Binance News, BNB Price Predictions, Opinions and Analyses Created by Users

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.

 BTC, ETH & BNB Price Outlook for Q1 2021 

7 Jan 2021 4 minute read 6 comments CryptoChartWizard91

It finally happened! The total market cap for the entire cryptocurrency market breached the magical $1 trillion threshold today, making it a day to put down in your diary to celebrate next year. The majority of the market cap is dominated by BTC, whi...

YFI staking in Binance HURRY UP!

7 Jan 2021 1 minute read 1 comment Makingdigital

Binance once again gives us another opportunity to farm cryptocurrencies and quality tokens that help us make our savings profitable. There is an option that includes the platform to do Lock Staking. It is a kind of permanent freeze that we make of o...

Binance Removal of Trading Pairs

7 Jan 2021 1 minute read 0 comments Makingdigital

If you are Binance users, it is important to know that the platform has updated the list of pairs with which we can trade. Depending on the regulation and support that there is in each cryptocurrency it is important to read these notices because we c...

Collateralising BTC Hashrate on Binance?

7 Jan 2021 3 minute read 0 comments bengy

    Binance has a CEX version of a farming and early round token support called Launchpool and Launchpad. They are slightly different, in that Launchpad is a lottery to purchase early rounds of coins, whilst Launchpool is a way to stake BNB/BUSD a...

Binance introduces Bitcoin Standard Hashrate Token (BTCST) Staking Pool (Launchpool)

7 Jan 2021 1 minute read 0 comments EliteHodler

Binance recently announced the new Reef Finance (REEF) on Binance Launchpool! Farm REEF By Staking BNB, BTC & BUSD Tokens BTCST Launchpool Details: Token Name: Bitcoin Standard Hashrate Token (BTCST) Total Token Supply: N/A (The total AUM of BTCST d...

Reef Finance Interview with Denko Mancheski by Alexandre Raffin from GAINS Associates

6 Jan 2021 1 minute read 0 comments GAINS Associates

Reef is a smart liquidity aggregator and yield engine that enables trading with access to liquidity from both CEXes and DEXes while offering smart lending, borrowing, staking and mining through the AI-driven personalized Reef Yield Engine. Reef aims...

Updates about ETH-2.0 rewards (on Binance)

6 Jan 2021 2 minute read 1 comment Ariman

In another post, here, I wrote about to what extent is a good idea to put Ethereum tokens to stake for the ETH 2.0 protocol. I was undecided, as I think most of us. While the rewards are good (5-20%), the waiting time is enourmous, maybe 2 years.  Fi...

Bitpay’s Sonny Singh Predicts Bitcoin Hitting $45,000 By February

6 Jan 2021 2 minute read 0 comments

2020 held numerous predictions for the cryptocurrency, some of which the asset exceeded expectations. Around last year’s ending, Bitcoin surged, which surprised most crypto enthusiasts since most believed it would not leave its $19,500 benchmark. Eve...

BNB Price Prediction

6 Jan 2021 1 minute read 1 comment kriptomann

It's been a wonderfull year ending of 2020 while new year continues with bullrun market that started with bitcoin and ethereum. Of course, the most famous and leading exchange, binance, and its native token, BNB, expected to increase price and gain...

Goodbye 2020, Hello 2021!

6 Jan 2021 1 minute read 0 comments NULS

As we look forward to 2021, we want to recognize the people, projects, and companies we have supported and guided. We acknowledge and thank our community contributors. They have tested for us, reported situations to us, celebrated with us, and a...