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.


How To Margin Trade On Binance

23 Sep 2020 2 minute read 8 comments cryptoforcanadians

A friend of mine who I had gotten into trading crypto had recently asked me what margin trading is and how to margin trade. Those questions are what led me to writing up this post.  So what exactly is margin trading? In a nutshell you can think of it...

Binance Launchpool & Launchpad combo: Alpha Finance Lab (ALPHA)

1 Oct 2020 2 minute read 10 comments PVMihalache

More and more projects added to the Launchpool, giving Binance Coin (BNB) holders the opportunity to farm new tokens. The ALPHA launchpool will  be similar to the Flamingo (FLM)  and Venus (XVS) farming, however for Alpha Finance Lab (ALPHA) a new fe...

Get Brave Browser for Your Privacy –CZ of Binance

11 Apr 2020 1 minute read 16 comments CryptoSorted

While it costs you money to buy bitcoin and most cryptos, securing your privacy online is free –All you have to do is download, install and use the Brave Browser according to CZ, CEO of Binance. In a recent tweet, CZ urged his followers and twitter c...

BTC, ETH & BNB - Where Are The Next Bullish Stops?

31 Jul 2020 6 minute read 5 comments CryptoChartWizard91

The price for Bitcoin has exploded in July 2020 as the cryptocurrency managed to surge by around 22.60% to reach the current trading price of around $11,200. This has been an extraordinary month for Bitcoin as we finally saw the cryptocurrency breaki...

Non Fungible Tokens: What/How/Where. Thoughts and applications

13 Oct 2020 2 minute read 14 comments MikeZillo

NFTs are particular Tokens that give the Blockchain the possibility of not being associated solely with cryptocurrencies. The fungibility of an asset indicates the ability of individual units to be interchangeable. Let's take an example: if I have a...

Binance Trading Interface Tutorial

29 Aug 2020 1 minute read 6 comments cryptoforcanadians

If you trade on Binance, I'm sure you've wondered or thought about how you can change or customize the layout or user interface to your liking. I say this because I myself only really discovered this feature not too long ago and I've been using Binan...

Community Tells Binance's CEO to DYOR Under His Tweet On DeFi

25 Aug 2020 1 minute read 4 comments Abhimanyu Krishnan

On August 24, Binance CEO Changpeng Zhao tweeted criticism on the state of DeFi, and specifically the ill-fated YAM Finance protocol, which led to the cryptocommunity offering some criticism in return.  Zhao said that there would be “many projects l...

Binance Series Learn and Earn - Chiliz (CHZ) Quiz.

29 Aug 2020 1 minute read 15 comments FreedomBuilder

  🎁 Total Reward: Receive up to 700 CHZ ≈ $10 ✅ Create an account at Binance Exchange. 👉 Visit the Chiliz Airdrop Google Form. 🔶 Airdrop Terms and conditions:📌 Create an account at Binance Exchange, and complete the KYC Id Verification.📌 Complete the...

Blockchain Fees – Bigger Isn’t Always Better

25 Feb 2020 6 minute read 2 comments BitShares

  Originally published  here on News.BitShares.org   An overview on why blockchain fees matter. Fees, Fees, Fees. If “Location, Location, Location” is the mantra of real estate, then this is surely the equivalence in the blockchain world. As ma...

CoinMarketCap - Earn LUNA for learning about the Terra project

7 Oct 2020 1 minute read 33 comments PVMihalache

The 3rd "Earn money - Learn about Crypto" campaign started on CoinMarketCap. This time users will be rewarded LUNA tokens for learning about Terra Project. The campaign was supposed to end on Friday, the 9th of October but because the Binance's Luna...