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.

Cryptos Bulls Vs Bears Today 16/01/2020

6 days ago 1 minute read Danoskie $0.13 tipped

  Hello peeps,How are you doing today?It's another day on Cryptos Bulls Vs Bears The market has gone down with about -0.5%, causing great changes in some cryptos in the market.Although the bears have taken over, some cryptos are still gaining.Does it...

Binance Exchange announces to restrict access to Residents of Japan

6 days ago 1 minute read $0.21 tipped

The world’s leading crypto exchange Binance has decided to restrict access to the residents of Japan. Binance revealed this news in an announcement made on 15th Jan 2020 on Binance’s Japanese support website. In the announcement, the Binance exchange...

Binance may soon block Japanese users.

1 week ago 1 minute read alberdioni8406 $0.09 tipped

In a new development from the exchange, it's quite clear that soon, the main platform to trade crypto in the world will " restrict some trading functions" from Japanese users. It's not known, what  the Future reserve to the Japanese citizens that are...

which exchanges received the most illicit BTC obtained from suspicious activities 2019.

1 week ago 1 minute read alberdioni8406 $0.05 tipped

It's pretty interesting to follow the traces and found where is the largest quantity illicit BTC actually was sent and maybe negotiated. Being a criminal and wanna launder huge some of Crypto oblivious, this will take you to find an Exchange with liq...

Cryptos Bulls Vs Bears Today 14/01/2020

1 week ago 1 minute read Danoskie $0.17 tipped

  Hello peeps,Boom!That's the sound.The market is perfectly up again.Many cryptos have gained so well.Yes.The market is up with about 8.8%, causing the rise in the prices of most cryptos in the world.This did not affected some and that's why we have...

Binance AMA With CZ: Bitcoin Price & BTC Giveaway SCAM

1 week ago 1 minute read The Joker $0.32 tipped

Another scam on youtube: From the description of the video "Binance СЕО: In this AMA, We are discussing BTC price and talking about Bitcoin price prediction. Also, we prepared an airdrop of 10000 BTC to giv...

FTX Derivatives Exchange launched Bitcoin Options.

1 week ago 1 minute read alberdioni8406 $0.08 tipped

FTX derivatives exchange subsidized by means of binance launched bitcoin options late Sunday.The options launched by FTX derivatives exchange isn't available to the USA territory, and the options are tied to US dollar and may be traded additionally o...

14/1//2020 Price Update: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litcoin, OX(ZRX), STEEM, Steem Base Dollars (SBD), Basic Attention Token, Bitshare, DAI, XRP, EOS, Binance coin, Huobi token, Maker

1 week ago 1 minute read Danoskie $0.14 tipped

  Hello,How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 14/1/2020HAPPY NEW YEAR!Hurry!The bullish trend is back and better.The market is currently up with about 5%, causing clear increase in prices of almost all the cry...

Cryptos Bulls Vs Bears Today 13/01/2020

1 week ago 1 minute read Danoskie $0.15 tipped

  Hello peeps,How are you doing today?It's another day for the Bears and the Bulls game.Today, the market is currently down with about -0.51% which just brought down soo many cryptos to the ground.This to an extent did not really affected all the cry...

Ethereum team lead explains the initial stage of ETH 2.0 network

1 week ago 1 minute read BitcoinNews.Today $0.15 tipped

Ethereum’s team lead has explained the Phase 0 of Ethereum (ETH) 2.0. The team lead has presented details about this stage of the Ethereum 2.0 network. Ethereum 2.0 phase 0 is the initial stage of the ETH2 Proof-of-stake network. Phase 0 stage is als...