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.

A nightmare begins: CZ fired from Binance!

21 Nov 2023 1 minute read 0 comments Vibrantstories

After a long time inserted into Binance's ecosystem(e sendo o seu undador oficial).CZ seems to be no longer part of the financial services and blockchain technology company called Binance. And it seems that along with this loss the company will have...

1BTC Project - Binance on the ropes.

21 Nov 2023 2 minute read 0 comments 2MFTProductions

More bad news has rolled in for the Binance team and platform. Crypto legend and University of McGill legend Changpeng Zhao (CZ) has stepped down as the CEO of Binance. Obviously Crypto Twitter (CT) is in a absolute mad house with speculation and c...

BREAKING: Binance Founder Pleads Guilty to Violating Money Laundering Rules - Will Pay $50m Fine & Step Down as CEO

21 Nov 2023 2 minute read 9 comments Nico From BitGet Wallet

Per The New York Times:       “ Changpeng Zhao, the founder of Binance, the largest cryptocurrency exchange in the world, pleaded guilty to money laundering violations, a stunning blow to the most powerful and influential figure in the global crypto...

Chaos ensues - And what we can learn from it

21 Nov 2023 1 minute read 2 comments LeftFooted

I was having beer(s, plural) at the language exchange event that takes place every fortnight and then, on my way home, half tipsy, I opened Instagram and the algorithm decided I should know about Binance's chaos. CZ resigns, Binance to settle multi-...

Will the DOJ force Binance to compromise by pressuring Tether?

21 Nov 2023 1 minute read 3 comments Yugocean

     Department of Justice (DoJ)'s relationship with CZ and Binance US isn't sweet; now, after using Tether, DoJ may put pressure on Binance with its help. DoJ's screws on Tether      Tether is the largest stablecoin creator in the world, and Tether...

Claim Your Free McLaren NFT with Tezos

20 Nov 2023 1 minute read 3 comments Cryptofab

I recently came across an article about the partnership between Binance and Pierre Gasly, a Formula 1 driver. It got me wondering about other similar partnerships. My research led me to Tezos that has partnered with McLaren Racing. This partnership h...

My Rollercoin journey #1

19 Nov 2023 1 minute read 0 comments Pepestoned

Hey with that Blog i want to show to you guys how much I earn with Rollercoin and how much you could earn. So at first I started rollercoin back than in 2016 Ig, but i never payed somthing in Rollercoin, so its a free2play journey. This post is after...

Has Crypto Found Its New Best Friend in Formula 1?

19 Nov 2023 1 minute read 1 comment Cryptofab

I recently read an article about Binance partnering with Pierre Gasly to design his helmet, and it got me thinking about the growing partnership between crypto companies and Formula 1 (F1). At first glance, it might seem like an odd pairing – a high-...

Are Sport Partnerships Good for Crypto?

18 Nov 2023 1 minute read 2 comments Cryptofab

As you may know, Pierre Gasly, a Formula 1 driver, has teamed up with Binance to design a one-of-a-kind helmet for the Abu Dhabi Grand Prix. You may wonder about the possible advantages and drawbacks of such collaborations between the cryptocurrency...

Play express delivery for free and Earn $MEGA tokens in MegaWorld

17 Nov 2023 1 minute read 0 comments Cryptoray

Short review of MEGAWORLD Express Delivery Hello cryptonauts, today I bring you this new Free to play mode in MegaWorld where you can earn without invest your valuable cryptos. After starting my participation in the creators program a few months ago,...