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.


Lust for results

20 Oct 2020 1 minute read 1 comment espacioreal

There is no doubt that the market offers infinite temptations, and that not all of them can be ruled out by an excess of prudence. The uncertainty and volatility of the business environment can open up new market spaces, indicate routes for innovatio...

Google OFFICIALLY enters the Crypto world

19 Oct 2020 4 minute read 24 comments Roberto D.

According to a recent news report, Google Cloud has submitted its application to join the EOS community and become a member of the Block.one network. On 6 October, Blockchain.News announced that Google Cloud is preparing to officially become part of...

Can somebody still debate the LEO burning strategy after reading this?

19 Oct 2020 1 minute read 3 comments Behiver

LEO has a burning strategy using the Ads revenue and this is one instrument that helps on lowering the number of tokens in circulation and steering the price into the right direction (UP). This is one mechanism that works, but some voices from the co...

Binance Burns $68M in BNB

19 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

Binance announced on October 17 that it has burned $68 million worth of BNB tokens as part of its 13th quarterly burn. Binance burned a total 2,253,888 BNB, making it the largest burn in terms of fiat value and the fourth highest in terms of BNB val...

Nitrogen NFT, Crypto Opportunities and 1000 followers

19 Oct 2020 3 minute read 178 comments PVMihalache

Periodic Table of Elements NFTs My friend Robertoit and others started this amazing project, the Periodic Table of Elements NFTs, where crypto gets mixed with chemistry. This will guarantee a trip down memory lane, awkward school memories and a nice...

Upgraded and Targeted Mining

19 Oct 2020 1 minute read 5 comments alquimista1501

Cryptos have changed enormously in recent years, their concept, perception, shape and dynamics are constantly changing and their relationship with the world is aligned with the clearly visible needs of the population. One of the points that started e...

Trade on Binance With The SafePal Wallet

18 Oct 2020 1 minute read 2 comments cryptoforcanadians

In one of my previous posts, I wrote about the SafePal S1 hardware wallet. In this post, I want to highlight a new feature that was released. This will allow practically anyone to trade on Binance regardless of nationality. In addition, this method d...

Monero's Oxygen Orion Upgrade Successful

18 Oct 2020 1 minute read 4 comments ircrp

  As of 18th of October 2020 the upgrade branded by Monero as Oxygen Orion has finally went live as planned, exactly two months after being first announced by the Core Developers. The upgrade focuses on new technological changes most notably deliveri...

Kava's Harvest - a Binance backed DeFi

18 Oct 2020 1 minute read 8 comments PVMihalache

Kava is one of the DeFi projects that looks to have a bright future. Kava Labs has launched their first app, in the form of a yield-generating DeFi platform. Harvest, the Kava Labs invention, can yield Bitcoin and non-Ethereum assets at very good rat...

Learn about Yield Farming on Ethereum, Tron and other chains like BNB

18 Oct 2020 1 minute read 0 comments kingscrown

  I have made a big post about DeFi Yield Farming some time ago which you should read and consider to grab free ebooks when subscribing to the site. I was talking about loans and borrowings of cryptocurrency before it was known or sexy. Now i also ma...