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.


Is India Ready to ban Trading in Cryptomoney?

21 Sep 2020 1 minute read 5 comments Gamma

The end of trading in cryptomoney in India The Indian government hopes to completely prohibit crypto-money transactions.    After much discussion, India is about to ban the trading of cryptomoney while since the year 2020 many companies have opened...

4 Popular Cryptocurrency Exchanges among Iranians

21 Sep 2020 1 minute read 0 comments Melina Mehr

After Bitcoin made its way into the public mind as a monetary innovation, it was gradually able to offer all the functions of money while trying to eliminate the problems of physical money. In this regard, in a short time, the demand for cryptocurren...

OKEx's CEO: Binance is Acting Irresponsible!

20 Sep 2020 1 minute read 0 comments Yasin

Sushiswap (SUSHI) and BakerySwap (BAKE) projects were highly criticized for their involvement in the increasingly fiasco "food meme" rush and for their creators remain anonymous. OKEx CEO Jay Hao commenting on his Twitter account about Binance's BAKE...

WHAT IS BINANCE COIN (BNB)

20 Sep 2020 3 minute read 0 comments BlockMakerOffical

... written by Etienne Okeke. Binance coin (BNB) is a crypto token, an ERC20 standard, which is primarily Launched for the Binance project — one of the world’s largest cryptocurrency exchanges. The Binance exchange is a platform that has been consist...

BINANCE EXCHANGE TRADING FEES STRUCTURE.

20 Sep 2020 2 minute read 0 comments BlockMakerOffical

...written by Etienne Okeke. Cryptocurrency Exchanges are platforms which aggregate buyers and sellers of crypto assets like cryptocurrencies and tokens. It carries out this market activities in different ways ranging from Spot Markets to Derivatives...

What is Harvest?

20 Sep 2020 1 minute read 2 comments midnightfalcon72

Kava Labs have introduced a new Binance-backed product called Harvest. Harvest is the world's first cross-chain money market and will allow users to stake non-Ethereum assets such as bitcoin, XRP and BUSD amongst other assets. Users who borrow or len...

More than 10,000 ATM bitcoin dispensers around the world

20 Sep 2020 1 minute read 3 comments Gamma

An increasing number of ATMs around the world In 2017, the number of bitcoin distributors was approximately less than 2'000 in 2018 this figure doubled to reach 4'000 while currently in 2020 we have more than 10'000 ATM which is mostly located in the...

Price analysis: BTC, BAT, BNB, ETH

20 Sep 2020 2 minute read 0 comments MadMaxx

Before we get started, I have a host of offers for you that I'm sure you'd love. 1. YFI has been forked, again! But this time, you can get the fork completely free. Just input your ETH address into the text field in this link, and you're done! 2. Joi...

YFI USDT ANALYSIS

19 Sep 2020 1 minute read 0 comments @bniv0123

    Hello friends. I wanted to talk a little bit about YFIUSDT and I hope you see the benefits.According to the pitchfork analysis, the defi is trying to create a resistance point in order not to fall, although it seems like a good point for buying...

Wrong Using of Trading Analysis(TA)

19 Sep 2020 1 minute read 4 comments Tikyi Khant

Hello all, I want to talk about the case of wrong using of Trading Analysis today. I have come across so many people WHO THINK that traders can predict the market 100% or that learning Trading Analysis is 'To Predict Market Price'. I hate to break it...