Will Oil Rebound From Lows?

Gold Will Likely Retest Historic Highs Soon

Inflation’s Last Gasp or Second Wind? CPI Report Holds the Answer

Fed Weighs September Rate Cut as Inflation Cools and Unemployment Rises

Fed Minutes Drop Today, But All Eyes Are on Powell’s Jackson Hole Speech

Georgia: Parliamentary Elections Could Heighten Instability and Pressure Sovereign’s Ratings

Greece: Continued Debt Reduction Supports Favourable Credit Trajectory

Robinhood Adds Election Bets, Yet Fiscal Crisis Bet May Prove Bigger Than 2024 Race

U.S. Q3 GDP Grows 2.8%, Misses Forecast as Housing and Income Growth Slow

U.S. Job Growth Slows Sharply in October—Only 12,000 Jobs Added!

UK: Budget Aims for Growth but Easing of Fiscal Rules Raises Economic Risks

US: Clear-cut Trump Victory Raises Medium-term Economic Risks Despite Reduction of Near-term Political Uncertainty

Germany: Stable Government Needed to Address Shifts in US Policy and Raise Growth Outlook

October PPI Rises 0.2%, Supporting Fed Rate Cut Hopes as Inflation and Jobs Steady

France’s Economic Strengths Balance Increasingly Challenging Fiscal, Political Outlooks

October Retail Sales Rise 0.4%, Show Resilience Despite Slowing Momentum

Gary Gensler to exit SEC on January 20: XRP, ADA, BNB prices react as Crypto Marketcap hit $3.23 Trillion

Composite-20 HPI: Yearly Gains Ease to 4.6%, Monthly Declines Highlight Market Pressure

CB Consumer Confidence Beats Estimates; SP500 Pulls Back Towards 6000

FOMC Minutes Show The Fed Is Ready To Pause Rate Cuts If Necessary

Durable Goods Rebound, GDP Steady at 2.8%, Initial Jobless Claims Decline to 213K

Core PCE Inflation Hits 0.3% in October; Annual Rate Climbs to 2.8%, Led by Services

Crude Inventories Fall By 1.8 Million Barrels; WTI Oil Settles Near $69.00

EIA Natural Gas Report Reveals A Draw Of -2 Bcf

Celebrate the Festive Season with PU Prime’s Christmas Promotion

ACY Securities Welcomes Phil Kim as Director of Institutional Sales, Asia, at ACY Connect

iFX EXPO Dubai 2025 is Fast Approaching

Germany’s CPI Slows to 2.2% YoY, Core Inflation Stays High at 3.0%

Eightcap Strengthens Strategic Partnership with TradingView and Celebrates Success at Exclusive London Event

Octa Awarded ‘Best Islamic-Friendly Broker Indonesia 2024’ by Finance Derivative

German Retail Sales Drops 1.5% While the EUR/USD Await Euro Area Inflation Data

Eurozone Inflation Rises to 2.3%, Core Inflation Holds Steady at 2.7%

NASDAQ, Dow Jones and S&P 500 Forecast – Week a Choppy One of US Indices

Crude Oil Price Forecast – Crude Oil Continues to See Range Hold

Crude Weekly Price Outlook – Crude Oil Continues to See Sideways Action For The Week

S&P 500 Hits Record High on Tech Rebound, Retail Optimism

Gold, Silver, Platinum Forecasts – Gold Gains Ground As Treasury Yields Fall

Natural Gas News: Near-Term Direction Hinges on Reaction to 50-Day and 200-Day Averages

Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Retreats Ahead Of The Weekend

NASDAQ Index, SP500, Dow Jones Forecasts – SP500 Tests Historic Highs In Shortened Session

Natural Gas Price Forecast: Is First Pullback a Buying Opportunity?

XRP News Today: XRP Flips BNB on RLUSD News as BTC Revisits $98k

Hang Seng Index Climbs on Stimulus as the Nikkei Drops on BoJ Bets – Weekly Recap

Stellar (XLM) Eyes 60% Jump Following XRP’s Climb Toward $2 Milestone

US Dollar Forecast: Will Traders Defend 105.722 Amid Fed and Inflation Uncertainty?

