Binance Coin News (BNB) - Page 1

February: Top 10 Currencies (Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, Stellar, TRON, Binance Coin, Cardano)
Disclaimer: the following info and suggestions can?t be considered as professional trading advice, so put orders considering other factors and be sure that you know about potential risks. After the year-long bearish market, the crypto world begins its new upgoing phase, optimists claim. Even without skyrocketing prices of top-rated currencies, we see positive news like $130 million deal by Pantera Capital or multi-billion investments in Morgan Creek performed by pension funds (that?s the first case ever!). These news come with good info from the exchanges? ecosystem where traditional brands like Eurex increase their interest in cryptocurrencies. But how this situation affects prices? Let?s see.
February 25, 2019 1:23 PM

traderschat.io

Binance Coin | BNB Coin | BNB Price | Binance Coin Price | Info.binance.com
From the ICO, Binance issued its own token called the Binance Coin, with BNB as the symbol. BNB runs natively on the Ethereum blockchain and follows the ERC20 token standard.The token was established with a total supply of 200 million. As per our whitepaper, Binance plans to use 20% of our profits each Quarter to buyback and burn BNB, until 50% of the total BNB supply (100 million) is burned. The BNB token itself has multiple forms of utility, essentially being the underlying gas that powers the Binance Ecosystem. The current most prominent use cases include using BNB to: - Pay for trading fees on the exchange, obtaining the equivalent of a 50% discount on trades (during the first year). - Monaco has included support for Binance?s BNB token to its platform which includes the Monaco Visa Card and mobile app. - Uplive platform supports BNB to buy virtual gifts. BNB Value & Repurchasing Plan 1. You can use BNB to pay for any fees on our platform, including but not limited to: Exchange fees, Listing fees, and any other fee. When you use BNB to pay for fees, you will receive a significant discount: 1st year: 50% 2nd year: 25% 3rd year: 12.5% 4th year: 6.75% 5th year: no discount 2. Repurchasing plan Every quarter, we will use 20% of our profits to buy back BNB and destroy them, until we buy 50% of all the BNB (100M) back. All buy-back transactions will be announced on the blockchain. We eventually will destroy 100M BNB, leaving 100M BNB remaining. Decentralized Exchange In the future, Binance will build a decentralized exchange, where BNB will be used as one of the key base assets as well as gas to be spent.
January 17, 2019 2:43 PM

info.binance.com

Binance Coin Exchange Token Prince - Coin Savage
Thant11 is currently ranked #13 on the Coin Savage Leaderboard The token that we?re going over in this article really doesn?t need an introduction. We?re of course talking about Binance Coin or BNB. As the token for the Binance exchange, BNB has been an industry leader and an example for other exchanges on how to launch their own exchange token. In fact, it may be more apt to say that other exchanges have sought to copy Binance and their success with BNB. Here we?ll be taking a look at the basic details of Binance Coin, the advantages a user of Binance receives with the token, and Binance?s plans for the future.
January 13, 2019 10:52 PM

coinsavage.com

Top 5 Crypto Performers Overview: Tron, Neo, Cardano, Binance Coin, Litecoin
The recent market sell off may indicate that the process of bottom formation will be volatile. What does this most recent market sell off mean? Let?s check the charts After a strong start in 2019, the crypto markets have witnessed sharp selling that dragged the prices down by about 10 percent on Jan. 10. This indicates that the process of bottom formation will be volatile. The traders should aim to book quick profits and trail their stops higher to protect any potential profits. The important event that turned the tide in favor of the bears was the 51 percent attack on the Ethereum Classic network.
January 13, 2019 8:22 PM

