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.


Big Deeps Today 02/02/2020

3 Feb 2020 1 minute read 0 comments Danoskie

Hello peeps, How is your day going?It's me again on cryptos price update and now, I'll be sharing with you some of the cryptos that went down with much expectations from the users/traders.They're really noticeable.Let's get started. 1. PLBT (Polybins...

Bitcoin: Who Owns The Most?

3 Feb 2020 1 minute read 0 comments BitcoinGordon

Is Crypto growing? Is the bull run coming? When moon, when lambo? Are these questions familiar? Then, you must be wondering who truly holds the answers. In the article linked below, you'll find an interesting approach to knowing the real answer about...

Crypto Earn - Binance Launches Twelfth Phase of Binance Lending Products

3 Feb 2020 1 minute read 0 comments tcss007

Binance will launch the twelfth phase of Binance Lending Products at 2020/02/03 12:00 PM (UTC), where 30-day fixed term lending products will be made available. Further details are below:  Subscription Format: First-come-first-served basis. Subscrip...

The most important Twitter update of the year

3 Feb 2020 1 minute read 1 comment kingscrown

Yes everybody waited for it and we got it!!What is the update? Now Bitcoin has its own emoji like some other prominent tags. How to use it? Simple use hashtag #bitcoin and post like i did here - https://twitter.com/kingscrownBTC/status/1224052223723...

Gotta catch em all - Binance adding Monero to futures

3 Feb 2020 1 minute read 0 comments oceanloader4

  This seems to be almost a daily occurrence, but Binance are adding Monero ( XMR ) to the futures platform tomorrow:   https://www.binance.com/en/support/articles/360039429631   This follows ADA the other day ( https://www.publish0x.com/press-play-o...

How to set a stop loss on Binance exchange.

2 Feb 2020 1 minute read 1 comment MadMaxx

Binance exchange is possibly the best exchange out there. Amazing volume, invisible trading fees and so on make this exchange the one to beat. But coming from Bitfinex, the "advanced" interface is super simplified to me. I couldn't even use most of m...

Big Deeps Today 02/02/2020

2 Feb 2020 1 minute read 0 comments Danoskie

  Hello peeps,How is your day going?It's me again on cryptos price update and now, I'll be sharing with you some of the cryptos that went down with much expectations from the users/traders.They're really noticeable.Let's get started. 1. PLBT (Polybin...

stop loss orders, and why 'reduce-only' is so important (Binance Futures live example)

1 Feb 2020 4 minute read 3 comments oceanloader4

I wrote a few posts with scattered information about Binance Futures altcoin markets, and in each one I bang on about stop loss orders. I figured it's time to explain a bit more fully how to use them (well, how I use them anway).   DISCLAIMER: I am a...

ADA added to Binance Futures : 75x leverage

1 Feb 2020 1 minute read 0 comments oceanloader4

Binance seem to add at least one altcoin every week to its Futures platform   LTC:https://www.publish0x.com/press-play-on-tape/binance-launches-ltcusdt-perpetual-contract-market-launching-xgzwvp XLM :https://www.publish0x.com/press-play-on-tape/xlm-...

Best proof of stake coins to stake for massive profits.

31 Jan 2020 2 minute read 10 comments MadMaxx

Proof of stake is one of the best ways to get free money just by owning a coin. I personally stake Tezos in the Trust wallet, but there are other coins you can stake to get a profit  Staking is simply the "donating" of your coins for the development...