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.

School boy error: A guide on how to lose $300 BUSD

21 Jan 2021 1 minute read 61 comments PVMihalache

Let's start with a question... guess who's been an idiot last night? Even if you are in the game for years, you can still do stupid mistakes in a split of a second. The crypto life is ruthless and cruel and has no sympathy for the weak. Least week I...

E&S Special Edition: Spot, Futures, Derivatives. Where should I start?

24 Jan 2021 3 minute read 0 comments MikeZillo

Hi Publish0x community and welcome back in my Sunday article dedicated to the “Easy and Short. Cryptocurriencies made accessible” section. Today we are in the last article of a special month of this section dedicated to Binance! Have you missed last...

PornHub Adds XRP, BNB, DOGE and USDC as Payment Options

22 Jan 2021 1 minute read 7 comments Abhimanyu Krishnan

Adult entertainment site PornHub has added support for payments in XRP, BNB, DOGE and USDC, as of Jan 21. With over 3 billion monthly visitors, PornHub stands to gain a lot from cryptocurrency payments, especially after the suspension of Visa and Ma...

CZ & The Mooch - A Fireside Chat about Bitcoin and other things.

21 Jan 2021 6 minute read 2 comments BryRi

Conversations with others is always a valuable experience and provides learning opportunities on many levels.  Check out this write-up with CZ & The Mooch - A Fireside Chat about Bitcoin and other things. Overview of the Fireside Chat Christophe, Dir...

PVM trial by combat: Bitcoin Standard Hashrate (BCTST)

16 hours ago 2 minute read 18 comments PVMihalache

What is BTCST? Bitcoin Standard Hashrate Token (BTCST) is a token collateralized by 0.1 TH/s of actual Bitcoin mining power standardized to an efficiency of 60 W/TH and can be used by miners to earn Bitcoin, therefore staking BTCST on-chain entitles...

"3 reasons why Ethereum price is still on track to top $2,000" My response

20 hours ago 1 minute read 2 comments Sebbe_727

I was reading an article from Cointelegraph that was named "3 reasons why Ethereum price is still on track to top $2,000". This is my response.Ethereum is excellent technology, by all means, the CEO Vitalik Buterin has achieved an excellent trophy by...

🌈 2 New Dapps to Help NFT Artists and Blockchain Developers Make Profits!

12 hours ago 3 minute read 0 comments

  This week, we are reviewing 2 new blockchain products that can serve as perfect tools for NFT artists and blockchain developers to monetize their works!  And don’t worry if you are neither good at drawing nor coding. You can farm or stake the proj...

Binance Did It's 14th Quarterly BNB Burn. It Is The Biggest Ever.

21 Jan 2021 1 minute read 1 comment Zemiatin

Yesterday Binance burned 3.619.888 BNB tokens which was valued at aproximatelly 168.000.000$. With this burn, the total supply of BNB went from 174.152.713 to 170.532.825 BNB. As you can see in the chart bellow the current burn is almost 2.5x bigger...

Newbie Quest: Understanding Binance Coin (BNB)

24 Jan 2021 2 minute read 2 comments Steven_BA

I will delight you again today with a new episode of the mini-series Top 100 crypto-currencies. You can check my previous four episodes also below: Newbie Quest: Understanding Stellar Lumens (XLM) Newbie Quest: Understanding Uni(corns) Newbie Quest:...

Binance Launches Polkadot Powered DOTECO Futures Contract

20 Jan 2021 1 minute read 3 comments Novasky

Polkadot adoption is going pretty strong in 2021. Many new projects are picking up polkadot for their contracts and defi projects. This time Binance, the largest crypto exchange has decided to jump in with the new project with polkadot behind it.  La...