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 Coin takes off towards the $ 40.

20 Jun 2019 3 minute read daniejjimenez $0.72 tipped

The crypto market has been intense this week and even though Bitcoin has not yet exceeded the five-digit level, it maintains a lateral movement of prices around nine thousand and keeps the market at optimal average capitalization levels at $ 288 bill...

Crypto Exchange Binance will release a new digital asset

19 Jun 2019 1 minute read beareev $0.14 tipped

Binance cryptocurrency exchange is preparing to release a new token, which will be created through the blockchain Binance Chain. BTCB trades will take place both at Binance and at the Binance DEX site. The token will be traded in a pair with the main...

Are the Altcoins in trouble??

18 Jun 2019 1 minute read MDz $0.66 tipped

Are the next few days going to be dificult for altcoins?   Bitcoin currently stands at $9180. It has slightly dropped from the $9440, its highest price in 24h(reference Binance).   So what could possibly go wrong? Why do I believe alts may bleed? We...

Electroneum On Binance?! ??‍♂️?

12 Jun 2019 2 minute read Electroneum United $1.77 tipped

Recent tweets have lead those in the Electroneum community to wonder if ETN will be listed on the popular exchange Binance. How would such a listing effect price? Is it necessary? Reasons For Speculation Today, Electroneum tweeted that CEO, Richard...

Bought Binance Coin With & Visa Mastercard

5 Jun 2019 1 minute read HowToVids $0.10 tipped

Competition is always there in the competitors. Every company wants to rule the market and to grasp other customers. For that matter, they introduce new features and offers to facilitate their customers and create ease for the users. All these steps...

Craig Wright Accuses Binance And Bitfinex Of human Trafficking, Prostitution and Slavery

5 Jun 2019 1 minute read hashlytag $0.03 tipped

The debacle about Craig "Faketoshi" Wright is not over yet. At a conference in Toronto, the bitcoin accused SV (BSV) advocate Binance , Bitfinex and Tether of human trafficking, illegal prostitution and slavery.   Currently, BTC is still used by pl...

Toronto- GSW

3 Jun 2019 1 minute read cryptonewz $0.01 tipped

Tonight Raptors and Warriors are playing the 2nd game of 2019 NBA finals. Toronto won the first game  118-109, even though Kawhi Leonard didnt play his best game, shooting only 5/14. But others stepped up; Pascal Siakam had the best game of his Playo...

ENJIN games

2 Jun 2019 1 minute read cryptonewz $0.03 tipped

Enjin is getting more and more games every month!  Here is the list of projects atm: War of Crypto 9Lives Arena Age of Rust CryptoFights Cats in Mechs Bitcoin Hodler AlterVerse HEX World Makerverse Dyverse Containment Corps Kriptomat The Six Dragons...

BINANCE 2019 Most profitable currency

2 Jun 2019 1 minute read cryptonewz $0.04 tipped

Binance is one of the world’s largest cryptocurrency exchanges and its bnative token: BNB went up more then 500% in 2019, which makes it a coin with biggest gains in this year. BNB, in the end, is a discount token for those who access the services of...

Binance DEX coming soon but.. not for USA and some other countries.

1 Jun 2019 1 minute read kingscrown $0.05 tipped

Binance the best exchange in the world (at least by volume and impact) is coming with its DEX. A lot of tokens moved to BNB chain already, some really nice ones. Yet there is a sad story.. loads of countries are getting banned from using the site, US...