Binance Coin (BNB)

487 Articles 506 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.

Is BitTorrent Token (BTT) A Good Investment? In-depth Analysis and Near to Longer-Term Expectations

1 week ago 6 minute read CryptoBoomer $12.77 tipped

The ICO boom of 2017 and 2018 - which saw many billions invested in new projects - has been a bit of  a double-edged sword for the cryptocurrency market. On the one hand, it resulted in many projects with no viable use case and commercial strategy en...

Binance Coin: Doing the Binance Dance

1 week ago 3 minute read M87 $4.00 tipped

If you haven't heard of Binance, then you probably haven't been around in crypto. Binance is one of the leading centralized exchanges for crypto-currency and only launched back in 2017. A Short Beginning Binance was founded in 2017 by Changpeng Zhao...

Okex Review [2020] Things to Know Before Signing Up by (

1 week ago 3 minute read $3.53 tipped

Okex Review 2020: Okex cryptocurrency exchange is considered as the most trusted digital assets exchange and the global leader of the blockchain technology. Any of the exchange cannot be regarded as a trusted exchange until it proves itself. The exch...

Is Binance Coin (BNB) a Good Investment? In-depth Analysis and Near to Longer-Term Expectations

19 Dec 2019 8 minute read CryptoBoomer $12.02 tipped

The cryptocurrency market as it stands today is littered with different cryptos. There are now nearly 5000 coins listed on CoinMarketCap! Such a high number of coins is really ridiculous and that’s why many experts predict that 99% of cryptos will fa...

Binance Creates Stable Coin Backed By Tether - :Satire:

2 weeks ago 2 minute read BitcoinGordon $2.18 tipped

Gordon Freeman here to bring you the most up-to-date things that aren't true, but should be. Binance announced (some random) Friday, once, that they will be launching a new stable coin expected to lead highest volume for the coming year. Having alrea...

What is Binance Coin? [A Comprehensive Guide to Understanding BNB]

12 Sep 2019 6 minute read Mr.CryptoWiki $9.79 tipped

There are over 2500 cryptocurrencies for investors to choose from in this exhilarating world of crypto. However, over 95% of these coins are predicted by many experts in the industry to eventually fail. This is largely due to their intended use cases...

IDAX Review 2020 | Is IDAX Safe or Not? (

1 week ago 4 minute read $1.84 tipped

IDAX crypto exchange is an international trading platform that has made its worth among the top 15 crypto exchanges within the duration of only a few months after its development. So, our today’s review is about IDAX crypto exchange. There are some o...

Premium Technical Analysis Cryptocurrency Market Giants War Two

1 week ago 3 minute read Rubika Ventures $1.61 tipped

We are sending free trade signals to Bitmex, Bybit, Derebit, and Binance on Join us Now! Crypto Netflix Serie Star Hi Rubikators! As you know, we are doing a Crypto Netflix Series for the top 10 of the main cryptocurrenc...

Cosmos(ATOM) staking with Atomic Wallet

3 weeks ago 1 minute read DimitarM $0.91 tipped

So guys, I've been very interested lately in the idea of staking different crypto assets. I already shared articles for Tezos and NRG, which are both offering great opportunities. Now I have another one for you.  Cosmos (ATOM) is currently the 16th b...

Ethereum Miner's Reward increased by 20% after Muir Glacier’s hard fork

2 weeks ago 1 minute read $0.69 tipped

The recent statistics revealed that the block time of Ethereum is lessened by 25% after the launch of Muir Glacier’s hard fork that happened two days ago. The Eth block time is reported to be happening from 17 seconds to 12.69 seconds. The blockchain...