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Bibox Token BIX: Token Burn

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Event date: January 11, 2019 UTC

What is coin (token) burn?

A coin (token) burn is a process of sending a certain amount of cryptocurrency to a public address that has unobtainable private keys. In the future, the sent coins cannot be spent, thus the coin burn leads to an overall decrease in the cryptocurrency circulating supply.

Bibox
@Bibox365
Bibox will buy back and #burn 1,506,206 $BIX on the basis of its White Paper and profits in the fourth quarter, which is projected to be completed before January 11, 2019 (GMT+8). After completion, the totally buying-back and burning of BIX will up to 7 million. 🚀 is not far.
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Added by Leisan
Jan 7 16:50 (UTC)
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