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.


CZ Denies Rumors of Trump Pardon — Fake News Traced to Competitors

25 Jun 2025 2 minute read 0 comments AdamNovocaine

Fake Pardon and Market ReactionRumors spread in Chinese media claiming that Donald Trump had allegedly signed a pardon for Changpeng Zhao (CZ), the founder of Binance. The news quickly went viral on social media and anonymous channels, causing the BN...

Binance Word of The Day | 25th June 2025

25 Jun 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...

Binance Word of The Day | 24th June 2025

24 Jun 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...

BXEN: Is Minting Worth It, or Should You Just Buy Someone Else’s Loss?

24 Jun 2025 1 minute read 0 comments The Value

Lately, I’ve been analyzing the current state of BXEN on Binance Smart Chain — and the truth is, minting BXEN right now is completely unprofitable. Take my own example: I minted a xenFT with 400 VMUs, which cost me around $5. The claim window is 502...

Binance Word of The Day | 23rd June 2025

23 Jun 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...

Binance Word of The Day | 22nd June 2025

22 Jun 2025 1 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...

Binance Word of The Day | 21st June 2025

21 Jun 2025 1 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 is there so little BNB discussion here?

20 Jun 2025 1 minute read 1 comment Bulebule22

We in the crypto space love decentralization. It was a cornerstone of Satoshi’s vision and it’s something that most projects and communities hold dear. Last year’s DeFi Summer is already the stuff of legends, and it looks like with rollups that this...

Still Trading BTC on a CEX? Here’s What You’re Missing

20 Jun 2025 4 minute read 0 comments NuDEX

Are you still trading Bitcoin on a centralized exchange? It might feel safe. It might feel fast. But you could be missing out on a game-changer. Decentralized exchanges are growing up. They now offer more freedom and better control. One name leading...

Binance Word of The Day | 20th June 2025

20 Jun 2025 1 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...