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 Word of The Day | 4th April 2025

4 Apr 2025 1 minute read 0 comments Oivas

Word of the Day | Binance I don’t need to introduce Binance, so I’ll skip that part. However, it is worth talking about what Binance is doing. The largest crypto exchange in the world is ensuring that we don’t just have fun trading and doing business...

Binance Word of The Day | 3rd April 2025

3 Apr 2025 1 minute read 0 comments Oivas

Word of the Day | Binance I don’t need to introduce Binance, so I’ll skip that part. However, it is worth talking about what Binance is doing. The largest crypto exchange in the world is ensuring that we don’t just have fun trading and doing business...

VanEck files for BNB ETF

3 Apr 2025 1 minute read 1 comment Yugocean

     VanEck has filed for the BNB ETF in Delaware. Let's get more:    Source   The BNB ETF      VanEck has expanded its range of crypto-ETF products by registering an ETF for BNB in Delaware. This marks the firm’s fifth crypto asset ETF registrati...

Binance. From a pariah (under Biden) to a loyal partner (under Trump). Is there a reason?

1 Apr 2025 3 minute read 0 comments Evtuoil

In the 16 months since the departure of Binance founder Changpeng Zhao (CZ) from the post of its CEO, the crypto exchange has turned from a pariah into a trading platform loyal to the American administration. In an interview with CNBC, the current h...

CZ to Donate 500 BNB Each to Thailand and Myanmar

1 Apr 2025 2 minute read 1 comment cryptogod-1

Good day everyone, I hope you are all having a good day, welcome to CryptoGod-1's blog on all things crypto. In this post I will be looking at how former Binance CEO CZ has pledged to donate 500 BNB to each of Thailand and Myanmar followed the recent...

Binance Word of The Day | 1st April 2025

1 Apr 2025 1 minute read 0 comments Oivas

Word of the Day | Binance I don’t need to introduce Binance, so I’ll skip that part. However, it is worth talking about what Binance is doing. The largest crypto exchange in the world is ensuring that we don’t just have fun trading and doing business...

Binance Word of The Day | 31st March 2025

31 Mar 2025 1 minute read 0 comments Oivas

Word of the Day | Binance I don’t need to introduce Binance, so I’ll skip that part. However, it is worth talking about what Binance is doing. The largest crypto exchange in the world is ensuring that we don’t just have fun trading and doing business...

Binance Word of The Day | 30th March 2025

30 Mar 2025 1 minute read 0 comments Oivas

Word of the Day | Binance I don’t need to introduce Binance, so I’ll skip that part. However, it is worth talking about what Binance is doing. The largest crypto exchange in the world is ensuring that we don’t just have fun trading and doing business...

An Overview of the "Blockchain for Business Sustainability" Course

29 Mar 2025 8 minute read 5 comments Feax21

Introduction For the past 15 years the terms "Blockchain" and "Bitcoin" spin firmly into my head. Not for becoming just another super-Rich in FIAT money after exchanging my crypto-assets or reach the so-called "Financial Freedom" but for gaining a d...

Binance Word of The Day | 29th March 2025

29 Mar 2025 1 minute read 0 comments Oivas

Word of the Day | Binance I don’t need to introduce Binance, so I’ll skip that part. However, it is worth talking about what Binance is doing. The largest crypto exchange in the world is ensuring that we don’t just have fun trading and doing business...