WhiteBIT to Hold Token Burn on August 22nd

Name: Token Burn
Start: 2023-08-22T00:00:00Z
End: 2023-08-23T00:00:00Z

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WhiteBIT will conduct token burn on August 22nd. This process is a part of their strategy to maintain the limited supply of WBT. The burning will continue until half of the initial supply is eliminated.

Event date: August 22, 2023 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.

WhiteBIT
@WhiteBit

today is $WBT burning day

The burning helps maintain the limited supply of $WBT and will continue until half of the initial supply is burned. Every week, we burn $WBT, thus permanently reducing its total supply.

Date of last burning: August 22
Burned: 315,288 $WBT

WBT Price Changes After Event Publication

WBT Events on the Chart

1.11%

1 day

0.93%

2 days

789.07%

Now (Added 2 years ago)

The event is about to begin