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 Welcome Bonus

31 Jan 2021 1 minute read 0 comments Freecoins24

 About:  Binance Welcome Bonus is live!  Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in   the EU. Binance is popular for its crypto to crypto...

Collet Football Fan Logos on Binance to split a 60'000$ PRIZE POOL!

15 Jan 2021 1 minute read 4 comments Ariman

WoW ! Binance never stops to surprise us. Some time ago Binance listed 5 Fan Tokens, issued by the company on the Chilliz(CHZ) blockchain. One can buy, sell, deposit and withdraw the fan tokens for the following teams : A.S. Roma (ASR) Pa...

SafePal (SFP )wallet token airdrop (plus tips and tricks!)

13 Jan 2021 5 minute read 0 comments bengy

    Software hot wallets have progressed in leaps and bounds over the last year or so. Previously, they were just an internet connected dumb wallet to store crypto in an easily accessible manner. They had the held the strange middle ground between...

Safepal wallet airdrop!

1 Jan 2021 1 minute read 0 comments Stat1c

🛰 NEW AIRDROP: SafePal Wallet 💰 Reward: 445 SFP + 25 SFP for each referreal⚡️ Mail - Telegram - Google play or App Store ☢️ SFP can be listed on Binance. 🔹 Download the Android or IOS app. 🔸 Download the SafePal Wallet Android or IOS app.🔸 Click...

In a week, you will lose your TWT tokens on Binance !

28 Dec 2020 1 minute read 0 comments OshO

Haha sorry for the catchy title but that's the way I felt it when I read this news on the Binance blog ! 😎 Let me explain what I am talking about. I can't say I'm the biggest fan of Binance but I use it for the Launchpool and as an easy way to stake...

TWT Airdrop by Binance

27 Dec 2020 1 minute read 1 comment Freecoins24

 About:  TWT Airdrop by Binance is live!  Trust Wallet is an extremely fast and secure multi crypto wallet with Binance DEX support, designed for ease of use and perfect for storing all your  different Crypto Assets. Whether you are looking fo...

I missed this Airdrop, maybe you didn't

22 Dec 2020 1 minute read 2 comments The Very Confused Martin Babalor

Apparently Binance and Trust Wallet were involved in a huge Airdrop in the last hours, giving away free TWT token to all eligible Binance users. To be eligible users must have made a spot, margin or futures trade between 2020/12/14 0:00 UTC to 2020/1...

BTC Airdrop Conflict

2 Dec 2020 3 minute read 4 comments Feax21

Pass on what you have learned. Strength, mastery. but weakness, folly, failure also. Yes, failure most of all. The greatest teacher failure is For the past 2 months, every time I check the cryptomarket prices on my blog https://cryptomonkey.weebly...

Two airdrops in December that you shouldn't miss

27 Nov 2020 1 minute read 0 comments Jakonfire

Introducing Flare (for XRP holder) and Symbol (for NEM holder) Spark Flare’s native token is a Collateral for the trustless issuance of assets from non-Turing complete chains starting with XRPThe spark ownership secures, improves and guides the netwo...

CoinMarketCap, another way to earn crypto while learning

23 Nov 2020 1 minute read 2 comments Crypto Diver

You might already know the Earn program from Coinbase but do you know the one from CoinMarketCap? If you don’t know either of them you can go have a look at my Coinbase Earn article on here: Earn more than 100$ while learning about cryptos...