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.


Importance Of Not Staking on Exchanges and Holding Your Keys

4 weeks ago 2 minute read 17 comments TiddyBit

The saying holds more true today than ever before. Justin Sun, Tron, take over of Steem and collaboration with exchanges with the likes of Binance, Huobi and Poloniex and other Chinese exchanges has the old saying "Not your Keys Not Your Crypto" Many...

The 5 indispensable tools to manage your cryptocurrencies

2 weeks ago 5 minute read 12 comments Roberto D.

Cryptocurrencies never sleep, so analysis tools help monitor everything. Everything happens too quickly and keeping track of everything is a real challenge. Volatility is also a factor that keeps you glued to the screen far beyond the physiological l...

Im Basically Warren Buffet Now.. I Invested $3.05 And Now Earn 1 Satoshi A Day.

5 days ago 1 minute read 12 comments CryptoCurrencyExchanges

Well i am basically Warren Buffet now.. or at least i feel like him. I just invested $3.05 of left over crypto that was sitting in my binance wallet and now i earn 1 satoshi per day in cold hard interest! Now 1 Satoshi is worth virtually nothing and...

5 Crypto Projects With 99% Chance of Survival of the Upcoming Market Crash

2 weeks ago 8 minute read 8 comments Adamic0

It finally happened.  After such a long bullish run in the wider economic markets, a sell-off has been created. The economy has been booming for over 12 years now and skeptical investors have been wondering whatever happened to the good old tradition...

I Just Read Binance's Steem Backpedal Blogpost. Here's What I Think About It.

3 weeks ago 4 minute read 8 comments SkinnerCrypto

So, about a decade ago, a dream was born from the mind(s) of an Individual(s); HEY! Let's have ourselves a super kick-ass Electronic Cash System that can't be controlled by monolithic central banks or other centralized entities! And the dream came tr...

Binance card is here!

1 week ago 1 minute read 3 comments MadMaxx

I'm personally not one to ever withdraw his crypto until a specified time or in a zombie apocalypse. I love to trade and I make a decent amount off it. Withdrawing money that can make me a profit feels "off" to me. However, if I could SPEND that mone...

Your Right to Wipe, Now Tokenized by CoinMarketCap

2 days ago 1 minute read 8 comments insidetrader

On that day we see some news about ''Binance acquisition of CoinMarketCap'', the team behind CMC announced ToiletPaperToken-TPT.  The CEO of the leading cryptocurrency exchange Binance, CZ had already talked about ''2 major acquisition by Binance in...

How I became a millionaire, and lost it all.(A true story.)

4 days ago 3 minute read 3 comments MadMaxx

This is gonna be good. First off, thank you very much for clicking the link to this post. Since you love clicking links so much, how about using today's sponsor's link: Changelly! They make instant exchanges from one cryptocurrency to another a bre...

Publish0x is helping fight against COVID-19 and making people working from home!

1 week ago 1 minute read 3 comments alberdioni8406

The times are heavy and the world is facing a really test of discipline, yes discipline, as more government are closing their social citizens life in order to not let the pandemic virus get spread more than it is now. People are be quarantined and ag...

Crypto is getting centralised. This is bad news.

2 days ago 1 minute read 10 comments MadMaxx

Has anyone taken out the time to read the bitcoin white paper? Well, I did. I was bored as hell, so I read the white paper. And I figured out that this new asset was created to not just be a peer to peer electronic version of money, but to be a DECEN...