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.

Binance struggling with regulatory problems in Japan, the cryptocurrency exchange will block access to Japanese traders

1 day ago 1 minute read Roberto D. $0.11 tipped

The news came from yesterday and was published on the Japanese binance website, for which it is official; the cryptocurrency exchange, on the podium of the largest platforms for volumes traded globally, has communicated that it intends to limit acces...

9/1//2020 Price Update: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litcoin, OX(ZRX), STEEM, Steem Base Dollars (SBD), Basic Attention Token, Bitshare, DAI, XRP, EOS, Binance coin, Huobi token, Maker

1 week ago 1 minute read Danoskie $0.10 tipped

  Hello,How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 9/1/2020HAPPY NEW YEAR!The market goes down again and this time, it's heavy with about -4.4%, causing greater harm to almost all the cryptos on my list today.What...

Binance FAKE Giveaway

3 weeks ago 1 minute read The Joker $0.10 tipped

Another scam video on youtube: from the description of the video "Binance CEO : In this AMA we are discussing BTC price and talking about Bitcoin price prediction. Also, we prepared an BIG Airdrop to giveaw...

Binance Europe Head left the crypto exchange.

1 week ago 1 minute read alberdioni8406 $0.09 tipped

The Crypto Exchange Binance's head for Europe zone left the Exchange to embrace a new Project. It seems She's joining the Team as,this, Cryptocurrency Exchange has an plan to mass adopt crypto in Europe. At the time no news has been releas...

Binance broadens the scope of its Ecosystem

1 week ago 2 minute read fklivestolearn $0.09 tipped

The Crypto business giant is adding three new products to its existing line of services   Just when you think what else can Binance possibly add to its impressive line of services, it surprises you by offering another innovative solution to its...

Binance may soon block Japanese users.

2 days ago 1 minute read alberdioni8406 $0.08 tipped

In a new development from the exchange, it's quite clear that soon, the main platform to trade crypto in the world will " restrict some trading functions" from Japanese users. It's not known, what  the Future reserve to the Japanese citizens that are...


1 week ago 1 minute read Digital Asset Thinker $0.08 tipped

Hi dear Crypto Investors, Crypto Enthuasiasts, friends, followers,   I hope you have a great day. THere are some good news even if you have noticed in the Actuality that Bitbox decided to delist XRP. This surprising decision is interesting. There can...

FTX Derivatives Exchange launched Bitcoin Options.

5 days ago 1 minute read alberdioni8406 $0.08 tipped

FTX derivatives exchange subsidized by means of binance launched bitcoin options late Sunday.The options launched by FTX derivatives exchange isn't available to the USA territory, and the options are tied to US dollar and may be traded additionally o...

Wicrypt Firm Get Investment from the communication Authority in Nigeria.

2 weeks ago 1 minute read alberdioni8406 $0.08 tipped

Nigeria Blockchain Firms are increasing lately and the 2019 was marked in part for the Binance Partnership with Flutterwave to use Fiat Gateway allowing Nigerian to purchase Bitcoin,BUSD and BNB using Naira. Now as the Blockchain Industry goes forwar...

Cryptos Bulls Vs Bears Today 12/01/2020

6 days ago 1 minute read Danoskie $0.08 tipped

  Hello peeps,How are you doing today?The bullish trend continues as some cryptos gains more values while few fall.The market is currently up with about 1.22% and their are many gainers in the market.Yes!The year is getting better and older which we...