Binance News, BNB Price Predictions, Opinions and Analyses Created by Users

Binance Coin (BNB)

2,427 Articles 8,710 Followers

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 Three DeFi Projects on Binance Smart Chain

19 Feb 2021 1 minute read 0 comments SteveR82

I had to make another video about the different DeFi platforms I have invested in. Like most, I have someone's money into PancakeSwap. But I am glad that I got into GooseFinance and now I am putting just a little to BakerySwap on the news that they...

Binance Labs Supports Polkadot Ecosystem With About $2.4M

19 Feb 2021 1 minute read 0 comments Godsplan

  Great days seems endless in life and we are here again to learn together about the crypto market. If you have realized, the recent period has been a good time for many crypto currencies especially the Polkadot. The price rally shouldn’t be surprise...

How Do I Get into the CAKE Game? Part 1: An Intro to BSC and Metamask

18 Feb 2021 3 minute read 1 comment tim-time

If you are one of my friends or colleagues over the last several days you've probably heard me extoll the virtue of Cake. CAKE is having a moment, to say the least.  Upon speaking with some friends still living in the states I quickly realized that t...

Motley Fool Buys $5M BTC After Dissing Crypto? (Supreme Alpha Inside)

18 Feb 2021 4 minute read 7 comments AlucardLife

If you watched Bitboy's latest video, you'll see he covered the Motley Fool story everybody is talking about — Motley buys $5 million worth of bitcoin after calling it a bad investment. There's so much inside alpha here I don't know where to start. I...

🔥 What the hell is happening to BNB?

18 Feb 2021 1 minute read 6 comments resiliencia

Hello! I was reading my twitter feed and I realized that the BNB chart is out of this world. Judge by youself: That looks awesome and scary at the same time. Specially as a BNB hodler... If we take a look at the BNB/BTC pair, things look really...

[SWISSBORG] special edition #1 (NEWS OF FEBRUARY) What's in the ROADMAP of SB?

18 Feb 2021 3 minute read 1 comment Arkato

Hello to all readers and wonderful writers. For those who have read my previous presentation post this article will be translated in French also soon. (SwissBorg Team on their twitter have many tweets in French) Not read my [SWISSBORG] #2 (SMART GIFT...

Binance Coin (BNB) and Binance Smart Chain (BSC): The Anti-DeFi Coins?

18 Feb 2021 7 minute read 1 comment Michael @ CryptoEQ

Overview Binance Coin (BNB) hosted on Binance Chain is an exchange-based cryptocurrency facilitating Binance’s ecosystem of products, both centralized and decentralized. BNB has many use cases, but within the Binance ecosystem it is primarily used as...

Binance Smart Chain - Take care of Rug Pull

18 Feb 2021 1 minute read 0 comments Makingdigital

If you are investing in the Binance Smart Chain or are thinking of doing it you have to familiarize yourself with the term: Rug Pull. I have already dedicated 2 articles to talk about DeFi platforms whose sole purpose is none other than to rob us, ma...

BNB, CAKE & BNT - Technical Analysis for February 18th

18 Feb 2021 2 minute read 9 comments pheonixdown-dee

On Feb. 18, Binance Coin (BNB), Pancake Swap (CAKE), and Bancor (BNT) reached all-time high prices. For BNB, the trend still looks bullish, but the rally has overextended, and it’s possible that BNB could reach a local top soon. Technical indicat...

BNB kicks Cardano out of position 4 on Coinmarketcap

18 Feb 2021 1 minute read 0 comments Batinium

The bullish trend of the Binance coin (BNB) has seen BNB exploding by about 36% to an all time high of $197.3 in the past 24 hours. This growth has placed BNB om rank 4 by market cap of $29,798,182,338 thus kicking Cardano (ADA) with market cap of $2...