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 burns $166 million

20 Jan 2021 1 minute read 2 comments Gamma

166 million dollars less in BNB   The Binance platform has just executed its token "burn" operation on a quarterly basis, destroying 3,619,888 BNB, or approximately US$166 million. This is the largest BNB burn ever recorded.     As a result, Binance...

Top Things You Should Know About Alpha Finance (ALPHA)

20 Jan 2021 8 minute read 0 comments MuyAsk

Hey guys :) I’m back with another comprehensive Q&A piece, this time for the cross-chain DeFi platform driving DeFi into the next stage of innovation – Alpha Finance (ALPHA). Alpha Finance is an ambitious DeFi platform with developers backed by VC th...

Traphouse Earnings - 6 days with almost 1% daily profit

20 Jan 2021 1 minute read 0 comments Makingdigital

Have you already become friends with cashflow? Trust me, you need it. You have to receive income every day. Don't wait for the 30th of each month to get your check. It is more satisfying to receive daily dividends, even if they are small. After this...

Binance Launches Polkadot Powered DOTECO Futures Contract

20 Jan 2021 1 minute read 3 comments Novasky

Polkadot adoption is going pretty strong in 2021. Many new projects are picking up polkadot for their contracts and defi projects. This time Binance, the largest crypto exchange has decided to jump in with the new project with polkadot behind it.  La...

Binance has burned a record amount of BNB: 140% more

20 Jan 2021 1 minute read 0 comments zeron

Crypto currency exchange Binance has completed the 14th of its BNB burn for each quarter. Accordingly, the stock exchange has forever removed 3 million 619 thousand 888 BNB from circulation. The amount is equivalent to approximately $ 166 million at...

🔥 Binance burning a lot of BNB tokens!

19 Jan 2021 1 minute read 0 comments resiliencia

Hello! I've been interested in the BNB token for some time. I don't believe that Binance is a perfect exchange, in fact, I don't agree with some of their actions, but they are a beast at marketing.They know how this universe works, and know how to ha...

Coinmarketcap X 1inch || Learn & Earn Program.

19 Jan 2021 1 minute read 0 comments FreedomBuilder

  📈 1inch is Already Listed on Binance Exchange. 🏦 Go to Binance and get your UID "User ID".  ✈️ 1inch Learn & Earn Program. 🔶 Tasks:📌 Sign up at CoinMarketCap & login. 📌 Follow the link to 1inch Learn & Earn Program.📌 Get your your UID "User ID" in...

Swirge Update ~ Matic Network, Referral Rewards & Much more

19 Jan 2021 1 minute read 0 comments Navi.

I've been following Swirge from the past few months and the progress is quite an awesome example of true decentralisation. Here are some recent Updates of SWIRGE in case you missed them.   Referral Rewards 👀 Promotion if any platform is based...

I explored a new DeFi world on Binance Smart Chain (BSC) - Pancakeswap

19 Jan 2021 3 minute read 0 comments raamesa

DeFi rocked 2020. Although not on the limelight at this point in 2021 compared to the ongoing BTC and ETH rally, it is still the most impressive trend in crypto. This new year will definitely see new defi projects come and go. I have been really amaz...

The Beginning of the Shift to DEX

19 Jan 2021 2 minute read 0 comments Bit Media Buzz

The last few weeks have been a wild ride in cryptoland with Bitcoin leading the charge and a number of altcoins joining in. Ex-US Treasury secretary, Lawrence Summers, has even been quoted as saying that Bitcoin was “here to stay”. No surprise that r...