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 adds new BTS/Stablecoin Pairs

18 Feb 2020 1 minute read 6 comments BitShares

Recently published on BitShares News website. See original. Binance have expanded their stablecoin trade offerings by adding BTS/USDT and BTS/BUSD pairs. 3 other coins joined BTS Core token in the listing which you can view in the original Binanc...

Tezos, Binance and India. A Tezo Foundation For The India Unbanked Market?

18 Feb 2020 1 minute read 0 comments TiddyBit

Everyone is aware of the recent increase in price of Tezos shooting all the way up to $4 and finding some very solid support at $3 range when Bitcoin dropped significantly today and on Sunday. However many are not aware of new market opening up in In...

Binance Cloud to Offer Exchange-in-a-Box Infrastructure Service

17 Feb 2020 1 minute read 0 comments mrnsaydou

Binance set to enter the white-label market Binance is set to develop white-label crypto exchange infrastructure for use by smaller exchanges, allowing them to focus on regulatory compliance. Binance Cloud Service Extends to Exchange Infrastructure...

One Stop Cryptocurrency News Cast For Today ?

17 Feb 2020 3 minute read 0 comments One Stop

📮17-02-2020   📈MarketCap:                  $286 B 📊24h Mcap %:                 -3.09% ⚠️Bitcoin Dom:                 62.8%   📌Active Coins:                2,431 📍24h Vol %:                   3.91% 💲24h Vol:                    $135 B   Trade On These...

Big BNB Deeps Today 17/02/2020

17 Feb 2020 1 minute read 1 comment 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...

Curate Bitcoin 02/16/2020 by dobobs

17 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. Mainstream Mom...

🌟CryptoCartoon of Helen Hai🌟BINANCE Cloud🌬☁️🌨⛅🌪

16 Feb 2020 1 minute read 6 comments jeninacrypto

Hi Cryptofriends🌟🌬 This time I cartoonized Crypto☆Star & angel charity lover Helen Hai in the Binance clouds!😉🌨⛅🌪 This Cryptoart is tokenized on Makersplace as an unique NFT (only 1 edition available) and bids are open at:https://makersplace.com/je...

Alibaba and Binance Relationship Exposed- Could It Mean China Has a Hold on CZ and His Exchange?

16 Feb 2020 5 minute read 0 comments Ivy Samboh

The founder and CEO of Binance, Changpeng Zhao, moved his company away from China in 2017 when the country banned cryptos and ICOs. However, recent events and new evidence suggests that the Chinese government maintains a hold on the business executiv...

How to Invest Free Dust Rewards of Publish0x Effectively

16 Feb 2020 2 minute read 1 comment abduraman

Publish0x is a crypto agnostic, Medium.com like publishing platform that rewards both authors and readers. Readers may send a tip to the authors and get a portion of the tip for themselves. Tips are free for both reader and author. I use "reader" wor...

Binance exchange cryptocurrencies Binance review

15 Feb 2020 5 minute read 0 comments paoluccimax

Binance  is one of themost popular, if not the most popular, crypto-to-crypto Exchange platformsright now. Since its launch in 2017, it has quickly gained a reputation in the blockchain communitythanks to its variety of coin offerings and...