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.


Happy Halloween! Trade IOST, $100,000 in IOST to Give Away!

1 Nov 2019 2 minute read ModernEuler $0.13 tipped

  Trade IOST, $100,000 in IOST to Give Away! #Binance and #IOST will be giving away a total of 100,000 USD in IOST tokens on 2019/11/01 0:00 AM to 2019/11/08 0:00 AM (UTC) https://binance.com/en/support/articles/360035735871… sign up Binance Exchange...

TA Master Long Term Premium Perspective For Binance Chain To Become A Champion

31 Oct 2019 6 minute read Rubika Ventures $47.46 tipped

Hi Rubikators! With the following educational article, we want to really teach you how to become a true champion in the cryptocurrency market. For this case, we want to show you that it is not necessary to stay on the computer 24 hours a day watching...

What’s pushing Chainlink (LINK) price to new RECORDS!!

30 Oct 2019 3 minute read N $2.54 tipped

  Tons of Integrations and Strategic Partnerships are Powering Chainlink price Forward For the past few days, the market mood has been upbeat. Everyone is speaking about the new bull market which is around the corner and we are seeing a lot of coins...

BNB / USDT technical analysis [BINANCE]

30 Oct 2019 2 minute read MrBullishSail $0.79 tipped

BNB seen from the temporality of 1W we can observe how the price has found a strong support zone in the monthly demand located within the price range of 14.80 – 17.55 that we see indicated inside the graph above by the two horizontal black color, th...

Will Ethereum’s impending switch to Proof of Stake have a good effect on the cryptocurrency industry?

30 Oct 2019 2 minute read starke_kunst $0.24 tipped

Not long ago, Binance published another report with a trend analysis of the crypto industry. The exchange experts agreed that the upcoming switch of Ethereum to Proof-of-Stake would seriously affect all other cryptocurrencies. Analysts also reviewed...

New Binance opportunity by one-day-lending

29 Oct 2019 1 minute read NinoPi $0.06 tipped

In addition to the loan program mentioned in the last article dedicated, in which the duration is 14 days, now on binance it is possible to sign contracts of daily duration with variable interests. the capital is blocked and cannot be used on the day...

Binance lists blockstack tokens for $250k

29 Oct 2019 1 minute read CryptoArgha $0.13 tipped

Worlds largest crypto currency exchange binance lists blockstack token   Blockstack is a decentralized computing network that stores and encrypts user identity to be used on multiple platforms one time with blockchain security  One report by security...

What Is QASH? - [A Comprehensive Guide to Understanding QASH]

28 Oct 2019 6 minute read Mr.CryptoWiki $5.02 tipped

QASH is the life force and native cryptocurrency for the popular exchange platform called Liquid.com. The use case of QASH is similar to other crypto exchange tokens where you can get extra benefits when you hold some QASH tokens in your Liquid.com a...

Curate Bitcoin 10/27/2019 by dobobs

27 Oct 2019 5 minute read dobobs $0.05 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. Current Market Pr...

TRUST WALLET REVIEW SAFETY RELIABILITY & USER GUIDE

27 Oct 2019 5 minute read Curexmy.com $2.16 tipped

Many Wallets are in the market of cryptocurrencies and blockchain world where many other companies are providing their services regarding to wallets for cryptocurrencies so here we discuss about the most popular and with very great name is Trust wall...