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.


The Binance news that will leave you happy today

22 Aug 2019 1 minute read Rubika Ventures $0.21 tipped

It is surprising how Binance, the exchange with the highest volume in the cryptocurrency market, has been evolving since 2017. The best thing is that every day it keeps its community animated with surprising news. That’s why today we bring you two ne...

Felixo Exchange Earn 2k tokens FLX FREE

22 Aug 2019 1 minute read lancelot7 $0.11 tipped

Pumping airdrop Felixo 2 mi tokens FLX +1 mil per referral Paying Airdrop let's earn 50 $ in Felix 5,000 coins the minimum withdrawal to wallet ethereum erc 20. Felixo Exchange released the withdrawals Having 5,000 coins can withdraw just indicate...

BlockBurn: AMA conference at The BW Exchange TG Group..

22 Aug 2019 2 minute read alberdioni8406 $0.12 tipped

BlockBurn $BURN Token project will be in AMA conference at the Telegram channel group of BW Exchange on Friday 23 at 19:30 Hong-Kong Time,there is a reward of 30 $BURN Tokens for each approved question that will be sent to the Group that will be made...

Binance Authority Twitter Record Hacked

20 Aug 2019 1 minute read goldenforex $0.08 tipped

The official Binance Jersey Twitter record was hacked by an unknown client @LightningNetwo9. As per a programmer's tweet on Binance Jersey, he is a security scientist with philanthropic thought processes. The programmer asserts that he could utilize...

Altcoin 08/19/2019 by dobobs

20 Aug 2019 4 minute read dobobs $0.02 tipped

Live Cryptocurrency Market by: Coin360.com Price Analysis 19/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM [cointelegraph.com] The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Coi...

BlockBurn: Listing in BW Exchange what to Expect.

20 Aug 2019 1 minute read alberdioni8406 $0.12 tipped

The last week was Epic to the Blockburn Project and was surely a very intense week and all Community participated in Mass and very engaged to make the Brand BlockBurn very visible in the crypto space. Finally the $BURN token is live and Trading at BW...

Review the EDC Blockchain wallet for Android

19 Aug 2019 4 minute read afif $0.05 tipped

   Hello Friends, this time I will bring back the topic of the EDC Blockchain especially is the experience of using an EDC wallet for Android smartphones.We need to know that in terms of the volume of devices used, Android dominates iOS with a large...

Binance creates analog stablecoin Libra

19 Aug 2019 1 minute read ihodl25 $0.10 tipped

The world's leading cryptocurrency exchange Binance has announced plans to launch a “regional version” of Libra called Venus. According to an official statement, the main idea of ​​cryptocurrency is to deal with the existing financial hegemony, takin...

Bitcoin 08/18/2019 by dobobs

18 Aug 2019 4 minute read dobobs $0.04 tipped

Live Cryptocurrency Market by: Coin360.com 한 줄로 읽는 암호화폐 뉴스(Daily Crypto News, 08/19) [coinpress.co.kr] [굿모닝 비트코인] 0818 비트코인 연말까지 13,000달러 넘을 것, 8,000달러 이하로 하락할 가능성도 낮아.. 백트 출시 전 상존하는 낙관론과 비...

Pledgecamp - Crowdfunding platform next generation into Asia - Pacific

18 Aug 2019 1 minute read Cryptonewscom $0.13 tipped

Pledgecamp is the next generation Crowdfunding platform using blockchain-powered escrow contracts. At the peak of the 2018 ICO, PledgeCamp became the dominant topic when the sister of Founder Facebook - Mark Zuckerberg, Randy Zuckerberg, participated...