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.


Travala.com Oct 2019 - Book Your Favourite Holiday W/ BNB, EOS, BTC, NEO & More! W/Matt Luczynski

10 hours ago 2 minute read Cryptokoala $1.33 tipped

Travala.com - Hello Crypto and Blockchain community. Today I talk with Matt Luczynski the CEO at Travala. GIVEAWAY! - Click the link if you would like to get involved 🏆 https://gleam.io/competitions/nJFPZ-travalacom-2-level-5-smart-programs-giveaway-...

We are the winners of the First Gaming Blockchain hackathon in India.

1 week ago 1 minute read Agnel Vishal $0.72 tipped

A gaming blockchain hackathon was conducted by Devfolio in Cowrks, Bangalore. It was sponsored by Binance.  We are happy that me, Sylvester, Rakesh and Apeksha got first place in the hackathon from CelerX and 2nd place from Cocos. We were provided wi...

My Photos from Okex Tech Week few days ago

1 week ago 1 minute read kingscrown $0.54 tipped

last week for small vacation and also on Okex Tech Week on Delta Summit conference. We had there plenty speakers on main scene and also plenty event and speaks on smaller ones. Whole event was for the first time made and sponsored by Okex exchange. I...

13/10/2019 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

4 days ago 1 minute read Danoskie $0.16 tipped

Hello, How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 13/10/2019For crypto's bears vs bulls, the ups and downs continues as BTC wings within the range of 8,100 to 8,700. Maybe it's time for stability in the cryptos mar...

This Is The Binance Of Latin America

1 week ago 4 minute read Cryptolohy $2.45 tipped

It was late at night, I was surfing the web for crypto-related content, and then, I don't really know how, I found it, in all its coolness.   I have found the Latin American version of Binance. Let me elaborate.   Binance is notorious for offering hu...

Binance coin backed ETP launched on swiss exchange

2 days ago 1 minute read CryptoArgha $0.13 tipped

Worlds largest cryptocurrency exchange binance launched a binance coin backed ETP (Exchange traded product) on a Swiss exchange    On a Press release by binance they announced this news and also added that the ETP will be listed on Swiss exchange Six...

New Binance Lending slot [16 October 2019]

2 days ago 1 minute read NinoPi $0.13 tipped

Tomorrow at 2 pm the new Binance window opens, where it is possible to join the loans. The duration is 14 days. Here are the proposals: BUSD 14 days (10% annual  interest) BNB 14 days (6% annual  interest) BTC 14 days (3% annual  interest) ETH 14 day...

Binance adds fiat gateway alipay and wepay

1 week ago 1 minute read CryptoArgha $0.13 tipped

World largest crypto currency exchange binance announced to add fiat payment method wechat and alipay on the platform    On octobor 7 binance CEO changpeng Zhao confirmed this news on his official Twitter account    From now on users can deposit fiat...

15/10/2019 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 days ago 1 minute read Danoskie $0.09 tipped

Hello, How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 15/10/2019For crypto's bears vs bulls, OX(ZRX) takes the lead with +9% increase in price and having BAT on its back with +6% while other coins struggle for survival...

11/10/2019 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

6 days ago 1 minute read Danoskie $0.07 tipped

Hello, How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 11/10/2019For crypto's bears vs bulls, some of the coins have gained a little. This difference is between my yesterday's post and this post, i.e 24 hour interval.NB...