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 DEX versus CEX debate - How does the DEX measure up to the CEX?

7 Aug 2019 4 minute read Abhijoy Sarkar $4.17 tipped

The prosperity of the crypto market has had a lot to do with the success of centralized/custodial exchanges (or, CEX). This seems ironic since decentralization is one of the founding pillars of crypto. Moreover, a long trail of hacks and scams from p...

Binance BNB Holders Can Earn 8% Interest on Tokens They Own - Starting Today!

6 Aug 2019 1 minute read The Global Crypto Press Association $0.10 tipped

Just announced by Crypto.com is the addition of the BNB token to their interest earning platform, making them the first to offer interest payments for Binance's native token. Existing users will find instructions when they log into the app as previou...

Binance Research, Trump May Have Triggered The Latest Bitcoin Price Spike

4 Aug 2019 1 minute read cyprain $0.11 tipped

Binance Research, The research group of the world’s largest crypto exchange, claims that President Donald Trump’s speech about BTC and LIBRA may have caused the latest bitcoin price spike. Binance Research made the specious claim on Twitter, where st...

Blockfolio, how to synchronize all wallets in one app (Coinbase, Binance, etc)

2 Aug 2019 1 minute read Roberto D. $0.16 tipped

Binance, Bitfinex, Bittrex, Coinbase, Coinbase Pro, HitBTC, Kraken, KuCoin, OKEx, Poloniex. 10 exchanges to manage on different sites, but thanks to Blockfolio you can manage them and keep them AUTOMATICALLY synchronized all in the same app. In this...

EOS, BNB, XLM, TRX, ADA, XMR Price Prediction for August 2019

1 Aug 2019 6 minute read CryptoChartWizard91 $3.35 tipped

Here is part 2 for my August price prediction. If you would like some analysis on the top 5 projects for August, head on over to my last article over here. Bitcoin is finally heating up again after managing to claw its way back to the $10,000 level....

AIGO - The Future of Payment System

30 Jul 2019 2 minute read Saya $0.03 tipped

Introducing AIGO Platform This is a blockchain based ecosystem with integration of smart contracts chain which will create a new payment standard for all businesses via decentralization. On this platform, direct transfer of value between two parties...

Trust Wallet - The official binance mobile wallet

29 Jul 2019 1 minute read Medal182 $0.27 tipped

Hello, from now on we can trade our cryptos through the official Trust Wallet app, the binance encryption wallet that will also work with [Multi-Dex] support due to the integration of the Binance DEX and Kyber Network protocol. In addition to the eas...

HOW TO TRADE WITH TRUST WALLET APP ON BINANCE DEX

26 Jul 2019 2 minute read cyprain $0.03 tipped

In this article we will  BRIEFLY discuss Binance DEX and how to trade with Trust wallet app.  I included a video sample that explains in details how to go about the trade. Let us start with Binance Dex.  What is Binance Dex? For those of you who do n...

Cubiex eSports review

26 Jul 2019 3 minute read Flashback $0.04 tipped

The world of cryptocurrencies can be a risky environment for newbies. There are many seeds spread along the blockchain and many of them will never germinate, so be careful where you embark. Today I want to give a concise point of view about a project...

Try WINk before it is available for sale at Binance Launchpad

24 Jul 2019 2 minute read CEDCryptoCoin $0.04 tipped

    TRON based dApp, WINk is all set to launch its WIN token via Binance Launchpad. Interestingly, WINk, which was the first dApp to be launched on the TRON Ecosystem, has also become the first dApp based on TRON to launch its token on Bin...