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.


Trading with more money than you have available leveraged by Binance

20 Jun 2022 6 minute read 0 comments douglas_cachazo

Binance Margin trading, consists in trading leveraged with more capital than you have available, this capital is provided by the Binance platform as a loan, so you can trade with more capital than you have available. The idea is to maximize profit...

Learn about cryptocurrencies and Binance products

20 Jun 2022 1 minute read 1 comment douglas_cachazo

Learn about cryptocurrencies and Binance products Great option is available on the Binance platform to learn about cryptocurrencies and Binance products, complete academy available, there are many exchanges but only Binance offers a whole academy to...

What the FUD is FootballCoin?

19 Jun 2022 1 minute read 3 comments LeftFooted

I just got back from a trip to Venice with 'the boys' and one of them mentioned FootballCoin. "I'm telling you, man," he said. "FootballCoin is the next big thing." It definitely absolutely probably isn't. But still. So I humoured him and asked him...

Bitcoin Mega Dump Is Finally Happening - What To Expect In the Coming Days?

19 Jun 2022 1 minute read 2 comments Crypto by Targets

It has been more than couple months since I last wrote and posted on here.  I must say it is always nice to look back what you wrote previously and to compare what is happening now.   Recap previous BTC targets-  1. Bitcoin mega dump is happening 2....

Bitcoin Is Losing Ground in the Dark Markets

18 Jun 2022 2 minute read 6 comments Allen Taylor

Good morning! Today, my wife and I set sail (as in, hop in our Chevy Express 1500 van and travel from Pennsylvania to Texas). We’ll be on the road for about a week as we take our time and stroll through Virginia, North and South Carolina, Georgia, an...

Polycub - Different CUB, Different Chain, Same Pump & Dump

18 Jun 2022 2 minute read 2 comments PVM

When LeoFinance launched $CUB, the idea was innovative and fresh. Lots jumped on board for the ride of their life, but most just dumped the tokens when they got valuable. The projects keep evolving and developing, and the low $CUB price is a lie when...

Four (4) New Features and Improvements to Improve your NFT Trading Experience on Binance!

18 Jun 2022 8 minute read 0 comments Pompey Fintech Academy

Since the emergence of the first NFT- 'Quantum' minted by digital artist Kevin McCoy, mainstream adoption of NFTs have seen a parabolic growth and gradually becoming one of the most formidable concepts of crypto currencies with HODLing and trading it...

Binance & FTX Display Why They Are The Top Dogs

17 Jun 2022 2 minute read 2 comments Sapphire Crypto

The Number One Reason In all my years of business, I have seen businesses and even business empires fall due to one common cause, greed! You can easily identify if you suffer from the same problem. Did you set aside cash/stablecoins during 2021 and e...

MOVN promising project with the super APP in the M2E (Move to Earn) environment.

17 Jun 2022 1 minute read 0 comments FreedomBuilder

  📌 Introduction:- Movn is an M2E (Move to Earn) and at the same time Gamefi or decentralized finance of games on the Polygon blockchain and the BSC.- Movn we will be here the next weeks and the next months, it's not a Ponzy it's an ecosystem with a...

Bitcoin: Does an injured Whale(3AC) affect its surroundings? Probably!

17 Jun 2022 1 minute read 1 comment Eddyc

  Greetings Friends; Recently, one of the largest investment groups in the cryptocurrency world has entered a state of liquidation in some exchanges such as: FTX, Bitmex and Deribit. By reading the articles below or typing in the Twitter search bar...