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.


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...

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...

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...

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...

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...

5 News You Might Have Missed This Week (2 - 5 March)

5 Mar 2020 5 minute read 10 comments Brawnd0

So we have begun March somewhat optimistically. While the prices may not be as high as people like, it does feel like we may have a big bull run around the corner. Support levels seem to be holding and a lot of (mostly) good news seems to be pouring...

What is Binance Coin (BNB)? — ‘Exchanging the World’ — Beginner’s Guide

17 Jun 2020 6 minute read 5 comments cryptomagis

The idea of cryptocurrency exchange does not remain as a less explored one in the present world. Because of the high-flying profits and the ease of working, the prospects attract a lot of user interest. Meanwhile, the cryptocurrency exchanges use the...

Building Passive Crypto Income Streams Is A Must!

2 Jul 2020 2 minute read 16 comments Sapphire

Passive Crypto Is Absolutely Essential Post 2020 I think passive income is the absolute dream to work towards and I think most people would agree with me. However, most people have no idea how to get started along the road to financial freedom. This...

Top Things You Should Know About Binance

29 Jan 2020 45 minute read 42 comments MuyAsk

Hey guys :) It’s been a while since the last time I posted about MakerDAO, DAI & SAI, however, the following piece - on Binance and BNB took much longer than I expected to put together so I hope you enjoy it! The list of Q&A is pretty long so first c...