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.


Will Binance Mining Pool Overtake It's Competitors?

16 May 2020 1 minute read 0 comments Dominus1

Binance, which is the leading Cryptocurrency exchange worldwide recently announced the creation of it's mining pool to help it's users mine BTC and exchange when they have enough. The exchange is good for competition with other mining pools but will...

RIP CoinMarketCap 2013-2020

15 May 2020 2 minute read 26 comments Creepto

What is CoinMarketCap? According to CoinMarketCap's LinkedIn page: CoinMarketCap is the world's most trusted & accurate source for crypto market capitalizations, pricing and information. CoinMarketCap is a U.S. company registered in the United Stat...

Cryptocurrency Updates - 15/05/2020

15 May 2020 1 minute read 0 comments Gamer boy1110

Ethereum (ETH) Released Solidity Version 0.6.8 Bugs Fix Release for generator Download solidity new version here:   Binance Added additional trading Pairs for Ardor,Elrond & Aave Binance adding bellow three trading pairs from 15.05.2020 1. ARDR/UST...

Our beloved CoinMarketCap is censored now!

15 May 2020 2 minute read 36 comments paragism

Binance recently did the acquisition of CoinMarketCap on 2nd April, 2020. The rumoured deal was $400 million. Binance is in a fast acquisition spree nowadays. In last a few years, they’ve done quite a few acquisitions. Indian exchange WazirX, JEX, Da...

Binance Coin now available at ATMs

15 May 2020 1 minute read 0 comments bitcoindelight

The reason why I have some $BNB and $BAT in my portfolio is quite simple. I support $BAT because I like Brave's ecosystem that is fully supported by $BAT. Actually, this is a pretty good use case for me to hold some $BAT. Why do I like $BNB? Looking...

The tone of the Crypto Trader Vays slams XRP again, reveals four scams in one Tweet

15 May 2020 1 minute read 3 comments PassionCryptodotcom

Seasoned cryptocurrency expert Tone Vays belittles the Bitrue XRP- centric trade and reveals the chain of scams around which it is built. Turtles all along Mr. Vays mocks the announcement of Curis Wang, CEO and co-founder of the Bitrue cryptocurrency...

Earn 25% APR during the Elrond Genesis Staking

15 May 2020 3 minute read 3 comments SaltwaterC

Short introduction The Elrond network is aiming to be a highly scalable, fast, and secure blockchain platform. The Elrond (ERD) token is the unit of value that will be native for the Elrond network and will be used to pay for the resources used on th...

HOW TO START EARNING CRYPTO WITH DIFFERENT WALLETS (SCREENSHOTS ADDED)

14 May 2020 1 minute read 3 comments Khan Fahad

1. COINBASE - Link  Join using this referral link, buy or sell crypto upto 100$, you will instantly earn 10$ worth of crytpo in your wallet Share your referral link to your friends, when they buy or sell 100$ worth of crypto, you both will get 10$ w...

Binance New Up & Down Tokens Spark Controversy

14 May 2020 2 minute read 0 comments Abhi K

Binance’s latest addition, Binance Leveraged Tokens (BLVT), announced via a blog post on May 13, has met with some criticism from the cryptocommunity. The new tokens, Binance says, eased liquidation risk and the “nitty-gritty of managing a leveraged...

Binance blocks Ethereum from Upbit hackers, CZ says they have to fight bad actors

14 May 2020 1 minute read 0 comments PassionCryptodotcom

Binance , the largest cryptocurrency exchange in terms of transaction volumes, froze 137 ETH ($ 27,164) sent by Upbit hackers.  Changpeng Zhao, CEO of Binance , quickly responded to a tweet from the latest batch of stolen funds from Twitter from Whal...