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

Binance Coin (BNB)

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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.


How Much Bitcoin Should You Own!?

28 Sep 2020 5 minute read 27 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...

Top Coins To Trade & Hodl With Extremely Low Transaction Fees

22 Aug 2020 2 minute read 25 comments Sapphire

Inexpensive To Move For those of you who have not yet realized how expensive gas fees for ETH have become, you might be in for a shock next time you want to send some ETH or your favorite ERC20 token. Currently, it will cost you a couple of dollars,...

TOP 5 Crypto News (31 March '20)

31 Mar 2020 5 minute read 23 comments Brawnd0

Hey guys. We are plodding along, battling lockdowns and anticipating the halving, and expectant of a bull run soon.  As all of these major geopolitical events and macroeconomic factors occur, the crypto industry keeps itself busy. I’ve covered some o...

Trading Opportunities for Short Term Profit #1 (14 April 2020)

14 Apr 2020 7 minute read 43 comments CryptoChartWizard91

Hello traders, Today I would like to try something a little different by providing some potential trading ideas that I have my eyes on. Remember these are just trading ideas and are not to be used as blind signals. You should always be conducting you...

Our beloved CoinMarketCap is censored now!

15 May 2020 2 minute read 36 comments paragism

Binance recently did the acquisition of CoinMarketCap on 2nd April, 2020. The rumoured deal was $400 million. Binance is in a fast acquisition spree nowadays. In last a few years, they’ve done quite a few acquisitions. Indian exchange WazirX, JEX, Da...

Brave Browser Users To Receive Rewards in BNB & BUSD In Addition To BAT

5 May 2020 1 minute read 42 comments xqanxxx

It was just a few days ago that Binance announced their partnership with Brave browser to integrate its Widget into Brave's Nightly and Beta versions. Read here: Binance Widget Finally Featured In Brave Desktop Browser Earlier today, Binance CEO Cha...

Binance Launchpool: Flamingo (FLM) for BNB holders

26 Sep 2020 1 minute read 24 comments PVMihalache

After the success of Bella Protocol and Wing Finances, Binance announced the 3rd project to be launched on the Binance Launchpool platform. Now Binance Coin and Binance USD holders can farm an interoperable, full-stack decentralized finance protocol...

New Staking Projects With High Yields!

23 Aug 2020 2 minute read 25 comments Sapphire

Great Annual Returns If you missed my recent post regarding Troy, you might want to read up about this project and what they are all about. My post, "What You Need To Know About Troy & Their Partnership With ChainLink" gives a brief explanation of Tr...

2 Crypto Giants Just Partnered [Brave & Binance]

25 Mar 2020 1 minute read 21 comments Brawnd0

Hi folks, have I got some big news for you today - Brave and Binance have announced a partnership! Probably some of the best news we’ve received in a while for us BAT fans. Even despite the fact that Brave and BAT have had a phenomenal few months. ...

How to Earn Crypto on Your Crypto

16 Jun 2020 9 minute read 54 comments cryptoforcanadians

A personal goal of mine is to help thousands of people learn about crypto whether it's with buying, securing, tracking, trading, or sending it. So when creating content about crypto, I always try to put myself in the minds of others who are just star...