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 Complete Project Analysis

1 Jun 2020 3 minute read 1 comment Blockchain Times

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29 May 2020 1 minute read 0 comments Gamer Boy1110

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29 May 2020 1 minute read 2 comments Lềm Thị Phiến

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The reason Basic Attention Token (BAT) was born.

29 May 2020 1 minute read 1 comment Lềm Thị Phiến

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Get in early on a smallcap and stake at 36.4%!

29 May 2020 1 minute read 0 comments manilpwn

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29 May 2020 2 minute read 14 comments xqanxxx

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CRYPTO COINS ARE LEGAL !!!

29 May 2020 1 minute read 2 comments Rhelgus

The Chinese People's Political Solidarity Conference ended on May 28and they made a decision about cryptocurrencies as follows: When a person dies, their legacy is called legal property.These heritages are house, land, car, money, etc. but now it com...

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28 May 2020 3 minute read 0 comments EbriDan

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Benefits of using cryptocurrencies (DAI)

28 May 2020 1 minute read 0 comments Lềm Thị Phiến

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