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.

Burger King Venezuela start accepting Bitcoin and Other Cryptocurrencies.

2 weeks ago 1 minute read alberdioni8406 $0.11 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...

Ethereum Miner's Reward increased by 20% after Muir Glacier’s hard fork

2 weeks ago 1 minute read $0.68 tipped

The recent statistics revealed that the block time of Ethereum is lessened by 25% after the launch of Muir Glacier’s hard fork that happened two days ago. The Eth block time is reported to be happening from 17 seconds to 12.69 seconds. The blockchain...

Binance added pairs to negotiate with Euro.

2 weeks ago 1 minute read alberdioni8406 $0.17 tipped

Binance cryptocurrency exchange,one of the Main in the Market, launched pairs to be negotiated with Euro in Bitcoin (BTC), Ethereum (ETH), Tether (USDT), XRP, Binance Coin (BNB) and Binance USD (BUSD). This was announced in the Twitter page: As CZ s...

Binance planning some major acquisitions for 2020.

2 weeks ago 1 minute read alberdioni8406 $0.17 tipped

Binance the most expansive crypto exchange in the world always planning to reach more markets and maximise the mass adoption of crypto,is planning some big acquisitions in 2020. The Exchange that was founded by Changpeng Zhao "CZ" an Enthusiast that...


2 weeks ago 1 minute read Digital Asset Thinker $0.26 tipped

Hello dear CRYPTO ENTHUSIASTS, and investors, Here in this article, I would like to show you how HUGE is the actual pump on BITCOIN CASH. I think BITCOIN CASH is going to be one of the biggest suprise of the NEXT BULL RUN There is a tremendous potent...

Euro cryptocurrency trading, the opening of Binance to FIAT currencies continues

2 weeks ago 1 minute read Roberto D. $0.20 tipped

The binance growth strategy in 2019 was characterized by the opening of the exchange to FIAT currencies, thus reducing the need for traders to resort to stablecoins to protect themselves from volatility; 2020 opened in perfect continuity with this st...

Binance added pairs of EUR for BTC, Eth &XRP and has a plan for 180+ Fiats in 2020

2 weeks ago 1 minute read $0.59 tipped

Binance is on its way to open doors for more and more fiat currencies in exchange for cryptocurrencies. The latest post on the part of Binance unveils that they are going to add EUR against six cryptocurrencies for trading. ALSO READ: Ripple has unlo...

Wicrypt Firm Get Investment from the communication Authority in Nigeria.

3 weeks ago 1 minute read alberdioni8406 $0.08 tipped

Nigeria Blockchain Firms are increasing lately and the 2019 was marked in part for the Binance Partnership with Flutterwave to use Fiat Gateway allowing Nigerian to purchase Bitcoin,BUSD and BNB using Naira. Now as the Blockchain Industry goes forwar...

1/1/2020 Price Update: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litcoin, OX(ZRX), STEEM, Steem Base Dollars (SBD), Basic Attention Token, Bitshare, DAI, XRP, EOS, Binance coin, Huobi token, Maker

3 weeks ago 1 minute read Danoskie $0.18 tipped

  Hello,How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 1/1/2020HAPPY NEW YEAR!The market is getting bad little by little with nothing to wage the wave of bearishness.The market is down by -0.40% in the past 24 hours.I...

Binance to sell limited edition Bitcoin at 50% discount

3 weeks ago 1 minute read kripto sedat $0.12 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...