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.


Selfless Do-Gooder on the Front, Greedy Lawless Entrepreneur on the Back - This Is the Story of Sam Bankman-Fried's Downfall.

25 Nov 2022 3 minute read 2 comments ssaurel

Tuesday, November 8, 2022, Sam Bankman-Fried had $16 billion. On Friday, November 11, 2022, this young lord of cryptocurrencies had nothing left. His firm FTX is bankrupt. Never has a large fortune vanished so quickly. Never has a financial collapse...

WEEKLY PRICE DIGEST: BTC, BNB, ETH, LTC & BCH

25 Nov 2022 1 minute read 0 comments SimpleLearn

This trading week is quite short. On Thanksgiving Day in America and on Black Friday, the American trading session is shortened. From the events of this week, it’s worth noting the statements of a large digital broker, Genesis, that it could go bankr...

Hooked Protocol ($HOOK): Binance Launchpad (Thoughts)

25 Nov 2022 4 minute read 0 comments bengy

  Wow... I feel like it has been several ages since the last Binance Launchpad... I guess in a bear market, there aren't that many projects launching, but those that are are getting a good deal of free and quiet air as there is very little hype arou...

RUN DAY BLOG STEPN #16

25 Nov 2022 1 minute read 0 comments damorf

Welcome to all of you crypto walkers and runners! Today i have run 20 min and 32 sec, at about 5.50 min / km, doing 3082 steps, covering 2.78 km. I used 4 energies. I received 31.78 GST and a level 2 box as a reward. I have unlock one box level 2, f...

The head of Binance rocks the boat yet again

25 Nov 2022 1 minute read 0 comments Stormgain

A deleted tweet by Changpeng Zhao (CZ) criticising Coinbase's reserves caused discontent among the professional part of the crypto community due to its obvious destructiveness. Many reminded Binance's leader of his direct role in FTX's collapse. We r...

BTC Daily Technical Analysis: Is it the calm before the storm? / Vitalik is preparing the next move!

24 Nov 2022 1 minute read 2 comments FreedomBuilder

Today the BTC does nothing and even less than the S&P 500 and the Dollar which are also in sleep mode, we can say the Thanksgiving effect.       Soon a short opportunity on APT, I'm just waiting for the BTC and ETH to end their short squeeze to clea...

Do Binance/CZ’s Moves Pointing to Regulator Issues?

24 Nov 2022 4 minute read 1 comment Cje95

While many have been quick to look into FTX and SBF as the source of controversy and rightfully so for the collapse of an exchange and one that was "reputable" at that there are always three sides to a story, one party, the other party's, and the tru...

Wahey!! Binance is the biggest best most capitalized bank EVAH!!!!! Hail to the KING!!! No wonder the FT won't talk about it

24 Nov 2022 2 minute read 2 comments Dave Sawyer

Crypto lovers, we worship the ground y'all walk on.  The plants bloom when ya walk by baby!! So good to meet ya here on the next generational Publish0x!!  This is ah ha ha ha!!! a PUBLIC SERVICE announcement!!  The penny finally dropped when we figur...

How to choose a suitable cryptocurrency for investment — features and nuances

24 Nov 2022 5 minute read 0 comments Jane Hero

Many people are interested in buying foreign currency, many are trying to find a suitable option that will be optimal and profitable for them. However, most people who plan to make such investments are wondering how to know what crypto to buy. This q...

Nomis Protocol - Scoring and Credentials for Better DeFi Products

24 Nov 2022 2 minute read 2 comments PVMihalache

The Cryptoverse expands and evolves constantly, and Web3 implementation will solve many DeFi issues. Nomis plans to enhance DeFi loans by making available the best-in-class credit score solution to make crypto loans undercollateralized. Nomis is an o...