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.


The Idea Of What Constitutes An S**coin Will Dramatically Change In The Near Future

3 weeks ago 14 minute read Cryptolohy $3.50 tipped

"Nothing has intrinsic value, intrinsic value is a meaningless term because value has to be subjective in the eyes of the valuer" Erik Vorhees, CEO of Shapeshift, in his debate with Peter Schiff   I do not agree with this previous quote from Erik V...

Binance Lists Tezos XTZ

3 weeks ago 1 minute read Cryptolohy $0.07 tipped

Quick Tezos Update: Binance, the largest cryptocurrency centralized exchange by traded value will list Tezos (XTZ) tomorrow, (24/sep/19) at 11:00 (UTC) The trading pairs that will open would be:   Tezos to Binance Tezos to Bitcoin Tezos to USD Tether...

[Korean] Curate Bitcoin 09/23/2019 by dobobs

3 weeks ago 2 minute read dobobs $0.02 tipped

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of CURATION. Every investment and trading move involves risk. You should conduct your own research when making a decision. Current Market Pr...

23/09/2019 Price Update: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litcoin, OX(ZRX), STEEM, Steem Base Dollars (SBD), Basic Attention Token, Bitshare, DAI, XRP, EOS, Binance coin, Huobi token, Maker

3 weeks ago 1 minute read Danoskie $0.08 tipped

  Hello,How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 23/09/2019For crypto's bears vs bulls, 90% of the coins on my list have gone bearish between the time of my yesterday's post and this post (24 hours interval).NB:...

Binance set to launch in china with a separate platform

3 weeks ago 1 minute read CryptoArgha $0.04 tipped

Worlds biggest crypto exchange recently announced to launch their first China based binance platformAccording to a news source binance is setting up to launch their first china based fiat to crypto Otc exchange This exchange will support Chinese loca...

22/09/2019 Price Update: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litcoin, OX(ZRX), STEEM, Steem Based Dollars (SBD), Basic Attention Token, Bitshare, DAI, XRP, EOS, Binance coin, Huobi token, Maker

3 weeks ago 1 minute read Danoskie $0.12 tipped

Hello, How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 22/09/2019For crypto's bears vs bulls, 90% of the coins on my list have gone bearish, but OX(ZRX) is still up with +0.7% between the time of my yesterday's post and...

Binance U.S platform opens registration today

4 weeks ago 1 minute read CryptoArgha $0.05 tipped

Leading crypto currency exchange binance announced to launch its separate platform for its us clients As a part of the promise binance opened the registeration for its U.S platform today (19 September) But it didn't become a good news for all as bina...

4 Most Important Crypto News You Should Know Today (19 Sep 2019)

4 weeks ago 4 minute read Brawnd0 $4.34 tipped

As we head into the last quarter of 2019, a year which has seen significant improvement in the fundamentals of the market, a lot continues to happen that has crypto enthusiasts hopeful for the prospects of a great bull run in 2020. We are halfway to...

Aergo Joins Binance Info’s transparency initiative - Aergo x Binance

4 weeks ago 1 minute read aergoknights $0.41 tipped

We want to congratulate Aergo as they have officially joined Binance Info’s transparency initiative. By sharing project-related information such as news and progress reports on Binance Info, Aergo is contributing to keeping the community informed. B...

Binance gets U.S patient for binance stable coin

4 weeks ago 1 minute read CryptoArgha $0.17 tipped

Binance recently launched their own stable coin Busd by partnerinh with another fiat backed stable currency name paxos Binance submitted a request for a payment patient to operate in the united states of America BUSD is backed by multiple stable cryp...