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: Two-tiered system to replace coins and notes in China

1 Sep 2019 1 minute read 0 comments goldenforex

The new framework is required to process 300,000 exchanges for every second. Retail installments, between banking clearing and cross-outskirt installments are the primary purpose behind the move. Binance's most recent research report says that China'...

Chinese Cryptocurrency CBDC can be used without a Bank

30 Aug 2019 1 minute read 0 comments CryptoArgha

China recently announced their launch of digital State crypto currency name CBDC(Central Bank Digital Currency) Binance labs research showed that China's upcoming cryptocurrency can be send or receive without linking any bank account to CBDC wallet....

2 Currencies more valued than bitcoin

29 Aug 2019 1 minute read 1 comment Medal182

Although bitcoin has already made a lot of gains over time for its investors, this time, it was not bitcoin that achieved a great valuation performance. Bitcoin has a 69% dominance, according to CoinMarketCap, over the rest of cryptocurrencies. Altco...

Summary for this week’s main Binance news

29 Aug 2019 1 minute read 1 comment Rubikav®

While you are surprised for the massive adoption of blockchain technology by world universities; the partnership that OneLedger made with google cloud; and how to Wikipedia has joined the list of verified brave browsers/BAT publishers; we want you to...

Bitcoin 08/29/2019 by dobobs

29 Aug 2019 4 minute read 0 comments dobobs

Bitcoin Price Falls Under $9.5K as Keiser Gives Ethereum $90 Target [cointelegraph.com] Bitcoin 7-day price chart. Source: Coin360 The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Coi...

Bitcoin 08/28/2019 by dobobs

28 Aug 2019 5 minute read 0 comments dobobs

Bitcoin Price Flatlines at $10K as Traders Brace for Expected Volatility [cointelegraph.com] Data from Coin360 painted a fairly unremarkable picture of Bitcoin markets on Wednesday, the largest cryptocurrency trading in a narrow corridor between...

Binance Lending

27 Aug 2019 1 minute read 0 comments Snow Under Sun

I first got started in lending when I used P2P lending services such as Lending club. B ut found that the amount earned and the no tax breaks made for a rather poor investment compared to other investment options. That coupled with really no recourse...

Bitcoin News 08/26/2019 by dobobs

26 Aug 2019 4 minute read 0 comments dobobs

Current Cryptocurrencies Price Chart [coin360.com] Crypto Week #34 Overview [coin360.com] Bitcoin didn’t manage to recover from last week’s losing streak and closed the week with losses, as did the rest of the top 5 cryptocurrencies. Most of them re...

Earn passive income from your BNB, USDT or ETC

26 Aug 2019 1 minute read 0 comments beachbummer

If you have bags of BNB, USDT or ETC lying around, you now have a way to earn extra income without selling your crypto! Binance has launched a new margin scheme where you can lend BNB. USDT or ETC to them, and they will in turn pay you an interest eq...

Binance will start Lending business?

26 Aug 2019 1 minute read 0 comments CryptoTapas.com

CZ is notorious in rattling the Crypto space.  Binance is an example of how he loves to disrupt the space he enters into.  When CZ tweets, Crypto'ers pay attention. About 6 hours ago, CZ tweeted this:   What does he mean? Most people are speculating...