Binance Burns $60.5M Worth of BNB - Biggest To Date

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4 years ago

Binance on Friday announced its biggest ever coin burn to date, removing 3,477,388 BNB from circulation.

The 12th quarterly burn is part of the exchange’s strategy to cut its supply in half to 100 million coins. 

Binance’s quarterly coin burns aim to reduce supply and in turn increase the price of the token.

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Wow that huge. They should give at least 100 BNB 😂😂😂 I'll be thankful to them.

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4 years ago