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.

Binance, Eosfinex, EOS Nation and EOS Cannon are Approving Updates of EOSDT Contracts

22 May 2020 1 minute read 4 comments EquilibriumEOSDT

Equilibrium strives for full decentralization. The governance framework that drives the updates to Equilibrium is now also decentralized, depending on multiple entities working together. Binance is the newest, biggest name on this list, joining an EO...

Mining into Bitcoin Addresses ! - How a Bitcoin Address is Created ?

22 May 2020 3 minute read 0 comments CryptoUser

The correct way to create a Bitcoin address is to use well tested, open source, peer reviewed wallet software. Manually handling keys has resulted in funds loss over and over again. Unlike other centralized systems losses in Bitcoin are usually unrec...

Analysis of the "simplest way to stake" with Binance

22 May 2020 3 minute read 3 comments XawPublish

Some comments about a recent article I wrote about my crypto interest in April recommended to invest in staking Tezos and Cosmos tokens. So, I've searched those tokens and the easiest way of implementing staking for my personal case. As already clien...

Binance-backed TravelByBit Buys Travala, A Boost for Crypto Adoption

22 May 2020 1 minute read 1 comment Abhi K

TravelByBit has merged with Travala, according to an announcement made on May 20. The two platforms had previously accepted payments in cryptocurrencies, but the Binance-backed merger now makes the combined service now makes them an especially large...

Amazing decentralised alternatives to centralised services!

22 May 2020 1 minute read 1 comment MadMaxx

Hello, and welcome to today's post. In this article, I would be going over a few decentralised alternatives to certain widely used centralised apps. The mantra of crypto is that the power usually given to only one person is split among everyone using...

Travala token AVA will merge into Travelbybit PLATFORM as utility to flight bookings.

22 May 2020 1 minute read 1 comment alberdioni8406

Travala native token AVA will merge into the TravelbyBit  platform as utility asset to book flights, the leading Blockchain accommodation booking platform announced the strategic partnership today (May 20) with Travelbybit. TravelbyBit is a cryptocur...

Nano: It's instant, fast with no fee.Check for ways to earn easily and trade-in Brave Browser.

21 May 2020 1 minute read 5 comments Dakaid

Nano a new cryptocurrency that focuses on the idea of no transaction fee is regaining popularity. Nano is also fast, instant, and can be easily traded through the Binance Widget in Brave Browser. Nano was first introduced in 2015 in the name of RaiBl...

BitMax introduces ONE staking - a whopping 68%!

21 May 2020 1 minute read 1 comment manilpwn

Today BitMax finally began allowing staking Harmony ONE, alongside their already existing staking products - KAVA, XTZ, and ATOM, all available to be staked at reasonable rates of returns comparable to other exchanges.   However, today BitMax introdu...

Will investing make you rich?

21 May 2020 1 minute read 2 comments Kek

Will investing really make you rich?A very basic question with a complex answer, what you need to understand is the circumstances of investing.Investing exist in a lot of different forms like real estate investing, stock investing and cryptocurrency...

Phoneum Cloud Earning Mobile App - Passive Crypto Rewards + Gaming Ecosystem . Payment Proof inside Post!!

21 May 2020 1 minute read 1 comment Airdrop Radar

phoneum is a true mobile-only cryptocurrency, designed to deliver a simplified user experience and platform that enables all users, regardless of technical aptitude, to fully participate in the new cryptocurrency economy.                            ...