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.


Origin Airdrop

12 Feb 2020 1 minute read 0 comments photokrzys

Airdrop Origin Up to 1000 OGN Listed 9 Jan 2020 Binance Join me on Origin and earn Origin cryptocurrency tokens (OGN). Origin is a new marketplace to buy and sell with other users. Earn Origin tokens when you create your profile, invite your friends,...

Earn Free Cryptocurrency with Binance Staking Without Having to Work for It

26 Nov 2019 2 minute read 0 comments ModernEuler

Proof-of-Stake cryptocurrencies (Staking coins in short) enable its holders to earn a passive income through its crypto dividends. Proof-of-Work coins, on the other hand, do not have this way of income. You hold coins and simply wait for the price to...

NEW: BITBOOK.ag CONTEST: Win up to 15,000 Bitbook (BXK) & 0.3(3127$) BTC by doing social tasks!

24 Jun 2019 1 minute read 0 comments arshad1214

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11 May 2019 1 minute read 0 comments Nengi147

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Get 30 000 CELFIT free?!

2 May 2019 1 minute read 0 comments Fouazben

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New BAT Crypto Faucet Available

29 Apr 2019 1 minute read 3 comments mjscoin

The Topcoins faucet launched using Binance coin a month ago.  Over time, they have increased claims by about 5x and now that have added BAT (the Basic Attention Token used by the Brave browser).   These are two coins not offered by many other faucets...

BNB Faucet - EARN FREE BNB! No Captcha! Instant withdrawal to FaucetPay!

24 Nov 2023 1 minute read 0 comments FreeCryptoBro

Wassup Crypto people!   Despite the recent problems Binance encountered (CZ's departure from Binance C.E.O. position & the 4 billion $ fine), I am still holding some of my Crypto on it, and I still believe Binance is one of the safer Crypto exchanges...

Freemasons Doge Airdrop Campaign

10 Apr 2022 1 minute read 0 comments ShadowCrypto

    PRIZES  10 TRILLION TOKENS Everyone who join in the airdrop will win tokens, that will be divided by the number of winners! Join the Airdrop here: https://wn.nr/rUUQFp Only some random wallets will be subject to compete for the NFT giveaway!!! We...

Coinmarketcap Airdrops are Expensive for Participants

2 Jun 2021 3 minute read 0 comments handtalk5

We have been here before I remember the early months of 2018 when the ICO craze was raging and each and every MINT student released their own whitepaper, most not even caring (nor knowing) how the solution they were describing could possibly be imple...

Elonward Airdrop - Free 500,000 ELONWARD tokens ($100)

10 May 2021 1 minute read 0 comments koialyssa

Elonward is an autonomous yield and liquidity generation protocol that directly rewards holders, while continuously increasing liquidity. The company is doing an airdrop for 500,000 ELONWARD tokens worth $100. They are offering 50,000 ELONWARD tokens...