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.


Today I Bought My First Groceries With Crypto Using My New Binance Card

5 Feb 2021 3 minute read 49 comments acesontop

When I got out today in the morning, an envelope was waiting for me in my mailbox. It was my Binance Card that I ordered about two weeks ago. I wrote a post on Leofinance about ordering this card and how eager I am to circumvent the banking system th...

The Binance Labs Investment Observer: VANA, The AI Data Play

26 Feb 2025 2 minute read 2 comments Cryptonator`s

The AI + crypto narrative is still a thing, and Binance Labs just dropped some serious alpha. They have thrown their weight behind VANA, a decentralized data platform looking to shake up how AI and personal data interact. With CZ himself stepping in...

SEI and Cyber Tokens launching on Binance

14 Aug 2023 3 minute read 0 comments Smoljanović

Introduction Project 36 Sei (SEI), a layer 1 blockchain optimized for the exchange of digital assets, and project 37 CyberConnect (CYBER), a Web3 social network that enables developers to create social applications will be both be launched tomorrow a...

Binance Word of The Day | 17th April 2025

17 Apr 2025 1 minute read 2 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...

Binance Delisting Alerts: What It Means and Why You Should Act Fast

18 Feb 2025 1 minute read 5 comments Cryptonator`s

Let us dive into a topic that often flies under the radar: Binance delisting tokens. We all get hyped when a coin gets listed, but delistings? That's where things can get dicey, but not in a good way. What’s the Deal with Delisting? When Binance an...

Nexo: My Personal Experience with Its Services and Token

23 Aug 2024 3 minute read 2 comments CryptoGain

Introduction In the rapidly evolving world of cryptocurrency, finding a platform that mix traditional finance with digital assets seamlessly is crucial. Nexo is a great solution, offering instant crypto-backed loans, interest-earning opportunities on...

Binance&FTX – What Do You Need To Know About The Situation

11 Nov 2022 3 minute read 12 comments SimpleSwap

Do you remember the times when cryptocurrencies just began to conquer the hearts of people? Many users were hoping that crypto will become a symbol of freedom and independence, and it will make our life easier. Sadly, not everything has worked out ye...

BNB Surges Past $600 – What's Driving the Rally?

13 Feb 2025 1 minute read 0 comments ChangeNOW

Binance Coin (BNB) has soared past $729, marking a 19.51% gain in just a week. While Bitcoin and Ethereum have seen minor retracements, BNB has defied market trends. What's fueling this impressive rally? Let's dive in. Binance’s Asset Realignment Bin...

In The World Of Crypto - 26th January 2025

27 Jan 2025 2 minute read 1 comment Myxoplixx

The crypto market is buzzing with new trends, ranging from A.I.-powered collectibles to next-generation reputation networks. One of the most exciting developments is the growing reach of the REKT ecosystem. Recently, an A.I.-generated REKT NFT sold...

The Day OM Token Crashed 90%: What Really Happened?

14 Apr 2025 1 minute read 3 comments BreakdownFab

I'm intrigued by the world of Real-World Assets (RWA) and how they intersect with crypto but nothing prepared me for what happened to the OM token on April 14 2025. Let me tell you this story because it’s wild and might just change how you view the m...