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.


YOU MAY NEED TO SWITCH TO BRAVE BROWSER NOW.

11 Mar 2020 2 minute read 1 comment AndersonFrancis

THE ORIGINAL STORY😝: It all began like this; I started becoming a fanatic so to speak, for cool awesome sites, especially the pretty ones like the king of PTC. But my phone was jumbled up with a lot of apps and stuffs; a million years of research wor...

Buy Bitcoin where you should? 3 comparing platforms.

11 Mar 2020 2 minute read 0 comments Alessandro Sciacchitano

Where you should Buy Bitcoin? Today I decided to see three platforms where you can buy bitcoins, trying to figure out the pros and cons and where it is most economical to buy them. The three platforms in order to buy bitcoins I examined are: Coinbas...

List of Binance (BNB) Partnerships (2020)

11 Mar 2020 14 minute read 3 comments list3r

Binance has an extensive network of partners - and that’s not counting the several interesting projects that are launched on the Binance launchpad. Looking at this list of partners, you can see that there seems to be a focus on decentralized finance...

I Just Read Binance's Steem Backpedal Blogpost. Here's What I Think About It.

11 Mar 2020 4 minute read 8 comments SkinnerCrypto

So, about a decade ago, a dream was born from the mind(s) of an Individual(s); HEY! Let's have ourselves a super kick-ass Electronic Cash System that can't be controlled by monolithic central banks or other centralized entities! And the dream came tr...

Binance: Mistakes have been made! Is Binance admitting faults?

11 Mar 2020 2 minute read 0 comments bitcoindelight

A mentor of mine told me once 'look where the money goes, that is where the big dollars are earned'. Not sure if he came up with this by himself or if its origin is somewhere else. But that was the first thing that popped into my mind when I read the...

Stocks are getting affected globally, Bitcoin would be a safe heaven for the world economy!

10 Mar 2020 1 minute read 3 comments NewsBitcoin247.com

Stocks are getting affected globally due to the ongoing events that have left the traders in shock. On March 10, among the crypto traders all had mutual understanding and agreement as they all waited for possibly the worst scenario for Bitcoin(BTC),...

BNB market big market deeps today 10/03/2020

10 Mar 2020 1 minute read 1 comment Danoskie

  Hello peeps,How is your day going?Today's is another day for crypto currency investors.Most Binance coins are shitcoins which when invested in, makes more profit than some big boys cryptos.For example, when you use about a hundred dollars to buy a...

Five Projects Laying the Crypto Foundations in Africa

10 Mar 2020 6 minute read 10 comments AnalystX

Africa is considered one of the world’s last great growth regions.  In the coming years the population across the continent will double to over 2 billion, but the GDP will go 10-20x. Since many African nations are still considered developing economie...

Changelly + Binance: increasing the list of exchangeable cryptos with BUSD stablecoin

10 Mar 2020 2 minute read 0 comments Changelly

Changelly space team has strengthened its position on the crypto market by adding Binance stablecoin BUSD to the list of supported currencies. Binance USD (BUSD) is a stablecoin backed by the US dollar. BUSD was created and listed on Binance in Septe...

How Centralized Exchanges Flip Native Assets to Play Both Sides of the Coin

9 Mar 2020 4 minute read 0 comments BlockchainAuthor

Exchange Coins Are Self-regulated Licenses to Print Digital Money Bitcoin sprang from its anonymous creator’s desire to circumvent conventional finance’s untrustworthy intermediaries. Unfortunately, cryptoassets permit the continuation of questionabl...