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.


Singapore Crypto Association successfully implements First Blockchain Voting

2 weeks ago 1 minute read BitcoinNews.Today $0.14 tipped

Singapore Crypto Association has successfully implemented the first blockchain voting in the Annual General Meeting (AGM). The news is reported by Finews Asia. According to its report, The Association of Cryptocurrency Enterprises and Startups in Sin...

Fnality, a blockchain-based company partnered with Enterprise Ethereum Alliance

2 weeks ago 1 minute read BitcoinNews.Today $0.12 tipped

Fnality International has recently partnered with the Enterprise Ethereum Alliance (EEF). As a member of Enterprise Ethereum Alliance, it will also work with other members to expand the blockchain technology. EEF is particularly established to advert...

13/1//2020 Price Update: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litcoin, OX(ZRX), STEEM, Steem Base Dollars (SBD), Basic Attention Token, Bitshare, DAI, XRP, EOS, Binance coin, Huobi token, Maker

2 weeks ago 1 minute read Danoskie $0.15 tipped

  Hello,How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 13/1/2020HAPPY NEW YEAR!Ooh no!The bullish period is over as the market goes bearish again with about 0.66% down, causing more harm than good to cryptos on my list...

Hello top Coin valorization in 2020

2 weeks ago 1 minute read lancelot7 $0.38 tipped

Hello my friends I studying the capitalization of currencies today I discovered the most valued currency in 2020 in these 12 days and believe me it was not Bitcoin I say the top 30 coinmarketcap coins. Real time https://coinmarketcap.com/currencies/b...

Cryptos Bulls Vs Bears Today 12/01/2020

2 weeks ago 1 minute read Danoskie $0.08 tipped

  Hello peeps,How are you doing today?The bullish trend continues as some cryptos gains more values while few fall.The market is currently up with about 1.22% and their are many gainers in the market.Yes!The year is getting better and older which we...

Premium Technical Analysis Cryptocurrency Market Giants War Two

2 weeks ago 3 minute read Rubika Ventures $1.72 tipped

We are sending free trade signals to Bitmex, Bybit, Derebit, and Binance on https://t.me/rubikaventures. Join us Now! Crypto Netflix Serie Star Hi Rubikators! As you know, we are doing a Crypto Netflix Series for the top 10 of the main cryptocurrenc...

Fire in Australia, Binance gives $ 1 million

2 weeks ago 1 minute read CryptoArch $0.25 tipped

Binance platform has decided to create an extensive donation program to help Australia, suffering violent fires since few time. The current balance sheet is more than 319,000 hectares of forest reduced to ash and more than one billion animals died in...

Cryptos Bulls Vs Bears Today 11/01/2020

2 weeks ago 1 minute read Danoskie $0.06 tipped

  Hello peeps,How are you doing today?The bullish trend continues as some cryptos gains more values.Yes!Yesterday's post was the beginning of the bullish trend which today's post is the continuation.The market is perfectly up again with about 0.9%, c...

Binance CEO acknowledges PR for both Binance Coin and Bitcoin

2 weeks ago 1 minute read Charlie Vanauken $0.18 tipped

The CEO of the famous exchange Binance, Changpeng Zhao, admitted that he personally did not only PR (shilling) for his exchange utility coin, Binance Coin, but also for Bitcoin.   Zhao asserts that what's good for Bitcoin is good for BNB, and that is...

IDAX Review 2020 | Is IDAX Safe or Not? (Tokenhell.com)

2 weeks ago 4 minute read Tokenhell.com $1.91 tipped

IDAX crypto exchange is an international trading platform that has made its worth among the top 15 crypto exchanges within the duration of only a few months after its development. So, our today’s review is about IDAX crypto exchange. There are some o...