Gold (XAU) Price Forecast: Will Jobs Data Push the Fed to Cut Rates and Lift Gold?

Oil News: Will More Aggressive OPEC+ Supply Cuts Reverse the Bearish Trend?

Natural Gas News: Will Reaction to $3.444 Trigger a Monday Gap Opening?

Japanese Yen Weekly Forecast: Will USD/JPY Break 145 on December BoJ Rate Bets?

XRP News Today: XRP Rallies on ETF Buzz and Ripple Case Developments

BTC Price Forecast: Can Bitcoin Break $100K as ETF Flows Shift?

Japanese Yen and Australian Dollar Forecast:  BoJ, PMIs, Aussie Retail Sales in Focus

Dax Index News: Breaking 19,750 Resistance? ECB and PMI Hold the Key – Analysis

Missed the Gold Rally? Here’s Another Commodity Poised for a Major Boom

Week Ahead: US Jobs Data in Focus

Octa Broker’s Platform Reports Six-fold Growth as The Year Draws to a Close

XRP News Today: XRP Flips Solana on RLUSD News as BTC Hovers Below $100k

China Caixin Manufacturing PMI Jumps to 51.5 in November: Hang Seng Index Rallies

Hang Seng Index: China PMI Boosts Gains, Eyes on China’s Stimulus Measures

Bitcoin, XRP, Litecoin Technical Analysis: Momentum Builds Across Major Cryptos

Natural Gas and Oil Forecast: Market Eyes OPEC+ Decisions Amid Volatile Prices

Gold (XAU) Daily Forecast: Inflation, Tariff Concerns Weigh on Gold Prices

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Binance Coin is the cryptocurrency of the Binance platform. It is a trading platform exclusively for cryptocurrencies. The name "Binance" is a combination of binary and finance.

Thus, the startup name shows that only cryptocurrencies can be traded against each other. It is not possible to trade crypto currencies against Fiat. The platform achieved an enormous success within a very short time and is focused on worldwide market with Malta headquarters. The cryptocurrency currently has a daily trading volume of 1.5 billion - 2 billion US dollars and is still increasing.

In total, there will only be 200 million BNBs. Binance uses the ERC20 token standard from Ethereum and has distributed it as follow: 50% sold on ICO, 40% to the team and 10% to Angel investors. The coin can be used to pay fees on Binance. These include trading fees, transaction fees, listing fees and others. Binance gives you a huge discount when fees are paid in BNB. 

The schedule of BNB fees discount is as follow: In the first year, 50% discount on all fees, second year 25% discount, third year 12.5% discount, fourth year 6.75 % discount, and from the fifth year onwards there is no discount. This structure is used to incentivize users to buy BNB and do trades within Binance.

Binance announced in a buyback plan that it would buy back up to 100 million BNB in Q1 2018. The coins are then burned. This means that they are devaluated to increase the value of the remaining coins. This benefits investors. In the future, the cryptocurrency will remain an asset on the trading platform and will be used as gas.

Other tokens that are issued by exchanges include Bibox Token, OKB, Huobi Token, and more.

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The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. Prices provided herein may be provided by market makers and not by exchanges.Any trading or other financial decision you make shall be at your full responsibility, and you must not rely on any information provided through the website. FX Empire does not provide any warranty regarding any of the information contained in the website, and shall bear no responsibility for any trading losses you might incur as a result of using any information contained in the website.The website may include advertisements and other promotional contents, and FX Empire may receive compensation from third parties in connection with the content. FX Empire does not endorse any third party or recommends using any third party's services, and does not assume responsibility for your use of any such third party's website or services.FX Empire and its employees, officers, subsidiaries and associates, are not liable nor shall they be held liable for any loss or damage resulting from your use of the website or reliance on the information provided on this website.

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