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.


Binance x Crypto.com - Win up to $100,000 worth of MCO, get your MCO Visa Card now!! (MCO Price Analysis included)

2 weeks ago 2 minute read DamienTargaryen $0.17 tipped

To celebrate the addition of MCO/USDT on Binance.com, Binance has partnered with Crypto.com to give away $100,000 in MCO when you participate during the competition period. The competition period starts today, 20 Nov 2019 9am UTC to 27 Nov 2019 12am...

19/11/2019 Price Update: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litcoin, OX(ZRX), STEEM, Steem Base Dollars (SBD), Basic Attention Token, Bitshare, DAI, XRP, EOS, Binance coin, Huobi token, Maker

3 weeks ago 1 minute read Danoskie $0.05 tipped

Hello, How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 19/11/2019For crypto's bears vs bulls, the market is getting down minute by minute with not limitation.What might have been the case of this bearish market?NB: The...

KuCoin Bonuses This Week and Free Staking Services

3 weeks ago 1 minute read kingscrown $0.09 tipped

My readers know i love those Chinese exchanges with GUI based on Binance that do not need documents to trade like BiBox or.. KuCoin that we will speak about - REGISTER HERE Use KCS as Fees, win KCS Daily People who have enabled and used KCS to pay tr...

The Doge Story: Should We Talk Memes Or Market?

3 weeks ago 4 minute read JLettermanMB $2.42 tipped

Perhaps no other crypto asset has a bigger following than Dogecoin. It's a fascinating story, especially when you take into account the coin was created as a joke currency. How did this joke crypto and its mascot become so popular? People love this c...

18/11/2019 Price Update: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litcoin, OX(ZRX), STEEM, Steem Base Dollars (SBD), Basic Attention Token, Bitshare, DAI, XRP, EOS, Binance coin, Huobi token, Maker

3 weeks ago 1 minute read Danoskie $0.13 tipped

Hello, How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 18/11/2019For crypto's bears vs bulls, the bulls were in control throughout yesterday with +0.13% influence (and most coins gained) but the game just changed some h...

The largest cryptocurrency exchange in the world has been suspended on Weibo, binance will no longer be able to use Chinese twitter

3 weeks ago 1 minute read Roberto D. $0.11 tipped

On November 13, the Weibo account of binance, the world's leading cryptocurrency exchange platform for volumes, was suspended; the reasons are not well known, there is talk of a violation of the policy by binance, but The China Times, the site that f...

What is Lisk?[ Comprehensive Guide to Help You Understand Lisk]

3 weeks ago 2 minute read Richard M Adrian $0.32 tipped

Lisk is a currency similar to Bitcoin and other currencies which can be mined. However, Lisk works under the basis of a proof-of-stake consensus system which is the basis of operation. Lisk can be described as an open decentralized application and a...

The adhesion to cryptocurrencies in Turkey is growing and binance is open to deposits in lire

3 weeks ago 1 minute read Roberto D. $0.04 tipped

What binance is pushing the integration of fiat currencies on its platform to favor mass adherence to bitcoin and cryptocurrency was well known, what almost nobody expected was that the second currency fiat to land on the exchange, after the Nigerian...

16/11/2019 Price Update: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litcoin, OX(ZRX), STEEM, Steem Base Dollars (SBD), Basic Attention Token, Bitshare, DAI, XRP, EOS, Binance coin, Huobi token, Maker

3 weeks ago 1 minute read Danoskie $0.17 tipped

Hello, How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 16/11/2019For crypto's bears vs bulls, the bears are still on the game but forgot to keep an eye on these coins BAT, DAI, STEEM and SBD. They are going up hour by h...

Is Libra Cryptocoin Dead?

3 weeks ago 2 minute read CryptoUpdates $0.05 tipped

Libra a cryptocurrency introduces by Facebook social media platform. Facebook coin could have acquired massive adoption in its social media platform due to high number of readily available users who could have invested in this kind of cryptocurrency....