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

Binance Coin (BNB)

814 Articles 947 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.

You can Proof of Stake USDT aka Tether now.

11 Feb 2020 1 minute read 6 comments kingscrown

Tether just launched on another blockchain - Algorand so we have a new protocol among others - Ethereum, EOS, the Liquid Network, Omni (bitcoin) and Tron. What is Algorand? World’s first open source, permissionless, pure PoS blockchain protocol dedic...

Blockchain Expert Claims Bitcoin is Bulletproof Against a 51% Attack

10 Feb 2020 2 minute read 0 comments

A new analysis from TokenAnalyst raised the question about the security and viability of the Bitcoin network and found that the infrastructure and hash rate of Bitcoin has become more centralized than before. The analysis stated that there are around...

Binance Coin Price Analysis for 02/10: Definitively Breaking the $24.4657 Resistance is key to Maintaining the Uptrend

10 Feb 2020 2 minute read 4 comments JP Buntinx

Most of the cryptocurrency markets are taking a breather after the extensive bull run. One notable exception is the Binance Coin price. For reasons unknown, the BNB value continues to push higher, despite today's minor bearish pressure. This makes on...

*INCEPTION NOISES* Binance Futures adds... BNB

9 Feb 2020 1 minute read 4 comments oceanloader4

10/10 for the 'eat your own dogfood mentality' here.    You can now leverage trade BNB on the binance Futures platform.   it was starting to look like me that they were reluctant to expose thei...

Curate Bitcoin 02/08/2020 by dobobs

9 Feb 2020 5 minute read 0 comments dobobs

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of CURATION. Every investment and trading move involves risk. You should conduct your own research when making a decision. FAANG Stocks Pr...

Binance merges W2rX P2P cryptocurrency exchange WRX soars 6x since listing

8 Feb 2020 1 minute read 0 comments Aleenajoe

Binance merges subsidiary P2P Binance announced that it will integrate the P2P platform provided by Indian cryptocurrency exchange WazirX, which was acquired last year, with its headquarters, Usage on Binance will start on February 13. O...

Google's crypto purge continues! Binance taken out of the playstore!

8 Feb 2020 1 minute read 9 comments Tejas1911

Off late Google hasn't been too kind to the crypto community. It first started off with the removal of metamask wallet from the playstore and then started sending out warnings and banning many famous crypto channels in YouTube last month. The ban had...

Tron's price skyrockets with a 58% increase in one month

8 Feb 2020 1 minute read 1 comment manilpwn

Earlier today, TRON founder Justin Sun announced that his long awaited dinner with the worlds third richest person, clocking at $85 billion USD, Mr Warren Buffett, had gone ahead. The dinner had been postponed for quite a while, with some speculating...

Binance is the King of The Hill. And that's Bad for Decentralization.

7 Feb 2020 3 minute read 25 comments SkinnerCrypto

This one might take a different tone than some of my other posts. It's crazy how sometimes, you don't recognize something until you're being beaten over the head with it rolled up in a newspaper. Like a bad boy. But this is my opinion and I'll stick...

BitShares: new CEX trading pairs

6 Feb 2020 1 minute read 0 comments favicon

There are not too many good news these days around the OG DPoS Blockchain, unfortunately. Fortunately, however, there is some good news today from Binance You can now trade BitShares against Tether Dollar and Binance USD! Also nice to know: there is...