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.

Notcoin (NOT). Pre-Summary 2 (hmm...Binance?)

10 May 2024 1 minute read 0 comments Crypto_MD

Notcoin (NOT). Pre-Summary 1   Introducing Notcoin (NOT) on Binance Launchpool! Farm NOT by Staking BNB and FDUSD Binance will then list NOT at 2024-05-16 12:00 (UTC) and open trading with NOT/BTC, NOT/USDT, NOT/BNB, NOT/FDUSD and NOT/TRY trading pa...

Experience the Musical Feast of "DANS MON ASSIETTE" by Alvin Chris

8 May 2024 1 minute read 0 comments Louky

🎤🍽️ Experience the Musical Feast of "DANS MON ASSIETTE" by Alvin Chris ft. Double Zulu: A Fusion of Trap and Afro-American Vibes! 💥🎶   🌟 Genre-Defying Artistry: At 28, Alvin Chris refuses to be confined by genre boundaries. His music traverses h...

Sophia Sheth - No Second Chance

19 May 2024 1 minute read 0 comments Louky

🌟✨ Step into the neon-lit streets of nostalgia with Sophia Sheth enchanting synthwave journey, No Second Chance, from her debut album, "Stardust"! 🎶 Set to grace all major streaming platforms    Immerse yourself in the pulsating rhythms and...

25 Apr: "Buy Bitcoin" Sign Sold

25 Apr 2024 3 minute read 0 comments TheCryptoCurator

"We must not allow other people's limited perceptions to define us." –Virginia Satir Powered by Wubits - better than X because it's real people, real connections, and real conversations. READ Welcome to Thursday Folks! Bitcoin is trading at $63,816 w...

Binance Founder CZ Sentenced: Implications and Insights

1 May 2024 3 minute read 0 comments Robert R Davis

  Cryptocurrency has often been at the center of heated discussions regarding its regulation and the legal responsibilities of those who operate within this industry. The recent sentencing of Changpeng Zhao, popularly known as CZ, the founder of Bina...

What Is a Utility Token? Security Tokens vs Utility Tokens

11 Feb 2023 7 minute read 9 comments StealthEX

When it comes to tokens and their categories, it’s clear that they all have their own functionality, which differs from each other. When talking about tokenization and the types of tokens, we can usually identify a certain number of token groups, inc...

Binance on its journey without CZ

9 Dec 2023 1 minute read 109 comments Yugocean

     Binance has embarked on an untenable journey. The new CEO is not serious, and neither are the investors staying long. HODLing Is Down      An increasing number of investors left Binance following CZ's resignation. While investors still have fa...

Binance Introduces The Megadrop, A New Token Launch Platform

19 Apr 2024 2 minute read 6 comments Cryptonator`s

A few days ago, I published the article "The Binance Labs Investment Observer - The Bitcoin Restaking Infrastructure BounceBit". Today, Binance has announced that it will airdrop BounceBit Tokens to its users. This time not via a Launchpool or a Laun...

New Exchanges Onboarded: Bitpanda/ DWF Liquidity Market

18 Apr 2024 2 minute read 2 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Tested and updated ENULS protocol. Assisted NTC in integrating a new Nerve cross-chain network protocol. Assisted NTC in...

Kinza Finance - Confirmed Rewards For Early Supporters And Invested In By Binance

14 Dec 2023 2 minute read 33 comments Cryptonator`s

If you think that only big crypto projects can make you big money, then you're mistaken. In my experience, even smaller, less hyped projects can be quite rewarding, as recently with the $PYTH airdrop.  I believe that one of these potentially rewardin...