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.


Binance Coin (BNB) Price Prediction 2020 - $44 Possible?

2 weeks ago 9 minute read CryptoChartWizard91 $6.04 tipped

Binance Coin has had a very interesting thus far (as of 30/09/19) as it has created a fresh ATH and then dropped by a total of 60% over the following months. In the first half of the year, BNB had managed to soar by a total of 627% after rising from...

4 Most Important Crypto News You Should Know Today (19 Sep 2019)

4 weeks ago 4 minute read Brawnd0 $4.35 tipped

As we head into the last quarter of 2019, a year which has seen significant improvement in the fundamentals of the market, a lot continues to happen that has crypto enthusiasts hopeful for the prospects of a great bull run in 2020. We are halfway to...

The Idea Of What Constitutes An S**coin Will Dramatically Change In The Near Future

3 weeks ago 14 minute read Cryptolohy $3.52 tipped

"Nothing has intrinsic value, intrinsic value is a meaningless term because value has to be subjective in the eyes of the valuer" Erik Vorhees, CEO of Shapeshift, in his debate with Peter Schiff   I do not agree with this previous quote from Erik V...

BNB / USDT technical analysis [BINANCE]

4 weeks ago 1 minute read MrBullishSail $2.60 tipped

BNB seen from the seasonality of 1D we can see how the price has formed a descending wedge where the RSI indicator begins to show bullish divergence, the price has started to rise once it reached the zone of weekly demand located at 20.4593, the...

This Is The Binance Of Latin America

1 week ago 4 minute read Cryptolohy $2.45 tipped

It was late at night, I was surfing the web for crypto-related content, and then, I don't really know how, I found it, in all its coolness.   I have found the Latin American version of Binance. Let me elaborate.   Binance is notorious for offering hu...

Travala.com Oct 2019 - Book Your Favourite Holiday W/ BNB, EOS, BTC, NEO & More! W/Matt Luczynski

10 hours ago 2 minute read Cryptokoala $1.33 tipped

Travala.com - Hello Crypto and Blockchain community. Today I talk with Matt Luczynski the CEO at Travala. GIVEAWAY! - Click the link if you would like to get involved 🏆 https://gleam.io/competitions/nJFPZ-travalacom-2-level-5-smart-programs-giveaway-...

Binance Could Overcome All Exchange In The World

2 weeks ago 3 minute read Rubika Ventures $1.03 tipped

The purpose of this article is not to provide you with a guide on how to use Binance to do your trade operations. We want to inform you of the latest statistics and news that were reported by Binance before this week ends. Therefore the following li...

We are the winners of the First Gaming Blockchain hackathon in India.

1 week ago 1 minute read Agnel Vishal $0.72 tipped

A gaming blockchain hackathon was conducted by Devfolio in Cowrks, Bangalore. It was sponsored by Binance.  We are happy that me, Sylvester, Rakesh and Apeksha got first place in the hackathon from CelerX and 2nd place from Cocos. We were provided wi...

Latest News From Binance Exchange

3 weeks ago 1 minute read Rubika Ventures $0.64 tipped

  To start the day well, it is always good to be informed. That’s why we bring you the latest news from Binance. Certification, One More Step The first one and the most exclusive is that Binance received ISO27001 accreditation, certified by the DNV...

My Photos from Okex Tech Week few days ago

1 week ago 1 minute read kingscrown $0.54 tipped

last week for small vacation and also on Okex Tech Week on Delta Summit conference. We had there plenty speakers on main scene and also plenty event and speaks on smaller ones. Whole event was for the first time made and sponsored by Okex exchange. I...