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.


Binance will continue to oversee the Japanese market through strategic partnerships, confirmation from the CEO of the cryptocurrency exchange

4 days ago 1 minute read Roberto D. $0.09 tipped

We had already talked about it HERE, following an initial official communication, today the issue has become clearer, as always happens after each speech by Changpeng Zhao (the CEO of Binance); however, let's pick up the thread from the beginning, in...

TOP 5 CRYPTOCURRENCIES, Actuality NEWS BITCOIN, ETH, BINANCE COIN, XRP Security or NOT ?

4 days ago 1 minute read Digital Asset Thinker $0.34 tipped

Good evening everyone, here is my new video about the Actuality of Cryptocurrencies : Thank you for your hearing/reading. REMINDER : click here to  INSTALL BRAVE Browser and BE REWARDED IN BAT CRYPTOCURRENCY EVERYDAY FOR FREE (affiliate link)   Clic...

$140.6M in BTC are moved from Crypto exchange meanwhile a whale transfers $6.3M in XRP

4 days ago 1 minute read Tokenhell.com $0.65 tipped

An amount of $140.6M in Bitcoin (BTC) has been moved from a crypto exchange meanwhile a crypto whale transfers an amount of $6,320,422 in XRP. An unknown crypto whale has transferred 16,001 Bitcoin (BTC) worth $140,600,000 ($140.6M) from the OKEx cry...

Crypto Earn - Comparison (Updated 18 Jan 2020)

5 days ago 1 minute read tcss007 $0.19 tipped

Earning cryptocurrency interest via staking, lending, etc is gaining increasing popularity, especially among HOLDers. More and more platforms are providing such option as part of the overall service offering. In my first attempt to do a comparison of...

The biggest scam running that people think is legit

5 days ago 1 minute read goldhunter1 $0.22 tipped

Bitcoin Futures For some time I just thought I was entering and exiting with a few bad positions then I looked a little closer. I started to watch all the exchanges at the same time, making trades across multiple sites to see reaction, I was shocked...

Binance struggling with regulatory problems in Japan, the cryptocurrency exchange will block access to Japanese traders

5 days ago 1 minute read Roberto D. $0.12 tipped

The news came from yesterday and was published on the Japanese binance website, for which it is official; the cryptocurrency exchange, on the podium of the largest platforms for volumes traded globally, has communicated that it intends to limit acces...

Altcoins: May the bull run be with you!

5 days ago 3 minute read cryptovato1 $0.14 tipped

I recognize that I borrowed the title phrase from Star Wars. In the early 2019 we have seen sluggish sideway market in January and first part of February, then Altcoin’s wave started – peaking between April and June, depending  on each crypto. Bitcoi...

Binance coming back to Japan?

5 days ago 1 minute read glastar $0.02 tipped

Binance, known as the largest crypto exchange, started discussion with "Z Holdings", the major Japanese IT company aka Yahoo Japan, to negotiate for a strategic partnership with "Z Corporation"(subsidiary of Z Holdings) and "TaoTao", Japan based cryp...

Ripple is Nominated as the Best Workplace in 2020 by Fortune

5 days ago 1 minute read Tokenhell.com $0.30 tipped

Ripple, the third-largest cryptocurrency by market cap, ranked at the 25th position in the list of ‘’The 35 Small and Medium Workplaces in the Bay Area” released by Fortune.  Ripple is the only blockchain-based company that categorized as the best wo...

Binance will operate a separate exchange in Japan.

5 days ago 1 minute read alberdioni8406 $0.06 tipped

Recently, Binance revealed that will start restrictions for the users in Japan to acess their trading Platform. This Friday the Largest Exchange in the world, aunnounced that will tie hands with a Yahoo subsidiary, Z corporation and a local Cryptocur...