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 Launchpad Coin98 - Commit BNB to earn it!

21 Jul 2021 3 minute read 29 comments PVMihalache

The Binance Launchpad: Coin 98 is now in the preparation period. The average amount of Binance Coin (BNB) is calculated and will finish on the 23rd of July. There are two days left to take advantage of this crypto opportunity and generate some profit...

June Crypto Earnings - Birthday gifts and humble farming!

3 Jul 2021 4 minute read 37 comments PVMihalache

I found this table from June 2020 and made me think about the accelerate pace of the Cryptoverse. One year ago I was the newbie, trying to make a name on P0x. I didn't started DeFi staking, I didn't had any connection with any projects and I was supe...

Easy Ways to Diversify Your Crypto Portfolio 😎

18 Jul 2021 3 minute read 10 comments Cryptonator`s

Diversifying your cryptocurrency portfolio is not only very important but is actually also relatively easy. Here are my favorite ways to diversify my cryptocurrency portfolio with zero or minimal initial investment.   Why Diversification is Importan...

Top 10 DEXs on Binance Smart Chain by Total Value Locked 🐰

25 Jul 2021 4 minute read 5 comments Cryptonator`s

There is already so much action going on on the Binance Smart Chain that it is hard to keep track. There is more than just Pancakeswap. That`s why I have decided to cover the TOP 10 DEXs by total value locked that are running on the Binance Smart Cha...

How-To Maximize Earnings and Dual Farm with CafeSwap

11 Jul 2021 5 minute read 7 comments Mynima

Introduction DeFi is a bit like coffee in some ways, there is so much choice and everyone has their own personal preferred tastes. There are those who just want a brew with no frills, the stablecoin filter coffee chuggers. Then there are other strate...

Biswap Is Like PancakeSwap But With Lower Fees And Higher APYs!

24 Jul 2021 2 minute read 16 comments Cryptonator`s

I am pretty sure that if you like PancakeSwap, well, you will love Biswap. It is also running on the Binance Smart Chain but with the lowest exchange fees and the highest APYs. If you haven`t done it yet, then you should definitely check it out. 🤓  ...

Harvest Finances: The Different Types of FARM and What There Function is!

29 Jul 2021 2 minute read 1 comment Cje95

With the newest edition of the Polygon Network (MATIC) Harvest Finance is now deployed on three booming blockchains! I have no shame in admitting that it can get quite confusing at least for me to keep track of what FARM equals what. The easiest way...

PancakeSwap - The Gold Standard Of The BSC World

5 Jul 2021 3 minute read 2 comments Sapphire

Crowned King Ever since PancakeSwap entered the market, it has been welcomed by BSC token holders as an absolute necessity in the world of DeFi! The Pancake DEX/AMM has acted as a form of prototype that has seen many other projects try to copy and em...

Auto-compounding $CUB Kingdom added to Cub Finance

8 Jul 2021 2 minute read 11 comments PVMihalache

Cub Finance went live on the 9th of March as the fresh DeFi yield farming platform of the future, with smart contracts and base layer application adapted on Binance Smart Chain.  The Cub Kingdoms were announced in April, as auto-compounding vaults wi...

Wrapped Banano after one month - Did wBAN meet the expectations?

5 Jul 2021 2 minute read 5 comments PVMihalache

What is Wrapped Banano? Wrapped Banano (wBAN) is a token pegged to $BAN, created on the Binance Smart Chain. The peg links $wBAN and $BAN, and the pair will always have the same value. ApeSwap was chosen as partner for the project and three pool were...