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.


Cryptos Bulls Vs Bears Today 13/01/2020

1 week ago 1 minute read Danoskie $0.14 tipped

  Hello peeps,How are you doing today?It's another day for the Bears and the Bulls game.Today, the market is currently down with about -0.51% which just brought down soo many cryptos to the ground.This to an extent did not really affected all the cry...

Fnality, a blockchain-based company partnered with Enterprise Ethereum Alliance

1 week ago 1 minute read BitcoinNews.Today $0.11 tipped

Fnality International has recently partnered with the Enterprise Ethereum Alliance (EEF). As a member of Enterprise Ethereum Alliance, it will also work with other members to expand the blockchain technology. EEF is particularly established to advert...

TA Master Long Term Premium Perspective For Binance Chain To Become A Champion

31 Oct 2019 6 minute read Rubika Ventures $53.51 tipped

Hi Rubikators! With the following educational article, we want to really teach you how to become a true champion in the cryptocurrency market. For this case, we want to show you that it is not necessary to stay on the computer 24 hours a day watching...

Binance may soon block Japanese users.

1 week ago 1 minute read alberdioni8406 $0.08 tipped

In a new development from the exchange, it's quite clear that soon, the main platform to trade crypto in the world will " restrict some trading functions" from Japanese users. It's not known, what  the Future reserve to the Japanese citizens that are...

Chainalysis: USD 1.4 billion in Bitcoin were moved by criminal entities to Binance and Huobi in 2019

1 week ago 1 minute read daniejjimenez $0.01 tipped

More info HERE:   https://es.cointelegraph.com/news/chainalysis-usd-14-billion-in-bitcoin-were-moved-by-criminal-entities-to-binance-and-huobi-in-2019  

Binance Exchange announces to restrict access to Residents of Japan

1 week ago 1 minute read Tokenhell.com $0.21 tipped

The world’s leading crypto exchange Binance has decided to restrict access to the residents of Japan. Binance revealed this news in an announcement made on 15th Jan 2020 on Binance’s Japanese support website. In the announcement, the Binance exchange...

Cryptos Bulls Vs Bears Today 16/01/2020

1 week ago 1 minute read Danoskie $0.12 tipped

  Hello peeps,How are you doing today?It's another day on Cryptos Bulls Vs Bears The market has gone down with about -0.5%, causing great changes in some cryptos in the market.Although the bears have taken over, some cryptos are still gaining.Does it...

Binance AMA With CZ: Bitcoin Price & BTC Giveaway SCAM

1 week ago 1 minute read The Joker $0.32 tipped

Another scam on youtube: https://www.youtube.com/watch?v=LAWU4ZPepfc From the description of the video "Binance СЕО: In this AMA, We are discussing BTC price and talking about Bitcoin price prediction. Also, we prepared an airdrop of 10000 BTC to giv...

Binance will operate a separate exchange in Japan.

1 week ago 1 minute read alberdioni8406 $0.06 tipped

Recently, Binance revealed that will start restrictions for the users in Japan to acess their trading Platform. This Friday the Largest Exchange in the world, aunnounced that will tie hands with a Yahoo subsidiary, Z corporation and a local Cryptocur...

New Binance opportunity by one-day-lending

29 Oct 2019 1 minute read NinoPi $0.07 tipped

In addition to the loan program mentioned in the last article dedicated, in which the duration is 14 days, now on binance it is possible to sign contracts of daily duration with variable interests. the capital is blocked and cannot be used on the day...