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.

Some insides of what happened in March in the crypto sphere.

1 Apr 2020 1 minute read 0 comments alberdioni8406

This was surely a bad month ending with also a good opportunity to increase the crypto portfolio as BTC crashed in just one day losing half of it's value with massive sell orders, leaving the market in a complete panic due mostly to COVID-19 and beco...

The Digital Dollar is Coming Sooner than We Think!

1 Apr 2020 2 minute read 4 comments bettercallpaul

The Digital Dollar - The Hidden Draft Text in the Coronavirus Stimulus Bill that is Scary as Hell! A COVID-19 Special Edition of the Better Call Paul Blog [Jacksonville, FL  |  03/29/2020]  So, many of you have read my posts about the stimulus ch...

One Stop Cryptocurrency News Cast For March 31st 2020 ?

1 Apr 2020 3 minute read 0 comments One Stop

📮 31-03-2020 📈MarketCap:                  $180  B 📊24h Mcap %:                  2.10% ⚠️Bitcoin Dom:                 65.40% 📌Active Coins:                2,927 📍24h Vol %:                    -5.69% 💲24h Vol:                    $110 B   Trade On These...

Are We Still Pretending the Crypto World Is Decentralized?

1 Apr 2020 4 minute read 14 comments TheDesertLynx

Binance bought CoinMarketCap. It's enough of a headline on its own, yet it represents the latest piece of an increasingly worrying puzzle: just how much influence does founder Changpeng "CZ" Zhao have over the ostensibly-decentralized cryptocurrency...

Binance to buy CoinMarketCap for $400 Million

31 Mar 2020 1 minute read 0 comments

Binance is about to purchase CoinMarketCap for a whopping $400 Million.  This will give incredible exposure to Binance in front of crypto consumers.  Coinmarketcap is undoubtedly the go-to place for most crypto veterans and newbies alike, and owning...

Binance and others overtake BitMEX as the most widely used platform for crypto derivatives

31 Mar 2020 1 minute read 1 comment DZCRYPTO

    As described in detail in recent weeks, the dynamics of the crypto market have changed dramatically since the March 12 Bitcoin flash crash, which saw market capitalization lose nearly 50 percent within 24 hours. The data shows that BitMEX, a top...

Your Right to Wipe, Now Tokenized by CoinMarketCap

31 Mar 2020 1 minute read 8 comments insidetrader

On that day we see some news about ''Binance acquisition of CoinMarketCap'', the team behind CMC announced ToiletPaperToken-TPT.  The CEO of the leading cryptocurrency exchange Binance, CZ had already talked about ''2 major acquisition by Binance in...

The fifth local Binance exchange set to open in South Korea.

31 Mar 2020 1 minute read 1 comment alberdioni8406

It's a week with plenty of news from Binance cryptocurrency exchange, the leader and largest worldwide exchange in volume transactions, where sooner today a huge news informed that Binance is set to acquire the CoinMarketCap for a whopping $400 Milli...

Global Exchange Binance is set to launch a New Crypto exchange “Binance KR” in South Korea

31 Mar 2020 1 minute read 0 comments

Global Exchange Binance is set to launch a New Crypto exchange “Binance KR” in South Korea The biggest cryptocurrency exchange in the world in terms of trading volume Binance is now moving into South Korea with a plan to launch a new cryptocurrency e...

TOP 5 Crypto News (31 March '20)

31 Mar 2020 5 minute read 23 comments Brawnd0

Hey guys. We are plodding along, battling lockdowns and anticipating the halving, and expectant of a bull run soon.  As all of these major geopolitical events and macroeconomic factors occur, the crypto industry keeps itself busy. I’ve covered some o...