cointelegraph.com

Binance Coin Burn Is Around The Corner How The Coin Burn Works | Oracle Times
The crypto world and the technology behind it are still intriguing for traders and investors as well from all over the world. A token burn is a common occurrence, and some crypto companies may decide to burn some of their tokens from the circulating supply for more reasons. This is known as coin burning, and it has been conducted by various token developers as a tool to increase demand. Binance is on the verge of its quarterly coin buyback and burn of its Ethereum-based token Binance Coin (BNB). The company?s whitepaper explained how the coin burn works and states that ?every quarter, we will use 20% of our profits to buy back BNB and destroy them until we buy 50% of all the BNB (100MM) back. All buy-back transactions will be announced on the blockchain. We eventually will destroy 100MM BNB, leaving 100MM BNB remaining.?
January 08, 2019 7:57 PM

oracletimes.com

The Most Straight Forward Guide To Binance Coin - CryptoMeNow
Binance is currently the world?s largest cryptocurrency exchange, as well as one of the most popular crypto exchanges out there. Binance is more than just an exchange, it?s a platform for traders to invest and trade cryptocurrencies. Since the ICO a while, the value of Binance Coin has risen with the growth of the exchange. The total supply is limited to 200 million BNB, after which no more coins will be created. You can use Binance Coin to pay your fees on the Binance exchange. So what?s the difference between using bitcoin and ethereum to pay for your crypto investments vs using Binance coin? Even though, you can still choose to pay your fees in the cryptocurrency you?re exchanging, Binance offers a rebate as an incentive to pay fees in BNB. In your first year of membership on Binance, fees are discounted 50% when paid in BNB. With every subsequent year of membership, the fee discount decreases. By your fifth year using Binance, there is no longer a fee discount for paying in BNB.
January 08, 2019 3:28 PM

cryptomenow.com

Binance Coin Burn Incoming Here's When It Will Ignite | The Daily Hodl
Binance is approaching the quarterly coin buyback and burn of its Ethereum-based token Binance Coin (BNB). Here?s a look at how the coin burn works, according to the company?s whitepaper: ?Every quarter, we will use 20% of our profits to buy back BNB and destroy them, until we buy 50% of all the BNB (100MM) back. All buy-back transactions will be announced on the blockchain. We eventually will destroy 100MM BNB, leaving 100MM BNB remaining.? Binance initially created 200 million BNB and promised no more coins would ever be generated. The structure is designed to help make the coin an attractive investment due to its inherently deflationary nature.
January 06, 2019 10:22 PM

dailyhodl.com

CryptoDaily; Monero, EOS, Binance Coin, Roger Ver; December 5, 2018 | BCFocus
Allow to send web push notifications to your desktop. Oath Protocol will soon get integrated on the Qtum blockchain platform to push up transparency, integrity, governance and resolve disputes. Announced on Tuesday, these decentralised attributes are the vital necessities for the public blockchains and dApps which are persistently spiralling up. The Qtum-Oath Protocol incorporation will favour community-based decision making along with the new user security. Read more Binance, one of the largest cryptocurrency exchanges in the world, recently announced that user can use Binance Coin to book 450,000+ hotels worldwide on Tripio. The news was announced by Tripio stating, ?We are pleased to announce a strategic partnership with @Binance. From now on, more than 10 million users of Binance can make reservation for 450,000+ hotels worldwide using $BNB on Tripio. Thanks for the support of @cz_binance#blockchain #TRIO #Crpyto?. Read more
January 06, 2019 8:09 PM

bcfocus.com

Binance Coin Sky Rockets As XRP Trading Pair Added - Crypto Daily
#Binance Adds XRP/BNB, TUSD/USDT, XLM/USDT and IOTA/USDT Trading Pairshttps://t.co/XhhO0TpZ1P pic.twitter.com/Rph2nytsXB Technically, the essence of cryptocurrency is gambling. Investment is a form of gambling so actually, you?ve always been able to gamble on the blockchain. More people than ever used cryptocurrencies in 2018, and at BitStarz, Bitcoin, Ethereum, Dogecoin, Bitcoin Cash and Litecoin wagering went through the roof! One player won $206,551 on a single Book of Aztec spin. Maybe not enough to make Satoshi Nakamoto jealous, but nevertheless a super win! Copyright © 2018 Crypto Daily? Crypto Daily? Pte Ltd, Suntec City Tower 2, 7th Floor Ar01, 9 Temasek Boulevard, Singapore 038989, Registered number: 201812719R
January 06, 2019 5:23 PM

