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What Is Binance Coin (BNB)? | A Guide to the Crypto of the Famous Exchange

We’re going to kick this one off with none other than Binance. Binance held an ICO and created an ERC20 token not too long ago. It really wasn’t long after that this exchange saw an incredible increase in users. This Binance token is called BNB and holders of it can benefit with 50% off trading fees the first year of using Binance as long as they are storing their coins on the Binance exchange. This percentage decreases over time. After 5 years, a discount is no longer applied. Binance also uses 20% of its profits each quarter to buy back its tokens and burn them until the total supply has been halved. As long as this is done correctly, this token burning will effectively reduce the supple of tokens, making them more scarce and thus more valuable over time.

KuCoin: (KCS)

All About KuCoin Shares (KCS) – Native Token of Kucoin Exchange

Next up, KuCoin is an exchange based in Hong Kong which pays dividends to those who hold their coin called KCS.
The dividends you receive are proportional to the percentage of total KCS that you hold. KuCoin distributes 50% of its trading fees to KCS holders and 40% of these fees are a reward for those who make successful referrals.
I think this one is pretty cool because the dividends aren’t paid in KCS coins, instead you’ll be paid in whatever coins the fees were paid in. This means you’ll be receiving different coins are rewards. This could be an easy way to diversify your portfolio without having to actually make the trades.
Also for every 1,000 KCS you hold, you’ll receive a 1% discount on trading fees.
Like Binance, KuCoin will take 10% if their profits and use this to buy back and burn their tokens in an effort to reduce the supply.

Huobi: (HT)
This next one, Huobi and their coin ticker symbol is HT. This one is similar to Binance again with the discounted trading fees and also with a scheduled buy back program. One difference here is that instead of effectively destroying these coins, Huobi transfers them to a User Protection Fund. Which Huobi uses to reimburse users who have been victims of a security breach.
Holders of HT can also have a voice on which coins will be added to the exchange thanks to the HADAX. (Huobi Autonomous Digital Asset Exchange) The more HT you hold, the louder your voice is with this voting system.
The top two coins are added to the exchange and those coins are then airdropped to HT users.

CryptoBridge: (BCO)
Don’t worry, decentralized exchanges are on it as well. CryptoBridge has the coin, BCO, and this is the native token for the decentralized exchange which was built on the Bitshares platform. It’s also mineable.
They’re going to make to work a bit to get your rewards though. You can earn rewards by staking these coins. The longer you stake, the higher the percentage you’ll see as a reward. You’ll max out at a 100% bonus after staking for one year.

Now that you’re a bit more in-the-know for these exchanges and their native coins, be sure to stay tuned for part two because I’ll be going over a very new exchange that has been ruffling the feathers of the guys at Binance. If you want to know why, don’t miss part two!



  1. You missed out a huge native token for the qryptos / quoine exchange merge.

    The 2 big exchanges are merging into one as the liquid platform with the qash token. Will have a world book which will merge the order books of exchanges from all over to provide huge liquidity for the crypto market.

    Worth looking into.

    Liking the way you talk in these vids btw, very clear and the right level of energy, easy to listen to

  2. Hi Ms. Heidi, Kudos for the Video! Forgive me for the intrusion, I would appreciate your initial thoughts. Have you heard the talk about Neblio? They are already worth more than 17 times their ICO price. I would suggest a review for this one. Thanks!

  3. Local Coin Swap (LCS) is easily the best with the only competitive P2P platform and 100% of profits paid to shareholders (yes shareholders ie: capital equity, voting…) via smart contract.

  4. There is also OKB Token from OKex. The Token was at 1.78USD in early april and went up to 5&6USD already. It has proven itself to be resilient in the current crisis, not going under 3.60USD. For holding a minimun of 100 on the OKex exchange your earn weekly rewards payout in Bitcoin. The coin is not even listed on coinmarketcap yet, so it's a true hidden gem. I predict when it will be listed on coinmarketcap the price could double again. Now it's cheap to buy in. Let me know your thought on that Heidi
    Blessing @patrickczu (steemit)

  5. i really did enjoy this. i'm thinking of adding them to my portfolio. so much potential now. i do have a thing for privacy coins. maybe you could do same for privacy coins like deeponion and the rest as you did with exchanges. Lets see the benefits of holding and buying each. Thank you.

  6. "If you need a fix…Crypto Tips will be the one to call on…on n on…till the break of dawn…you don't have to worry…Crypto tips will be right there for you..We've been knowing each other for some time, girl
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  7. Awesome video.i cant wait for the part 2 for sure.i hope ur meetup went well.i really hope it wasnt a bunch of dudes just wanting to try n hit on u.althought im sure ur use to that anyway n prob get that all the time.hey u seem to be super smart,living life to the fullest n enjoying so it seems,u r very sharing of ur knowledge,seems people look up to ur lifestyle which seems awsome,n of course u r incredibly beautiful,natural beauty it seems,n u r super easy to listen to which is awsome.n i def mean this with the most respect i could possibly have.i love ur vids as always.keep up the great work.much respect….peace


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