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.


My First Small Deposit to Harvest Finance on #BSC  [How I Did it]

16 hours ago 3 minute read 0 comments yourmitchy

By now you should have heard that Harvest Finance is supporting Binance Smart Chain farms. They’re already very popular -- no surprises there as the APYs are crazy high now.  I myself heard a lot about Harvest Finance and BSC because there have been...

🤑 Why did I jump into SafeMoon? FOMO or thorough investment?

12 May 2021 3 minute read 6 comments Crypto_Lemon

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My Neighbor Alice Land Sale Staking is Live

11 May 2021 1 minute read 3 comments egamersio

It was only a month ago when My Neighbor Alice announced its first virtual land sale. Since then, there has been a buzz and thrill among both hardcore DeFi enthusiasts and blockchain gamers. My Neighbor Alice announced that it would only be liquidati...

Using xDITTO and $BAKE at Bakery Swap - Is the bread still fresh?

12 May 2021 1 minute read 7 comments PVMihalache

Is the bread still fresh at Bakery Swap? Thinking that the price surged from $1 to $6, its easy to say that the Bakery now produces exquisite treats and sweets not only baguettes and loafs of bread. I entered the Bakery in March 2021, when I minted...

April Income Review - May the $FORTH be with you!

10 May 2021 4 minute read 43 comments PVMihalache

I had to start my 2nd year with a BANG! and worked really hard on articles, research and giveaways! Wanted to be a month to remember and it was! In fact ... was a month to remember for all my #P0xBros! Was no April's Fool day this year as the Amplefo...

Story of a Tokenized Paradigm

12 May 2021 2 minute read 0 comments alquimista1501

The change in the financial paradigm is being felt by all of us in and out of the cryptographic world. For those who are inside, this is the expected change, and for those who profess the opposite, it is also the time to leave a useless resistance to...

🔥Stake $ICA earn $CAKE🔥

12 May 2021 1 minute read 0 comments icarus.finance

Hello icarians 👋   Can you keep up? New flash pool: 🔥Stake $ICA earn $CAKE🔥 ⌛️ ~ 13th May 16:30 SGT ⌛️ ~ 5 days duration   https://twitter.com/zetta_icarus/status/1392494789703225345  ☝🏼 Like, Retweet & Tag 3 friends for a chance to win 100$ worth of...

Farming I went, Hate it I did.

12 May 2021 3 minute read 4 comments Nevsie

Today, late to the party as always, I ventured into my first experience of "farming", and while it was not muddy, it certainly was a horrible experience. It is clear that no one would classify me as a professional or expert in the world of crypto - b...

Rolling Stocks: How Binance Coin CeDeFied The World

22 hours ago 3 minute read 1 comment CoinJoy

Significant price surges are amusing. Everyone wants to hop on and have a ride to the moon: some people are driven by FOMO, some HODL for the blind faith, the others believe in DYOR. In the “Rolling Stocks” series, we overview the hottest outbreaks a...

How Do Hardware Wallets in MetaMask Actually Work? - Part 1: Wallets, Seeds, Accounts & Addresses

12 May 2021 3 minute read 0 comments EpsilonCrypto

There are two types of wallet when it comes to storing crypto: Hot Wallets and Cold Wallets. Hot Wallets are wallets where your private key (i.e. seed phrase) is generated on an internet-connected device, such as your laptop or mobile phone. This all...