follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here

Author Topic: Binance has just burned 1,821,586 BNB  (Read 3443 times)

Offline CryptoGirl

  • Sr. Member
  • *
  • *
  • Activity: 548
  • points:
    3702
  • Karma: 133
  • Trade Count: (0)
  • Referrals: 14
  • Last Active: July 19, 2021, 11:55:05 PM
    • View Profile

  • Total Badges: 22
    Badges: (View All)
    Sixth year Anniversary Fifth year Anniversary Fourth year Anniversary
Binance has just burned 1,821,586 BNB
« on: January 15, 2018, 02:47:45 PM »

Quote
Binance has just burned 1,821,586 BNB. If you don’t understand why we did this or think we are just plain crazy, please read our whitepaper. As I have been less vocal in our public groups recently, I would like to take this opportunity to share some random thoughts again.

Fees

Our trading fee is not the 0.1% as advertised. Realistically, it is far lower. If you pay fees with BNB, you get a 50% discount. If you were referred by a friend, your friend gets another 20% (previously 50%) of the remaining fee. Thus, our effective trading fee is around 0.03%, whereas the industry standard looks to be around 0.25%.

Calculations

Price fluctuations complicate the calculations. BNB price was lower at the beginning of the quarter. If you were to convert our revenue to fiat using those rates, it would have been lower. When we do calculations, we just count how many coins we have and convert to the target currency using current price, and we reach a simple answer. The point is though, if we do the same calculation again an hour later, using new current prices, we will get a different result. 

Expenses

Our expenses are also increasing at a rapid pace and incurred at different times. Looking at the beginning of the quarter when we had to sell some BNB/BTC to pay for things, those are very high costs by today’s prices. But you can’t look at things that way, it was what the price was at the time.

Growth

In a nutshell, last quarter was all about growth. Just phenomenal growth in every aspect, from the number of traders, volume traded, servers and bandwidth usage (expenses), support requests and issues.

Some interesting stats:

    Over 10B USD worth of cryptos changed hands on Binance in one day at the peak, averaging $110,000 USD / second.
    Binance’s matching engine handled 3.5 billion requests that day, or roughly 40,000 requests per second.
    Binance receives more than 25,000 support requests (tickets) every day, with a 20 agent support team, that means each agent can only spend 20 seconds or less on each ticket. Unfortunately, as a result, we have a backlog.
    Chinese account for only 3.3% of our total user base, according to Alexa.
    BNB token increased 220x from its initial value 6 months ago, outperforming even BTC by about 30x, during the highest growth period of BTC in history.

What’s the Secret to Our Growth?

This is the 2nd most frequently asked question I get. Sorry to disappoint you, but the secret sauce is: “there is no secret sauce”. It’s a combination of hard work and luck. We have a severely sleep-deprived team that works day and night to improve products, run creative marketing campaigns, and solve the increasing number of support tickets. I believe hard work creates luck. We also have a large number of dedicated Binance Angels watching over us and taking care of our communities. They don’t get paid, they volunteer their time and effort, just to contribute to something they believe in. I am happy to announce two of our angels became full-time employees this quarter. This is something we will continue to do. Welcome to the (sleep-deprived) team, guys!

Issues

With this tremendous growth, we are facing many issues. While our matching engine is keeping up pretty well, other parts of the platform are under severe stress. Popular blockchains are often congested, causing unexpected issues with deposits and withdraws. Most wallets can’t handle the number of addresses or transactions we are dealing with. Our support team can’t grow at the exponential pace as our users do, resulting in a slower response to users and a temporary increase in dissatisfaction. Rest assured, we are working hard to address all of the above issues.

Security

Externally, we have seen an increase in hacking, phishing and fraud attempts. We worked closely with US Department of Homeland Security on the EtherDelta hacking case, and locked a large part of the stolen funds that were sent to Binance addresses. We also worked with other law enforcement agencies on other cases. We will lock stolen funds that are sent to Binance on first notice. We wish hackers would stop sending stolen funds to Binance addresses. It will save them a lot of money, and us a lot of work.

