Binance Coin
BNB
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Show Coin Info
Price
691.01 USD
% Change
0.10%
Market Cap
100B USD
Volume
871M USD
Circulating Supply
145M
Binance Coin BNB: Coin Burn
Each quarter Binance uses 20% of profits to buy back and burn BNB, until 100MM BNB are burned.
Event date: March 2018 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.
BNB Price Changes After Event Publication
7379.18%
Now (Added 6 years ago)
The event is about to begin
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Added by
ice_splinter
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