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 spends $200 000 on a security company

12 Nov 2020 1 minute read 0 comments DimitarM

The cryptocurrency exchange Binance paid $ 200,000 to a group of investigators to help catch the hackers behind the March 2018 attempt to hack the platform. Users who used API keys to synchronize with trading bots then fell victim to unauthorized tra...

BNB Price Analysis 12 November 2020

12 Nov 2020 1 minute read 0 comments Suryakantdalai

Remember to read the date of this post carefully. In this post, you will get the live price of daily Binance coin. We also provide you with the BNB's market capitalization, weekly, monthly value, trading volume, peak and lowest prices and trading vol...

REPORT: Binance Gives $200K to Investigators Who Helped Identify Actors Behind 2018 Attack | CoinDesk

11 Nov 2020 1 minute read 0 comments BLOCKCHAIN BRAIN

Daniel Palmer, CoinDesk's longest-tenured contributors, and news editors who have authored over 750 stories for the site, a few moments ago published an article where he said that *Cryptocurrency exchange Binance has followed through with its pledge...

2021 will be spectacular, Bitcoin will cross $100,000 - PlanB

11 Nov 2020 1 minute read 7 comments Permabull

PlanB recently said Bitcoin will tap $100,000 - $288,000 before the end of next year. Following the news around Bitcoin (microstraategy, Paypal, DBS, JPMorgan, Stanley Druckenmiller, etc) it feels like the smart money is moving to Bitcoin. Some of th...

Critical Etherum services go down for couple of hours

11 Nov 2020 1 minute read 0 comments ircrp

  An issue arising in the early hours of 11th November 2020 with one of the most used APIs for an instant & scaleable access to the Etherum blockchain provided by Infura & Blockchair have suffered an outage leading to users reporting MetaMask glitchi...

Dusting and Cleaning

11 Nov 2020 1 minute read 1 comment alquimista1501

And it is precisely what many in the mining business are doing, taking back those old models of mining equipment, cleaning them and putting them to work because the illusion that shows the downturn that the Bitcoin mining hit is a providence. For man...

Pancake Swap Yield Farming Introduction (300%?!?!)

10 Nov 2020 2 minute read 4 comments cryptoforcanadians

Over the summer there was a lot of interest in yield farming. That interest seems to have waned though. Do I think that De-Fi is a fad? No I don't. Do I think that it'll make a come back? Yes, probably. I personally don't think that yield farming wil...

Crypto.com Bets On Future By Letting CRO Fall

10 Nov 2020 1 minute read 1 comment Lorenzo Giovannini

Crypto.com changed its card tiers since past 2nd November. The amount of CRO requested is more than doubled, from 1000 CRO to 2500 CRO for the Ruby Red Card, which gives 2% cashback on every purchase made with the credit card they give you, from 1000...

Nexo Adds Binance Coin (BNB) To Their Daily Interest Earning Program

10 Nov 2020 1 minute read 0 comments doesalexx

As part of Nexonomics, Nexo's master plan to power up the value of their in-house token, Binance's BNB, has become the next cryptocurrency to join the "Earn on Crypto" party over at Nexo's. Supporting for BNB on Earn has been teased for a long time,...

🚀🚀 Billionaire Stanley Druckenmiller says he now owns Bitcoin 🚀🚀

10 Nov 2020 1 minute read 2 comments Permabull

Not the first and definitely not the last big investor, investing into Bitcoin this year. For those who don’t know, Stan Druckenmiller is arguably the most successful living investor. So many other investors with a lot of money do copy anything that...