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.


My first month on Publish0x

10 May 2020 2 minute read 16 comments PVMihalache

Since I was 15 or 16 years old, I had my personal blog, where I was writing all sorts of funny stories or adventures, opinions about events and my own artistic creations. I had few followers, mainly friends, who wanted to keep in contact with me, or...

New Binance Card To Allow Purchases Directly From Your Binance Account

13 Jul 2020 1 minute read 6 comments Abhi K

Binance CEO Changpeng Zhao has revealed that the exchange’s Binance Card, a crypto-to-fiat card for both online and offline merchants, is undergoing beta testing. Zhao himself is participating in the testing, as revealed by a tweet posted on July 10....

How To Trade Atomic Wallet Token (AWC) on Binance DEX

22 Jun 2020 2 minute read 7 comments xqanxxx

Hi guys, I hope we are all doing great :)  Last week I prepared a guide on how to trade the Atomic Wallet Token (AWC) on Binance DEx. The guide was made purposely for mobile device users as most of us are more conversant with our smartphones. Today I...

The CoinMarketCap / Binance Conundrum Rises Again Pt 2

9 Jun 2020 4 minute read 4 comments pheonixdown-dee

In the cryptocurrency ecosystem there is always a lot going on at once from numerous companies announcing updates to changes in the crypto price that a lot of news simply is viewed, digested, forgotten about and the process is repeated the following...

Wing (WING): the DeFi Digital Asset Lending Platform for everyone

19 Sep 2020 2 minute read 10 comments PVMihalache

What is WING? Wing is a credit-based, cross-chain DeFi lending platform which comes as an inovation to the digital asset lending market. The innovative highlight is given by the cross-chain interaction between DeFi products, creating and promoting a...

Four Things CZ (Accidentally!) Warned Us About Crypto in the Steem Debacle

3 Mar 2020 4 minute read 13 comments TheDesertLynx

By now you are probably aware of what went down with Steem and Tron, but if not, I’ll give you a quick recap: Steemit, the popular blogging platform run on the Steem blockchain, was recently acquired by Justin Sun, the infamous founder of the Tron cr...

How to Read A Trading Order Book

29 Jul 2020 1 minute read 6 comments cryptoforcanadians

I've recently been writing about how to trade crypto. Due to the positive feedback that I've been receiving, I thought I'd write another trading related blog post. In my previous blog post, I wrote about how to use Binance's trading dashboard/interfa...

Binance Accused of $9M+ Being Laundered On Its Exchange

15 Sep 2020 1 minute read 7 comments Abhi K

Japanese cryptocurrency exchange Fisco has accused Binance of aiding the laundering of $9 million from a 6,000 BTC hack that occurred in September 2018, according to court documents filed in the Northern California District Court on September 14. In...

BAT makes the list of the few assets you can buy on Binance.US

17 Apr 2020 1 minute read 7 comments xqanxxx

Binance.Us is a crypto exchange platform offering  crypto services  to the US populace. The platform is endowed with a range of services from cryptocurrency trading to staking. The platform currently supports over 30 assets via market and limit orde...

CoinMarketCap Changes - Marketing Ploy Via Binance or an Improvement?

20 May 2020 5 minute read 10 comments pheonixdown-dee

In the cryptocurrency ecosystem there is always a lot going on at once from numerous companies announcing updates to changes in the crypto price that a lot of news simply is viewed, digested, forgotten about and the process is repeated the following...