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.


Crypto Crime: From Silk Road to... Well, Still Silk Road?

12 Feb 2024 1 minute read 7 comments Cryptofab

I recently read a Binance article referencing a recent Chainalysis report. Their data revealed a surprising truth: while illicit transactions in crypto plummeted to a mere fraction of a percent in 2023, it's not quite the clean bill of health some mi...

How to make money on DTUBE – Analysis and guide to start now

11 Feb 2024 1 minute read 1 comment Makingdigital

If we have something to thank for the birth of Web3, it is the number of ways we have to earn money. Anonymously and even in a decentralized manner. One of the apps that I like to use the most to upload my videos and make extra money is DTUBE. Earnin...

The fishy aspect about the distribution of issued Matic tokens undertaken by the Polygon Foundation

9 Feb 2024 3 minute read 0 comments Greenchic

  So, in my last article  I talked about how token price declines happen because of huge quantities of token selling done by a few big token holders, yes you can call them whales. However, I wanted to talk about Polygon related Matic token issues. I...

These are Ten Review Mechanisms Binance used Before Delisting Tokens

9 Feb 2024 1 minute read 0 comments unhedge0x

Binance one of the top tier centralized exchanges list valuable digital assets for market participants. While at the same time, the world's popular exchange delist some of these digital assets from their platform. This move should always trigger your...

New Launchpool drops on Binance

8 Feb 2024 1 minute read 4 comments LeftFooted

Launchpools are an easy, low-maintenance way of receiving free tokens with something akin to an airdrops. I find Binance's launchpools to be pretty easy to join, and you can do it with BNB or FDUSD. Here's how you do it, you can either buy BNB or F...

$PIXEL On Binance Launchpool - Sell Or HODL?

8 Feb 2024 2 minute read 7 comments Cryptonator`s

Binance has just announced its 46th project which will launch on Binance Launchpool. This time it is $PIXEL, the native token of the crypto game Pixels. As you already know from my previous post, I never miss out on any project on Binance Launchpool,...

PIXEL Coming To Binance Launchpool

8 Feb 2024 2 minute read 1 comment Coins Reporter

With the change in top management at Binance, we can witness a rapid growth in two activities on Binance Exchange. One being listing of new substantial projects, and other is delisting/monitoring coins that may hinder regulatory compliances for the c...

Binance launchpool launches Web3 Gaming protocol PIXEL

8 Feb 2024 1 minute read 0 comments Yugocean

    Binance has released Pixels (PIXEL) on its Launchpool, $PIXEL is the native token of Pixels Network.   What is Pixels (PIXEL)?      Pixel is a Web3 gaming protocol built on the Ronin Network. Pixel is a Play-and-Own type of project where users...

Yes we knew it would happen

6 Feb 2024 1 minute read 0 comments Kovichni

Will privacy coins be delisted on Binance? Of course, what else was the Binance-coup and all those 🐎💩 smears against CZ about, you really think it was about him? Ohh you poor little soul. Anyone btw wondering why Monero is getting privileged treatm...

Ronin listing leak and insider trading hit Binance

6 Feb 2024 1 minute read 0 comments Yugocean

     The debate around leaks and insider trading has intensified due to Ronin's devaluation following its listing on Binance. Binance is attempting to control it.   RONIN Listing      Ronin is an EVM-compatible blockchain designed by the Sky Mavis...