Binance News, BNB Price Predictions, Opinions and Analyses Created by Users

Binance Coin (BNB)

1,548 Articles 1922 Followers

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.

Busy? Here are 5 ways to increase your BAT, BNB and BTC for free!

10 Jul 2020 2 minute read 6 comments MadMaxx

Before we get started, I'd like you to know that I do run a telegram group where I share my altcoin calls. So far, I've caught a 2x move on DOGE, FET, CTXC and TFUEL. Consider joining here. See you on the other side! Hello and welcome to another arti...

Binance Coin. All you need to know about in summer 2020

10 Jul 2020 4 minute read 0 comments lioha369

Today we will consider an extremely interesting digital asset, which officially appeared on the market in April 2019 as a separate blockchain. We will talk about Binance Coin: consider what it is; what are utilitarian tokens in general; What benefits...

Binance Celebrates It's 3 Years Anniversary By Giving Away 250.000$ In Prizes

10 Jul 2020 1 minute read 0 comments Zemiatin

Binance will be holding a giveaway for it's 3 year anniversary. The total amount will be 250.000$ worth of crypto and it will look something like this: 10.000 BNB Tokens 180.000 CHR Tokens  75.000 PNT Tokens     The competition will last one week...

Binance | Brazil says no to Bitcoin and cryptocurrency derivatives

10 Jul 2020 1 minute read 1 comment NassiroV

Image Source No, it's no - Brazil is known for being one of the most proactive cryptocurrency countries in Latin America. However, Brazilian regulators are after Binance and its offer of derivative products, deemed non-compliant. CVM versus Binance...

You Can’t Ignore These Bullish Setups Of Binance Coin (BNB) | Big Event 15 July 2020 Quarterly Burn

10 Jul 2020 1 minute read 0 comments moon333

Hi friends hope you are well and welcome to the new update on Binance coin. The CEO of binance Changpeng Zhao recently replied to a tweet that shows the expected BNB coin burn event on 15 July 2020.

Binance confirms the launch of the UK platform in autumn 2020

10 Jul 2020 2 minute read 0 comments deleted00024

In mid-June, Binance announced plans for a British crypto trading platform for the first time. The company has now confirmed an introduction in autumn 2020. Binance introduces a British crypto platform The UK platform will provide GBP and Euro deposi...

Expedia | Book over 700,000 hotels with your cryptocurrencies!

10 Jul 2020 2 minute read 0 comments NassiroV

Image Source The adoption of cryptocurrencies as a means of payment is happening before our eyes, day after day. This time, it is the association between the famous travel group Expedia and the young company, supported by Binance, which...

Binance's ripple tweet goes viral, sparking heated debate over the future of XRP

9 Jul 2020 1 minute read 1 comment deleted00024

Ripple is still the fourth largest cryptocurrency and therefore enjoys a certain prestige, but this position is not without controversy. In the past few weeks, the native cryptocurrency XRP had to give up its position as the 3rd largest cryptocurrenc...

TikTok fight club: DOGE 50x leverage being added to Binance Futures

9 Jul 2020 1 minute read 0 comments oceanloader4

    So unless you live in a cave you'll have seen that the TikTok gang have been trying to pump Dogecoin to $1.   We can talk about how that requires an impractically insane amount of money (and I did, here: A warning: XRP , price estimates, and mar...

Everything you need to know about the Swipe acquisition by Binance

9 Jul 2020 1 minute read 0 comments MadMaxx

Hello, and welcome to another post.I'm this article, I'd explain everything you need to know about Binance's acquisition of popular Crypto digital wallet, swipe. But first, a quick primer for those who are unfamiliar with Swipe. Swipe is a multi cryp...