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.


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13 May 2020 1 minute read 0 comments Gamer boy1110

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12 May 2020 1 minute read 2 comments Airdrop Radar

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12 May 2020 1 minute read 0 comments CryptoBeaver

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11 May 2020 1 minute read 0 comments CryptoArgha

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Will you still use Brave browser if there are no rewards?

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Performance of Binance's Last 5 Launchpad Projects

7 May 2020 6 minute read 19 comments Apoaca

  What is Binance Launchpad Platform?   Binance Launchpad platform is the token sales platform of Binance Ecosystem, where Binance users have the opportunity to be an early investor in new projects with the Binance Coin (BNB) they hold in their accou...

Africa will be the next big market for crypto, here's why!

7 May 2020 1 minute read 0 comments alberdioni8406

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How private is private? Checking Trustwallet

7 May 2020 1 minute read 0 comments favicon

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Brave browser: a stepping stone to crypto?

7 May 2020 1 minute read 0 comments CRYPTOUS

The well-known crypto browser continues to grow and reached 13.8 million users at the end of April. According to co-founder Brendan Eich, 1.7 million of these users opted for the crypto reward system.    Brave browser is gaining more and more rea...