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

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 Smart Chain Now Accounts For 14% Of Ethereum Transactions

14 Sep 2020 1 minute read 0 comments CryptoBrowser

Meanwhile, Binance's Native Token Marks An Yearly High Of Over $32 Binance, dubbed as the leading crypto exchange to date, is set to dominate the cryptocurrency realm. The exchange also made its plans about dominating the newly-emerging DeFi sector...

CMC Management Resigns 4 Months After Binance Acquisition

1 Sep 2020 1 minute read 0 comments Abhi K

Five members of CoinMarketCap’s management team have been let go by Binance, according to a report by The Block published on August 31. Several executives are being replaced with Binance staff, including interim CEO Carylyne Chan Other members that...

The First Crypto Exchange in Madagascar

16 Sep 2020 1 minute read 0 comments fetinafety

Economic's services different approach  are archaic, people complain when will Malagasy local currency hit the moon? What are people expecting for? Who and where could we find solution for this crush( Bearish). The government seems like uncontrolled...

Kava token quiz and reward on CoinMarketCap

15 Sep 2020 1 minute read 13 comments Heruvim78

Coinmarket cap has a new quiz, offering free Kava as a reward. All you need to do is to get a paper and pen, watch the 3 videos taking notes, and do the quiz. Before starting the quiz, open your Binance or Kraken account, so you can have your Kava wa...

ada usd-usdt analysis x canal

17 Sep 2020 1 minute read 0 comments @bniv0123

    Hello friends. I wanted to analyze it by looking at ADA USDT from a different window and an interesting situation came up. analysis window x channels. While the first wing of X appears as a drop channel, we see the other wing as an upward channe...

Binance Jumps into DeFI with LaunchPool

7 Sep 2020 1 minute read 0 comments CryptoSpyder

Binance has been at the forefront of cryptocurrency exchange services since 2018, and today they just announced the release of Binance Launchpool. Looking to expand earning potential for their users, Binance is hoping that Lauchpool becomes an easy-t...

Microsoft : A malware that steals your crypto on Windows

9 Sep 2020 1 minute read 1 comment Gamma

Microsoft warns its users They warn against the theft of your crypto-money with the help of software that sends your information to an intermediary server that allows criminals to steal your funds. By specifying that the software was monitored and t...

Binance Yield Farming Experience

17 Sep 2020 1 minute read 0 comments Tikyi Khant

Hi Everyone, Lately,I have been testing out CEFI of Binance after testing DEFI of Tron. I have to say,things are starting to get interesting in this crypto sphere. To start with,many people thought Decentralised Exchanges are going to kill Centralis...

The Age of Disorder

16 Sep 2020 2 minute read 1 comment alquimista1501

The recent report issued by Deutsche Bank manages to compile a somewhat dark scenario, the changes that we will be experiencing are not easy, this report is a very complete piece where interesting points are touched that define our financial system a...

Binance wants the UK market: Bitcoin promoting campaign at London’s bus stop started today

31 Aug 2020 1 minute read 1 comment Denj

Binance.UK announced today on twitter a Bitcoin promoting campaign at London’s bus stop that which marks the beginning of an expansion plan in the British market. As you can see in picture, the exchange has placed new ads at 17 bus stops in London....