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.


Liechtenstein's regulator thwarted a deal between CEO Binance and Union Bank

11 Aug 2020 1 minute read 0 comments Danyakot

The Liechtenstein financial markets authority (FMA) rejected Union Bank's bid to sell a large share of the business to the head of Binance, Changpeng Zhao. This is reported by The Block with reference to a local publication. Union Bank initially plan...

BTC, ETH & BNB - Where Are The Next Bullish Stops?

31 Jul 2020 6 minute read 5 comments CryptoChartWizard91

The price for Bitcoin has exploded in July 2020 as the cryptocurrency managed to surge by around 22.60% to reach the current trading price of around $11,200. This has been an extraordinary month for Bitcoin as we finally saw the cryptocurrency breaki...

The SEC Wants to Track Binance Chain Transactions

31 Jul 2020 1 minute read 9 comments Abhi K

The United States Securities and Exchange Commission (US SEC) is planning to offer blockchain analysis firm CipherTrace a contract, in an effort to trace transactions on the Binance Chain. A memo published on July 29 reveals that the SEC believes tha...

Trading Opportunities for Short Term Profit #1 (14 April 2020)

14 Apr 2020 7 minute read 43 comments CryptoChartWizard91

Hello traders, Today I would like to try something a little different by providing some potential trading ideas that I have my eyes on. Remember these are just trading ideas and are not to be used as blind signals. You should always be conducting you...

LINK Technical Analysis - Fibonacci Circles ❍

6 Aug 2020 1 minute read 0 comments EisbarTraume

Thursday Magic ✨  Eye of the Pyramid LINK target $10 ➢ $12 SMA ( 21, 50, 200) EMA 144 Fibonacci Circles Fibonacci Spirals    Here is a link explaining Fib Circles if you have never used it https://tothemoon.blog/trading/ttm-traders-guide-fibonacci-...

Crypto projects I'm bullish on for the long term.

4 Aug 2020 2 minute read 1 comment MadMaxx

Hello and welcome to another post. In today's article, I'll be giving you my complete list of cryptocurrencies that I'm super bullish on. These coins have a tendency to do really big moves from their local supports, and I promise that you won't expec...

bnbusd trend analysis

11 Aug 2020 1 minute read 0 comments @bniv0123

Hello friends. In this article, I will talk about the bnbusdt analysis. Bnbusdt or bnbusd managed to get rid of the critical threshold and enter an upper rising period. It should not be unaware that it will create a resistance point for itself in th...

FIO Official Listing x Bithumb Exchange - 50,000 FIO Grand Prize Pool!!!

13 hours ago 1 minute read 0 comments FreedomBuilder

  📈 FIO Already Listed in CoinMarketCap at Binance, Bitmax, Hotbit & Hoo Markets. 🎁 Total Reward: Receive up to 70 FIO ≈ $25 📈 Create an account at Bithumb Exchange.👉 Invitation Code: 8x8mat 🔶 Airdrop Terms and conditions:📌 Create an account at Bithu...

Why You Should Not Join Any Paid Trading Groups

28 Jul 2020 3 minute read 10 comments Tikyi Khant

Hello everyone,today I want to give some insights on why we should not spend a single penny on Paid Groups.I know you want to speak and complain once you saw the title. 1.So first of all,I understand not everyone of us can analyse the coin's price/ch...

How to Read A Trading Order Book

29 Jul 2020 1 minute read 6 comments cryptoforcanadians

I've recently been writing about how to trade crypto. Due to the positive feedback that I've been receiving, I thought I'd write another trading related blog post. In my previous blog post, I wrote about how to use Binance's trading dashboard/interfa...