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.


Fanadise is an Exclusive Content Subscription Platform Made for NFT's

4 May 2021 3 minute read 0 comments Bitloca

Abstract In recent months, the financial decentralization sector is one of the sectors that has had a significant development in the cryptocurrency market. Decentralized finance offers financial solutions that have never been offered by traditional...

The Difference Between Coins vs Tokens — An Easy Guide

4 May 2021 1 minute read 2 comments NYC Adriana

Cryptocurrency has two forms: coins and tokens. While both can be bought on exchanges and stored together in the same crypto wallet, they are not quite the same thing. The main difference being that although either can act as a form of payment, a coi...

How to run a Neutral Futures Trading Bot on Binance (Tips and Tricks)

4 May 2021 5 minute read 4 comments bengy

  Trading on Futures is generally something that is best reserved for people with lots of money to lose or those with enough time and dedication to make the hard decisions! However, recently Binance has released a grid trading bot on the USDT futu...

A Crypto Phishing Bot Targeting Metamask Users

4 May 2021 1 minute read 0 comments Saikot

MetaMask, a browser extension crypto wallet, today alerted its users about a phishing bot trying to steal users' seed phrases. A request came to form a Twitter user who confessing that a more like google sheets wanna seed phrase. Metamask retweet it...

What is Ninjaswap? New DEX, huge Gains and Benefits!

4 May 2021 2 minute read 2 comments Feedmypsyche

NinjaSwap is a dex that enables swapping, farming, and staking for BEP-20 tokens. its AMM follows the tradition of Uniswap. But it gets its speed and affordable transaction fee from Binance Smart Chain. Besides that, unlike other swap platforms, a li...

Cash-Out Finance (OUT) || DeFi project on BSC - Special fees, Discounts, Governance & Staking.

4 May 2021 1 minute read 0 comments FreedomBuilder

    🎁 Total Reward:📌 Receive up to 300 OUT ≈ $9 for Simple Media tasks.📌 Get 100 OUT ≈ $3 for each Referral. 💎 Start Cash-Out Finance Telegram Airdrop Bot.https://t.me/CashOutAirdropBot?start=438066313 🔶 Airdrop Terms and conditions:📌 Start Telegram...

My Crypto Plans 2021

3 May 2021 1 minute read 2 comments MlnPetrovic

  My Strategy: I am a fan of holding crypto long term(1-3 years), some of these coins are surely to rise up, so my plans are to buy 1000$ worth of Bitcoin and then convert from Bitcoin to these other cryptos, so it would be 125$ per asset. I will be...

NEW FAUCETBOX

3 May 2021 1 minute read 0 comments Freitastutorial

Getting to know the FBX Token and FaucetBox.io "One Crypto for each person" this may be the motto of FBX. the initial idea of ​​faucet sites was to bring the public closer to a given project and its technology, offering small parts of that project, i...

Frauds! FRAUDS! FRAUDS! Or how to avoid getting scammed

3 May 2021 7 minute read 1 comment bdrum

  Hey! Finally got some nice CAKE gains to play around with? Wanna play around low cap projects to get that x10 you’ve been looking for the entire bullrun? Good! But can you trust what you are buying? We’ve all heard about other people losing money o...

Attention icarians 👀

3 May 2021 1 minute read 0 comments icarus.finance

⌛️Less than 24 hours remaining at Dodo Crowdpool  ⌛️Less than 24 hours buy $ZBTC at 17,5 $BUSD  ✅The highest hash rate $BTC token ✅How to buy? Dodo Crowdpool!   https://app.dodoex.io/cp/join/0xa274895414cfb4c2799fb4c490ac01ac4a97b96a?network=bsc-main...