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.


? News from the world of Binance

31 May 2019 2 minute read 215 $0.08 tipped

There Is No Place In Binanceís Margin Trading System For The United States The margin trading service offered by Binance, one of the world's leading crypto currencies, is eagerly awaited. As a continuation and manifestation of the recent breakthrough...

Margin Trading Has Come to Binance - But Theres a Catch

31 May 2019 1 minute read kingscrown $0.05 tipped

We have it on beta version. Simply login (or register) to Binance then put this URL into browser: https://beta.binance.com/en/trade/BTC_USDT You will land on page with option of markets and a button margin. The margin is just x2 but this is not the...

Binance Hack! Coin Price Prediction?

28 May 2019 1 minute read salahchiva $0.04 tipped

The breakthrough on the platform seems to have had little impact on the market It was the opposite of what was expected Many people after the breakthrough had sold their currencies and were betting that their price would drop But a week later,   the...

Bitcoin, EOS, LTC, BNB, BAT, ETH and XRP Analysis: Quick Update

28 May 2019 1 minute read Workin $0.01 tipped

Bitcoin has stalled, currently trading around $8,670. Looking at the weekly chart, it looks like price may test $8,400. If it does, bulls need to see this prior area of resistance start acting as support. Volume remains relatively strong at $25 billi...

EOS for smartcontracts ❤️ 100% anonymity❤️

28 May 2019 1 minute read salahchiva $0.02 tipped

Go EOS for smartcontracts ❤️ GoBitcoinConfidential for 100% anonymity❤️ !! BTC is slow and cant scale its like using DOS but still Windows10 is state of the art. Blocks are already full at 8000$. No improvement since 2017 ATH. Make your due diligence...

Setting up a simple crypto trading bot

26 May 2019 4 minute read Seperot $1.46 tipped

This guide is for people that want to do some automated trading, and not burn most of their profits paying for a premium for a service every month.   The Bot   The bot we are going to be setting up today is called Freqtrade It’s a very easy to set u...

Bitcoin and crypto hackers 2019

26 May 2019 1 minute read salahchiva $0.05 tipped

Be aware of Bitcoin and crypto hackers. Now they are sending out fake wallets updates. Make sure your crypto coins are kept saved on cold wallets. Every time you are sending crypto to any wallet, take a moment and verify the address before you hit th...

Attention to fake BTC Giveaway by Hackers in the name of Binance

26 May 2019 1 minute read Haiaty $0.01 tipped

Please attention to the fake BTC giveaway supposed to be done by Binance. Here is the screenshot of the fake page:       Why it is a scam? because:   1) there is no https certificate 2) the url is not the url by Binance jersey. The webiste url is  h...

WePower/Bitcoin (26 May) #WPR $WPR #BTC $BTC

25 May 2019 1 minute read CryptoStation $0.01 tipped

#BUYIn chatroom, I told to buy WPR at 140 in 20 May, and it pumped up to 250. It's so regret that I didn't publish that signal. And now, we have a good possibility to buy back again. Big profit potential!Current price : 154Buyzone : Buy as close to 1...

Etherparty/Bitcoin (26 May) #FUEL $FUEL #BTC $BTC

25 May 2019 1 minute read CryptoStation $0.01 tipped

#BUY #WAITAs my last signal for FUEL, it followed my first arrow and it seems that Whales have seen the risk of not taking action when FUEL can fall back to 50sts. And of course, they acted and the combination of FUEL and THETA saved both coins.Congr...