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.


Cryptocurrency Update - 11/06/2020

11 Jun 2020 1 minute read 0 comments Gamer Boy1110

Binance Announce His First UK Virtual Meetup Date: 17/06/2020 Time: 13:00 BST Duration:60 Min Speakers: Changpeng Zhap - CEO Teana Baker-Taylor - UK Director Josh Goodbody- Director of growth and institutional Business Ilir Laro - UK Community Manag...

Coinbase Is Exploring 18 New Cryptocurrencies and Altcoins Including VeChain and Sia

10 Jun 2020 1 minute read 1 comment Crypto Alphabet

Coinbase, a popular California-based crypto exchange, may add up to 18 new cryptocurrencies in the future. The list of coins includes Aave, Aragon, Arweave, Bancor, COMP, DigiByte, Horizen, Livepeer, NuCypher, Numeraire, KEEP Network, Origin Protocol...

Cryptocurrency Updates - 10/06/2020

10 Jun 2020 1 minute read 0 comments Gamer Boy1110

Binance Mobile Apps Update For iOS And Android iOS Version 2.13.0 Android Version 1.24.0 New Support For isolated margin and Leveraged tokens & More Bug Fixes Download: https://www.binance.com/en/download   Join Binance With harmonyprotocol on Binanc...

LTC, BNB and ADA cryptocurrency trend

10 Jun 2020 1 minute read 4 comments CryptoChemistry

  Cardano (ADA), with an impressive revaluation in recent days, thanks to the excellent development environment that its chain is experiencing, and with a fixed date for the launch of its next update, known as Shelley. Meanwhile, BNB and LTC have kep...

How to make money with cryptocurrencies

9 Jun 2020 1 minute read 4 comments yanis

Many people (like me) says that cryptocurrency is "money of future". They also say we can make many money with. But how ?   1 - Trading Trading is a very known activity. It's very profitable, but also very riskful. skill : medium profit : high risk...

Binance CEO Says That Binance Reports "Half" of What It Could In Terms of Volume

9 Jun 2020 1 minute read 0 comments Crypto Alphabet

Changpeng Zhao, the CEO of Binance, has suggested that Binance underreports its trading volumes in order to show realistic activity. He also claimed that Binance does this in order to not be "seen as that much bigger than other exchanges." He added...

The CoinMarketCap / Binance Conundrum Rises Again Pt 2

9 Jun 2020 4 minute read 4 comments pheonixdown-dee

In the cryptocurrency ecosystem there is always a lot going on at once from numerous companies announcing updates to changes in the crypto price that a lot of news simply is viewed, digested, forgotten about and the process is repeated the following...

Crypto Loans - should you use your crypto as collateral or not?

9 Jun 2020 4 minute read 0 comments CKO

In the recent time, multiple fintech platforms offering crypto loan and earning programs were rising. Their core value they provide are loans backed up by crypto collateral - which means that you can borrow fiat money (mostly Euro or Dollar) if you d...

Will Bitcoin surge to $150,000? Venture Capitalists are predicting the BTC boom, and Tezos, Ethereum, VeChain and LINK will sail along!

9 Jun 2020 3 minute read 12 comments PVMihalache

First lets define a venture capitalist and what are they doing for a living. A venture capitalist is a person or company that invests in a business venture, providing capital for startup or expansion. The private equity investor will provides capital...

Crypocurrency Updates - 08/06/2020

8 Jun 2020 1 minute read 0 comments Gamer Boy1110

Today's Updates are for following Cryptocurrencies   1. Ethereum                                     2.Binanace Exchnage                                                      3. KAVA                                                                   4....