We also worked closely with NetCraft to shut down a large number of phishing sites. We have written many articles educating people about security. We will continue to increase our efforts in this area.

Competition

At the beginning of the quarter, I received many questions about competition, “hey CZ, this other group said they will do an exchange, just like yours, are you worried?” I get it less often nowadays, for whatever reason. 

Here is my view on it. We are at the beginning of a new industry, new landscape, new era. There are far more unexplored territories than anyone of us can cover. Many countries don’t have a crypto exchange at all. In fact, most countries don’t have one. There is more to collaborate between exchanges than there is to compete. We need to work together to develop the industry further, improve infrastructure, security, compliance, and service. Binance welcomes other exchanges, DEX, etc. We listed no less than 5 DEX projects on our exchange, we want them to grow, and to help grow the industry.

Many new exchanges have copied our model. We love it. Nothing is more reassuring than someone else copying our business model, our coin model, or even down to the last details of our product interfaces. No need to worry, there are some things they can’t copy, our backend architecture, our team and our culture! These copycats help us in many ways. Some of their coins often reach or surpass BNB market cap at times, even with 100x less trading volume on their exchange. What does that do to the BNB price? Up! Thanks guys.

Expanding BNB Utility

In the last quarter, we have added more uses for BNB. You can now use BNB to buy virtual gifts on Gifto (GTO), a live video streaming platform with more than 20,000,000 users. BNB will also be an accepted payment token in the Monaco (MCO) ecosystem. We will be adding more of these type of uses in the future. 

In fact, if you wish to list your coin on Binance, proposing a well thought out integration of BNB into your app/ecosystem will significantly increase your chances of being reviewed first.

Listing on Binance

Now to the question I get asked most often: “How do I list a coin on Binance.com?”. The process is simple. The Founder or CEO of the coin project team should submit the Binance Listing Form (google it). Our review team will review it. IF the application passes the review, someone from Binance will be in touch. It’s that simple. 

A couple of points. After filtering, more than 1000 coins are waiting for listing at the moment, and the queue is growing longer by the minute. We want direct contact with the CEO or Founder - a decision maker. We don’t want to waste time. Also, if there ever was a fork in your blockchain, a bug in your wallet, we want a direct communication route to the top. If your CEO is too busy to talk to Binance, then we have plenty of other coins to list.

Lastly, I wish this question to become the least asked question going forward. Please don’t approach me and say “hey CZ, can I talk to you about listing my project?” I only look at projects after our team reviews them. I don’t have the time to listen to 1000 project pitches, which will take three years full time, doing nothing else. 

Service

Where do I want to spend my time? Service. Next quarter will be all about service. I may not necessarily be responding to your message “hey, can you look at ticket 123456 for me?”. I can’t do that for 5 million users. It won’t scale. But I will be spending a significant portion of my time building up our service, team, process, and quality. Please bear with us during the recent temporary delay in response time. It will improve.

Once again, thank you for all your support in Binance, and Happy New Year!

Changpeng Zhao

Binance CEO

Altcoins Talks - Cryptocurrency Forum

Binance has just burned 1,821,586 BNB
« on: January 15, 2018, 02:47:45 PM »

For Monthly biddings Check Here


Offline Analyst

  • Member
  • *
  • Activity: 128
  • points:
    1727
  • Karma: 2
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: August 14, 2018, 02:41:09 PM
    • View Profile

  • Total Badges: 12
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: Binance has just burned 1,821,586 BNB
« Reply #1 on: April 13, 2018, 03:14:21 AM »
It's gonna burn more soon :)

Offline masudginanjar

  • Legendary
  • *
  • *
  • Activity: 1855
  • points:
    19691
  • Karma: 1
  • Anonymous Bitcoin Mixer
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: February 20, 2024, 06:52:33 AM
    • View Profile

  • Total Badges: 22
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary Search
Re: Binance has just burned 1,821,586 BNB
« Reply #2 on: November 25, 2020, 07:06:57 PM »
Not burning anymore, but already on fire and will continue to burn until the announcement ends.
Binance often burns coins according to the initial cycle, and this has allowed Binance to slash coins in circulation.

