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 For Beginners (Plus a Review!)

14 Dec 2018 1 minute read Crypto Quantamental $0.06 tipped

Joining Binance is basically a rite of passage for any crypto trader or investor. They are, in my opinion, the top alt coin exchange currently in the crypto ecosystem. They have a very strong line up of coins plus the best liquidity in the business. ...

Binance Adds 4 New Fiat: Euro (EUR) , Russian Ruble (RUB) , Ukrainian Hryvnia (UHA) and Kazakhstani Tenge (KZT).

3 days ago 1 minute read ModernEuler $0.01 tipped

Binance has been sustaining its leadership in crypto exchange. Everyday, the team adds new features, expands its operations etc. After partnering with Advcash, Binance, yesterday, announced that Binance  has now accepting the deposits and withdrawals...

Binance Is Giving Away $100,000 Worth Of IOST as a Result Of Continued Support!

5 days ago 2 minute read cwolfe211 $0.01 tipped

        I'll keep this short and to the point.  Binance is a top tier, highly respected platform for trading all kinds of crypto as well as being one of the most trusted.  It has a delightfully crisp and beautiful interface that is very easy to oper...

Safu Wallet Get Hacked!

11 Oct 2019 1 minute read Yasin $0.00 tipped

Ouriel Ohayon in a statement that Binance Chain-oriented Safu Wallet get hacked and Binance DEX official account   confirmed. Binance DEX advised users not to use SAFU Wallet. In a statement on the subject, Leo Cheng told the users of the wallet tha...

Binance USA CEO Gives EVERYONE $15 - How To Claim It…

25 Sep 2019 1 minute read The Global Crypto Press Association $0.00 tipped

Catherine Coley, CEO of Binance America gives all the details on Binance US! PLUS: All US based members will be banned from Binance and forced to switch — But you can GET $15 TO DO IT, if…. >> Continue Reading @ The Global Crypto Press… |

Curate Bitcoin 09/19/2019 by dobobs

19 Sep 2019 5 minute read dobobs $0.00 tipped

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of CURATION. Every investment and trading move involves risk. You should conduct your own research when making a decision. Current Market Pr...

MDA increased by 125% in 5 days against Bitcoin: Is Moeda Loyalty Points (MDA) bullish in the near future?

14 Sep 2019 3 minute read ModernEuler $0.29 tipped

We are in a position that there was only one direction in alts: down until this week. This week we have seen some sign of bulls coming into play in some alts. One of them is Moeda Loyalty Points (MDA). MDA increased by 125% in 5 days against Bitcoin....

Aeron CBM Token Listed

16 Aug 2019 1 minute read razeiv $0.00 tipped

Aeron, a Blockchain startup that digitalizes and secures aviation logbook data, announced that CBM, the token of its sub-project CryptoBonusMiles, had been added to Binance DEX. The users of the second largest decentralized exchange were able to st...

Binance/Tether (July 30) #BNB $BNB #USDT $USDT

30 Jul 2019 1 minute read CryptoStation $0.00 tipped

  #BUY Accumulate : 25-26$ Sell : 29.45$ Mid Hold : 38$ Stop : Under 25$ Buy back : 22.5-23$ https://www.tradingview.com/chart/BNBUSDT/V2TfJ82R-Binance-Tether-July-30-BNB-BNB-USDT-USDT/ Telegram : https://t.me/cryptostationchannel