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 $3.10 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...

Less Known Bitcoin and Crypto Exchanges to Trade

6 days ago 1 minute read kingscrown $0.17 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...

Are the Altcoins in trouble??

18 Jun 2019 1 minute read MDz $0.66 tipped

Are the next few days going to be dificult for altcoins?   Bitcoin currently stands at $9180. It has slightly dropped from the $9440, its highest price in 24h(reference Binance).   So what could possibly go wrong? Why do I believe alts may bleed? We...

Binance is going List 30 Cryptocurrencies in Their Exchange

5 days ago 1 minute read cRyPto TigAr $0.10 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...

Binance CEO Says He's Not into Lambos. BNB Soars Despite Selfie FUD

1 week ago 1 minute read Ed-california $2.39 tipped

Binance has had an interesting few days, what with the reports about a hacker leaking selfies that users sent to the exchange for verification. Tens of thousands of selfies were reportedly leaked, all from February 2018, when Binance had hired a thir...

Binance Coin (BNB) takes off and is heading for $ 40.

1 week ago 2 minute read daniejjimenez $1.76 tipped

The market has once again entered into recession and the capitulation of profits has passed on this occasion to pump the native token of the world's largest exchange, Binance, with its native currency Binance Coin. At the time of writing the MarketCa...

Binance.US - What will come soon?

1 week 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...