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.


Binance Futures ROI Trading Contest

8 hours ago 1 minute read 0 comments Freecoins24

Binance Futures ROI Trading Contest About: Binance Futures ROI Trading Contest is live! Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the E...

Binance will reward XRP holders with Spark tokens

8 hours ago 1 minute read 0 comments ircrp

  As per today's announcement from Binance the company has decided to support the Spark Airdrop for XRP holders and informed its users with concrete details about the upcoming snapshot and further announcements once the distribution is complete. Th...

Bitcoin + Ethreum = Wrapped Bitcoin

9 hours ago 1 minute read 0 comments Coincobra

Wrapped Bitcoin is Ethereum's Bitcoin. In fact wBTC is the largest tokenized ERC-20 asset that is currently traded on the Ethereum blockchain. Therefore, it is the version of the BTC in Ethereum in the DeFi ecosystem. This Token is already listed on...

Binance and Coinbase Bow to US Regulation

18 hours ago 1 minute read 5 comments AlucardLife

If you have identified yourself as a US person, you have about 2 weeks to get your money off of Binance. You shouldn't be holding your crypto on an exchange anyway, but make especially sure if you are a US citizen and identified as such. Learn this l...

Ampleforth: everything you need to know

19 hours ago 8 minute read 1 comment Roberto D.

From today on Publish0x you can earn Amplefoth (AMPL) and it seemed right to explain what this currency is, how it works, the use cases and its vision. In short, sit comfortably because there is a lot to say, but let's not waste any more time and sta...

Technical Analysis: Cardano 24/11/2020

24 Nov 2020 1 minute read 0 comments Crypto Army

In this article we are going to discuss the potential of ADA, possible targets, key levels for the continuation of the recent uptrend, support and resistance on the daily timeframe. Please remember that this is not a financial advice, do your own res...

Technical Analysis: XRP 24/11/2020

24 Nov 2020 2 minute read 5 comments Crypto Army

In this article we are going to discuss the potentials of XRP, possible targets, support and resistance. In this article we are going to show two different charts of XRP, the first will be based on Elliot's Wave Theory and Fibonnaci Retracement, the...

Binance Tells US Users They Have 14 Days to Close Account

24 Nov 2020 1 minute read 5 comments Abhimanyu Krishnan

On Nov. 23, Binance began telling some of its users in the US via email that they would have 14 days to withdraw their holdings, failing which their accounts would be locked. The exchange began blocking US users in early Nov. 2020. Binance expects i...

Venezuela Update - 274 Bitcoins traded last week

24 Nov 2020 2 minute read 6 comments Permabull

Checking last week's statistics, 274 BTC were traded in Venezuela on LocalBitcoins. The number is quite down from 281 BTC, traded the week before, buying and selling BTC/FIAT. 274 BTC is over 3,500,000,000,000 Bs. (Bolivares). One Bitcoin (BTC) is c...

Tether x Ethereum

23 Nov 2020 1 minute read 6 comments Coincobra

  Tether                                                              EthereumMarket Cap - $18.494.336.407  USD               Market Cap - $67.354.611.688 USD Recently, some websites and experts have said that Tether will soon be overcome in market c...