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.


5 Most Important Crypto News You Should Know Today (12 Sep 2019)

12 Sep 2019 4 minute read Brawnd0 $3.55 tipped

It’s yet another day in the crypto universe and there’s a lot that has been happening. This week’s big news has been Bakkt and Bitcoin’s hash rate, but that’s not all that’s been going on.  Some other less exciting developments, but still worth notin...

Is "LISK" Dying Cryptocurrency ?

12 Sep 2019 3 minute read Cryptoram $0.20 tipped

                               WHAT IS LISK   Lisk is right now the 48th on coinmarketcap its a platform for decentralized applications to launch on top of so lisk is competing with projects like EOS and ethereum and neo and tron all of the all the b...

The Trading Technologies platform is being rolled out by Goldman Sachs to the banks customers

11 Sep 2019 1 minute read goldenforex $0.17 tipped

Exchanging Innovations Universal (TT), today reported that the organization has been chosen by Goldman Sachs for the dissemination of its TT stage to the bank's clients. The stage has been accessible for some time and has included BTC fates since the...

Binance Launches Futures Trading Platforms

11 Sep 2019 1 minute read Rubika Ventures $0.30 tipped

Binance is delighted to announce the official launch of our Binance Futures Trading Platforms. Both Futures Platform A and Futures Platform B from the Battle for Binance Futures competition will be available for trading as wrote in the blog support....

Binance futures exchange raises $150million in beta

11 Sep 2019 1 minute read CryptoArgha $0.11 tipped

Binance is world's largest cryptocurrency exchange in terms of daily volume Recently binance labs announced that they will launch a bitcoin futures exchange on their platform soon After this tweet by CEO of Binance The traders abd binance lovers took...

The Binance Summary News That You Can’t Miss

10 Sep 2019 1 minute read Rubika Ventures $0.26 tipped

Binance always keeps his community active much more than the other exchanges. That factor can be seen in the report we made days ago. Now let me tell you some past news and others for these days that could change the course of your life as a trader o...

Now monitoring malicious whale addresses is a reality thanks to the new Whale-alert tools.

10 Sep 2019 2 minute read daniejjimenez $0.58 tipped

It is widely known the criminal use that Bitcoin (BTC) is being subjected to in recent years by malicious organizations or hackers that steal funds and then move them through unknown addresses and then 'launder' the stolen bitcoins in any exchange of...

Famous Turkish economist Erkan Oz interviewed the CEO of Binance, Changpeng Zhao!

9 Sep 2019 1 minute read Sedat34 $0.17 tipped

Famous Turkish economist Erkan Oz interviewed the CEO of Binance, Changpeng Zhao!   Renowned economist Erkan Oz interviewed Changpeng Zhao (CZ), CEO of Binance, the world's largest cryptocurrency exchange. In an interview published in Hurriyet, Zhao...

Binance bitcoin futures about to rival bitmex

9 Sep 2019 1 minute read CryptoArgha $0.10 tipped

Binance is currently world's largest cryptocurrency exchange in terms if daily volume generated from the platform Recently Binance CEO announced that binance will launch a Bitcoin futures Exchange and option on Binance platform This will help trader'...

[Korean] Curate Bitcoin 09/08/2019 by dobobs

9 Sep 2019 2 minute read dobobs $0.09 tipped

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of CURATION. Every investment and trading move involves risk. You should conduct your own research when making a decision. https://ci3.googl...