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.

xlm usdt analysis x canal

16 Sep 2020 1 minute read 0 comments @bniv0123

  Hello friends.I wanted to analyze by looking at XLM USDT YE from a different window and an interesting situation came up. analysis window x canal. While the first wing of x appears as a fall channel, we see the other wing as an upward channel. In...

Binance - Receive Email when a Trade is Filled

16 Sep 2020 5 minute read 0 comments ᛈレΛᚱIᛏᛉ

This is a tutorial providing a minimal python program for a Binance email notifier. The example is with trade event notifications (i.e. when buys and sells happen etc.) but can be modified to suit your needs. It does not require extensive programming...

The Age of Disorder

16 Sep 2020 2 minute read 1 comment alquimista1501

The recent report issued by Deutsche Bank manages to compile a somewhat dark scenario, the changes that we will be experiencing are not easy, this report is a very complete piece where interesting points are touched that define our financial system a...

Binance card cashback up to 7% and Crypto strikes back with 8% and ...

16 Sep 2020 1 minute read 0 comments Pasucaru

Now, in EUrope,  the "cashback" on the Binance card is known and your percentage depends on the number of stacked BNBs you own. Here is a comparison between Binance and Crypto (CDC) cards and the $US value of BNBs and CROs (because MCOs are no longe...

19.09.2020 - Another day into Cryptoverse

16 Sep 2020 2 minute read 5 comments Heruvim78

  India is reportedly planning on introducing a new law to ban cryptocurrency trading in the country, a move that would be a blow to the rapidly growing cryptocurrency scene in the country, while encouraging all the blockchain applications. The Cent...

Kraken become first American Crypto Bank

16 Sep 2020 1 minute read 0 comments Yoijo

As they announce on their blog, the State of Wyoming has approved Kraken's request to form the world's first Special Purpose Depository Institution (SPDI).  Kraken Financial will be the first regulated U.S. bank to provide deposit-taking, custody an...

BNB and Tron behind top coins

16 Sep 2020 1 minute read 0 comments Arthur_mathews

BNB/USD and TRON (TRX) behind top altcoinsAmong the top 10 cryptocurrencies by market cap, only Binance Coin has dipped in the past 24 hours. After surging into 5th spot over the weekend, BNB has dropped nearly 3.0% to trade around $29.40 and sit in...

Put Binance Coin (BNB) to work: 6 immediate benefits!

16 Sep 2020 3 minute read 26 comments PVMihalache

Binance Coin (BNB) is the ERC-20 token that offers cheaper fees and discount perks on the Binance Exchange. Binance Coin started in 2017 from the $0.0398 value, and kept growing since than up to $39.68 in June 2019. BNB currently holds the 8 place in...

Binance on trouble accused of laundering $9M.

16 Sep 2020 1 minute read 2 comments alberdioni8406

Binance the world most largest cryptocurrency exchange may be in trouble, a Japanese exchange firm dubbed Fisco sued the "CZ" firm for allegedly facilitate a $9M in laundering funds, the ones stolen in a hack on the their company back in 2018. At the...

BNB hits 2020 high, replacing polka-dot

16 Sep 2020 1 minute read 0 comments Arthur_mathews

BINANCE COIN HITS 2020 HIGH As per reports, BNB/USD’s recent trend follows a bullish breakout related with the growth witnessed on the Binance exchange and Binance Chain. With the unveiling of Launchpool and the debut Bella Protocol (BEL), a lot...