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.


Will the Markets Survive the newly recorded Covid-19 cases?lyc

18 Jun 2020 1 minute read 0 comments Mabla

The market never came to halt like they did when the Covid-19 pandemic struck the whole word and almost every country was on lockdown and this whole disease brought chaos to the markets and companies closed and stocks fell hard including crypto curre...

Binance to Launch UK Trading Platform This Summer

18 Jun 2020 1 minute read 1 comment Abhi K

Binance will launch a trading platform in the United Kingdom in the summer, according to a Reuters report on June 17. Marking yet another market that the popular exchange is attempting to tap into, the launch is expected to have 65 assets available f...

Binance expanding to the United Kingdom.

18 Jun 2020 1 minute read 0 comments Panzer

One of the leading cryptocurrency exchange, Binance, will soon be expanding its business to the United Kingdom with a regulated crypto trading platform for both institutional and retail investors.  With this platform, Binance aims to tap the institut...

Huge News: Binance launching a UK Trading platform.

17 Jun 2020 1 minute read 2 comments Vms_Crypto

This is pleasing news from Binance. A leading crypro currency exchange has just announced they will be expanding their platform in the United kingdom for institutional and retail investors alike. Many of the European Union countries would also benefi...

What is Binance Coin (BNB)? — ‘Exchanging the World’ — Beginner’s Guide

17 Jun 2020 6 minute read 5 comments cryptomagis

The idea of cryptocurrency exchange does not remain as a less explored one in the present world. Because of the high-flying profits and the ease of working, the prospects attract a lot of user interest. Meanwhile, the cryptocurrency exchanges use the...

Why Theta? Google Cloud as Enterprise Validator Node

17 Jun 2020 1 minute read 1 comment JP Crypto

Google Announced as Enterprise Validator Node I will give you in a series of articles the reasons to believe that Theta Labs is a strong project, with a lot of future and destined for great things. So let's go with the first one, announced recently....

Binance is Set to Launch a Regulated Crypto Trading Platform in the UK This Summer

17 Jun 2020 1 minute read 1 comment BitcoinNews.Today

Binance, the world’s leading cryptocurrency exchange in terms of trading volume, has announced today on June 17, 2020, that it is going to launch a regulated crypto trading platform in the U.K. most expectedly in the summer of the present year. ALSO...

Cryptocurrency Updates - 17/06/2020

17 Jun 2020 2 minute read 0 comments Gamer Boy1110

Today's Updates are for following Cryptocurrencies   1. Ethereum 2. Dash 3. Zilliqa 4. Binance 5. DIVI  6. EOS 7. Augur 8. Decentraland  9. ARK 10. Obyte     Binance, Crypto.com,Huobi Wallet and Three other  Crypto firm have joined Ethereum 2 Staking...

The correlation between exchange tokens and Bitcoin

17 Jun 2020 1 minute read 0 comments Jumble

Introduction In an earlier post the HODL results for 1-year and year-to-date for the Binance (BNB), OKEX (OKB), and Houbi (HT) exchange tokens are shown. The usual subsequent question is, “what is the correlation between the exchange tokens and Bitco...

3 of the best and most widely used Cryptocto Exchange Derivative Exchange in 2020

17 Jun 2020 2 minute read 2 comments Squidy analysis

Derivative trading is a two-way trade where customers can take profits when prices rise or fall. One derivative trade is a futures trade, which is an exchange contract for payments whose price is taken from the reference object (in this case cryptocu...