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 Coin is a hidden gem.

9 Feb 2020 1 minute read 0 comments MadMaxx

Ever heard of BNB? BNB is the native token of the exchange Binance. It was originally created to be used as a means of payment on the Binance platform.  But when other exchanges started offering trading pairs with it, Binance took the cue and did the...

The Ultimate Guide to earning consistent, easy and passive cryptocurrency on the internet

9 Feb 2020 4 minute read 4 comments manilpwn

I am going to preface this article by saying that I will be posting referral links in here, and you don't have to use them if you don't want to, but I would love if you did!   Without further adieu, let's get into the Ultimate Guide for crypto earnin...

*INCEPTION NOISES* Binance Futures adds... BNB

9 Feb 2020 1 minute read 5 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...

BTC hits $10,000 USD as crypto growth continues

9 Feb 2020 1 minute read 16 comments manilpwn

Today, the price of BTC hit $10,000 USD, with the price currently standing at $10,071, a 39% increase over the price 60 days ago. Over the course of December and early January, BTC struggled to maintain a price of $7000 USD, dipping below several tim...

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 Tejas19

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...

Basic Attention Token is under valued

7 Feb 2020 2 minute read 2 comments Ephesians

I believe the price of BAT token is ridiculously under-priced. At this moment BAT/USDT trades at $0.264. I state my reasons below: Respected and reputable CEO Brendan Eich is an American technologist and creator of the JavaScript programming language...

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...