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.

Crypto Weekly Roundup with Crypto Rays

4 Oct 2020 1 minute read 1 comment Venkatz

Crypto Weekly Roundup Crypto Rays Kucoin Update On 26th of September a security hack happened in Kucoin with 150$ million Crypto Assets are stolen Now  on October 3rd Kucoin global  CEO  Johnny Lyu  Tweeted  about that security Incident they found t...

September Income Report: It's Harvest time!

4 Oct 2020 4 minute read 49 comments PVMihalache

In august ... crypto was my thunder-buddy! It was amazing to be able to maintain the growing trend and pocket £342, which is over a third of my monthly salary. As no Publish0x competitions were announced in September, I sobbed and thought that I will...

How Much Alpha I Earned Staking BNB

3 Oct 2020 1 minute read 0 comments Zemiatin

Hey guys. I am currently staking my BNB tokens on Binance Launchpool in order to earn Alpha Tokens. Here is how much I earned in the last 3 days: According to Binance Blog: "Alpha Finance Lab is an ecosystem of DeFi products, starting on Binance Sma...

What will happen after BitMEX?

3 Oct 2020 1 minute read 3 comments Heruvim78

As BitMEX, the Seychelles-based crypto exchange, faces a series of civil and criminal charges from U.S. regulatory authorities, more than 41.000 BTC were withdrawn from BitMEX, and further data shows that most of if went to its competitors, Binance,...

Stimulus yes, Crypto too

3 Oct 2020 1 minute read 0 comments alquimista1501

The market has responded sharply in recent days. The fine line that has some fundamentals remains fragile, ruthless and incomprehensible. The news of the contagion of the North American president is a clear example of how the markets react to uncerta...

Binance smart chain advantage & Uses how to connect trust and metamask wallet with Binance smart chain

3 Oct 2020 3 minute read 2 comments Dipendra

Hello Guys :-D Binance is a top most exchange of the world in crypto industry and it is becoming more easy to use, accessible, and offer best product to his customer In defi season many trader, and investor got to much profit but one thing which is n...

BNB Gets Rejected Before Reaching $30 (TA - 2nd of October)

2 Oct 2020 1 minute read 3 comments pheonixdown-dee

The Binance Coin (BNB) price was rejected on Sept. 30 and initiated a drop that is still ongoing. While a short-term bounce is expected, the direction of the longer-term trend is unclear. Creation of a Lower High On Sept. 14, the BNB price reache...

What Is The Tag / Memo On Centralized Exchanges?

2 Oct 2020 1 minute read 0 comments ☑️Arͬcͨaͣ🅽🅶eͤl̜̝̖̼͔̞̃ͮ͑̐̉͌🅾➏➏➏

Very often on some exchange (Binance above all), in addition to the wallet address (where to send a crypto), "𝕥𝕒𝕘" or "🅼🅴🅼🅾" are requested. These are combinations of letters and numbers.What are they for? They are used to identify the transaction and...

Burn is an interesting prerogative of cryptocurrencies

2 Oct 2020 1 minute read 0 comments MikeZillo

Leaving aside the speculative aspect, in any case respectable as a trader, it has a very important financial significance and it is the basis of some coins among this new type of digital money. It works exactly the opposite of fiat currency. #Burn is...

Binance stops flexible staking?

1 Oct 2020 1 minute read 3 comments d-erf

Hello all, All is in the title, announced by binance on their website today october the 1st. One only word comes to my mind now: f**k! It allowed my shitbags to grow a little, for potential profitable future... Will seek for another platform to do so...