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.


Update on Swissborg - A new promotion, two reward tickets for you!

6 Oct 2020 1 minute read 3 comments Overmind

  Hi all! As you know Swissborg gives everyone who register to the wealth app and deposit 50 € a reward ticket with a random value ranging from 1 to 100 € in BTC.  ---Quote from reference page starts--- How it works? STEP 1: Share your invitation li...

Top Coins To Trade & Hodl With Extremely Low Transaction Fees

22 Aug 2020 2 minute read 25 comments Sapphire

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1 Oct 2020 2 minute read 0 comments Kalu

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28 Aug 2020 2 minute read 6 comments Sapphire

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Tradingview for Uniswap

11 Aug 2020 1 minute read 8 comments bitcoindelight

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An Introduction To Cream Finance

3 Sep 2020 3 minute read 0 comments Btcbohr

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Use this to earn (XRP) Ripple & ADA Cardano free every hour !!

15 Jul 2020 1 minute read 4 comments delmosa

  To earn free cryptocurrencies you can use the crypto "faucets", this is a reward system that gives away small amounts of cryptocurrency. The faucets arose to try to make Bitcoin known to a wider audience. Therefore, they are a perfect tool if you w...

How Much Alpha I Earned Staking BNB

3 Oct 2020 1 minute read 0 comments Zemiatin

Hey guys. I am currently staking my BNB tokens on Binance Launchpool in order to earn Alpha Tokens. Here is how much I earned in the last 3 days: According to Binance Blog: "Alpha Finance Lab is an ecosystem of DeFi products, starting on Binance Sma...

How the Uniswap (UNI) token distribution made the crypto market unstable

23 Sep 2020 2 minute read 43 comments PVMihalache

Never take your foot of the gas, cause you are as good as your last plate - Chef Gordon Ramsey I covered the Uniswap distribution yesterday in a quick post but as Chef Ramsey was saying, you are as good as your last post, and that post was mediocre...

ENIGMA TO SECRET NETWORK

8 Oct 2020 1 minute read 0 comments Venkatz

  ENIGMA TO  SECRET NETWORK Enigma is one of the open-source secured computation protocol which handles blockchain functions, or smart contracts, on sensitive (secret) data. This protocol is mainly designed to solve privacy, scalability, and usabili...