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.


How to Calculate Binance's Margin Interest Rates

4 Sep 2020 1 minute read 0 comments cryptoforcanadians

If any of you margin trade on Binance, then this post is definitely for you. Prior to writing up this post, it surprised me to find out that a lot of people who trade on margin don't even know how much interest they pay to borrow the funds. When I di...

Price Analysis | BTC, BAT, BNB and ETH: More downside or relief for altcoins?

17 Sep 2020 2 minute read 0 comments MadMaxx

A friendly reminder that every set up in this post is given in my telegram group with entry, exit and stop loss placement. Check here if you're interested! Hello and welcome to another analysis. I've been absent from Publish0x for about 5 days now, m...

Polkadot Flips ChainLink As BNB Rises To Fifth Position!

14 Sep 2020 1 minute read 4 comments Sapphire

It Has Happened A while back I mentioned the possibility of DOT dethroning LINK from the number 5 spot on Coinmarketcap. Well, DOT has flipped LINK but BNB has surprised both to slip in and steal the number 5 position. At the time of mentioning this...

Gemini Trading Widget Now Available on Brave

28 Aug 2020 1 minute read 6 comments Abhi K

On August 27, the Brave browser revealed that it had integrated a Gemini trading widget that allows users to buy, sell and trade crypto that is supported by the exchange.  Gemini is the second exchange to receive a trading widget on the increasingly...

How the Uniswap (UNI) token distribution made the crypto market unstable

15 hours ago 2 minute read 14 comments PVMihalache

Never take your foot of the gas, cause you are as good as your last plate - Chef Gordon Ramsey I covered the Uniswap distribution yesterday in a quick post but as Chef Ramsey was saying, you are as good as your last post, and that post was mediocre...

Binance: 7% Cashback of its Visa Crypto card

19 Sep 2020 1 minute read 17 comments Gamma

Binance unveils cashback levels for its Visa crypto card The Binance card will offer a cashback for every purchase made with the card.Here are the cashback amounts that Binance offers you starting at least October 2020 To activate the cashback you mu...

Binance Launchpool: Wing (WING) for BNB holders

15 Sep 2020 1 minute read 17 comments PVMihalache

The second project of Binance Launchpool went live today and WING tokens will be distributed daily to users staking Binance Coin (BNB) Binance USD (BUSD) and Ontology (ONT). Wing (WING) is a credit-based cross-chain DeFi lending platform built on the...

Top Coins To Trade & Hodl With Extremely Low Transaction Fees

22 Aug 2020 2 minute read 25 comments Sapphire

Inexpensive To Move For those of you who have not yet realized how expensive gas fees for ETH have become, you might be in for a shock next time you want to send some ETH or your favorite ERC20 token. Currently, it will cost you a couple of dollars,...

Binance and Oasis Labs are Working on an Intelligence Sharing Platform

28 Aug 2020 1 minute read 1 comment Abhi K

Blockchain and cloud based privacy firm Oasis Labs has joined Binance’s CryptoAlliance to improve security in the crypto space by developing systems to combat fraud, according to an announcement made on August  27. Oasis Labs will work with Binance...

Interview: Binance CEO Changpeng Zhao (CZ)

12 Aug 2020 1 minute read 4 comments boxmining

CZ needs little introduction - he's the CEO of Binance exchange, the biggest crypto exchange in the world. We're having a live discussion with CZ about the recent develops in the cryptocurrency space, including the rise of Decentralized Finance (DeFi...