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.


FTX Derivatives Exchange launched Bitcoin Options.

1 week 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...

Cryptos Bulls Vs Bears Today 12/01/2020

1 week 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...

Binance Launches $100,000 WazirX Bounty Program - AIRDROP

2 days ago 1 minute read Otek $0.08 tipped

Binance Launchpad launch WazirX token sale, so to celebrate that - Binance is collaborating with WazirX to launch the first-ever Binance Launchpad bounty program!  Prizes pool is a 100 000 USD!!!   What You need to do take a part in that airdrop?  ...

Cryptos Bulls Vs Bears Today 11/01/2020

2 weeks ago 1 minute read Danoskie $0.06 tipped

  Hello peeps,How are you doing today?The bullish trend continues as some cryptos gains more values.Yes!Yesterday's post was the beginning of the bullish trend which today's post is the continuation.The market is perfectly up again with about 0.9%, c...

Binance will operate a separate exchange in Japan.

1 week ago 1 minute read alberdioni8406 $0.06 tipped

Recently, Binance revealed that will start restrictions for the users in Japan to acess their trading Platform. This Friday the Largest Exchange in the world, aunnounced that will tie hands with a Yahoo subsidiary, Z corporation and a local Cryptocur...

Binance Futures launches XRP perpetual contract.

2 weeks ago 1 minute read alberdioni8406 $0.06 tipped

Binance, one of the largest Cryptocurrency Exchange by volume transactions in the world, continue it's expansion in order to conquer each market in crypto and reach the well deserved adoption worldwide. Now Binance Futures, Platform from Binance dedi...

which exchanges received the most illicit BTC obtained from suspicious activities 2019.

1 week ago 1 minute read alberdioni8406 $0.05 tipped

It's pretty interesting to follow the traces and found where is the largest quantity illicit BTC actually was sent and maybe negotiated. Being a criminal and wanna launder huge some of Crypto oblivious, this will take you to find an Exchange with liq...

WANCHAIN CAN GIVE US ANOTHER 50% PROFIT!!!

4 weeks ago 1 minute read DZ4FREE $0.04 tipped

WanChain can goes up in few days and makes up 50% profit..... in the picture we see that whenever WanChain touches the green line goes up, the green line mean the price of 0.1709$. -in the first touch WAN made 40% profit in just 15 days.. -in the s...

The Perfect Christmas Gift from Binance... A CyberTruck From Tesla.

26 Dec 2019 1 minute read alberdioni8406 $0.10 tipped

Binance is offering a CyberTruck from Tesla and $50,000 in Tokens TROY! The Cryptocurrency Exchange announced the Christmas Gift competition "Giveaway" that is already running,started December 23 to End in December 30. This "giveaway" will celebrate...

New year, new theft: hacked NULS, stolen from the network half a million dollars

23 Dec 2019 2 minute read Roberto D. $0.22 tipped

2019 was characterized by cryptocurrency millionaire thefts, most of the time exchanges were punctured, but there are also cases where blockchains have been punctured thanks to vulnerabilities that had gone unnoticed; if you thought that the theft ch...