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.


Bitcoin Longs Outnumber the Shorts - Especially on Bitfinex

14 Sep 2019 2 minute read Rastaman87 $0.07 tipped

The amount of money that traders bet against Bitcoin in the form of shorts on Bitfinex dropped hard this summer. But perhaps more interesting than the drops is the fact that shorts, as measured by the total margin short on Bitfinex, haven’t recovered...

Curate Bitcoin 09/13/2019 by dobobs

13 Sep 2019 5 minute read dobobs $0.14 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. https://ci3.googl...

[Korean] Curate Bitcoin 09/12/2019 by dobobs

13 Sep 2019 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...

What is Binance Coin? [A Comprehensive Guide to Understanding BNB]

12 Sep 2019 6 minute read Mr.CryptoWiki $8.29 tipped

There are over 2500 cryptocurrencies for investors to choose from in this exhilarating world of crypto. However, over 95% of these coins are predicted by many experts in the industry to eventually fail. This is largely due to their intended use cases...

Missing Binance? Don't Worry, KuCoin Is Your New Best Friend

12 Sep 2019 1 minute read KeenanRIVALS $0.38 tipped

The Binance news scared a lot of people, the closing of their exchange in the US means a lot of coins will lose volume. But all hope wasn't lost, Binance came out with news that they'd be opening a new exchange here in the US and while this gave me h...

Curate Bitcoin 09/12/2019 by dobobs

12 Sep 2019 6 minute read dobobs $0.07 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...

5 Most Important Crypto News You Should Know Today (12 Sep 2019)

12 Sep 2019 4 minute read Brawnd0 $4.51 tipped

It’s yet another day in the crypto universe and there’s a lot that has been happening. This week’s big news has been Bakkt and Bitcoin’s hash rate, but that’s not all that’s been going on.  Some other less exciting developments, but still worth notin...

Is "LISK" Dying Cryptocurrency ?

12 Sep 2019 3 minute read Cryptoram $0.25 tipped

                               WHAT IS LISK   Lisk is right now the 48th on coinmarketcap its a platform for decentralized applications to launch on top of so lisk is competing with projects like EOS and ethereum and neo and tron all of the all the b...

The Trading Technologies platform is being rolled out by Goldman Sachs to the banks customers

11 Sep 2019 1 minute read goldenforex $0.21 tipped

Exchanging Innovations Universal (TT), today reported that the organization has been chosen by Goldman Sachs for the dissemination of its TT stage to the bank's clients. The stage has been accessible for some time and has included BTC fates since the...

Binance Launches Futures Trading Platforms

11 Sep 2019 1 minute read Rubika Ventures $0.39 tipped

Binance is delighted to announce the official launch of our Binance Futures Trading Platforms. Both Futures Platform A and Futures Platform B from the Battle for Binance Futures competition will be available for trading as wrote in the blog support....