Binance Coin (BNB)

5,357 Articles 78,205 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.

BitShares: new CEX trading pairs

6 Feb 2020 1 minute read 0 comments favicon

There are not too many good news these days around the OG DPoS Blockchain, unfortunately. Fortunately, however, there is some good news today from Binance You can now trade BitShares against Tether Dollar and Binance USD! Also nice to know: there is...

Binance Soft Staking: how to easily earn from PoS

6 Feb 2020 4 minute read 12 comments Cryptomar

In my previous article "Staking: what it is and how to increase our profits with PoS coins" I introduced the topic of Proof of Stakes cryptocurrencies and how it is possible to earn through the staking of these currencies in a simple way, without nec...

Big Deeps Today 05/02/2020

4 Feb 2020 1 minute read 0 comments Daniella Blog

  Hello peeps,How is your day going?The market goes down again, dragging some cryptos to the kneels.This morning, I'll be sharing with you the prices of some cryptos that gown bearish which you will like to hodl some.Their downfall is really noticeab...

DASH and ZEC added to Binance Futures - a couple of tips for Futures trading

4 Feb 2020 1 minute read 0 comments oceanloader4

OK, so that's 2 in 24 hours by my reckoning. ZEC announcement DASH announcement   Both with 50x leverage, whereas the others I've mentioned  (XMR , ADA , XLM, LTC )have been up to 75x. But to be fair, 50x is still a crazy amount of leverage, unless...

Big Deeps Today 02/02/2020

3 Feb 2020 1 minute read 0 comments Daniella Blog

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...

Future Miasma (MIA) plans

3 Feb 2020 1 minute read 0 comments manilpwn

Miasma, the very low burn deflationary ERC20 token which also gives dividends, is planning to gain a large usecase which will increase it's demand. Considering the token is at nearly an all time low, now would be a good time to invest.   The token is...

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 -

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:   This follows ADA the other day (