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.


Building Passive Crypto Income Streams Is A Must!

2 Jul 2020 2 minute read 16 comments Sapphire

Passive Crypto Is Absolutely Essential Post 2020 I think passive income is the absolute dream to work towards and I think most people would agree with me. However, most people have no idea how to get started along the road to financial freedom. This...

Stake Your Coins Without Parting With Them - Yes It's Possibe!

3 Jul 2020 2 minute read 5 comments Sapphire

The Risk Of Staking Whether we want to admit it or not, staking coins does incur a fair amount of risk as one has to trust a third party. Staking on an exchange like Binance is still a third party as they now have the controlling keys. Even staking i...

CoinMarketCap Introduces New Section for DeFi Tokens

29 Jun 2020 1 minute read 3 comments Abhi K

CoinMarketCap has added a new section that tracks decentralized finance (defi) tokens. At the time of publishing, the $COMP asset holds the highest market cap in the defi space with roughly $610 million in market cap, followed by MKR with roughly $45...

Top 5 Crypto Staking Exchanges

5 Jul 2020 2 minute read 3 comments Crypto Resources

1 ) Kraken Kraken has both on-chain staking and off-chain staking. The on-chain staking is provided to some Proof of Stake protocol cryptocurrencies and with staking on Kraken you first need to be a verified as starter level which is the (minimum) l...

Passive income with BAT, DAI, BTC and BNB: I found a way for all three!

4 Jul 2020 3 minute read 2 comments MadMaxx

Passive income is the most sought after thing by millennials today. It's simply when you make money without putting in any physical effort. It's more or less your money working instead of you. It sounds great and all, but how can you make passive inc...

Crypto Twitter #Hashtags

4 Jul 2020 1 minute read 6 comments Zenthereum

Twitter reportedly charges companies 1 million USD for an emoji added next to their hashtag. The price for a branded hashtag does not seem to be fixed but probably negotiable. Four cryptocurrencies own a branded hashtag so far. Bitcoin A year ago it...

BNB Vs BAT: Who can run the most?

5 Jul 2020 1 minute read 0 comments MadMaxx

These are two cryptocurrencies that have been generally looked down by the public. BAT has a lot of potential but some poor choices from Brave keep it under, such as choosing to add Binance ref links into their widget. And BNB has a lot of potential...

Best coins to invest in for the long run (5 - 10 years)

1 Jul 2020 3 minute read 19 comments MadMaxx

Hello, and welcome to another post. In this article, I'll be telling you my top 5 picks for the long term. These coins have gone through rigorous testing, and these were the criteria upon which I tested them: Usefulness: These coins had to try to be...

The Top Crypto Exchanges with the Best Margin Trading Features

16 hours ago 4 minute read 5 comments Crypto Adventure

Margin Trading is one of the newer ways to make money in the cryptosphere. The concept involves borrowing extra funds by leveraging your crypto trading positions. Simply put, it’s trading with a loan. Brokers and individuals provide the loan based on...

Binance card is here!(Binance announces partnership with Swipe)

3 Jul 2020 1 minute read 2 comments MadMaxx

In possibly one of the biggest surprises in history, Binance has decided to partner with Swipe to launch its own debit card! Yes, the Binance card that I wrote an article on about 3 months ago is finally coming to real life. And it's going to be fun....