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.


BINANCE STRATEGIC PARTNERSHIPS AND INVESTMENTS IN CRYPTO INDUSTRY

4 Jun 2020 3 minute read 0 comments Blockchain Times

Over the years Binance emerged as a leading player in every sector of crypto and collaborate with numerous crypto projects and faithfully taking part in the adoption of crypto by the emerging world. Binance integrate and partnership with a lot of pro...

New upcoming events that could grow these coins

4 Jun 2020 1 minute read 0 comments VNFC

Recently I rediscovered this site and I am so sorry I didn't quite earlier, because it could gave me the opportunity to gain more from my investments. If I could read about recently announced mainnets for BAND, for example, I could make more than 100...

Can't access my Binance account

3 Jun 2020 1 minute read 4 comments acesontop

For more than 24 hours Binance has put me on the waiting list, somehow. I don't know how that happened but I noticed yesterday I couldn't log into my Binance account using Brave browser, which is the only browser I use. Every time I try to do that I...

Cryptocurrency Updates - 03/06/2020

3 Jun 2020 1 minute read 0 comments Gamer Boy1110

Join Binance AMA With SingularDTV Foundation Supervisor Danny Desert - Chance to win $2500 in SNGLS Token Date: 04/06/2020 Time: 6 PM UTC Join Here:     Ethereum 2 Specification Released Version 0.12 - testnet any time now   Details & Update Here:...

Cryptocurrencies could be taxed

2 Jun 2020 2 minute read 6 comments Roberto D.

The world of cryptocurrencies is seen by most as a kind of far west in which one gains (or loses) everything without accounting for the state about the payment of taxes.However, many governments are considering strategies to make money from this grow...

Binance Community Vote and 50% BTC sale on Syndicate

2 Jun 2020 4 minute read 0 comments bengy

    Unsplash   Another month another Binance community vote between two crypto projects that I haven't really heard much of before. In previous community votes, there have been much more promising projects, but in the last one I have found myself ho...

Cryptocurrency Updates - 02/06/2020

2 Jun 2020 1 minute read 0 comments Gamer Boy1110

BitcoinCore Released Version0.20.0-Final Version Tree-SHA512: 00d03cb9913a7fe3fe90b12a866e88e08c79fdfdb05fcf043d77623b2d30cadd56557db1f225b428fd03d4b4bc4f24f66205d8330d025ed015d3a12dffd5222e   Update Here:   Join AMA With MeasurableData in the Binan...

IPO vs ICO

2 Jun 2020 1 minute read 0 comments Mabla

For a company to be well established it has to make sure it is financially stable and strong. So for this to happen there has to be investors willing to invest in the idea and fundraising will take place. There are 2 types of fundraising which we are...

Effects of Covid-19 on Tax Payers & Companies.

2 Jun 2020 1 minute read 2 comments Mabla

The Covid-19 pandemic came out of surprise and people were not even ready and when it started people just thot maybe it will end soon. But later on people realized the damage it caused and now we are anticipating what will happen sooner or later. Lo...

FREE LITECOIN APP ,Earn up to 0.0100000 LTC Daily , proof inside post!!!!!

1 Jun 2020 1 minute read 1 comment Airdrop Radar

FREE LITECOIN This is another wonder app that reward you Litecoin LTC. claim free litoshis hourly, by watching 15sec or 30sec ads and by doing tasks in the app. Minimum payout is 100000 litoshi. Well it's grateful that you can earn more than that in...