When Is The Next BNB Burn? The next BNB Burn – the 19th burn – will take place at the end of Q1 2021, in April 2022 . BNB burns are quarterly events that happen after the end of every quarter, with April 2022 marking the end of Q1 2021. The next burn will likely take place at some point between April 16-20.
Read moreWhat is Binance Coin used for?
The coin is used as a utility token for the Binance exchange and allows users to pay for transactions and trading fees at a lower rate than they would be with other tokens. Binance uses the process of token “burns,” meaning they use the profit from token sales to repurchase more BNB and then burn (destroy) them.27 Eki 2021
Read moreHow does Binance Coin make money?
Binance makes money from trading fees, interest on loans, fees from its broker program, spreads, cloud offerings, interchange fees, mining services, and profits from investments . The platform also used to also generate income via listing fees from the launch of new crypto tokens.
Read moreWhy you should invest in Binance Coin?
BNB offers a complete package to the users as it is redeemable, trustworthy and flexible, along with minimal fees. BNB can handle higher transactions volumes because of its frequent block generation ability, which helps the users and merchants to receive quicker confirmation times.
Read moreHow many Shibs are in circulation?
There’s currently a supply of 549 trillion SHIB tokens in circulation, giving it a market cap of around $11 billion. If those tokens were worth $1 each, SHIB’s market cap would be $549 trillion, roughly 200 times bigger than Apple, the world’s most valuable company, and more than six times the world’s annual GDP.
Read moreWhat is the maximum supply of Binance coin?
Understanding Binance Coin It was launched during an initial coin offering (ICO) in July 2017 and has a strict maximum of 200 million BNB tokens .
Read moreHow many BNB coins are in circulation?
BNB currently has a 168 million circulating supply.
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