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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.

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28 Sep 2022 1 minute read 2 comments Cryptofab

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BTC Daily Technical Analysis 18-08-2022: Short Squeeze to $25500 before Long Squeeze to $22610

18 Aug 2022 1 minute read 2 comments FreedomBuilder

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1 Aug 2022 1 minute read 0 comments FreedomBuilder

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30 Jul 2022 1 minute read 0 comments FreedomBuilder

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How To Buy Stablecoins On Binance By Credit Card - Step-By-Step Guide!

26 Jun 2022 4 minute read 0 comments cryptoswirus

Are there sudden drops in the market? Would you like to seize the opportunity but don't have stablecoins available? Now, this is no longer a problem. The cryptocurrency exchange Binance offers, in addition to the traditional bank transfer, the possib...

Fed Hikes, Chipotle Accepting Crypto and Fund Raising

3 Jun 2022 1 minute read 0 comments InsideCrypto

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Luna 20% down, Binance Smart Chain Kalmy gives 20% like UST

27 May 2022 1 minute read 0 comments kingscrown

Luna down, yet BSC pays 20% on KALMY app.   Follow chan on YT - Tron you can get on many places. Binance top1 exchange in the world - top crypto futures exchange -

RebaseAPY Project

14 Apr 2022 2 minute read 0 comments JaksHitam

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📢 Uncharted 👉 Metaverse game Exploration of ocean and unknown continents.

28 Mar 2022 1 minute read 0 comments FreedomBuilder

  ✨ Uncharted will Launch Mystery Box sales on Gate,io: 🎁 Total Reward : 5000 NFT, $50k total worth split among 5.000 Random Participants 👉 Visit Uncharted Airdrop Form & complete Social tasks. 🌀 Submit...

Double Mind Daily Watch List 22/03/22

22 Mar 2022 1 minute read 0 comments Double Mind

Double Mind daily watch list 👀 Every day we publish a list of starting projects on Binance Smart Chain   📋 List 22/03/22 (time in UTC) |FL| 12:00 → Notion|IDO| 12:00 → Nomad Exiles|WL| 12:00 → PyramidCoin|IDO| 13:00 → Mstation|ILO| 13:28 → MoonBeanz|...