Binance Coin (BNB)

492 Articles 520 Followers

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 launches LTC/USDT perpetual contract market launching tomorrow!

2 weeks ago 1 minute read oceanloader4 $0.15 tipped

I've been playing the BTCUSDT perpetual contract market since the autumn and it's a pretty good way to long with leverage  (obvious disclaimer : leveraged trading is a fantastic way to lose all your money if you don't know how to use stop loss orders...

Crypto Exchange Binance announces Support for AUS Dollar and Thai Baht

2 weeks ago 1 minute read Tokenhell.com $0.21 tipped

The world’s leading crypto exchange by trading volume and users Binance has announced support for the Australian dollar (AUD) and Thai Baht. Now users will be able to purchase crypto assets on Binance with the Australian dollar, Euro, and British pou...

Binance enables UK Faster payments scheme(FPS) and Support for AUD.

2 weeks ago 1 minute read alberdioni8406 $0.12 tipped

It's seems Binance is pursuing his desire to mass adoption of crypto and to that happen,the most bigger and innovative Exchange is increasing their Payment system to reach more customers. Binance enabled the Faster Payment Scheme (FPS)  that is a ser...

XRP : PUMP AND DUMP !

2 weeks ago 1 minute read Infospreneur $0.26 tipped

Hello everyone,   Today was a day very particular for the Ripple as we saw some interesting movements, due to fundamentals.  To start with, the price went up by 10% after Binance, the most known exchange platform, announced the launch of Futures base...

CRYPTO ACTUALITY - CFTC & SEC & BINANCE BULLISH and XRP delisted on BITBOX

2 weeks ago 1 minute read Digital Asset Thinker $0.08 tipped

Hi dear Crypto Investors, Crypto Enthuasiasts, friends, followers,   I hope you have a great day. THere are some good news even if you have noticed in the Actuality that Bitbox decided to delist XRP. This surprising decision is interesting. There can...

Latest Binance Art News and Announcements Compilation

2 weeks ago 7 minute read Rubika Ventures $0.30 tipped

Hi Rubikators! In these last uncertain days in the market we have left the news aside and we have dedicated ourselves more to technical analysis. That is why with this article we want to list the latest news and announcements that Binance made in rec...

Binance Futures added perpetual contracts for XRP/USDT with leverage up to 75x

2 weeks ago 1 minute read Tokenhell.com $0.20 tipped

Binance Futures is adding more and more cryptocurrencies as the platform expands. Binance Futures is the futures trading platform of a giant crypto exchange called Binance in the world of digital currencies. Recently, it has added a perpetual contrac...

Binance Futures launches XRP perpetual contract.

2 weeks ago 1 minute read alberdioni8406 $0.05 tipped

Binance, one of the largest Cryptocurrency Exchange by volume transactions in the world, continue it's expansion in order to conquer each market in crypto and reach the well deserved adoption worldwide. Now Binance Futures, Platform from Binance dedi...

Binance Coin: Doing the Binance Dance

2 weeks ago 3 minute read M87 $3.87 tipped

If you haven't heard of Binance, then you probably haven't been around in crypto. Binance is one of the leading centralized exchanges for crypto-currency and only launched back in 2017. A Short Beginning Binance was founded in 2017 by Changpeng Zhao...

Okex Review [2020] Things to Know Before Signing Up by (Tokenhell.com)

2 weeks ago 3 minute read Tokenhell.com $3.42 tipped

Okex Review 2020: Okex cryptocurrency exchange is considered as the most trusted digital assets exchange and the global leader of the blockchain technology. Any of the exchange cannot be regarded as a trusted exchange until it proves itself. The exch...