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 Word of The Day | 13th July 2025 | Play and Earn | Crypto Trading

13 Jul 2025 2 minute read 0 comments Oivas

Word of the Day | Binance I don’t need to introduce Binance, so I’ll skip that part. However, it is worth talking about what Binance is doing. The largest crypto exchange in the world is ensuring that we don’t just have fun trading and doing business...

World Liberty Financials' USD1 on Chainlink’s CCIP

21 May 2025 1 minute read 3 comments Keith Thuerk

World Liberty Financials' USD1 on Chainlink’s CCIP   World Liberty Financials' USD1 stablecoin is now operable across multiple blockchains through Chainlink’s CCIP. Day 1 its operational over Ethereum and Binance BNB Chain.     World Liberty Recap  W...

Binance Word of The Day | 7th July 2025 | Play and Earn | Crypto Trading

7 Jul 2025 2 minute read 0 comments Oivas

Word of the Day | Binance I don’t need to introduce Binance, so I’ll skip that part. However, it is worth talking about what Binance is doing. The largest crypto exchange in the world is ensuring that we don’t just have fun trading and doing business...

Why DeFi Beats Binance (Even If You Only Have $100)

9 Jun 2025 4 minute read 2 comments CryptoCopyBiker

Discover why DeFi platforms can outperform Binance, even if you're starting with just $100. Learn real APYs, how to bridge funds, and avoid CEX pain. Still keeping your USDT on Binance, hoping it does something for you? Maybe you’re a freelancer who...

Binance Word of The Day | 6th July 2025 | Play and Earn | Crypto Trading

6 Jul 2025 2 minute read 0 comments Oivas

Word of the Day | Binance I don’t need to introduce Binance, so I’ll skip that part. However, it is worth talking about what Binance is doing. The largest crypto exchange in the world is ensuring that we don’t just have fun trading and doing business...

Saturday Sarcasm #49 - White Smoke And Summer Vibes Onchain

19 May 2025 4 minute read 5 comments PVM

Hey crypto bro! Let's enjoy another day with sarcasm and summer vibes, because reality is optional and satire is free! Enjoy the weekend and stay hydrated anon! Bitcoin hit $100K again, the Pope might be dropping NFTs, touching grass is now alpha, So...

The BNB Chain Fusion: Migration from BNB Beacon Chain

3 Jul 2024 1 minute read 1 comment ChangeNOW

Hey crypto enthusiasts! 🌟 Exciting news in the Binance universe: the BNB Chain Fusion is happening! This strategic shift is set to move the BNB Beacon Chain’s functions to the BNB Smart Chain (BSC), ultimately phasing out the BNB Beacon Chain. The g...

CEX Apocalypse: Coinbase Breached, Binance Cornered. DeFi Is Laughing in the Background

16 May 2025 5 minute read 2 comments CryptoCopyBiker

For years, the message has been loud and clear: centralized exchanges (Kraken, Binance, Coinbase) were the safe bet. They were regulated. They had support desks. If you wanted peace of mind, you stayed with the CEXs. And DeFi? Too risky. Too technica...

The Crypto Gig Economy

10 Aug 2024 7 minute read 11 comments Thomas Wolf

After some time away dealing with once-in-a-lifetime personal matters, I am back with one eye on the market, and the other on geopolitics, and my fingers are on the pulse of the people.Amidst the uncertainty about whether this market is bullish or ov...

Binance Word of The Day | 5th July 2025

5 Jul 2025 2 minute read 0 comments Oivas

Word of the Day | Binance I don’t need to introduce Binance, so I’ll skip that part. However, it is worth talking about what Binance is doing. The largest crypto exchange in the world is ensuring that we don’t just have fun trading and doing business...