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Binance CEO Confirms Fourth Quarterly Binance Coin Burn

From newsbtc.com

The CEO of the world’s foremost cryptocurrency exchange, Binance, has just confirmed that it will be going forward with an upcoming BNB token burn. Binance has become well-known for offering so-called ‘token/coin burns’, buying back and destroying its native cryptocurrency (BNB) every fiscal quarter. The burn has become so popular that users eagerly await the announcement, buying BNB in anticipation for the eventual burn. As per the CEO of Binance’s tweet, the Binance team is getting prepared for the fourth quarterly burn, as Binance has recently reached the ripe age of one-year-old. Changpang Zhao, who goes by the ... (full story)

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  • Category: Fundamental Analysis