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.

Ripple is Nominated as the Best Workplace in 2020 by Fortune

1 week ago 1 minute read $0.32 tipped

Ripple, the third-largest cryptocurrency by market cap, ranked at the 25th position in the list of ‘’The 35 Small and Medium Workplaces in the Bay Area” released by Fortune.  Ripple is the only blockchain-based company that categorized as the best wo...

OGN tokens hit Binance for trading! 100% price change over first day

2 weeks ago 1 minute read TheCryptokeeper $0.31 tipped

Origin tokens (OGN) have gone live for trading on Binance, this means over the next couple of days you can score some decent profit shorting the market, regardless of how useful they may or may not be.....but how useful are they in the long run? The...

Latest Binance Art News and Announcements Compilation

2 weeks ago 7 minute read Rubika Ventures $0.30 tipped

Hi Rubikators! In these last uncertain days in the market we have left the news aside and we have dedicated ourselves more to technical analysis. That is why with this article we want to list the latest news and announcements that Binance made in rec...

Investment Time

3 days ago 1 minute read favicon $0.29 tipped

Disclaimer: I'm a terrible gambler, and as a result, a terrible trader. My investments are long term, and have some kind of passive revenue attached to them. Decided to re-allocate (The fall of DigixDAO) some funds, and here's what I decided to get i...


2 weeks ago 1 minute read Infospreneur $0.26 tipped

Hello everyone,   Today was a day very particular for the Ripple as we saw some interesting movements, due to fundamentals.  To start with, the price went up by 10% after Binance, the most known exchange platform, announced the launch of Futures base...

Bithumb will invest over $8M for blockchain development in Busan’s “Regulation-Free zone”

2 weeks ago 1 minute read $0.26 tipped

Bithumb crypto-exchange will invest more than $8 million for blockchain development in the regulation-free zone of Busan city. This news is released on Thursday by the Ministry of SMEs and Startups of South Korea. According to the announcement, the l...


3 weeks ago 1 minute read Digital Asset Thinker $0.26 tipped

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10/1//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

2 weeks ago 1 minute read Danoskie $0.25 tipped

  Hello,How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 10/1/2020HAPPY NEW YEAR!The bears have taken over the market again, causing the losses and downs of about -2.3%.This is not good for a fresh year.What a bad time i...


1 day ago 1 minute read Digital Asset Thinker $0.25 tipped

Hi there , I wish you a fantastic day. Here is my new video about #Binance and @Brave Browser :   click here to  INSTALL BRAVE Browser and Be REWARDED In BAT CRYPTOCURRENCY Everyday for FREE     Click here to Earn Hundreds of XLM for FREE while Lear...

Fire in Australia, Binance gives $ 1 million

2 weeks ago 1 minute read CryptoArch $0.24 tipped

Binance platform has decided to create an extensive donation program to help Australia, suffering violent fires since few time. The current balance sheet is more than 319,000 hectares of forest reduced to ash and more than one billion animals died in...