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.


Curate Bitcoin 12/21/2019 by dobobs

3 weeks ago 6 minute read dobobs $0.07 tipped

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of CURATION. Every investment and trading move involves risk. You should conduct your own research when making a decision. [MARKETS DAILY...

Win A Binance NFT for Referring Users to Binance Futures for Three Days Only!

4 weeks ago 1 minute read TheLowDown $0.15 tipped

For all of the affiliate marketing specialists reading this, whom of which are interesting in guaranteeing one of these likely soon to-be valuable NFTs -- 50 participants with the most successful referrals during the promotion period will win a guara...

Binance Issues FREE NFTs to Binance/BNB Users/Holders - Candy Coin NFT Giveaway

4 weeks ago 1 minute read TheLowDown $0.07 tipped

In a six part effort, Binance is issuing multiple different NFTs (Non-Fungible Tokens) to users who complete various named tasks. Binance released a multi-tweet/blog set of instructions on how to participate in this holiday themed NFT giveaway/limite...

THE BIG FISH SWALLOWS THE SMALL FISH.BON APPETIT 💸 💸

4 weeks ago 1 minute read kripto sedat $0.08 tipped

  Cryptocurrency exchange Binance has invested in derivatives platform FTX. The investment is reportedly worth tens of millions of dollars.The cryptocurrency exchange Binance continues to expand its Sunday share in derivatives. The stock market has...

Binance and Kraken {The Good} and My very bad experience with etoro {don't go there}

4 weeks ago 2 minute read Digital Asset Thinker $0.14 tipped

IMPORTANT :  In the fields of cryptocurrencies when it is about disappointments , it is very difficult to recognize when you have been fooled. In the exchanges and brokers field, there are many people who lost their small money for brokers that are n...

Is Binance Coin (BNB) a Good Investment? In-depth Analysis and Near to Longer-Term Expectations

4 weeks ago 8 minute read CryptoBoomer $12.86 tipped

The cryptocurrency market as it stands today is littered with different cryptos. There are now nearly 5000 coins listed on CoinMarketCap! Such a high number of coins is really ridiculous and that’s why many experts predict that 99% of cryptos will fa...

18/12/2019 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

17 Dec 2019 1 minute read Danoskie $0.09 tipped

  Hello,How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 18/12/2019For crypto's bears vs bulls, the market is still down with about -5.33%, causing great changes on almost all the coins in my list. Cryptos are not gettin...

Curate Bitcoin 12/16/2019 by dobobs

16 Dec 2019 5 minute read dobobs $0.08 tipped

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of CURATION. Every investment and trading move involves risk. You should conduct your own research when making a decision. Bitcoin Price...

16/12/2019 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

16 Dec 2019 1 minute read Danoskie $0.09 tipped

  Hello,How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 16/12/2019For crypto's bears vs bulls, the market is still down with about -0.85%, causing great changes on almost all the coins in my list. Cryptos are not gettin...

13/12/2019 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

13 Dec 2019 1 minute read Danoskie $0.14 tipped

Hello,How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 13/12/2019For crypto's bears vs bulls, the market is now up with about 0.13%, causing great changes on almost all the coins in my list. I predicted this bull run yes...