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

Binance Coin (BNB)

4,871 Articles 72,222 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.


What is Binance Pay?

23 Dec 2021 8 minute read 0 comments Pompey Fintech Academy

Wait a minute! Did you know you can send and spend crypto like BTC, ETH and not pay any transaction fees? Are you kidding? I just sent 2 ETH from my Binance Pay crypto account from here in Nigeria, Africa to a merchant in El Salvador, South Amer...

The Decentralization Of The Sports, Music & Media Industries #JETNFT

7 Jan 2022 3 minute read 1 comment Mauri Clover

Jetcoin Institute has now created a cryptocurrency for influencer's and their fans to have a deeper connection by being able to buy NFT's and profiting from their success and not just consuming their favorite content. This isn't only for influencer's...

How MRHB Token Holders can Earn Passive Income from Trading Fees and 5 Million Pool of $MRHB Rewards by being Liquidity Providers

1 Jan 2022 3 minute read 0 comments Bit Media Buzz

Melbourne, Australia - MRHB DeFi officially concluded successfully its IDO on DODO and ZeeDO launchpads just last month. All together, the world's first ethical and halal DeFi ecosystem platform raised a whopping US$5.5m with around 85% coming from a...

Shorts cryptonews for this last week 52 of 2021

1 Jan 2022 1 minute read 1 comment Pasucaru

- The holiday mood is deteriorating with the price of BTC dropping sharply below $ 46,000, dragging the rest of the market with it. - Decentralized exchanges recorded more than $ 1 trillion in volume in 2021 (the Chinese did not give up cryptocurrenc...

$FARM vs $IFARM, Pros and Cons

30 Aug 2021 1 minute read 21 comments 3NiGMa

Greetings budding cryptoheads! In this new and exciting blog, I will be covering the pros and cons, the ups and downs, the negatives and positives of every decision you make in the crypto space. Let's dive right in! Harvest Finance - What is it and w...

SWASH | THE NEXT BRAVE?

31 Dec 2021 1 minute read 0 comments Joao16

For more content like this tip me if you can! thank u :)   SWASH is a project like BRAVE with their differences of course, for example, Brave is a browser and SWASH is a cookie.This is a new project that is trying to do what Brave did and because of...

Elephant Money

29 Dec 2021 2 minute read 0 comments KHubbard

ELEPHANT.MONEY is a revolutionary way to help people in the community accumulate wealth and become integrated into the new DeFi revoloution by earning passive income. The Elephant.Money system is a permissionless, blockchain-based platform that allow...

#BinanceFARMer Writing Contest and Giveaway: $1,000 in $iFARM Prizes!

12 Apr 2021 6 minute read 137 comments Igor Tomić

It's time for another Harvest.Finance contest; this contest is similar to #CropSpotter contest, but #BinanceFARMer contest puts focus on farming the Harvest.Finance strategies on Binance Smart Chain, instead of those on the Ethereum network. This con...

Panther Quant raises $200K to accelerate their development!

18 Jan 2022 1 minute read 0 comments Panther Quant

  We are super excited to announce that Panther Quant has raised $200k in investment from AlphaBlockz & Angel Investors in the Partnership Round ! We’re extremely excited about this investment that will help in the growth and development of Panther...

Will Smart Chain Network Bugs Make (Polygon) Matic the New BNB?

7 Jan 2022 1 minute read 2 comments IdentidadeCrypto

What we see most lately is maintenance on the Binance Smart Chain network. Crashes, slowdowns, bugs, no, I'm not saying that the BSC network is a bad network, I'm just wondering about the possibility that people are migrating to other networks, inclu...