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.


Global Exchange Binance is set to launch a New Crypto exchange “Binance KR” in South Korea

2 hours ago 1 minute read 0 comments NewsBitcoin247.com

Global Exchange Binance is set to launch a New Crypto exchange “Binance KR” in South Korea The biggest cryptocurrency exchange in the world in terms of trading volume Binance is now moving into South Korea with a plan to launch a new cryptocurrency e...

TOP 5 Crypto News (31 March '20)

3 hours ago 5 minute read 0 comments Brawnd0

Hey guys. We are plodding along, battling lockdowns and anticipating the halving, and expectant of a bull run soon.  As all of these major geopolitical events and macroeconomic factors occur, the crypto industry keeps itself busy. I’ve covered some o...

Binance To Acquire CoinmarketCap In Crazy 400 Million Deal!

3 hours ago 1 minute read 3 comments trumpman

Wow, just fucking wow! According to various news sources, Binance is in the final stages of acquiring CoinMarketCap in a crazy deal of approximately 400 fucking million usd! If I was to take an educated guess before this, I would put a price of a co...

Daily Price Update 31st March for Coins to watch - W/C: 30th March 2020

5 hours ago 1 minute read 0 comments MarcusAbuboo

This is a quick summary on the last 24h price action for the coins to watch this week - W/C: 30th March 2020. 31st March 2020 -  as of 10am BST (Day 1)   It was a good first day with 2 out of the 3 coins in the green. In the mist of COVID-19 market...

Binance will be the new owner of CoinMarketCap: Deal can be closed for $400 Million!

6 hours ago 1 minute read 2 comments alberdioni8406

Binance continuing their way of acquisitions and could close the largest deal this year if the deal that will cost $400 Million for the cryptocurrency Vault be this week closed between the two parts. The deal is one of the biggest ones for 2020 right...

BREAKING NEWS!! Binance set to acquire CoinMarketCap for a whopping $400 Million!!

6 hours ago 1 minute read 0 comments Tejas1911

Binance is one of the leading Bitcoin and cryptocurrency exchanges out there. They keep expanding every day and keep adding more fiat gateways so that people from all over the world can have easy access to crypto. The latest news is that CZ is on the...

The future of money is crypto and the future of industry is blockchain.

8 hours ago 1 minute read 0 comments alberdioni8406

The world is in constant evolution and since the time of patriarch there was a way of money, mostly knowing form was the silver and Gold. In the time of commercial exchanges between the Arabic people and African nations many form of money took effect...

Crypto Coins to monitor this week - W/C 30th Match 2020

16 hours ago 2 minute read 0 comments MarcusAbuboo

Every week I lookout for some coins which might be in for some positive price action and thought I would share this with the kind people on Publish0x who might find this interesting.  This is really focussing on short and medium term investments.  W/...

How I became a millionaire, and lost it all.(A true story.)

23 hours ago 3 minute read 2 comments MadMaxx

This is gonna be good. First off, thank you very much for clicking the link to this post. Since you love clicking links so much, how about using today's sponsor's link: Changelly! They make instant exchanges from one cryptocurrency to another a bre...

DeFi: TRON Foundation launched own stablecoin system similar to MakerDAO ecosystem.

1 day ago 1 minute read 0 comments alberdioni8406

The TRON foundation, an entity founded by the controversial Man Justin Sun launched their own stablecoin system similar to MakerDAO and unveiled on saturday in Sun Twitter. The new stablecoin dubbed "Djed" will be backed by TRON and BitTorrent tokens...