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.


Top 10 DEXs on Binance Smart Chain by Total Value Locked 🐰

25 Jul 2021 4 minute read 5 comments Cryptonator`s

There is already so much action going on on the Binance Smart Chain that it is hard to keep track. There is more than just Pancakeswap. That`s why I have decided to cover the TOP 10 DEXs by total value locked that are running on the Binance Smart Cha...

Harvest Finances: The Different Types of FARM and What There Function is!

29 Jul 2021 2 minute read 1 comment Cje95

With the newest edition of the Polygon Network (MATIC) Harvest Finance is now deployed on three booming blockchains! I have no shame in admitting that it can get quite confusing at least for me to keep track of what FARM equals what. The easiest way...

Post Mortem on Emperor Token

27 Jul 2021 2 minute read 4 comments RugZombie Undertaker

Emperor Token     The Emperor has no clothes! Everyone thought this token had no value and now even a child can tell this token is strutting around naked. It’s time to assassinate this mad emperor and bury him in a Zombie grave.    Emperor Token (...

Biswap Is Like PancakeSwap But With Lower Fees And Higher APYs!

24 Jul 2021 2 minute read 16 comments Cryptonator`s

I am pretty sure that if you like PancakeSwap, well, you will love Biswap. It is also running on the Binance Smart Chain but with the lowest exchange fees and the highest APYs. If you haven`t done it yet, then you should definitely check it out. 🤓  ...

Harvest Finance July Analysis - Gold Medal for Innovation and Progress

19 hours ago 2 minute read 13 comments PVMihalache

Hot summer events in the Crypto Olympics, wher Chad is winning gold medal after gold medal for Harvest Finance. The best yield farm in the Cryptoverse is the leader for innovation and progress. Harvest Finance opened a new farm on Polygon Network, w...

What Is Binance Coin and How to Buy It?

30 Jul 2021 3 minute read 6 comments SwapSpace

What Is Binance Coin? Many modern cryptocurrencies were born out of great technical or philosophical debates within the crypto community, or with the idea to pursue a big goal, but this was not the case with Binance Coin (or BNB). Binance created its...

Caution❗️These 2 DeFi’s Daily Deposit Volume Sink Over 90% since May📉

28 Jul 2021 2 minute read 1 comment Dapp.com

  As a crypto investor, do monitor the product’s onchain data to alert yourself of potential risk. 2 DeFi products with sharp data drop you must be aware of.   Alpaca Finance Alpaca Finance, a leveraged yield farming protocol on Binance Smart Chain,...

😎 2 New DeFi on Fuse Network & BSC with High Returns. What are they❓

29 Jul 2021 2 minute read 4 comments Dapp.com

  Ola Finance - Lending Platform on Fuse   Ola Finance is a platform on Fuse Network that lets you create a Compound/Aave-like instance that includes whichever tokens you likes.  Currently, you can use the Fuse LeN, where you can supply/borrow $WBT...

Banano, the cheaper, faster, more innovative DAG that you love so much you wrap it yourself! (wBAN)

28 Jul 2021 4 minute read 0 comments satoshi0x

  BANANO, A DUMB NAME? THEN YOU FEEL DUMB SINCE YOU'VE BEEN HERE SINCE RAI BLOCKS (XRB) LET'S TRY THAT AGAIN. BA-NANO, BANANO... POTASSIUM RICH & THE DRY HUMOR I LOVE Where to start? Let's do something fun at the end of this review because BANANO is...

Binance Smart Chain Transactions Count 300% Up in Ten Days: Two Reasons Explained by GetBlock

29 Jul 2021 2 minute read 0 comments GetBlock

Yesterday, on Jul., 28, number of daily transactions handled by Binance Smart Chain smashed mid-May’s high and surged to new record. Why? Binance Smart Chain, Binance’s smart contract platform, witnesses an unparalleled growth in terms of network act...