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.


Ark/Bitcoin (25 May) $ARK #ARK $BTC #BTC

25 May 2019 1 minute read CryptoStation $0.02 tipped

#BUY#WAITARK is showing many signs of strong increase within 1 week with profit up to 50%Current price : 852Buyzone : buy as close to 800 as possibleSellzone : 1000-1200Stoploss if price is lower than 760 and consider buying back around 650-665https:...

Ledger wallets sales doubled after hacking Binance

25 May 2019 1 minute read orton65 $0.03 tipped

The breaking of the Binance cryptocurrency exchange, which took place last week, had a positive impact on the performance of the manufacturer of hardware wallets for storing cryptocurrency Ledger. CEO Ledger Pascal Gautier said: "Binance underwent a...

Litecoin/Bitcoin (25 May) #LTC $LTC #BTC $BTC

25 May 2019 1 minute read CryptoStation $0.03 tipped

#WAITLTC seems to be responding positively to the Block Reward Halving incoming news in August. Currently, LTC has escaped the sideways pattern in downtrend and target is 0.0159 BTC in near futureHowever, I believe that LTC will move quite zig-zag so...

Binances shows that Margin Trading is Coming

25 May 2019 1 minute read kingscrown $0.14 tipped

Binance did a tweet about their new GUI changes today. But when looking at dark mode we saw - Margin there. When this comes... it will be huge. Binance can already move markets, imagine on margin with ie x10 or x100. Worth to mention that some simi...

Bitcoin/Tether (25 May) #BTC $BTC #USDT $USDT

24 May 2019 1 minute read CryptoStation $0.02 tipped

  Our last BTC signal failed and now BTC has returened to bullish. Target of BTC is 8275$ and 8600$. Current price is 8017$ and I believe that BTC will not be able to increase strongly from here but will return to re-test the 7800-7850$ support zo...

HyperCash/Bitcoin (24 May) #HC $HC #BTC $BTC

23 May 2019 1 minute read CryptoStation $0.01 tipped

#BUYHC is still in an uptrend and the strategy for HC is to accumulate the good price and sell as soon as it is pumped. Because market is quite weak and few coins have the ability to pump and hold priceCurrent price : 1566Buyzone : Buy close to 1500...

Cosmos/Tether(23 May) #ATOM $ATOM #USDT $USDT

23 May 2019 1 minute read CryptoStation $0.08 tipped

#WAIT#BUYATOM rebounded quite strongly from Fib 1.618 and according to the formation, ATOM could fully increase back to 4.65$ and 4.9$ in this wave and the future target 5.17$ will be able to achieve alsoStoploss if price is lower than 4.1$ and consi...

? LATEST NEWS FROM BINANCE

22 May 2019 1 minute read 215 $0.06 tipped

Binance's mysterious 2.0 announcement brought a record to BNB After Binance's mysterious 2.0 sharing, the BNB rose to the highest level of all time against the USDT.At 15.00, the CRPA Stock Exchange Binance shared a visual statement on its official T...

CelerNetwork/Bitcoin (22 May) #CELR $CELR #BTC $BTC

22 May 2019 1 minute read CryptoStation $0.08 tipped

#BUYCELR has fallen heavily after a strong rally and at current price zone, I believe that CELR will rebound and might be higher than the old peakBuyzone : accumulate 190-210Recommend Sellzone : 250-325-365Warning : Remember to protect your profit, b...

Bitcoin, EOS, BNB, BAT, ETH, LTC and XRP Analysis: Preparing to Move?

21 May 2019 1 minute read Workin $0.48 tipped

Bitcoin has held above $7,500 for 3 days now. We’re starting to see price get squeezed with lower highs and higher lows. It looks like we may see a larger move in the next 3-6 days. The weekly chart looks extremely extended. A decisive break below $7...