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.

The week of all-time-highs: the top 4 Coins on Coinmarketcap

20 Feb 2021 1 minute read 2 comments Batinium

The week beginning from the 14th ending today 20th February, has seen some bullish trend across the many cryptocurrencies in the market. Some coins grew by more than 80% e.g  Ravencoin (RVN). Due to the bullish trend of Bitcoin and many other coins,...

DODO Reborn

20 Feb 2021 1 minute read 0 comments NosCha

The 17th project on the Binance Launchpool has been launched - DODO, a Decentralized Exchange Leveraging the Proactive Market Maker Algorithm. As per DODO docs, it features highly capital-efficient liquidity pools that support single-token provision,...

Just Took Half My Portfolio Off of Sorry Ass Ethereum

20 Feb 2021 4 minute read 27 comments AlucardLife

Thank GOD the wider crypto community finally got smart and migrated to Binance Smart Chain. If you've been reading my posts, then you know I think Ethereum Network is a bunch of bullshit. The fees are ridiculous, and I have been absolutely exhorting...

BTC hits $1 Trillion market cap

20 Feb 2021 1 minute read 1 comment manilpwn

Amidst the epic bull run that has been continuing for a few months now, the upwards momentum of BTC has been amongst the most phenomenal of growths. Today, the cryptocurrency that started it all reached a total value of over $1 trillion USD, or 4 tim...

How Do I get into the Cake Game? Part. 2 BSC, Bridges & Eth Maximalists are losing their minds

19 Feb 2021 4 minute read 0 comments tim-time

  Well I wanted to continue my series on how to get cake but then today happened. But I have read so many stupid tweets about how BSC is a crime against humanity and centralization is selling our souls to CZ. Everyone needs to relax. The free market...

Binance Coin appreciates 1000% in 1 year and becomes the third largest cryptocurrency in the world

19 Feb 2021 2 minute read 1 comment iMarcushe

Binance Coin has gained a lot in recent weeks, making it the third most valuable on the market today. Thus, Tether (USDT), the main stablecoin, was surpassed by the broker's cryptocurrency. Binance's currency buyer movement is one of the most notabl... CRO is surging above ATH

19 Feb 2021 1 minute read 0 comments Cryptofab CRO has succesfully completed its Crossfire mainnet dryrun after having launched its derivatives exchange. The exact mainnet launch date will shortly be announced. CRO has recently surged and might pump higher once the mainnet launch date...

Binance Coin price up 60%

19 Feb 2021 1 minute read 2 comments nervi

Bitcoin's price crossed the $55,000 threshold today. BTC's capitalisation is more than a trillion dollars. Binance Coin, in turn, has climbed to the third place of cryptocurrencies in terms of capitalisation. It stands at over 47 billion at the momen...

Top losers last 7 days list

19 Feb 2021 1 minute read 1 comment Cryptofab

Most of you are focused on the winners of the week, e.g. BNB. However, it might be worthwhile looking at the top losers in order to buy the dip. So the question is: while Bitcoin and most of the altcoins were increasing, which coins underperformed? L...

Why Should I Open A Binance Exchange Account ?

19 Feb 2021 1 minute read 0 comments mertcan37

Why Should I Open A Binance Exchange Account?             Binance is developing at an amazing rate, and if this maintains up, it'll be one in all the largest crypto exchanges primarily based totally on buying and selling volume. Additionally, ma...