Neosify - Buy, Stake & Earn Crypto
Neosify - Buy, Stake & Earn Crypto
Neosify - Buy, Stake & Earn Crypto

Binance Coin (BNB)

6,172 Articles 80,557 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.


1BTC Project February Recap

28 Feb 2023 3 minute read 12 comments 1BTC Project

February was a mixed bag without much movement from the streams I have come to rely on. I added a just over half of a half percent thousandths of BTC from staking, sign up bonuses and the COIN app. More is more, but this is quite low. The good new...

Firework Games: The Future of Battle Royale with AI Integration

12 Mar 2023 5 minute read 0 comments GameFi3

Discover the exciting world of Firework Games, a gaming company that is revolutionizing the genre of Battle Royale with AI integration. Learn about their latest developments and partnerships with AWS and some other still-unknown brands. As an MMO lo...

Introducing the Bitcoin Debit Card. Frequently Asked Questions

6 Mar 2023 1 minute read 2 comments Ahmiey

The Bitcoin Debit Card is the way to go. In 2023 alone there are more crypto users than ever before and the year has just began. Due to this increased growth, many businesses have observed that people are generally in favour of crypto alongside the o...

More Binance Staking and Farming Products No Longer Allowed By UK Users

6 Mar 2023 1 minute read 5 comments XTRM™

More Binance Staking and Farming Products No Longer Allowed By UK Users - Earlier in February 2023 Binance issued a statement that many of its staking products from the 'Earn' services, are no longer available to UK residents and users. Products such...

LooksRare (LOOKS) Coin, NFT Marketplace

22 Feb 2023 2 minute read 2 comments CryptoHott

What is LooksRare (LOOKS)   LooksRare is the community-first NFT marketplace. Buy & Sell NFTs, Get Rewards. Traders, collectors, and creators get rewards from LooksRare for active participation. Part of being community-first means that LooksRare r...

RUN DAY BLOG STEPN #31 2023

4 Mar 2023 1 minute read 2 comments damorf

Welcome to all of you crypto walkers and runners!   Today, i have run 32 min 16 sec , at about 5.34min / km, doing ???? steps, covering 5.04km. I used 6.2energies. I received 82.61 GST and one box level 1. SOLANA PRICE TODAY 20.85$ GST PRICE TODAY 0...

BTC Daily & Weekly Technical Analysis: Some Bearish & Bullish Signals / Let's Analyze the Pros VS Cons to see the weight!

4 Mar 2023 1 minute read 0 comments FreedomBuilder

Some bearish signals on BTC in 3D:- Bearish divergence on the RSI and the MACD.- The sellers start to come back after the MACD turns red, to see the close in 7 hours. The BTC is bullish in 3D since it is above the Ichimuku cloud and the 50 MM. https:...

A Day With Actifit and Binance

23 Mar 2023 2 minute read 2 comments BlueFlipper

Hello to all the beautiful Publish0x family! How are you? I hope you all will be happy and fine. "Happy Ramadan Mubarak to all BCH Muslim Community" Today was fruitful for me. It is very rare, I have found time for sports due to busy schedule of my l...

RUN DAY BLOG STEPN #35 2023

20 Mar 2023 1 minute read 1 comment damorf

Welcome to all of you crypto walkers and runners!   Today i have run 34 min 34 SEC, doing 5486 steps, covering 5.04km. I used 5.0 energies. I received 67.15 GST and one box level 3. SOLANA PRICE TODAY 22.69$ GST PRICE TODAY 0.02184$ GMT PRICE TODAY...

Participation in the launch of Space ID token ID on Binance Launchpad

19 Mar 2023 1 minute read 0 comments geniuscryto

The Space ID token launch will take place on Binance Launchpad. This Web3 domain name protocol allows registration on the BNB Smart Chain and Arbitrum, offering similar functionality to Ethereum Name Service (ENS). If you want to participate in the l...