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.


#BinanceFARMer Writing Contest and Giveaway: $1,000 in $iFARM Prizes!

12 Apr 2021 6 minute read 74 comments Igor Tomić

It's time for another Harvest.Finance contest; this contest is similar to #CropSpotter contest, but #BinanceFARMer contest puts focus on farming the Harvest.Finance strategies on Binance Smart Chain, instead of those on the Ethereum network. This con...

A Recipe for Success: BSC + Harvest.Finance

18 Apr 2021 4 minute read 23 comments Mynima

Introduction As an avid yield-farming enthusiast I cannot tell you how happy I was to see the news a little while back that Harvest.Finance were making the move to the Binance Smart Chain (BSC). I'd been pretty disheartened earlier this year that my...

How to Use Your MetaMask as a Binance Chain Wallet [#BSC Tutorial]

15 Apr 2021 2 minute read 5 comments D3F1

Binance Smart Chain has been on an absolute tear since its inception in September 2020. The ecosystem is thriving as it swept past $10 billion TVL by February 2021 and continued higher to break $30 billion TVL on April 12th, 2021.It is important to l...

Why BSC Farms on Harvest.Finance is a Game Changer!!

18 Apr 2021 7 minute read 9 comments SamBTC

This post will be focused around why I think the creation of BSC yield farms on HarvestFinance is going to be a game changer in the crypto world. Before digging deeper into what are the farms being offered by Harvest on BSC and how and why you should...

Development Update: "Wrapped" BANANO on Binance Smart Chain

17 Apr 2021 4 minute read 20 comments banano

Backed by next generation DAG tech and potassium, BANANO is a cryptocurrency getting into your wallet fast, feelessly, and with loads of fun. BANANO is distributed for free to everyone. Its easy-to-use technology onboards normies and crypto-noobs wit...

TokoCrypto (TKO) paid my a month's wage in a day!

21 hours ago 2 minute read 11 comments PVMihalache

Look, if you had one shot, or one opportunity. To seize everything you ever wanted in one moment. Would you capture it or just let it slip? Crypto opportunities are coming and going! Which one will be the winning one? Which one will be the bad choi...

Onboarding Your Assets From Ethereum to Binance Smart Chain [#BSC Tutorial]

15 Apr 2021 3 minute read 8 comments D3F1

You will need to set up your MetaMask wallet to be connected to the Binance Smart Chain itself. It is relatively easy, and you can easily switch between the Ethereum network and the Binance Smart Chain network through the wallet. To find out how to s...

Cryptocurrencies: Is 2021 the market correction or the bull run?

16 Apr 2021 4 minute read 7 comments PVMihalache

What if this is the market correction? I keep thinking about this and being part of the cryptoverse for so many years, I am starting to believe that my theory can be true! I was playing with crypto in 2017 when the market just crashed and every asset...

REALLY?! Would you farm Harvest Finance with Binance Smart Chain?

15 Apr 2021 6 minute read 9 comments Roney Laurent

Would you like to join the group of farmers in the digital age? Continue reading to take advantage of the opportunities and care needed in combining Binance Smart Chain and Harvest Finance. Let's start your harvesting journey! On decentralized yield...

#BinanceFARMer - Mainstream Decentralized Finance

13 Apr 2021 2 minute read 1 comment Mamaecrypto

Defi (Decentralized Finance) brings us an interesting new world of possibilities. This new trend enables the crypto space to become even more decentralized than it already was. However, for the average person, a newbie, or even a savvy cryptocurrency...