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 adds new ordertype OCO (Order cancels order)

3 days ago 1 minute read Spigfish $0.37 tipped

Binance will perform a scheduled system upgrade starting at 2019/08/15 02:00 AM (UTC). The upgrade will take approximately 6-8 hours. What is a One-Cancels-the-Other Order - (OCO)   A one-cancels-the-other order (OCO) is a pair of orders stipulating...

Binance Users' Selfies Leak

1 week ago 1 minute read Ed-california $3.14 tipped

Binance has announced that it will begin investigating a Know Your Customer (KYC) leak after rumours started spreading that users’ selfies, used for account verification, had been leaked from the platform. CEO Changpeng Zhao tweeted shortly after say...

Binace Jersy Partners with payment giant caspian to provide fiat trading

3 days ago 1 minute read RadianArgha $0.18 tipped

World's largest bitcoin Exchange binace European British version binance Jersey has announce a partner with a payment giant caspian to speed up the payment system in fiat currency Few days ago Binance jersy ceo announce that they will speed up their...

Bitcoin 08/18/2019 by dobobs

3 hours ago 4 minute read dobobs $0.03 tipped

Live Cryptocurrency Market by: Coin360.com 한 줄로 읽는 암호화폐 뉴스(Daily Crypto News, 08/19) [coinpress.co.kr] [굿모닝 비트코인] 0818 비트코인 연말까지 13,000달러 넘을 것, 8,000달러 이하로 하락할 가능성도 낮아.. 백트 출시 전 상존하는 낙관론과 비...

Cryptocurrencies in times of financial instability

11 hours ago 1 minute read beachbummer $0.05 tipped

We are living in uncertain times caused by various events happening around the world. Protests by a third of a country's populace, hyperinflation, imposition of tariffs for global trade are just some of the recent events. Cryptocurrencies have been s...

Bitcoin 08/17/2019 by dobobs

1 day ago 4 minute read dobobs $0.08 tipped

Live Cryptocurrency Market by: Coin360.com 한 줄로 읽는 암호화폐 뉴스(Daily Crypto News, 08/18) [coinpress.co.kr] [굿모닝 비트코인] 0817 백트, 다음 달 비트코인 선물 출시 확정, 홍콩 시위대 뱅크런 선언.. 비트코인 상승 힘입을까? [blockmedia.co.kr] Pri...

Good Hacker - A Help to Binance Jersey

1 day ago 1 minute read Medal182 $0.08 tipped

A 'white hat' hacker, as hackers who follow the security side are known to invade, but within the law and ethics, compromises Binance Jersey's Internet domain name along with their Twitter account. .     Exchange Binance Jersey reported on August 16...

Binance's new exchange dedicated for US citizens

1 day ago 1 minute read andydorji $0.04 tipped

Binance has announced that it will open a crytocurrency exchange dedicated for US citizens within 2 months from now. Due to uncertainties over US regulatory situation, Binance.com had earlier stopped catering to it's US based users promising to start...

BW Exchange will be a Massive Fuel for Blockburn Project.

2 days ago 1 minute read alberdioni8406 $0.05 tipped

BlockBurn is already listed at BW Exchange and this surely will become a Fuel for the Crypto that has been performing quite good on the markets where has been trading. Deposits will start today 16.08 and trading begin on Monday 19.08 and withdrawals...

Binance is going List 30 Cryptocurrencies in Their Exchange

5 days ago 1 minute read cRyPto TigAr $0.11 tipped

A recently news by Binance exchange up the well-known crypto. Binance exchange disclosed that it's choose add other free crypto tokens, withen Bitcoin, and Eth , 😱 And an other stablecoins USDC along Binance’s token BNB. Currently, Binance U.S. has d...

Binance Really Hacked !!! Or a varil Fake News , for Binance users

5 days ago 1 minute read cRyPto TigAr $0.10 tipped

Changpeng Zhao, however, has been in tweeting photos from there - and creating an announce on therefore the country has no regulation on a ordinance - a bit. Low of in many areas. Binance has mention   that it'd not be possible to get journey of any...

Less Known Bitcoin and Crypto Exchanges to Trade

6 days ago 1 minute read kingscrown $0.18 tipped

People often ask me where to trade coins about Bittrex that needs KYC and documents verification or Binance exchange that everyone knows. I often tell them to just check no id verification exchanges list but let me chose a few exchanges i have traded...

Binance.US - What will come soon?

6 days ago 1 minute read Medal182 $0.09 tipped

One of the largest exchanges in the world, Binance, has already announced what may lie ahead for US customers! Yeah, Binance has commented on this new platform some details that will make it worthwhile! One of the first things announced is the expans...