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Price
585.2 USD
% Change
3.07%
Market Cap
78.8B USD
Volume
1.36B USD
Circulating Supply
134M
Binance Completes Quarterly BNB Token Burn
Binance has successfully completed its quarterly BNB token burn on July 19th. The burn involved a total of 1,991,854 BNB tokens and was executed through the BNB Auto-Burn mechanism.
Event date: July 19, 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.
Binance
@binance
@binance
Earlier today, #Binance completed the 24th quarterly #BNB token burn of 1,991,854 BNB through BNB Auto-Burn.
Not sure what the BNB Auto-Burn is?
Give this a read 👇
https://academy.binance.com/en/articles/what-is-bnb-auto-burn?ref=AZTKZ9XS&utm_source=BinanceTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial
Not sure what the BNB Auto-Burn is?
Give this a read 👇
https://academy.binance.com/en/articles/what-is-bnb-auto-burn?ref=AZTKZ9XS&utm_source=BinanceTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial
BNB Price Changes After Event Publication
1.21%
1 day
1.32%
2 days
141.85%
Now (Added 2 years ago)
The event is about to begin
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Jul 19 18:06 (UTC)
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