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.


Newbie Quest: Understanding Binance Coin (BNB)

24 Jan 2021 2 minute read 2 comments Steven_BA

I will delight you again today with a new episode of the mini-series Top 100 crypto-currencies. You can check my previous four episodes also below: Newbie Quest: Understanding Stellar Lumens (XLM) Newbie Quest: Understanding Uni(corns) Newbie Quest:...

COBO Wallet Adds Support For Binance Smart Chain

24 Jan 2021 1 minute read 0 comments Sajjad570

Popular crypto wallet COBO has announced the integration of Binance smart Chain to the COBO wallet and COBO custody. This integration will allow COBO users to enjoy the benefits of BSC blockchain including zero fees, faster translations and BSC Dapps...

Pornhub: Now accepts XRP, BNB, USDC and DOGE

24 Jan 2021 1 minute read 1 comment Gamma

Pornhub users can now use 4 new crypto-currencies to pay for premium services on the site   More and more fans to accept blockchain payments - BNB from Binance, XRP from Ripple and stablecoin from Coinbase USDC and Dogecoin are now accepted as paymen...

I switched from Ethereum to Ravencoin mining

23 Jan 2021 1 minute read 4 comments Mchoeti

Mining Ethereum with 4GB cards ends Dec 2020 Well it was late in December 24 since Ethereum reached the predicted block size. This means it is no longer possible to mine Ethereum with 4GB cards. It was a really nice income over the laste years but it...

How to Buy Ripple and Send To Binance On Airtm

23 Jan 2021 1 minute read 1 comment Hephaistos

Hi I would like to give information about buying Ripple (XRP) and sending to Binance on Airtm in this post. I assume that you have verified Airtm account and deposited enough amount. If you don't have Binance and Airtm account yet, click Binance and...

$CAKE TOKEN HITS $1 (PANCAKESWAP)

23 Jan 2021 1 minute read 3 comments EliteHodler

Today is a special day for $CAKE holders and the Pancakeswap community, because the PancakeSwap token has hit $1 per token. Pancakeswap's all time high was $1.42 (according to CoinGecko). However, it went as high as $5.33 on the CAKE/BUSD pair on Bin...

TrapHouse Staking Hoes - My current Earnings

23 Jan 2021 1 minute read 1 comment Makingdigital

A few days ago I provided some evidence of how my Drugs V2 Token deposit was doing in the Traphouse Vault. I had to make a sudden change and move my tokens to the Staking area. Traphouse allows Staking with Hoes, while we have them frozen we will be...

BinanceAcademy - Cryptocurrency Trading eBook - where to get it & what I took with me

22 Jan 2021 3 minute read 0 comments Joergo

Well, Binance Academy provides useful information, if you search for a specific topic. If you just want to dive into something, there may lack a proper overview. They published an eBook which dealt with the situation to gently introduce you to a ran...

CAKE skyrockets in price $200 IN PROFITS

22 Jan 2021 1 minute read 2 comments Makingdigital

Do you have Cake in possession? You better than yes dear friend. Cake is skyrocketing in price and this translates into fantastic news for all of us working at PancakeSwap. Right now at $ 0.85, you can close the day above the dollar, if you achieve s...

PornHub Adds XRP, BNB, DOGE and USDC as Payment Options

22 Jan 2021 1 minute read 7 comments Abhimanyu Krishnan

Adult entertainment site PornHub has added support for payments in XRP, BNB, DOGE and USDC, as of Jan 21. With over 3 billion monthly visitors, PornHub stands to gain a lot from cryptocurrency payments, especially after the suspension of Visa and Ma...