The binance Coin (BNB) is a token that was released in August 2017 by one of the largest exchanges in the world, Beans. Car officials say they plan to eventually burn 50% of all BNB tokens, reducing the total number of tokens to 100 million. binance already has a binance chain and dex (decentralized exchange), saying that the BNB token will play an important role in the future of the binance ecosystem.
So in the case of exchange tokens, such as INC Launch pad and Binary Dex, BNB is strongly associated with exchange services and features. And BNB is a base pair for many popular tokens, and gives users discounts on platform-related fees. It launched a new service in 2019 with Binance, which allows the use of BNB tokens, which has attracted a lot of attention for its performance.
Discounts with BNB tokens are significant, although it says it will halve with each passing year. The first year, 2018, the next 25% and with it the fifth year, 50% discount on fees until 2022, where the discount will stop. And so currently in the second year, 2019, with a 25% discount, Benson has announced that they will be able to maintain a 25% discount for the third year. After the recent introduction of margin trading facility on the platform, BNB Token is also quite featured here, as it has been paying a fee of half the price of any other trading pair.
The strong performance and business strategy of the Benson Token has earned it the acclaim of multiple insiders in the cryptocurrency community and it continues to perform even better today.
So in this tag, news related to binance Coins (BNB), price forecast.