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 | 10th June 2025

10 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 | 9th June 2025

9 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 | 7th June 2025

7 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...

Hyperliquid, The New Backbone Of Decentralized Finance

6 Jun 2025 1 minute read 3 comments Myxoplixx

Recently, Felix, a lending protocol built on HyperEVM (Hyperliquid’s smart contract platform), crossed $100 million in loans, and the platform generated an impressive $600,000 in fees in just one hour. This shows that user activity is surging, likely...

Binance Word of The Day | 6th June 2025

6 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 | 5th June 2025

5 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...

A Beginner’s Guide to a Crypto Side Hustle: Turn ₱3000 to ₱10,000 into Profit with GCash & Binance P2P for people in the PHILIPPINES

4 Jun 2025 2 minute read 0 comments supamaku

Looking for a side hustle that doesn’t require a finance degree or hours of research? If you’ve got a smartphone, a GCash account, and ₱ANY AMOUNT to spare (in my case, I started with ₱3000 last year) you can dip your toes into the crypto world and p...

Binance Word of The Day | 4th June 2025

4 Jun 2025 1 minute read 1 comment 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 | 3rd June 2025

3 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...

Changing of Guards, Shifting of Gears

3 Jun 2025 1 minute read 0 comments Roughcore/Purein10th

Cecilia Hsueh is stepping down as CEO of Morph, handing the reins to Colin Goltra, former COO of YGG and ex-Binance. The move follows the earlier departure of co-founder Azeem Khan, marking a leadership reset for the Layer 2 project.   Founded in 202...