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Binance Coin BNB
568
Price, BTC
0.011685105
ETH
0.15446464
USD
523.89
1h
0.26%
24h
1.83%
7d
-17.44%
24h volume, BTC
122K
USD
5.49B

Binance Coin BNB: Coin Burn

396
Added 2/12/2018 6:00:31 PM
March 2018 Source

Each quarter Binance uses 20% of profits to buy back and burn BNB, until 100MM BNB are burned.

A coin burn is a process of sending a certain amount of cryptocurrency to a public address that private keys are unobtainable. Sent coins in the future can't be spent, thus coin burn leads to an overall decrease in the amount of cryptocurrency involved in circulation.

BNB price changes after event publication
Now
1002.71%
The event is about to begin
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Added by
ice_splinter
During the whole time of Binance Coin monitoring, 104 events were added:
 33 meetups
 16 exchange events
 10 coin burns
 8 AMA sessions
 8 releases
 4 airdrops
 4 brand events
 4 contests
 4 hard forks
 3 partnerships
 2 token swaps
 2 updates
 1 regulatory event in different countries
 1 general event
Past BNB events Exchanges
June 2021
© 2020 Coindar
Yan Khavanskiy