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.


Finding Trust and Value in BNB (Binance Coin) - A Noob's perspective!!

5 days ago 10 minute read Nibu P Rajoo $3.53 tipped

Short Intro You may have come across various charts plotting the price of BNB, how good or bad it can be. The language of charts can be decoded by a few, and I will put it as a mere 20% of the entire crypto crowd. Rest 80%, may understand a little or...

Bitcoin 08/18/2019 by dobobs

6 days ago 4 minute read dobobs $0.04 tipped

Live Cryptocurrency Market by: Coin360.com 한 줄로 읽는 암호화폐 뉴스(Daily Crypto News, 08/19) [coinpress.co.kr] [굿모닝 비트코인] 0818 비트코인 연말까지 13,000달러 넘을 것, 8,000달러 이하로 하락할 가능성도 낮아.. 백트 출시 전 상존하는 낙관론과 비...

Cryptocurrencies in times of financial instability

6 days ago 1 minute read beachbummer $0.06 tipped

We are living in uncertain times caused by various events happening around the world. Protests by a third of a country's populace, hyperinflation, imposition of tariffs for global trade are just some of the recent events. Cryptocurrencies have been s...

Bitcoin 08/17/2019 by dobobs

1 week ago 4 minute read dobobs $0.09 tipped

Live Cryptocurrency Market by: Coin360.com 한 줄로 읽는 암호화폐 뉴스(Daily Crypto News, 08/18) [coinpress.co.kr] [굿모닝 비트코인] 0817 백트, 다음 달 비트코인 선물 출시 확정, 홍콩 시위대 뱅크런 선언.. 비트코인 상승 힘입을까? [blockmedia.co.kr] Pri...

Good Hacker - A Help to Binance Jersey

1 week ago 1 minute read Medal182 $0.10 tipped

A 'white hat' hacker, as hackers who follow the security side are known to invade, but within the law and ethics, compromises Binance Jersey's Internet domain name along with their Twitter account. .     Exchange Binance Jersey reported on August 16...

Binance's new exchange dedicated for US citizens

1 week ago 1 minute read Cryptonomist $0.04 tipped

Binance has announced that it will open a crytocurrency exchange dedicated for US citizens within 2 months from now. Due to uncertainties over US regulatory situation, Binance.com had earlier stopped catering to it's US based users promising to start...

BW Exchange will be a Massive Fuel for Blockburn Project.

1 week ago 1 minute read alberdioni8406 $0.06 tipped

BlockBurn is already listed at BW Exchange and this surely will become a Fuel for the Crypto that has been performing quite good on the markets where has been trading. Deposits will start today 16.08 and trading begin on Monday 19.08 and withdrawals...

Binance adds new ordertype OCO (Order cancels order)

1 week ago 1 minute read Spigfish $0.43 tipped

Binance will perform a scheduled system upgrade starting at 2019/08/15 02:00 AM (UTC). The upgrade will take approximately 6-8 hours. What is a One-Cancels-the-Other Order - (OCO)   A one-cancels-the-other order (OCO) is a pair of orders stipulating...

Binace Jersy Partners with payment giant caspian to provide fiat trading

1 week ago 1 minute read CryptoArgha $0.23 tipped

World's largest bitcoin Exchange binace European British version binance Jersey has announce a partner with a payment giant caspian to speed up the payment system in fiat currency Few days ago Binance jersy ceo announce that they will speed up their...

Binance is going List 30 Cryptocurrencies in Their Exchange

1 week ago 1 minute read cRyPto TigAr $0.12 tipped

A recently news by Binance exchange up the well-known crypto. Binance exchange disclosed that it's choose add other free crypto tokens, withen Bitcoin, and Eth , 😱 And an other stablecoins USDC along Binance’s token BNB. Currently, Binance U.S. has d...