Binance Coin (BNB)

5,824 Articles 79,126 Followers

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.

Nano XNO more potential and free

24 Nov 2022 1 minute read 0 comments Kyzerd

Did you get your Nano XNO yet?  Nano saw an incredible pump of over 100% today reaching over 1.60$ down to 1,05$ as of writing. As a reminder Nano had an ATH of 32$ however this a couple of years of ago. Nano is FEELESS  Best ways to use Nano XNO: Ge...

FT Crypto Watch Nov 23

23 Nov 2022 11 minute read 7 comments Dave Sawyer

Cryptonauts, we love you.  Money for the people, of the people and by the people!! We love meeting up on the public room pamphleteering that is the omnipresent Publish0x!!! Changing the fabric of FT crypto coverage, one click and chitpost at a time,...

Level 1- What is a blockchain?

23 Nov 2022 2 minute read 0 comments vanassen.eth

         Ethereum, Binance Smart Chain, and More. What are these blockchains, and how do we access them?    Traditional Ledger vs. Blockchain Ledger     Traditional - handwritten or digital, centralized, editable, difficult to access, not anonymous. ...

BTC Daily Technical Analysis: Long term analysis / Beware of the fake break out of the bear market!!!

23 Nov 2022 2 minute read 0 comments FreedomBuilder

From ATH to Bottom: how long and %?? We note that the % of the decrease is less and less important, and at the level of time on average 1 year. We are already at more than a year and a drop of -77% We can continue to fall again because of the FTX and...

Hooked Protocol (HOOK) Token Sale is starting on Binance Launchpad

23 Nov 2022 1 minute read 0 comments Cryptotexty

Binance is announcing the 29th project on Binance Launchpad - Hooked Protocol (HOOK). The token sale for Hooked Protocol will follow the Launchpad subscription format, with the recording of user BNB balances starting at 2022-11-24 00:00 (UTC). By the...

BTC Daily Technical Analysis: A small short-term rise to trap degen shorts / ETH and BTC are manipulated by the FTX hacker!!!

22 Nov 2022 2 minute read 0 comments FreedomBuilder

BTC in Daily:The price has bounced off the trend line of the downtrend channel, and we have 3 bullish divergences to confirm! on the RSI (broad and in the oversold area below 30), MACD and OBV.        The short...

Has Binance Become The Central Bank Of Crypto?

22 Nov 2022 3 minute read 19 comments Cryptonator`s

When I signed up for Binance in 2019, it was like Coinbase, Kraken, or Gemini. In other words, Binance seemed to be an exchange like any other exchange. Well, this has changed dramatically over time and Binance has become the biggest player among cry...

Is it the time to buy BNB?

21 Nov 2022 1 minute read 0 comments ShabadBebe

Everyone loves cryptocurrency and whatever reasons they have, one of them is making profit, or increasing the quantity at both ends. Telegram groups of tippers are spreading a message that it is the time to buy BNB as from 22.11.22 the price will go...

Who Fired the First Shot in the Great Crypto Exchange War of 2022?

21 Nov 2022 4 minute read 6 comments Allen Taylor

The great crypto exchange war has begun: Binance made an end-run around Coinbase and now holds the most bitcoin reserve among crypto exchanges—$9.34 billion. Binance is the exchange of the future, but I’d still bet on decentralized exchanges. Despite...

Binance relaunches bid to purchase Voyager

21 Nov 2022 1 minute read 2 comments ZeroRequiem

Hey Peeps!     I was sent some amazing news today! Binance has reportedly relaunched their bid to purchase the bankrupt crypto exchange, Voyager.  Within the last week, Voyager reopened the bidding process for the sale of their company, and also can...