Bitpanda Ecosystem Token BEST: Coin Burn
A part of the BEST spent on trading premiums on Bitpanda is burned on a quarterly basis until 50% of the total BEST is destroyed. This means that the supply is constantly decreasing.
Event date: Until March 31, 2021 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.
BEST Price Changes After Event Publication
0.72%
1 hour
3.79%
3 hours
3.79%
1 day
4.84%
2 days
311.24%
Now (Added 3 years ago)
The event is about to begin
0
D
0
H
0
M
0
S
✕
✕