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.


Litecoin hits 99997,9 USD per coin ATH!

14 May 2019 1 minute read kingscrown $0.08 tipped

This is not a joke and not from some illiquid exchange.This happened today on Binance at LTC/PAX pair. Keep in mind withdrawals from Binance are closed until todays maitenance that will take 5-6 hours. Sick things may be happening till then. So now...

DENT/Bitcoin (14 May) #DENT $DENT #BTC $BTC

14 May 2019 1 minute read CryptoStation $0.02 tipped

DENT is showing us the possibility of deep price range of 8-9sts. This is strictly according to technical analysis so you shouldn't worry.From this price range, we should consider buying DENT and constantly checking on DENT's long-term project devtea...

PundiX/Bitcoin (14 May) #NPXS $NPXS #BTC $BTC

14 May 2019 1 minute read CryptoStation $0.05 tipped

  NPXS has dropped a lot from the peak of 22sts and now only 8-9sts. However, NPXS will continue to decrease to 7sts. But here it will be very diffitcult to buy so I recommend ordering at 7sts and 8sts NPXS after hitting 7sts (or maybe the worst c...

Ethereum/Tether (14 May) #ETH $ETH #USDT $USDT

13 May 2019 1 minute read CryptoStation $0.03 tipped

We have succeeded with the last ETH signal. However, the market is becoming more active and making ETH grow beyond my expectationCurrently ETH has broken the Rising Wedge formation but it needs to get over 200$ zone otherwise the Wolfe wave will kill...

Binance will resume deposit/withdrawal on Tuesday

13 May 2019 1 minute read Turtle_Girl $0.04 tipped

After a major Hack binance will continue deposit and withdrawal on tuesday , exchange lost 7000 BTC but the founder CZ Binance anounces that the funds that are lost would be compensated through safe funds box. Binance stated that they have implement...

Exposing Binance: Who Stole 7,000 Bitcoins?

12 May 2019 3 minute read plachpalach (Andrew Cherkasov) $0.05 tipped

The hacking of the leading crypto exchange Binance, which occupies almost half of the entire market, did not affect the savings of the clients of the site and did not prevent bitcoin from rising to six thousand dollars. It would seem that everything...

🔥 A GENEROUS OFFER OF 7000 BTC FROM JUSTİN SUN TO BINANCE

10 May 2019 1 minute read 215 $0.08 tipped

Tron's CEO, Justin Sun, had a $ 40 million-worth of $ 7,000 BTC stolen at Binance, with $ 40 million in support for 7,000 BTC, and offered to buy BNB, BTC, TRX and BTT. Binance was attacked by hackers at night. The stock market announced that 7000 BT...

Binance Coin (BNB): fall before the boom ?.

10 May 2019 2 minute read daniejjimenez $0.09 tipped

The market for cryptocurrencies has been quite interesting in recent days. Bitcoin, the main reference of the ecosystem is monopolizing not only the attention, but also the capital of the market, with an ascendant domain of 58% at the time of writing...

Binance Hacked Aftermath: It's NOT A Really Big Deal So Get Over It!

9 May 2019 2 minute read fycee $0.79 tipped

It has been all over the social media yesterday and even the whole day today, a lot of people have posted on their walls that Binance was hacked and lost 7,000 Bitcoin (BTC) or $41 Million. I guess most people are really clinging to its popularity ge...

Binance announces a new way of trading...

9 May 2019 1 minute read qsyal $0.05 tipped

Binance CEO "Changpeng Zhao" has confirmed information that the stock exchange will soon start margin trading.   "Yes, we are working on a margin trading system that will be launched soon. First, for many of our key customers, senior traders, who wi...