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.


Binance Launchpool: Bella Protocol (BEL) for BNB holders

11 Sep 2020 2 minute read 29 comments PVMihalache

The Bella Protocol (BEL) is a hybrid project that is both DeFi and CeFi in the same time. Bella provides custodian services as a DeFI gateway, yield farming strategies with smart contracts and has the ability to be integrated with CEX's for yield far...

Cryptocoins Spotlight #1: UMA

12 Sep 2020 1 minute read 0 comments Foivos Karkanis

The Cryptocoins Spotlight series is a collection of articles giving you a short summary of many important cryptocoins in the market right now. Since the market will never stop changing, I will try to constantly update these articles. The following po...

TOP 5 Crypto News (31 March '20)

31 Mar 2020 5 minute read 23 comments Brawnd0

Hey guys. We are plodding along, battling lockdowns and anticipating the halving, and expectant of a bull run soon.  As all of these major geopolitical events and macroeconomic factors occur, the crypto industry keeps itself busy. I’ve covered some o...

Farming WING on Binance Launchpool Available

14 Sep 2020 1 minute read 0 comments Russell

Binance Launchpool is launching its second round for farming new tokens. After allowing users to farm BEL tokens from the Bella protocol, now Binance users will have the opportunity of farming WING tokens. The only requisite for farming these tokens...

Why You Should Not Join Any Paid Trading Groups

28 Jul 2020 3 minute read 10 comments Tikyi Khant

Hello everyone,today I want to give some insights on why we should not spend a single penny on Paid Groups.I know you want to speak and complain once you saw the title. 1.So first of all,I understand not everyone of us can analyse the coin's price/ch...

Brave Browser Users To Receive Rewards in BNB & BUSD In Addition To BAT

5 May 2020 1 minute read 42 comments xqanxxx

It was just a few days ago that Binance announced their partnership with Brave browser to integrate its Widget into Brave's Nightly and Beta versions. Read here: Binance Widget Finally Featured In Brave Desktop Browser Earlier today, Binance CEO Cha...

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...

5 News You Might Have Missed This Week (2 - 5 March)

5 Mar 2020 5 minute read 10 comments Brawnd0

So we have begun March somewhat optimistically. While the prices may not be as high as people like, it does feel like we may have a big bull run around the corner. Support levels seem to be holding and a lot of (mostly) good news seems to be pouring...

Trading Opportunities for Short Term Profit #1 (14 April 2020)

14 Apr 2020 7 minute read 43 comments CryptoChartWizard91

Hello traders, Today I would like to try something a little different by providing some potential trading ideas that I have my eyes on. Remember these are just trading ideas and are not to be used as blind signals. You should always be conducting you...

An Introduction To Cream Finance

3 Sep 2020 3 minute read 0 comments Btcbohr

Welcome, welcome. Hope you guys are ready to yield some frosty CREAM! WHAT IS CREAM? Cream is a fork of the Compound protocol, a peer-to-peer lending protocol on the Ethereum network, created by Jeffrey Huang. However, it has joined in a strategic p...