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.

ThetaToken/Bitcoin (16 May) #THETA $THETA #BTC $BTC

16 May 2019 1 minute read CryptoStation $0.00 tipped

THETA has reached the resistance and I don't think it can pass unless it completely breaks 1500sts zone and closes 12H candlestick above 1500sts. THETA is turning to a short-term downtrend to 900stsI think we can buy THETA at 890-900sts, but it is st...

Binance announces the end of update, business will be back to normal and new promo launched

16 May 2019 1 minute read Mamaecrypto $0.00 tipped

Looks like Binance is ready to put the recent Hack event behind and move on as the bull market kicks in. The exchange performed a series of updates to enhance the security of the platform. And today, after extending their update for an additional 2 h...

Cosmos/Bitcoin/Tether (14 May) #ATOM $ATOM #BTC $BTC #USDT $USDT

15 May 2019 1 minute read CryptoStation $0.00 tipped

  ATOM had some reversal signs, but this is a new coin and it's not a good buyzone to keep long-term If you don't have ATOM, you can buy at 50000sts or 3.8$ Recommend selling area in this wave : 55000sts or 4.5$ Stoploss if price is lower than...

Storj/Bitcoin (15 May) #STORJ $STORJ #BTC $BTC

15 May 2019 1 minute read CryptoStation $0.00 tipped

STORJ is in a good buyzone and here STORJ can rebound nicely. Unfortunately, the good buyzone has passed, at 2700. However, I think we can still buy at this priceStrategy for STORJ, buy a half at 3000sts and a half at 2700sts. And wait to sell at 390...

Litecoin hits 99997,9 USD per coin ATH!

14 May 2019 1 minute read kingscrown $0.00 tipped

This is not a joke and not from some illiquid exchange.This happened today on Binance at LTC/PAX pair. Keep in mind withdrawals from Binance are closed until todays maitenance that will take 5-6 hours. Sick things may be happening till then. So now...

DENT/Bitcoin (14 May) #DENT $DENT #BTC $BTC

14 May 2019 1 minute read CryptoStation $0.00 tipped

DENT is showing us the possibility of deep price range of 8-9sts. This is strictly according to technical analysis so you shouldn't worry.From this price range, we should consider buying DENT and constantly checking on DENT's long-term project devtea...

PundiX/Bitcoin (14 May) #NPXS $NPXS #BTC $BTC

14 May 2019 1 minute read CryptoStation $0.00 tipped

  NPXS has dropped a lot from the peak of 22sts and now only 8-9sts. However, NPXS will continue to decrease to 7sts. But here it will be very diffitcult to buy so I recommend ordering at 7sts and 8sts NPXS after hitting 7sts (or maybe the worst c...

Ethereum/Tether (14 May) #ETH $ETH #USDT $USDT

13 May 2019 1 minute read CryptoStation $0.00 tipped

We have succeeded with the last ETH signal. However, the market is becoming more active and making ETH grow beyond my expectationCurrently ETH has broken the Rising Wedge formation but it needs to get over 200$ zone otherwise the Wolfe wave will kill...

Binance will resume deposit/withdrawal on Tuesday

13 May 2019 1 minute read Turtle_Girl $0.00 tipped

After a major Hack binance will continue deposit and withdrawal on tuesday , exchange lost 7000 BTC but the founder CZ Binance anounces that the funds that are lost would be compensated through safe funds box. Binance stated that they have implement...

Exposing Binance: Who Stole 7,000 Bitcoins?

12 May 2019 3 minute read plachpalach (Andrew Cherkasov) $0.00 tipped

The hacking of the leading crypto exchange Binance, which occupies almost half of the entire market, did not affect the savings of the clients of the site and did not prevent bitcoin from rising to six thousand dollars. It would seem that everything...