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.

PayPal ... will no longer be a rumor

22 Oct 2020 1 minute read 2 comments alquimista1501

Surely the news of the day, even though there was already an indication that this payment processor would enter the cryptographic world, its news can be considered as the strongest fundamental that has to help, in part, to drive the price of Bitcoin...

CBDC's ... Position and Dominance

22 Oct 2020 1 minute read 1 comment alquimista1501

This year it definitely changed us; Beyond all the global issue that we are currently experiencing, cryptocurrencies have had their share of protegonism, and without a doubt Bitcoin has been the star of this film. With a nuance of emotions it has mad...

Do you follow me on social media ?

22 Oct 2020 1 minute read 2 comments kingscrown

I have followers here but not sure if they are aware of other places im doing different stuff on or maybe you guys forgot to act on those?Anyways if you read this and click - follow me/subscribe onto those. I'm active on twitter with close to 4000...

Coin Metrics Adds Five Exchanges To Its Trusted Volume List.

21 Oct 2020 1 minute read 0 comments Rollerkid

Coin Metrics, one of the world’s premier blockchain/cryptocurrency analytics firms, has updated its list of ‘trusted volume’ exchanges, adding a further five crypto exchanges, all the while adjusting scoring methods for trading platforms. This time, ...

BTC $12K - What coins can go up alongside Bitcoin?

21 Oct 2020 5 minute read 4 comments CryptoChartWizard91

The overarching DeFi craze seems to be cooling down a little. However, because DeFi money doesn’t sleep, it is likely that funds are just being poured into protocols like Harvest Finance, which just managed to cross $1 billion in Total Value Locked....

Bitcoin flirts with its yearly high

21 Oct 2020 1 minute read 2 comments ircrp

  With uncertainty ahead of us in terms of the prolonging pandemic, the upcoming U.S. elections and some pending actions such as Mt Gox rehabilitation plan, the last weeks of price action of Bitcoin remains bullish. As of the time of writing the Bitc...

SafePal Wallet & Binance Trade Competition Participation Tutorial

21 Oct 2020 1 minute read 0 comments cryptoforcanadians

In my previous post, I wrote about how you can use the SafePal wallet to trade on Binance. Coincidentally, SafePal just recently tweeted how they're going to have a trade competition where they're giving away up to 10,000 USDT just by trading on the...

Call or SMS based authentication is still not the best choice

20 Oct 2020 1 minute read 2 comments ircrp

    With majority of the telecommunication companies running on crappy old hardware which for years has been deemed too costly to upgrade, the opportunity for attackers exploiting the legacy telecoms protocols increases. For instance in September of...

Old Proof of Stake Coin Giveaway - Tron Yield Farms review SRKN PCH SWD SRX TTH

20 Oct 2020 1 minute read 0 comments kingscrown

    Grab EXCL 2014 created cryptocurrency with masternodes and proof of work system known as staking now but not in DeFi but on real blockchain -   We speak about new Ninja yield farm Shuriken Finance - and also ver...

DeFi Data Q3 2020

20 Oct 2020 2 minute read 0 comments CPix

Detailed Tread for Q3 DeFi Data- Jack Purdy. Total DeFi users going through the roof. 600k unique addresses. Because any one person can have multiple Ethereum addresses, a better estimate for the real number of unique users may be somewhere around th...