cryptodaily.co.uk

This Partnership See's Binance Coin Sky Rocket As Currency Breaks Into Esports Territory - Crypto Daily
As a key writer for Crypto Daily, Nathan?s role entails the creation of cutting edge news articles, reviews, press releases and general content creation. Nathan?s stories strive to include the most up-to-date cryptocurrency news and affairs, contributing to Crypto Daily?s growing network. Nathans previous experience as a researcher ... More people than ever used cryptocurrencies in 2018, and at BitStarz, Bitcoin, Ethereum, Dogecoin, Bitcoin Cash and Litecoin wagering went through the roof! One player won $206,551 on a single Book of Aztec spin. Maybe not enough to make Satoshi Nakamoto jealous, but nevertheless a super win!
January 06, 2019 5:22 PM

cryptodaily.co.uk

Top Crypto Performers Overview: Ethereum, Ethereum Classic, NEO, IOTA, Binance Coin, Stratis
As the market keeps maturing, some experts are pointing out correlations between the prices of crypto and some of the traditional assets. With 2018 ? which turned out to be a massive bear market for crypto ? coming to an end, what were the best performing coins of this week? The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. While 2017 was a raging bull market in cryptocurrencies, 2018 turned out to be a massive bear market that wiped out more than $720 billion in total crypto market capitalization. We believe that 2019 will bring back the focus on the fundamentals and the true potential of virtual currencies.
December 30, 2018 3:58 PM

cointelegraph.com

The Rise of Binance Coin (BNB) & Exchange Driven Tokens - Ethereum World News
Binance Coin (BNB), Cryptocurrency, Exchanges?As the crypto markets show a slight recovery from yesterday, with Bitcoin climbing above $4000 again to show a tentative trading range, a little talked about coin is leading the pack in 24 hour gains. Binance Coin (BNB), the fourteenth largest currency by market capitalization, is up 13 percent as of writing, leaving some to wonder if the model of cryptocurrency is shifting away from the once stalwart approach towards transactions. Most investors have become familiar with stablecoins throughout 2018, with the high profile?and often controversial?Tether USDT holding the eighth largest position in terms of market capitalization. Compared to traditional cryptos, such as Bitcoin, Litecoin and XRP, Tether and the cadre of stablecoins offer relative price stability by pegging their value to an external source. In the case of USDT, the value of of one token is backed by that of a single U.S. dollar. Other stablecoins have experimented with gold and other precious metals, but the reliance upon familiar fiat choices has been the more popular route.
December 27, 2018 7:00 AM

ethereumworldnews.com

Binance Coin (BNB) Long-term Price Analysis December 9
Distribution territories: $9, $10, $11 Accumulation territories: $3, $2, $1 After a few weeks of facing rejections at the $5 mark, Binance Coin only strived to push northwards on December and on the following day it eventually averaged the $7 mark more closely. Shortly, the crypto suffered a momentum to strengthen it northwards further beyond many other distribution territories. In the light of that, it began dropping while it got reversed against the $6 market point on December 6 as the 14-day SMA was breached southwards to briefly touch past the $5 price territory. The market has been trading below the 14-day SMA?s sell signal line. The stochastic Oscillators have crossed to point south at range 20 to signify a possibility of seeing further price downward movements.
December 23, 2018 11:17 PM

bitcoinexchangeguide.com

Coin Burn Binance Coin, Ripple, TRON Bitcoin Wiki
Coin burn is a term meaning the intentional riddance of a certain number of cryptocurrency items to ensure its stable work, rate normalization or create a new cryptocurrency. The coin burn has economical and technical prerequisites. First, this is the most popular artificial way to increase the value of the cryptocurrency: the fewer coins, the more they are valued on the market. Secondly, at the transactions with some kinds of cryptocurrencies (for example, XRP and XLM), the transfer commission is intentionally burned to protect from spam of small transactions. There are several ways to burn the cryptocurrency.
December 23, 2018 9:00 PM

