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

Binance Coin (BNB)

1,532 Articles 1903 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.


How to make a deposit at Binance exchange and then Trade ( Beginner's Guide )

8 Sep 2020 1 minute read 0 comments snars2020

  You can download the binance app at the playstore if you are using an android phone. You can follow the steps below on how to deposit from coins.ph account to your Binance account and then trade afterwards. Here's the link below.   https://www.yout...

Binance Jumps into DeFI with LaunchPool

7 Sep 2020 1 minute read 0 comments CryptoSpyder

Binance has been at the forefront of cryptocurrency exchange services since 2018, and today they just announced the release of Binance Launchpool. Looking to expand earning potential for their users, Binance is hoping that Lauchpool becomes an easy-t...

XLM USD BTC How durable

7 Sep 2020 1 minute read 2 comments @bniv0123

  dear readers. What about xlm's status?I want to explain with a joke that summarizes the current state of xlm. ......Once a man started swimming in the sea to get to a distant place for days, said I was tired when he was about to reach his destinat...

3 Interesting Crypto Celebrations this coming week!

7 Sep 2020 6 minute read 0 comments bengy

    Unsplash   This week, there appear to be a few nice little events that have relatively low bars for entry. Well, there is one that has a higher bar, but if you are already on the platform then it is a really low bar... and if you aren't then it...

Sushi? Thank you, I will eat pork chop with potatoes

7 Sep 2020 1 minute read 2 comments MikePL

Why am I more for any Cepi and not for Defi? Why do I choose security over oversize returns on investment? An example from recent days and sushi token. The awkwardness of people such as the CEO of Bitmex, CEO of Binance, the moves made by the owner o...

Price analysis: BTC, ETH, BAT, BNB

7 Sep 2020 2 minute read 1 comment MadMaxx

Hello and welcome to another price analysis! I've been gone for a week for family stuff, and I'm (partly) back now! A lot has happened between the time I left and now. Obviously, the DeFi craze has slowed down a bit, and Bitcoin has paused its moon m...

💳 Crypto Debit Cards: A Fun Way to Maximise Profit?

6 Sep 2020 2 minute read 0 comments BrynnB

The bull market is here. DeFi and yield farming have confirmed that. Greed is in the air, and it's very likely that October will bring with it a significant rise in the price of BTC & ETH. For us peasants, this means buying now can allow us to sell t...

Binance widget now available to all OYAAA users, enabling seamless cryptocurrency trading and management

6 Sep 2020 1 minute read 0 comments Pi Ṇ̣̣̣̥ ky LeṆ̣̣̣̥a

  Binance widget now available to all OYAAA users, enabling seamless cryptocurrency trading and management. The Binance widget is easily accessible from the oyaaa home page. The integration offers several functions for managing, buying, and trading...

Why from Theter ???

5 Sep 2020 1 minute read 0 comments alquimista1501

People use coins as they see fit and as they are best in practice, far removed from the theoretical notions for which it was created. This perfectly applies to Bitcoin (BTC) that many already at this stage of their economic life only seek to strength...

05.09.2020 - Another day into Cryptoverse

4 Sep 2020 1 minute read 3 comments Heruvim78

  BTC, the most known cryptocurrency,  is currently trading at $10,468, down -4.51% on yesterday at the time of writing. Most of the market is in RED, except few crypto, surprisingly increasing, such as Digibyte, Tron and Storj (all in single digits...