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 to sell limited edition Bitcoin at 50% discount

2 weeks ago 1 minute read kripto sedat $0.13 tipped

  Binance to sell limited edition Bitcoin at 50% discount Cryptocurrency exchange Binance is Bitcoin's 11th. he will celebrate the year by offering a limited number of Bitcoin at a 50% discount. Cryptocurrency exchange Binance is Bitcoin's 11th. he...

Altcoins: May the bull run be with you!

1 day ago 3 minute read cryptovato1 $0.13 tipped

I recognize that I borrowed the title phrase from Star Wars. In the early 2019 we have seen sluggish sideway market in January and first part of February, then Altcoin’s wave started – peaking between April and June, depending  on each crypto. Bitcoi...

Binance opens to sterling deposits

1 week ago 1 minute read Roberto D. $0.13 tipped

That Binance intends to encourage the adoption of bitcoins by simplifying the exchanges from fiat to crypto, and vice versa, we have already known this for several months, what we did not expect was that the exchange would come to offer sterling and...

$140.6M in BTC are moved from Crypto exchange meanwhile a whale transfers $6.3M in XRP

15 hours ago 1 minute read $0.12 tipped

An amount of $140.6M in Bitcoin (BTC) has been moved from a crypto exchange meanwhile a crypto whale transfers an amount of $6,320,422 in XRP. An unknown crypto whale has transferred 16,001 Bitcoin (BTC) worth $140,600,000 ($140.6M) from the OKEx cry...

Cryptos Market Today

2 weeks ago 1 minute read Danoskie $0.12 tipped

Hello peeps,How are you doing!It's another wonderful bull run on the cryptos market as most of the top 100 cryptos gain in prices or values.Earlier this month, the bearish period was doing the cryptos more harm than good by reducing their prices and...

Burger King Venezuela start accepting Bitcoin and Other Cryptocurrencies.

2 weeks ago 1 minute read alberdioni8406 $0.12 tipped

In a country where Inflaction is beating heavily the currency,the solution it seems to be recovered in crypto and the adoption is ongoing mostly because of the country's economy. News are being spreaded that the government is planning to sell their O...

Binance announced adding Czech Koruny (CZK), Bulgarian Leva (BGN) and Romanian Lei (RON) Fiat Gateways

1 week ago 1 minute read DimitarM $0.11 tipped

I was just checking some stuff in my Binance account and saw this news. For those who don't know (or care) I'm Bulgarian.  They are adding my local currency to their Exchange so we can be able to buy BTC, ETH, BNB and XRP with our VISA cards. And I h...

Fnality, a blockchain-based company partnered with Enterprise Ethereum Alliance

5 days ago 1 minute read BitcoinNews.Today $0.11 tipped

Fnality International has recently partnered with the Enterprise Ethereum Alliance (EEF). As a member of Enterprise Ethereum Alliance, it will also work with other members to expand the blockchain technology. EEF is particularly established to advert...

The Perfect Christmas Gift from Binance... A CyberTruck From Tesla.

3 weeks ago 1 minute read alberdioni8406 $0.11 tipped

Binance is offering a CyberTruck from Tesla and $50,000 in Tokens TROY! The Cryptocurrency Exchange announced the Christmas Gift competition "Giveaway" that is already running,started December 23 to End in December 30. This "giveaway" will celebrate...

I invite everyone to join me Free Miner

5 hours ago 1 minute read lancelot7 $0.11 tipped

Hello my friends, I count on the help of everyone in the community and on my social networks, you who are entrepreneurs like me and who like to make money on the internet. The cool thing about it is that we earn 100 gh / s in the register and another...