en.bitcoinwiki.org

Binance exchange - Binance Coin (BNB) - Bitcoin Wiki
Binance is the Chinese cryptocurrency exchange. As of March 2018, it is the largest one by the transaction volume per day. The CEO and founder of the Binance exchange is Changpeng Zhao. After the prohibition of Chinese authorities against the cryptocurrency operations, it changed its jurisdiction and now, the offices are located in Hong Kong and Tokyo. In March 2018, it faced a massive hacker attack, which was not successful. The ICO of the Binance crypto-exchange took place in July 2017. During it, it was possible to collect about $15 million. on the first stage, the number of registered users exceeded 20 thousand people. In many things, the success of Binance was connected with a low commission for exchange transactions: now, the exchange takes a fixed fee of 0.1% for each transaction.
December 23, 2018 8:54 PM

en.bitcoinwiki.org

Binance Coin (BNB) Exchange, Fees, Review Bitcoin Wiki
Binance Coin (BNB) is an ERC20 token issued on the Ethereum blockchain by the popular cryptocurrency exchange Binance. With this cryptocurrency, you can pay a ?ommission for transactions on the exchange. And if you decide to do so, you will receive additional discounts. In the first year, you will be able to get a discount ? 50%, in the second ? 25%, in the third ? 12.5%, in the fourth ? 6.75%. The token was established with a total supply of 200 million. As per the Whitepaper, Binance plans to use 20% of the profits each Quarter to buyback and burn BNB, until 50% of the total BNB supply (100 million) is burned.
December 23, 2018 8:33 PM

en.bitcoinwiki.org

What Is Binance Coin (BNB) - Simple Explanation for Beginners | U.Today
The Binance Coin concept is defined as a digital currency Binance Stage. This is the basis for money cryptographic types` transformation. The very name ?Binance? is a blend of paired and back. Therefore, the name indicates that in addition to the digital currency, no financial system cannot prejudge the exchange of money. You cannot exchange the funds against Fiat. This point allowed the launch of progress in a short time period, and it is aimed at capturing the common market audiences, with the assistance of Chinese central station. Today, the digital currency capital is calculated within the US $18-35 million, and every day the numbers change.
December 23, 2018 8:10 PM

u.today

How to store Binance Coin (BNB): Best Wallet to Store | U.Today
Binance ? it is the largest market, which is developing very rapidly in the crypto currency market. It consists of a 10th biggest crypto exchange in only 5 months. Popularity has grown due to many factors: the level of customer service, improve the system, improvement in language adaptation for customers high bandwidth. It should be noted that Binance is a crypto exchange, which has its own exchanger, and this is important when servicing deposits. Binance evolving and will be expanded. Soon it will be the largest for trading and foreign exchange operations. In addition, there are newly coins/tokens, which were only on the ICO system, have a high tendency to demand compared to other exchanges.
December 23, 2018 8:10 PM

u.today

Binance Coin Price Prediction - How Far Can BNB Grow | U.Today
Binance has found its way onto the headlines over and over again. At first, they launched a $1 bln investment fund and then, they celebrated over eight mln users. These new achievements water down the previous $15 mln raised in July 2017 and astounding growth in membership. The soaring success has also brought about several rumors concerning BNB price prediction. In spite of the stellar performance of the company, Binance Labs never relented, rather, they kept pushing boundaries. The LaunchPad product which was tested in December 2017 with the Gifto Official?s ICO saw the corporation amass millions of dollars in seconds. They still didn?t rest their oars, as they?ve announced that they have more projects in the pipeline.
December 23, 2018 7:55 PM

u.today

Aggregated knowledge base entries about Binance Coin (BNB) Titles not entered by Crypto.BI and are Copyright(C) their original authors.