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.

#BinanceFARMer Writing Contest and Giveaway: $1,000 in $iFARM Prizes!

12 Apr 2021 6 minute read 74 comments Igor Tomić

It's time for another Harvest.Finance contest; this contest is similar to #CropSpotter contest, but #BinanceFARMer contest puts focus on farming the Harvest.Finance strategies on Binance Smart Chain, instead of those on the Ethereum network. This con...

Binance Launchpad: The Tokocrypto (TKO) Token Distribution

3 Apr 2021 3 minute read 28 comments PVMihalache

Tokocrypto (TKO) token sale Binance Launchpad will host the Tokocrypto (TKO) token sale on the 4th of April 2021. Tokocrypto is the number one cryptocurrency asset digital exchange in Indonesia and the first company to be registered under the Trade a...

ETH Vs BNB: Who Are You Betting On?

11 Apr 2021 4 minute read 24 comments SamBTC

With the broader crypto bull market gaining momentum everyone is wondering about which are the best picks to select to get the maximum gains. This article is not aimed at recommending any altcoin picks but to share my views about how I see the fierce...

This Week's Trending Cryptos - And What They Do

9 Apr 2021 4 minute read 5 comments The Part Time Economist

As someone who spends most of their day learning about crypto, I was surprised to see CoinGecko's recent list of 30 trending cryptos and realize that there could be so many trending coins that I simply wasn't aware of. So, I did a bit of research to...

HUGE DeFi News - BSC Yield Farming Goes Live On Harvest Finance

7 Apr 2021 4 minute read 18 comments The Part Time Economist

Harvest Finance is a decentralized, cryptocurrency "robo adviser" that automatically moves your cryptocurrency to different DeFi protocols so that you can be sure to get the highest interest rate as well as saving on gas from manually moving your fun...

Trilium discovered on Binance Launchpool! Alien invasion to follow!

8 Apr 2021 2 minute read 53 comments PVMihalache

Woke up and send my nice Human Female to mine some Trilium on Planet Neri then checked Twitter for some impossible to win giveaways. You may laugh about my primitive tools, but if this is the case ... feel free to send me some better ones. While spa...

A Mind-Blowing Month for Brave and BAT

29 Mar 2021 3 minute read 30 comments The Part Time Economist

This month has been absolutely mind blowing for anyone that follows the Brave Browser or the Basic Attention Token as there have been two key announcements that have sent the price of BAT skyrocketing. In this post, I'll discuss how the Grayscale BAT...

The Top DeFi Yield Farming Protocols On Binance Smart Chain

6 Apr 2021 4 minute read 5 comments Jane1289

Decentralized Finance added a new layer of enthusiasm for crypto and allow its users to put their money to work. Different DeFi platforms offer us new ways of generating returns aside from crypto trading and holding. Most of the Yield Farming platfor...

A Recipe for Success: BSC + Harvest.Finance

18 Apr 2021 4 minute read 23 comments Mynima

Introduction As an avid yield-farming enthusiast I cannot tell you how happy I was to see the news a little while back that Harvest.Finance were making the move to the Binance Smart Chain (BSC). I'd been pretty disheartened earlier this year that my...

What Is Binance Coin (BNB)? Basic Overview

12 Apr 2021 4 minute read 7 comments

If you regularly visit the CoinMarketCap website, you’ve likely become aware of a new coin which had been in third place for a number of weeks now called Binance Coin. But just what is Binance Coin? And should you make an investment? What Is Binance...