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.


Flashcrash! explained (4/18)

18 Apr 2021 1 minute read 5 comments Chris Chen

If you've been following the prices of crypto these last couple hours,  you would have seen the prices of multiple crypto currencies (with exception of DOGE and stablecoins) crash very quickly before rebounding to a newer lower level. While all the...

A Recipe for Success: BSC + Harvest.Finance

18 Apr 2021 4 minute read 23 comments Mynima

Introduction As an avid yield-farming enthusiast I cannot tell you how happy I was to see the news a little while back that Harvest.Finance were making the move to the Binance Smart Chain (BSC). I'd been pretty disheartened earlier this year that my...

The Cause Of The Cryptocurrency Crash Has Been Found! A Twitter By FXHedge

18 Apr 2021 2 minute read 6 comments Willson-Deng

On April 18, there was market news that the US Treasury Department would accuse several financial institutions of using cryptocurrency to launder money. The news came from a popular Twitter account, FXHedge, which alerted a total of 122,700 follower...

My top 3 Crypto passive earning investments of April 2021

18 Apr 2021 1 minute read 0 comments DimitarM

If you are HODLing crypto in your wallets long-term it's not a bad idea to have it accumulating interest. At least that's what I am doing. There are plenty of projects that offer such services. I am not here to discuss which one is best and which one...

Buying Tokenised Shares on Binance!

18 Apr 2021 3 minute read 0 comments bengy

  One of the potential applications of blockchain technology is for the settling of stock market shares in real time with tokenised proof of ownership. It might be quite surprising to many that the settlement period (the time that it takes for sha...

BTC Plummeted By 10%, The Decentralized Consensus System Of Cryptocurrency Is Difficult To Withstand The Test?📉

18 Apr 2021 3 minute read 4 comments Willson-Deng

Bitcoin consensus is based on mutual profit When discussing cryptocurrencies such as Bitcoin, many people like to use "consensus" to describe cryptocurrencies, thinking that Bitcoin has now reached a consensus. Bitcoin's price growth is indeed relate...

Wrath of the titans, Coinbase vs Binance and some random ducks - Latest weekly news from crypto

18 Apr 2021 6 minute read 2 comments Heruvim78

Some interesting events this week, with Coinbase IPO live and Doge defying odds, to name just two of them. But what really happened this past week? Let's see. NFTs - WWE will launch a four tier collection of NFTs right before the WrestleMania main e...

Goose Finance Vaults Offer More

18 Apr 2021 1 minute read 0 comments SteveR82

Today I wanted to take a look at one of the first yield farm sites I joined. Goose Finance a big run and made it up to number 3 on Defi Station. They tried layer farming and that didn't go so well so now after a long way the next major update came o...

UPDATED! Harvest Finance: Binance Farms!

18 Apr 2021 2 minute read 0 comments Cje95

For whatever reason when I published this article last night something must have gone wrong. I wrote a whole article I promise and it was all there when I published it however this morning when I went back to check over if people had commented on it...

My first experience as a NFT creator

18 Apr 2021 4 minute read 3 comments Crypto Ballerina

I’ve been hearing about NFTs for a while now, but I never fully understood it up to the point I decided to dive into its world. I’m a bit of a noob when it comes to the crypto world, but after hearing about Binance’s NFT competition, I decided to ope...