Binance Coin (BNB)

302 Articles 172 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.


My Eth/USD Success! Team Cryp2Owl Trading Ideas!

4 weeks ago 1 minute read Ken(Crypto Reporters) $0.20 tipped

  ETHEREUM/USDT BINANCE Correction and Impulse Scenario Wave 2 & 3 This is the first time I posted one of my friends Trading ideas about Ethereum and USDT on Binance Trade. Our prediction went success when we do our first target which is 0.618 $171....

BNB / USDT technical analysis [BINANCE]

4 weeks ago 1 minute read MrBullishSail $2.60 tipped

BNB seen from the seasonality of 1D we can see how the price has formed a descending wedge where the RSI indicator begins to show bullish divergence, the price has started to rise once it reached the zone of weekly demand located at 20.4593, the...

Curate Bitcoin 09/18/2019 by dobobs

4 weeks ago 5 minute read dobobs $0.02 tipped

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of CURATION. Every investment and trading move involves risk. You should conduct your own research when making a decision. Current Market Pr...

Binance Adds lending program for privacy coins

4 weeks ago 1 minute read CryptoArgha $0.03 tipped

Binance is worlds largest bitcoin and cruptocurrency exchange Recently binance announced to add lending program on its platform for three top privacy coins dash, zcash and Monero The Total amount will be distributed from the trading fee generated fro...

[Korean] Curate Bitcoin 09/17/2019 by dobobs

4 weeks ago 1 minute read dobobs $0.05 tipped

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of CURATION. Every investment and trading move involves risk. You should conduct your own research when making a decision. Current Market Pr...

18/09/2019 Price Update: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litcoin, OX(ZRX), STEEM, Steem Base Dollars (SBD), Basic Attention Token, Bitshare, PVT (pivot coin), DAI, XRP, EOS

4 weeks ago 1 minute read Danoskie $0.10 tipped

  Hello,How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 18/09/2019For crypto's bears vs bulls, all the coins on my list have gone bullish except DAI which lost $0.01 between the time of my yesterday's post and this toda...

Curate Bitcoin 09/17/2019 by dobobs

17 Sep 2019 5 minute read dobobs $0.01 tipped

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of CURATION. Every investment and trading move involves risk. You should conduct your own research when making a decision. Current Market Pr...

The Latest Announcement Binance Summary To Start The Day Right

17 Sep 2019 4 minute read Rubika Ventures $0.12 tipped

As it is very early in the morning we will go to the matter quickly and bluntly. We have for today some announcements and news of Binance, which we must pay close attention. A Very Controversial News It was very funny yesterday, that when we were fin...

Curate Bitcoin 09/16/2019 by dobobs

16 Sep 2019 5 minute read dobobs $0.05 tipped

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of CURATION. Every investment and trading move involves risk. You should conduct your own research when making a decision. Current Market Pr...

[Korean] Curate Bitcoin 09/15/2019 by dobobs

16 Sep 2019 2 minute read dobobs $0.08 tipped

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of CURATION. Every investment and trading move involves risk. You should conduct your own research when making a decision. Current Market Pr...