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.


Binance, Eosfinex, EOS Nation and EOS Cannon are Approving Updates of EOSDT Contracts

22 May 2020 1 minute read 4 comments EquilibriumEOSDT

Equilibrium strives for full decentralization. The governance framework that drives the updates to Equilibrium is now also decentralized, depending on multiple entities working together. Binance is the newest, biggest name on this list, joining an EO...

Bitcoin era pumping and emptying systems may be the most common in Binance

21 May 2020 1 minute read 1 comment PassionCryptodotcom

The integrity of the cryptocurrency ecosystem has improved over the years, but the poor report that accompanies cases of so-called pumping and emptying systems continues to cloud the industry. Market manipulation has been a major problem for crypto m...

Mysterious Weakening of the Earth's Magnetic Field causing Satellites And Spacecraft to Malfunction !

23 May 2020 4 minute read 0 comments CryptoUser

The magnetic field and electric currents in and around Earth generate complex forces that have immeasurable impact on every day life and protects life on our planet by blocking the majority of harmful solar radiation. The field can be thought of as...

Nano: It's instant, fast with no fee.Check for ways to earn easily and trade-in Brave Browser.

21 May 2020 1 minute read 5 comments Dakaid

Nano a new cryptocurrency that focuses on the idea of no transaction fee is regaining popularity. Nano is also fast, instant, and can be easily traded through the Binance Widget in Brave Browser. Nano was first introduced in 2015 in the name of RaiBl...

Binance Vs Binance DEX: Should you go decentralised?

15 hours ago 2 minute read 4 comments MadMaxx

In one of my previous posts, I mentioned that there existed a decentralised alternative to Binance, which was the Binance DEX. I however decided to take a peek and tell you what I found. Let's go! I decided to create an account on Binance DEX just to...

Cryptocurrency Updates - 24/05/2020

17 hours ago 1 minute read 0 comments Gamer boy1110

      Binance Mobile Apps Updates for iOS & Android Binance released iOS App Version 2.12.0 Android app version 1.22.3 Details:   Monero (XMR) Released GUI Version 0.16.0.0   Update Nitrogen Nebula, GUI   Update here:         Tezos Development AMA...

Cryptocurrency Updates - 23/05/2020

23 May 2020 1 minute read 0 comments Gamer boy1110

Binance adds Following trading pairs with Binance USD   HBAR/BUSD MATIC/BUSD WRX/BUSD ZIL/BUSD Mentioned trading pairs will open from 22/05/2020    Details:   Binance launched Isolated Margin and simultaneously listed 11 isolated margin trading pairs...

Mining into Bitcoin Addresses ! - How a Bitcoin Address is Created ?

22 May 2020 3 minute read 0 comments CryptoUser

The correct way to create a Bitcoin address is to use well tested, open source, peer reviewed wallet software. Manually handling keys has resulted in funds loss over and over again. Unlike other centralized systems losses in Bitcoin are usually unrec...

Birdchain App Earn From ads , SMS & Engagement. 100% Legit !!! Payment Proof Inside Post

22 May 2020 1 minute read 0 comments Airdrop Radar

Introduction to Birdchain BIRDCHAIN is a decentralized instant messaging app for Android. Users get paid for selling their unused SMS(which you really don't use anyways), watching promotional videos and getting money for the use of their personal dat...

BitMax introduces ONE staking - a whopping 68%!

21 May 2020 1 minute read 0 comments manilpwn

Today BitMax finally began allowing staking Harmony ONE, alongside their already existing staking products - KAVA, XTZ, and ATOM, all available to be staked at reasonable rates of returns comparable to other exchanges.   However, today BitMax introdu...