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.

HOW TO: Binance Locked staking

17 Apr 2021 4 minute read 0 comments DimitarM

Thanks to an article written by dhenriquesf here on Publish0x I decided to lock my ADA, XTZ and Tron on Binanance's locked staking for 15 days. Just now I transferred my coins to Binance and selected both plans to start staking. Those are the steps I...

Bimonthly NULS Report for the Second Half of March 2021

16 Apr 2021 4 minute read 0 comments NULS

# Topics: Technical Progress SCO Platform Trading Other News Community Governance   # Technical Progress The Nabox Chrome plugin wallet is available for public testing in the Google extensions store. Similar to MetaMask, it has the ability to perf...

Do you own the RIGHT coins?

16 Apr 2021 1 minute read 2 comments Cryptofab

The weekend is there, no professional trader with us - we can play for fun. Before investing into new coins, let's have a look at the performance of some coins vs. BTC over the last 7 days: 1) Top winners - there are 3 subgroups DOGE: +469% (vs. BTC...

Diluting Your Cryptocurrency Privacy - UNITED STATES v GRATKOWSKI

16 Apr 2021 6 minute read 1 comment kev_nag

INTRODUCTION: A brief review of the facts of this case is warranted. In US v Gratkowski, 964 F. 3d 307 (5th Cir, 2020), the defendant became the subject of a federal investigation in relation to a parallel investigation of a child pornography website...

Binance's 15th Quarterly Burn

16 Apr 2021 1 minute read 0 comments Saikot

Binance recently completes its 15th quarterly burn of BNB tokens. Binance removed 1,088,888 BNB tokens in the 15th burn, which worth around 600$ million. Coin burn defines that removing particular coins from circulation and compress the total supply...

Crypto Passive Income Report - March 2021

16 Apr 2021 3 minute read 2 comments ExponentialOne

My long term crypto goal is a stream of passive income - dividends, tokens, and coins flowing in day after day with little or no work. I started out on this journey of staking and dapps a few months ago and I am already seeing major gains in my incom...

How to Get FREE BNB Coin with the FREE Binance VISA Card💳 [Up to 8% BNB Cashback]

16 Apr 2021 1 minute read 0 comments cryptomining

Did you know it's possible to get FREE BNB (Binance coin) ? All you have to do is order a free binance card so you can get a crypto cashback when you spend your cryptocurrency. Get up to 8% bnb cashback on your spendings! Register on Binance and req...

Cryptocurrencies: Is 2021 the market correction or the bull run?

16 Apr 2021 4 minute read 7 comments PVMihalache

What if this is the market correction? I keep thinking about this and being part of the cryptoverse for so many years, I am starting to believe that my theory can be true! I was playing with crypto in 2017 when the market just crashed and every asset...

Top 10 Biggest Crypto Gainers (16-04-2021)

16 Apr 2021 1 minute read 0 comments Fizz on my Jayce

Top cryptos in Defi, Binance Smart Chain, Polkadot, NFTs, and the overall market that are the biggest gainers today, April 16, 2021.   Top 10 DeFi Coins   DeFi is short for “decentralized finance,” an umbrella term for a variety of financial appli...

Is BNB more valuable than BTC?

16 Apr 2021 1 minute read 0 comments Andrewgee740

First, yes, I know BNB is as centralized as they come. I am also aware that "centralized" is a synonym for "not based". However, those of you still reading, not malding, there is a case to be made that the BNB coin and ecosystem is superior to BTC. W...