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.


KebabFinance on Binance Blockchain Review

3 Feb 2021 1 minute read 0 comments kingscrown

Litentry Farming Earnings Day 3

1 Feb 2021 1 minute read 0 comments EliteHodler

I have been farming for 3 days but I ended up stopping the farming process for most of the day because I needed BNB for something, ill update with another post when I resume mining. I have mined 0.0418 LIT! Pinch punch first of the month! :) Thank...

What did you do with your Trustwallet Token (TWT) airdrop?

1 Feb 2021 1 minute read 1 comment belemo

If you use Binance and have ever held BNB in the past, then you probably received the TWT airdrop. The airdrop was actually a couple of months ago and it just popped up in Binance wallets. If you abandoned the TWT you received in your finance wallet,...

Did Binance made a good job with CoinMarketCap?

22 Jan 2021 2 minute read 0 comments Ariman

Most of you should now that the website CoinMarketCap (CMC) had been acquired by the centralized exchange Binance , the biggest exchange by volume.  CMC is known to be one of the most visited website in the crypto-space. It was a good service, freely...

Binance 300K GIVEAWAY

22 Jan 2021 1 minute read 0 comments ispan

  Giving away 300k Binance!     To celebrate hitting 300,000 followers on Instagram! To join the selebration: Follow @binance on Instagram Fill in the form - https://gleam.io/GcTiP/binance-instagram-300k-giveaway  Optional. Find secret codes on Ins...

Final days of OXT rewards @CoinMarketCap Earn - - quiz questions and answers

18 Jan 2021 1 minute read 0 comments Joergo

CoinMarketCap has supported several airdrops: LUNA, KAVA, BAND. Actually there are four more: HNT / Helium, OXT / Orchid, SAND / The Sandbox and GRT / The Graph. The principle is always the same: Watch some videos (though in general not all questions...

Final days of HNT rewards @CoinMarketCap Earn - - quiz questions and answers

17 Jan 2021 1 minute read 0 comments Joergo

CoinMarketCap has supported several airdrops: LUNA, KAVA, BAND.Actually there are four more: HNT / Helium, OXT / Orchid, SAND / The Sandbox and GRT / The Graph. The principle is always the same: Watch some videos (though in general not all questions...

Coinmarketcap Orchid Learn Program All Answers Earn Crypto

17 Jan 2021 1 minute read 0 comments ShadowC

Let me help you to earn some crypto :) https://coinmarketcap.com/earn/project/orchid Each CMC user that watches educational videos and completes a quiz about Orchid will earn 20 OXT cryptocurrency from the pool of 800,000 OXT rewards— so get ready t...

SAND rewards @CoinMarketCap Earn - - quiz questions and answers

16 Jan 2021 1 minute read 0 comments Joergo

CoinMarketCap has supported several airdrops: LUNA, KAVA, BAND, HNT, OXT, GRT, CYBER, FOL, TKO, IOTX, SUSHI, POLS, FOC, MBOX, REVV and many more.Actually there are SAND / The Sandbox, CRU / Crust Network and NFTB / NFTb. The principle is always the s...

GRT rewards @CoinMarketCap Earn - - quiz questions and answers

15 Jan 2021 1 minute read 0 comments Joergo

CoinMarketCap has supported several airdrops: LUNA, KAVA, BAND. Actually there are four more: HNT / Helium, OXT / Orchid, SAND / The Sandbox and GRT / The Graph. The principle is always the same: Watch some videos (though in general not all questions...