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.


How Much Bitcoin Should You Own!?

28 Sep 2020 5 minute read 26 comments johnwege

There are many people that invest in bitcoin and other cryptocurrencies for the technology and potential it has to change the world.  But then there are people who are investing in the bitcoin and crypto space just for the financial gains that it can...

Binance Launchpool: Flamingo (FLM) for BNB holders

26 Sep 2020 1 minute read 24 comments PVMihalache

After the success of Bella Protocol and Wing Finances, Binance announced the 3rd project to be launched on the Binance Launchpool platform. Now Binance Coin and Binance USD holders can farm an interoperable, full-stack decentralized finance protocol...

Binance Launchpool: Bella Protocol (BEL) for BNB holders

11 Sep 2020 2 minute read 29 comments PVMihalache

The Bella Protocol (BEL) is a hybrid project that is both DeFi and CeFi in the same time. Bella provides custodian services as a DeFI gateway, yield farming strategies with smart contracts and has the ability to be integrated with CEX's for yield far...

Put Binance Coin (BNB) to work: 6 immediate benefits!

16 Sep 2020 3 minute read 28 comments PVMihalache

Binance Coin (BNB) is the ERC-20 token that offers cheaper fees and discount perks on the Binance Exchange. Binance Coin started in 2017 from the $0.0398 value, and kept growing since than up to $39.68 in June 2019. BNB currently holds the 8 place in...

How the Uniswap (UNI) token distribution made the crypto market unstable

23 Sep 2020 2 minute read 43 comments PVMihalache

Never take your foot of the gas, cause you are as good as your last plate - Chef Gordon Ramsey I covered the Uniswap distribution yesterday in a quick post but as Chef Ramsey was saying, you are as good as your last post, and that post was mediocre...

Bella Protocol (BEL) brings the one-click Crypto Banking

13 Sep 2020 2 minute read 13 comments PVMihalache

What is Bella Protocol? Current DeFi projects lack transparecy, and are blocking users to join the trend due to high gas fees, low speed and complicated methods to deposit or stake.  The Bella Protocol (BEL) comes as a solution for the above issues,...

The Best Crypto-Exchange

10 Sep 2020 5 minute read 33 comments McAlex7

I asked myself this question many times and I think that many of you also did, what is the "perfect" Cryptocurrency exchange ? Quick disclaimer I don't think there is one Crypto-Exchange who is perfect, it's just an article which reviews few of them...

BNB, DOT, & LINK Price Analysis - Where Are We Going?

13 Sep 2020 7 minute read 3 comments CryptoChartWizard91

Hello traders! I’ve been relatively inactive with my analysis recently, so I decide to update some of the major altcoins out there - BNB, DOT, and LINK. Binance Coin Overview Binance Coin has been on an absolute rampage as of late and has managed to...

Binance Opens 'Innovation Zone' for New DeFi Tokens

24 Sep 2020 1 minute read 11 comments Abhi K

Binance has launched a new “Innovation Zone” for select users to trade upcoming DeFi tokens, according to a blog post published on September 21. The Innovation Zone was motivated by the desire to bring a balance of accessibility to DeFi coins while...

1400BTC Stolen from User, Trace Ends in Russia

1 Sep 2020 1 minute read 15 comments Abhi K

A Russian hacker is believed to have stolen 1,400 Bitcoin (BTC) from a Electrum user’s wallet, according to the victim’s post made on Github on August 30. User says that he had 1400 BTC in an Electrum wallet he had not accessed since 2017 The user h...