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.


BNB Chain Is Back With Another “Experiment” after BUSD Collapsed...Should You Be Scared?

1 May 2025 1 minute read 2 comments CryptoCopyBiker

  After the spectacular fall of BUSD —the once-mighty stablecoin that quickly turned into a regulatory red flag— BNB Chain seems to be prepping for its next “big thing.” But here’s the real question:Is this innovation... or another time bomb waiting...

Binance Alpha Unpacked: Are These Rewards Worth Your Time?

29 Apr 2025 1 minute read 1 comment BFab

I recently discovered something in a very interesting Binance blog post that’s got me pretty excited – and I couldn’t wait to share it with you all. Here's the link to this blog post if you want to read it: https://s.binance.com/qHbSPY0W  It started...

Why I’m Watching SUI Like a Hawk Right Now

25 Apr 2025 3 minute read 2 comments BFab

Today, I want to share something that’s been catching my attention lately—Sui Blockchain and a protocol called Bluefin, which lets you trade perpetual futures. Whether you're betting on prices going up (long) or down (short), there's a lot to unpack...

BINANCE COIN (BNB): The Overachieving Middle Child of Crypto That Just Can’t Stop Winning

25 Apr 2025 1 minute read 0 comments Loki34

Binance Coin (BNB) started out as a simple utility token used to pay fewer fees on the Binance exchange. It was like the “coupon kid” of crypto—just quietly saving people money while the big boys fought over market dominance. But then? BNB hit the gy...

Binance Academy, This Is Embarrassing: Crypto Mining Is NOT Passive Income.

21 Apr 2025 3 minute read 1 comment CryptoCopyBiker

Let me tell you a short story. I was sipping my coffee, browsing the web, looking for fresh perspectives on passive income strategies in the crypto world. You know, something simple, educational, and well-structured. As a crypto copywriter, I like to...

Binance Word of The Day | 20th April 2025

20 Apr 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 Mandates KYC Re-verification for Indian users

20 Apr 2025 1 minute read 0 comments Yugocean

     The world's largest crypto exchange, Binance, has now made it mandatory for all users in India—one of the world's largest markets—to re-verify their KYC. Let’s explore the key aspects of this decision: Positive Aspect – Realistic Compliance wit...

Binance Word of The Day | 19th April 2025

19 Apr 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...

How to Earn Money Online with Coinpayu: A Beginner’s Guide

19 Apr 2025 2 minute read 8 comments user167

What is Coinpayu? Coinpayu is a free platform where you can earn crypto by doing very basic tasks like viewing ads, completing surveys and using offerwalls. I signed up using just my email and a password within minutes. Coinpayu withdrawal proof In t...

Binance Word of The Day | 18th April 2025

18 Apr 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...