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.


Binance planning some major acquisitions for 2020.

2 weeks ago 1 minute read alberdioni8406 $0.18 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...

BITCOIN CASH MAKES HUGE GAIN WITH 13.10% TODAY. ARE YOU BULLISH ?

2 weeks ago 1 minute read Digital Asset Thinker $0.28 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. $0.21 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 Tokenhell.com $0.62 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.

2 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

2 weeks ago 1 minute read Danoskie $0.19 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 $0.13 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...

Binance SCAM

3 weeks ago 1 minute read The Joker $0.15 tipped

This time they claim to be Binance: https://www.youtube.com/watch?v=E_VmflsgjpM From the description of the video: "Binance CEO Zhao: Announcing biggest giveaway in history of 10 000 BTC in total and discussing BTC price and talking about Bitcoin pri...

Binance Creates Stable Coin Backed By Tether - :Satire:

3 weeks ago 2 minute read BitcoinGordon $2.25 tipped

Gordon Freeman here to bring you the most up-to-date things that aren't true, but should be. Binance announced (some random) Friday, once, that they will be launching a new stable coin expected to lead highest volume for the coming year. Having alrea...

Cryptos Market Today

3 weeks ago 1 minute read Danoskie $0.12 tipped

Hello peeps,How are you doing!It's another wonderful bull run on the cryptos market as most of the top 100 cryptos gain in prices or values.Earlier this month, the bearish period was doing the cryptos more harm than good by reducing their prices and...