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.

Top Crypto New | July,21th

21 Jul 2020 1 minute read 0 comments deleted00024

Part01: Crypto News 1- The creators of blockchain-powered virtual reality game Decentraland (MANA) reported that their Marketplace app has been added to Samsung Blockchain Wallet , a feature of Samsung's newest smartphones. Decentraland stated that...

What You Need To Know About Troy & Their Partnership With ChainLink

21 Jul 2020 2 minute read 4 comments Sapphire

So What Exactly Is Troy? Troy Trade is a global prime broker specializing in Crypto trading and asset management. Products and services offered by Troy include spot and margin trading, derivatives, data, custody, lending and staking. All of these ser...

Converting AWC to BTC/USD

21 Jul 2020 8 minute read 30 comments Thomas Wolf

Update 7-22-2020: Mainly for the TLDR: The fastest and most cost-efficient way to convert AWC to USD or another currency is by exchanging your AWC to BNB on Binance DEX, and then using ChangeNOW to exchange your BNB into whatever token/coin you want...

Bitcoin Could Retest 10,200-10,500 Again (Full Analysis)

21 Jul 2020 1 minute read 11 comments Tikyi Khant

So,I just had an alert of BTC/USDT going above all 50-100-200 MAs,MACD becoming bullish while breaking out of 4-hour Bollinger Band. So,I decided to check on the larger view again although my caution for Euphoric Crypto market remains the same as I...

What cryptocurrencies are great for long term investments?

21 Jul 2020 2 minute read 6 comments MadMaxx

Ever since I bought BAND at $0.5 and sold at $4, I've been very inclined towards longer term investments.  I made more money on my BAND trade than on any other trade I've ever made before, and I did that just by holding for a couple of weeks. It is f...

Binance Navigation Guide

21 Jul 2020 3 minute read 9 comments 🔶Binance Live News🔶

For the people who didn't know about Binance exchange here are some informations you need to know. What is Binance Exchange?Binance is the world's leading Blockchain and Cryptocurrency asset exchange.Binance is an exchange previously based in Hong Ko...

How did BTC perform during the quarantine?

20 Jul 2020 3 minute read 4 comments Roberto D.

The Coronavirus pandemic has had (and is having) a devastating impact on financial markets and the economy of almost every part of the world. What was the trend of Bitcoin during the critical phase of the Coronavirus pandemic? Today we analyze the be...

Complete Guide on How to Trade on Binance DEX!

20 Jul 2020 1 minute read 1 comment Tikyi Khant

Hi Everyone This is a guide for newbies who wish to trade on  Binance DEX.A little Intro about Binance DEX? Binance DEX is based on the Peer-to-Peer (P2P) protocol and allows users to exchange crypto assets directly between each other. Binance DEX i...

SXP Pumps 50% - Future Crypto.Com Competitor?

20 Jul 2020 1 minute read 0 comments Sapphire

Binance Acquisition Bringing Value to SXP Ever since Binance acquired London-based Crypto card issuer, Swipe, it has been on an absolute power move. Today, SXP is currently up well over 50% at time of writing and seems to be holding the current level...

Binance has completed the BNB burn. Let her run!

20 Jul 2020 1 minute read 0 comments MadMaxx

Get free SOL tokens here from Bitmax and Solana partnership! Hello and welcome to another article.  BNB is running very fast, and may soon reach $30, based on my fundamental analysis of "true value". Here's why. Binance is the creator of the BNB toke...