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

Binance Coin (BNB)

826 Articles 963 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.

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: 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...

Binance Is Launching Perpetual Contract for Cardano (ADA/USD) !!!

31 Jan 2020 1 minute read 2 comments Otek

Well known digital asset exchange Binance on 3.01.2020  announced the launch of a new permanent contract product (ADA / USDT) by its future trading platform, Binance Futures, which came live in September 2019. In this way, Cardano join to other perpe...

Binance US announces to add staking for Algorand and Cosmos

30 Jan 2020 1 minute read 1 comment

Binance US has announced to add staking for Algorand (ALGO) and Cosmos (ATOM. With this, both ALGO and ATOM will become first tokens available for staking to US-based traders on the Binance US exchange. Staking reward for Algorand and Cosmos in Feb T...

TRUST Wallet / Unstoppable Domains

30 Jan 2020 1 minute read 0 comments simpatico.crypto

Friday Giveaway I'm a supporter of the excellent TRUST wallet, operated by industry behemoth BINANCE. They're having an AMA and a giveaway with Unstoppable Domains this Friday. Full details available HERE. About TRUST Wallet 2020 Predictions From V...

What is Binance Coin (BNB)? | The currency behind the Binance exchange platform

30 Jan 2020 1 minute read 1 comment NassiroV

Image Source Binance coin, the currency of Binance Exchange Binance is a trading platform for altcoins. It has a very high level of performance. Indeed, it allows you to perform a large number of operations per second, is available in several langua...

You can convert small amounts of altcoins and stablecoins in BNB on Binance !

28 Jan 2020 1 minute read 0 comments Djordi

Hi everyone ! I do not know if this has already been published before on Publish0x, but there is an interesting feature on the exchange Binance. Whenever you are trading altcoins or stablecoins on Binance and you sell them afterwards, you are always...

Binance glossary - First place to go when you don't understand something crypto related

28 Jan 2020 1 minute read 0 comments DimitarM

So guys, I'm all about "educating" the less experienced people with Crypto and I usually try to share any valuable sources of information I manage to find. Today this is the Binance Academy's Glossary. This is a place where you can find probably all...

TRX Forecast: stability and deceleration with multiple points of purchase

27 Jan 2020 1 minute read 0 comments matim10

I saw in several places that the TRX will reach 500% of appreciation in 2 years. It is very viable, stable currency, multiple uses, present in gambling and various games. Low fees, and that old story of stability vs. volume well adapted. The truth is...