Binance Coin (BNB)

7,604 Articles 108,392 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.


I Sold My CAKE—Here’s Why

19 Mar 2025 1 minute read 2 comments BFab

Yep, I did it. After watching CAKE skyrocket over 40% in the past 24 hours and nearly 70% in a week, I knew it was time to make a move. The pump has been insane, but let’s be real—it won’t last forever. Why CAKE Pumped So Hard: PancakeSwap’s Trading...

Binance Word of The Day | 16th June 2025

16 Jun 2025 1 minute read 0 comments Oivas

Word of the Day | Binance I don’t need to introduce Binance, so I’ll skip that part. However, it is worth talking about what Binance is doing. The largest crypto exchange in the world is ensuring that we don’t just have fun trading and doing business...

Top 5 Exchange-Based Coins And Tokens by Market Cap

7 Jul 2024 3 minute read 6 comments Cryptonator`s

The cryptocurrency landscape constantly evolves, with exchange-based coins and tokens playing a central role. Those tokens can be from Centralized Exchanges as well as from Decentralized Exchanges. Typically these kinds of tokens are issued by crypto...

Cryptocurrencies and tokens - They are not the same

29 Dec 2022 4 minute read 4 comments CryptoEntrepreneurs

"In a world as liquid as 'crypto', the borders between 'token' and cryptocurrency are very blurred. The 'token' can be considered as the basic brick behind all digital transactions, from the simplest to the most complex, while cryptocurrency is a 'to...

Hyperliquid, The New Backbone Of Decentralized Finance

6 Jun 2025 1 minute read 3 comments Myxoplixx

Recently, Felix, a lending protocol built on HyperEVM (Hyperliquid’s smart contract platform), crossed $100 million in loans, and the platform generated an impressive $600,000 in fees in just one hour. This shows that user activity is surging, likely...

My daily activity in viefaucet

16 Apr 2025 1 minute read 0 comments user167

I’ve been using Viefaucet for a while now and I thought it would be helpful to share how I earn from it every day. It’s not a huge amount but it adds up over time, especially if you’re consistent. Viefaucet website link  Every day, I start by loggin...

Binance Smart Chain — An Introduction

26 Nov 2020 4 minute read 6 comments NOWNodes

Originally published in the NOWNodes blog. Binance smart chain became live on its mainnet on 17th September 2020. It took five months for the smart chain to go live since it was announced in April 2020. Since recently we added support to Binance Smar...

Binance returns to Syria after US lifts sanctions

12 Jun 2025 1 minute read 0 comments Yugocean

Sanctions Ended      The suspension of US sanctions on Syria has been announced. Following this decision, Syria will no longer be classified as a “restricted country”. This will have a direct impact on the cryptocurrency market with centralized crypt...

Do We Need 210 Different Layer 1 Coins? Here Are The TOP 5 Layer 1 Coins By Market Capitalization

20 Nov 2024 2 minute read 5 comments Cryptonator`s

The crypto space is vast and ever-expanding, with CoinGecko listing a jaw-dropping 210 Layer 1 blockchain networks as of now. That is 210 blockchains all claiming to be the next big thing in scalability, security, or decentralization. But let's face...

The Answer Was Right in Front of Me… Why Didn’t I See It Sooner?

7 Apr 2025 1 minute read 3 comments BFab

Ever had one of those moments where the solution was so obvious, but you completely missed it? Amidst the chaos, I was scrolling through crypto charts the afternoon, hunting for the next big opportunity—checking new tokens, hyped narratives, and obsc...