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.


Cake and Bake straight to the moon

19 Feb 2021 1 minute read 0 comments Makingdigital

The Binance Smart Chain bakery is running at 1000%. The candy lovers who invested in this project will be experiencing emotional ecstasy right now. Not even Fluoxetine can match this feeling. Both Cake and Bake have risen dramatically in price in rec...

Top 5 Bullish Cryptos Today 19/02/2021

19 Feb 2021 1 minute read 0 comments Daniella Blog

    Good day and welcome to another episode of "Top 5 Bullish Cryptos Today".We've seen and we'll continue to see more good days in cryptospace.The market is up again today with about 1.9% as at the time of publishing this post.Total Market Cap in th...

Will BNB overtake the hype of ETH?

19 Feb 2021 1 minute read 6 comments karinxxl

Ethereum token has been performing extremely well over the last couple of months and is back in their popularity. Surviving crypto-kitties embarrasments, network digestion and gas fees through the roof, the found themselves back it seemed last year,...

Binance Smart Chain (BSC) toolkit

19 Feb 2021 1 minute read 2 comments Pasucaru

Waiting the rise of DeFi 2.0, with layer 2, to avoid gas fees ATH on ETH-ERC20 blockchain, today (february 2021) it's Binance Smart Chain (BSC-BEP20) which have the cheapest gas fees. The Total Value Lock (TVL) is increasing everyday  : to compare la...

Will Binance Replace Ethereum Due to Its Gas Fees?

19 Feb 2021 1 minute read 1 comment Suny Ag

The boom in the crypto market at this time is not only due to bitcoin, but some other cryptos are also setting new records in the market right now. According to the price, the coin that has been giving the best results in the last few days is BNB of...

Trading with crypto

19 Feb 2021 4 minute read 0 comments FutureFin

Not all crypto exchanges are equal I have tried to play on exchanges for many years.  In fact when I was still at school I was keen to get a job at our biggest centralized exchange.  When I was working for a paint company 10 years later a salesman ma...

Binance Coin ($BNB) In-Depth Analysis 🚀 Tokenomics, Usecases, Price

19 Feb 2021 4 minute read 16 comments Cryptonator`s

I always had been very optimistic about Binance Coin but I never thought that it could reach market cap rank #3 like it just did. It´s simply incredible. However, there are some good reasons explaining the current bull run. I don`t know any cryptocu...

Defi...PancakeSwap...Venus...BSC...

19 Feb 2021 3 minute read 0 comments Nas.A

    Hello to my friends who love life and keep smiling despite all negativity. In this article, I will tell you about the defi status and projects on the Binance blockchain. The ideas in this article are not investment advice. Let's start… The data...

Kusama, a Test Network with New Realities

19 Feb 2021 2 minute read 0 comments alquimista1501

This article refers to a more evaluative view on Kusama, a development environment for the Polkadot environment (DOT). Basically we refer to a whole test system that flexibly converges as a field of experiments to test the possible errors that may ar...

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...