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.


The Binance Labs Investment Observer - The Token Distribution Infrastructure SIGN

10 Feb 2025 2 minute read 5 comments Cryptonator`s

Welcome back to another edition of the Binance Labs Investment Observer. Today, we are diving into the latest buzz: YZi Labs’ $16 million bet on Sign, the on-chain token distribution and credential verification platform. Let's break it down. YZi Labs...

BNB Surges Past $600 – What's Driving the Rally?

13 Feb 2025 1 minute read 0 comments ChangeNOW

Binance Coin (BNB) has soared past $729, marking a 19.51% gain in just a week. While Bitcoin and Ethereum have seen minor retracements, BNB has defied market trends. What's fueling this impressive rally? Let's dive in. Binance’s Asset Realignment Bin...

Is Binance "The Next Big Thing"?

13 Feb 2025 3 minute read 1 comment Sebastian Purcell, PhD

Virtually forgotten as "last cycle's chain," $BNB is oddly positioned for growth. Today's analysis comes with an extra heavy dose of "do your own research" (DYOR) and a reminder that this is not financial advice (NFA). The macroeconomic backdrop for...

Bargain Shopping Among Crypto Majors?

12 Feb 2025 3 minute read 1 comment Sebastian Purcell, PhD

Sentiment remains in the toilet, especially among retail investors. But the macroeconomy is in good shape, actually. Trump couldn't possibly have dented the macroeconomy yet, but he did remove the overhang of regulatory risk. Is there any surprise th...

BNB HODLers Score Big with Berachain

6 Feb 2025 1 minute read 8 comments Cryptonator`s

In crypto, airdrops are like unexpected gifts from the blockchain gods. But sometimes, these digital blessings come with a twist. Enter the Berachain airdrop on Binance - a tale where $BNB HODLers are probably reaping more rewards than the die-hard u...

Binance x AI Is the New Narrative?

11 Feb 2025 2 minute read 1 comment Sebastian Purcell, PhD

If you were around last cycle, then you know that Binance ($BNB) was the meme coin casino back then, not $SOL. They somehow managed to fumble that this season with the meme coin mania. Even $ETH became more recognized for meme coins. But that appears...

CZ hints scam, Binance and Solana in his message

9 Feb 2025 1 minute read 2 comments Yugocean

Hidden Message      CZ has written a post in Chinese that is unclear from the translation, but it states that a meme coin named TST is copying the Binance logo without permission. In a similar piece, CZ advised users to be wary of meme currencies...

Ex-Binance CEO CZ echoes Coinbase's Brian Armstrong, "the listing process is a bit broken"

10 Feb 2025 1 minute read 1 comment LeftFooted

Changpeng Zhao, co-founder and former CEO of Binance, echoed the words of his former colleague Brian Armstrong, CEO of Coinbase, and said the listing process is broken. Armstrong admitted on X that the listing process isn't working and must be refor...

Binance Coins Current Trends and What to Watch in the Coming Weeks

13 Feb 2025 1 minute read 0 comments Joeyb78

As of February 13, 2025, Binance Coin (BNB) has been trading at around $,671.01 while it remains down 3.51% for the last close. The cryptocurrency is quite volatile, registering intraday highs of $729.68 and lows of $665.41. Now-Fresh Market Action...

Binance Word of The Day | 10th February 2025

10 Feb 2025 2 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...