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

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.


My Small Portfolio of Just 4 Crypto For Long Term Hold #showmyportfolio

7 Jul 2019 1 minute read 5 comments Adamic0

Let’s get one thing straight - Bitcoin really is king and there is no denying that. Until Ethereum or Ripple catch up with the amount of daily trading volume and close in on Bitcoins market cap - Bitcoin will remain king! However, as this entire indu...

What are Dogecoins and how do they work (GUIDE)

6 Jul 2019 3 minute read 0 comments Roberto D.

Dogecoin or DOGE is an electronic currency, that is, a form of digital payment. Like bitcoins they are a cryptocurrency or cryptocurrency that is a form of equal and decentralized money that uses cryptography to control its creation, transactions and...

D is for DOGE

6 Jul 2019 1 minute read 0 comments Roberto D.

What is Dogecoin? Dogecoin is a decentralized, peer-to-peer digital currency that enables you to easily send money online. Think of it as "the internet currency." What's with Dogecoin and the dog? "Doge" is our fun, friendly mascot! The Shiba Inu is...

Dogecoin will be listed by Binance, the price goes to the stars

5 Jul 2019 1 minute read 0 comments Roberto D.

New listing by Binance, one of the most famous cryptocurrency exchange in the world. Directly from the official account of Binance on Twitter comes the news: "#Binance Will Dogecoin ($ DOGE)". Immediately the market reaction, within an hour of the co...

Binance No Longer Allowing US Customers- The Implications

20 Jun 2019 1 minute read 0 comments Wstanley224

Binance No Longer Allowing US Customers- The Implications As the cryptocurrency market recovers, Binance, the largest online cryptocurrency exchange will close it's doors to American customers.  Americans make up only 15% of the volume on Binance dai...

Binance Coin takes off towards the $ 40.

20 Jun 2019 3 minute read 0 comments daniejjimenez

The crypto market has been intense this week and even though Bitcoin has not yet exceeded the five-digit level, it maintains a lateral movement of prices around nine thousand and keeps the market at optimal average capitalization levels at $ 288 bill...

Crypto Exchange Binance will release a new digital asset

19 Jun 2019 1 minute read 1 comment beareev

Binance cryptocurrency exchange is preparing to release a new token, which will be created through the blockchain Binance Chain. BTCB trades will take place both at Binance and at the Binance DEX site. The token will be traded in a pair with the main...

Are the Altcoins in trouble??

18 Jun 2019 1 minute read 0 comments MDz

Are the next few days going to be dificult for altcoins?   Bitcoin currently stands at $9180. It has slightly dropped from the $9440, its highest price in 24h(reference Binance).   So what could possibly go wrong? Why do I believe alts may bleed? We...

Analyzing EOS, BNB, BAT, ETH, LTC and XRP: A Closer Look

13 Jun 2019 1 minute read 1 comment Workin

Like Bitcoin, many altcoins are looking ripe for a larger move. EOS is peeking it’s head up and out of a wedge it’s been consolidating in these past few days. Binance Coin (BNB) just broke out of the bullish, descending broadening wedge we discussed...

Electroneum On Binance?! 🤷🏾‍♂️🤔

12 Jun 2019 2 minute read 7 comments Electroneum United

Recent tweets have lead those in the Electroneum community to wonder if ETN will be listed on the popular exchange Binance. How would such a listing effect price? Is it necessary? Reasons For Speculation Today, Electroneum tweeted that CEO, Richard...