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Bitpanda Ecosystem BEST: Coin Burn

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Event date: April 30, 2020 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.

Bitpanda
@bitpanda
Benefit from a constant token burn that will reduce the total supply of BEST until 50% of the total supply is destroyed. The first token burn will happen in April 2020. Learn more at blog.bitpanda.com #bitpanda
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Added by Leisan
Oct 26 09:01 (UTC)
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