Binance News, BNB Price Predictions, Opinions and Analyses Created by Users

Binance Coin (BNB)

1,638 Articles 2055 Followers

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.

Kava Coinmarketcap Learn & Earn distributions status update

1 Oct 2020 1 minute read 0 comments ircrp

  Having written my latest post about the new Coinmarketcap Learn & Earn Luna tokens campaign I've came to find out mainly through the comments you lovely people have left, that most participants of the previous Learn & Earn campaign for Kava are sti...

BurgerSwap, DeFi by Binance

1 Oct 2020 3 minute read 3 comments BenKenobi

We prefer Burgers 🍔 over Sushi 🍣 BurgerSwap is an open-sourced and democratized automated market maker. Since few days, BURGER is listed on! In parallele was launch BurgerSwap, the first decentralized and democratized AMM on Binance Smart...

4 Popular Cryptocurrency Exchanges among Iranians

21 Sep 2020 1 minute read 0 comments Melina Mehr

After Bitcoin made its way into the public mind as a monetary innovation, it was gradually able to offer all the functions of money while trying to eliminate the problems of physical money. In this regard, in a short time, the demand for cryptocurren...

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...

Binance built an innovative zone for DeFi traders.

22 Sep 2020 1 minute read 0 comments alberdioni8406

The biggest exchange (centralised) in volume transactions of the world Binance, created an "innovative zone" for DeFi traders and to be part of this, negotiators will need to answer basic questios to be able to participate in the ecosystem, if they f...

CryptoCompare September Exchange Review

9 Oct 2020 2 minute read 6 comments Rubikav®

This time CryptoCompare covers monthly trends in exchange volumes and this month also features survey data from 26 exchanges. September has been an eventful month despite Bitcoin’s lower volatility: Binance took the top spot for derivatives trading v...

Bitcoin, Cryptos and their criminal veto

7 Oct 2020 1 minute read 0 comments alquimista1501

We know many topics related to Bitcoin and cryptocurrencies, their great momentum and growing popularity make them the target of countless criticisms and alleged weaknesses that their detractors do not skimp on educating with depth and content. The e...

Save on Ethereum Gas Fees when Yield Farming Stakeing Coins or Uniswap Trades

16 Oct 2020 1 minute read 0 comments kingscrown

  See how to not spend big money on gas fees ethereum or uniswap trading.In video we share the platforms:1inch - - - - - Only...

Top 10 Cryptocurrencies on CoinGecko

5 Oct 2020 1 minute read 0 comments JoeyAddItUp1

The 10 Cryptocurrencies on CoinGecko Today we want to share with you CoinGecko's Top 10 cryptocurrencies with the largest market cap in the cryptocurrency market. We will briefly get into each one of these cryptocurrencies. Let's go!  #1. Bitcoin(BT...

OKEx's CEO: Binance is Acting Irresponsible!

20 Sep 2020 1 minute read 0 comments Yasin

Sushiswap (SUSHI) and BakerySwap (BAKE) projects were highly criticized for their involvement in the increasingly fiasco "food meme" rush and for their creators remain anonymous. OKEx CEO Jay Hao commenting on his Twitter account about Binance's BAKE...