Binance News, BNB Price Predictions, Opinions and Analyses Created by Users

Binance Coin (BNB)

4,004 Articles 44,907 Followers

The Binance Coin (BNB) is a token that was released by one of the world’s largest exchanges, Binance, in August 2017. There are a total of 200 million tokens, with Binance conducting a burn every quarter based on trading volumes on its platform. Officials have stated that they plan to eventually burn 50% of all BNB tokens, reducing the total number of tokens to 100 million. Binance, which already has the Binance Chain and DEX (decentralized exchange), has said that the BNB token will play a significant role in the future of Binance ecosystem.

As is the case with exchange tokens, BNB ties in strongly with the exchange’s services and features, like the ICO launchpad and Binance DEX. BNB is a base pair for many popular tokens, and offers users discounts on fees related to the platform. It has gained a lot of attention in 2019 for its performance with Binance steadily launching new services that permit the use of the BNB token. 

The discounts with BNB token are significant, though it will be halved with every passing year. The first year, 2018, sees a discount of 50% in fees, with the next 25% and so on until the fifth year, 2022, where discounts will stop. Currently in the second year, 2019, with a 25% discount, Binance have announced that they will retain the 25% discount for the third year. Having recently launched a margin trading facility on the platform, the BNB token also features heavily here, as it offers fees that are at half of the rate of any other trading pair. 

The strong performance and business strategy of the token has seen it receive praise from multiple insiders in the cryptocommunity, and it continues to perform well.

In this tag, read Binance Coin (BNB) news, price predictions, opinions and analyses created by users.


#BinanceFARMer Writing Contest and Giveaway: $1,000 in $iFARM Prizes!

12 Apr 2021 6 minute read 136 comments Igor Tomić

It's time for another Harvest.Finance contest; this contest is similar to #CropSpotter contest, but #BinanceFARMer contest puts focus on farming the Harvest.Finance strategies on Binance Smart Chain, instead of those on the Ethereum network. This con...

#BinanceFARMer Contest and Giveaway Winners Announced: $1,300 in iFARM Rewarded!

9 May 2021 4 minute read 58 comments Igor Tomić

The #BinanceFARMer contest is over. Thank you all who took part in this event! It's time to announce the winners; I'll keep it short and sweet this time.     3x Winning Posts - $100 in iFARM Reward Each ($300 Total Rewards). Our judge has selected...

How Much Bitcoin Should You Own!?

28 Sep 2020 5 minute read 38 comments johnwege

There are many people that invest in bitcoin and other cryptocurrencies for the technology and potential it has to change the world.  But then there are people who are investing in the bitcoin and crypto space just for the financial gains that it can...

The Sad Days With Ethereum And Uniswap Transaction Fees Are Getting Over With Binance Smart Chain And PancakeSwap.

25 Feb 2021 4 minute read 19 comments Godsplan

  Hi everyone, today l’m here again to share with the whole community another Important update in the crypto market and this time particularly DeFi. DeFi is a great way to earn passive income but most of us are left behind because of the transaction...

Give Some Attention To The Exchange Tokens: BNB, Uniswap Coin, HT And OKB All Taught Us A Lesson.

21 Feb 2021 5 minute read 29 comments Godsplan

  Hi everyone, I’m here again to spread some good news in the crypto market that maybe many of us might have not taken notice about. If we check generally, l can say the month of February had being a great month for bitcoin and its other alternative...

TOP 5 Staking Coins To Generate Passive Income In 2021 🔥

19 May 2021 3 minute read 38 comments Cryptonator`s

HODL and stake! This method has become an attractive alternative to trading for many cryptocurrency investors. I am a huge fan of staking and I believe that you love it too. That`s why I decided to write this post about my personal TOP 5 staking coin...

How To Get 425 Nervos X From CoinMarketCap Earn 💰

10 Feb 2021 2 minute read 46 comments Cryptonator`s

At the moment, you have the chance to earn 425 $CKB tokens (about $3.50) on CoinMarketCap Earn. Successful users will receive 425 $CKB each until the total rewards pool of 17,000,000 CKB runs out. It`s easy and here is how it works, step by step. 1....

Federal Reserve Will Cause 2021 Bitcoin Dumps (Diamond Hands)

13 Feb 2021 3 minute read 32 comments AlucardLife

As we all know, no investment goes up in a straight line. But there is literally no reason for bitcoin to not go up in a straight line for the next 6 months. Billions of institutional money is publicly flowing in. Private citizens are openly defying...

Binance Smart-Chain: Where do I stake? Where do I earn?

1 May 2021 3 minute read 44 comments PVMihalache

The Binance Smart-Chain keeps evolving and the number of users and transactions keep growing. There are so many places on BSC where crypto can be staked, and new ones are emerging every day. But where to stake and earn a steady flow of income? Pancak...

TOP 5 Features On Binance You Need To Know

31 Jan 2021 3 minute read 30 comments Cryptonator`s

I guess that most of you are already registered on the Binance exchange as it is one of the most well-known and well-established cryptocurrency exchanges. Those of you who are not trading on Binance yet should consider joining because the exchange is...