The BNB burn is a quarterly event whereby Binance buys back BNB and then burns, or destroys, this BNB . This will continue until Binance has burned 100,000,000 BNB. Binance Coin is not the only cryptocurrency subject to coin burning.
Read moreDoes BNB have limited supply?
Binance will continue to perform quarterly burns until it buys back and destroys 100 million Binance coins – 50% of the total supply. The practice ensures that the supply of Binance Coin remains finite , making it scarce and more valuable.
Read moreIs Binance coin limited supply?
This coin runs on the Ethereum blockchain with standard ERC 20 and is limited to a maximum of 200 million BNB tokens .
Read moreWhat is the full meaning of BNB?
Slang / Jargon (9) Acronym. Definition. BNB. Bed ‘n Breakfast .
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