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 platform: pausing withdrawals and deposits of ADA digital currency for this reason!

21 Feb 2020 1 minute read 3 comments Aldiwani

The famous Binance platform announced the temporary suspension of withdrawals and deposits of the ADA digital currency in preparation for the upgrade of the Cardano network. The Binance platform announcement confirmed its support for the upcoming upg...

Curate Bitcoin 02/20/2020 by dobobs

21 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. Bitcoin News Ro...

Big BNB Deeps Today 20/02/2020

20 Feb 2020 1 minute read 0 comments Daniella Blog

  Hello peeps,How is your day going?Today's is another day for crypto currency investors.Most Binance coins are shitcoins which when invested in, makes more profit than some big boys cryptos.For example, when you use about a hundred dollars to buy a...

Binance Aims to Support 180 Fiat Currencies in 2020

20 Feb 2020 1 minute read 0 comments mrnsaydou

In an attempt to "bring crypto to the masses," major cryptocurrency exchange Binance aims to enable fiat-to-crypto trading for "180+ fiat currencies," Changpeng Zhao, CEO of the company, said speaking of their goals for 2020. Binance.com has added s...

Buy and sell your bitcoins for real cash with Paxful instantly

20 Feb 2020 2 minute read 1 comment Shehara

Bitcoins are becoming the most influencing cryptocurrency all around the world. Consequently, a lot of people are interested in holding bitcoin due to its immense price. Hence, people need a better place to secure their bitcoins and convert it to cas...

One Stop Cryptocurrency News Cast For Today ?

19 Feb 2020 4 minute read 0 comments One Stop

📮19-02-2020   📈MarketCap:                  $298 B 📊24h Mcap %:                  3.52% ⚠️Bitcoin Dom:                 62.0%   📌Active Coins:                2,462 📍24h Vol %:                  -4.87% 💲24h Vol:                    $132 B   Trade On These...

Binance Cloud Is Announced

19 Feb 2020 1 minute read 0 comments crypto_block

Binance Cloud Is Announced   Binance has released Binance Cloud for customers to launch their own digital asset exchanges.     According to an announcement by Binance, Binance Cloud will mirror core functionalities of the Binance global exchange, ra...

Big BNB Deeps Today 19/02/2020

19 Feb 2020 1 minute read 0 comments Daniella Blog

  Hello peeps,How is your day going?Today's is another day for crypto currency investors.Most Binance coins are shitcoins which when invested in, makes more profit than some big boys cryptos.For example, when you use about a hundred dollars to buy a...

"No Need To Refresh Constantly", It's All SAFU

19 Feb 2020 2 minute read 2 comments acesontop

It's almost an hour, if not even more, since Binance entered a unscheduled system maintenance session, claiming that funds are SAFU but trading, deposits and withdrawals are suspended. Is this the first time it happens? Nope... Does it annoys me? Yes...

Binance Will Remove 5 Trading Markets Tomorrow

19 Feb 2020 1 minute read 1 comment JP Buntinx

Binance will be removing another five markets from its platform. None of these are big surprises, as they tend to create little to no trading volume whatsoever.    5 Trading Markets to be Deleted By supporting hundreds of crypto assets, tokens, and s...