I believe the value in 2021 will reach 80-100 USD because Binance coins are often burned by Changpeng Zhao.
THORMIXER██████
██
██
██
██
██
██
██
██
██
██
██
██████
████████████████████████████████████████████████████████████
.
  Anonymous Bitcoin Mixer 
.
████████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
▄▄███████▄▄
▄██████████▀▀███▄
▄████████████▄▄██▀██▄
▄█████████████▀██▄████▄
▄██████████████▄▀██████▄
██████████████▀█▄████████
█████████████████████████
██████████████▄█▀████████
▀██████████████▀▄██████▀
▀█████████████▄██▀████▀
▀████████████▀▀██▄██▀
▀██████████▄▄███▀
▀▀███████▀▀

.
ONION
██████
██
██
██
██
██
██
██
██
██
██
██
██████
██████
██
██
██
██
██
██
██
██
██
██
██
██
████
█████████████████████████████████████████████████████████████████████████
.
START MIX.
█████████████████████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██

██████

Offline aiviaa485

  • Legendary
  • *
  • *
  • *
  • *
  • Activity: 2095
  • points:
    22439
  • Karma: -1
  • https://unijoin.io/
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: February 19, 2024, 03:33:01 PM
    • View Profile

  • Total Badges: 23
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary Search
Re: Binance has just burned 1,821,586 BNB
« Reply #3 on: December 11, 2020, 11:57:04 AM »
It's gonna burn more soon :)
Indeed, the issue of burning Binance coins has been on the agenda for a long time.
I think if Binance continues to burn then I think the supply will be low and the price of Binance will continue to rise.

Most likely if we buy Binance now, then in the next 2 years the price of BNB will double.
             ▄▄█████████▄▄
    ▄█████▄█████████████████▄
  ▄███████████████████████████▄
 ████████████████▄▀▀███████████
▄███████████████████ ▀█████████
█████████████▀▀      ▐█████
████████████        ▄██████
▀███████████▌     ██████████▀
 █████
███████      ▀▀▀█████▀  █
  ███████████▄         ▀▀▀ ▄▄█
   ▀████████████▄▄▄   ▄▄▄███▀
     ▀▀██████████████████▀▀
         ▀▀▀████████▀▀▀
.
UniJoin.io Bitcoin Mixer
.|
▄▄██████▄▄
▄██████▀██████▄
▄███▀▀▀░░░▀▀▀███▄
▄███░░░▄███▄░░░███▄
████░░████▀▄█░░████
████░░█▄▀▄███░░████
▀████░░▀███▀░░████▀
▀████▄░░░░░▄████▀
▀█████▄▄▄█████▀
▀▀█████▀▀
NO LOGS
▄▄██████▄▄
▄█████▀▀▀█████▄
▄████▌░▄▄▄░▐████▄
▄█████░▀░░░█░█████▄
██████▌░░█▀░▐██████
███████▄░▄░▄███████
▀████▀░░░░░░░▀████▀
▀██▌░░░░░░░░░▐██▀
▀██▄▄█▄▄▄█▄▄██▀
▀▀█████▀▀
NO SIGN-UP
|████████████████████████
█████████████▀▄▀████████
████████████▀▄█████████
██████████▀▌▄██████████
██████████▌███████████
█████████▀▄███▀█████████
██████▀▄▄██████▀███████
█████▀▄█▀▄████████████
██████▀▄█▌▐████▐█████
█████▌▐█▀▌▐█████▐█████
██████████████▄██████
███████▄▄██████▄████████
████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
████████████████████████████████████████████████████████████████████
.
MIX ՈOW.
████████████████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████

Offline kent47400

  • Legendary
  • *
  • *
  • *
  • Activity: 1995
  • points:
    22638
  • Karma: -1
  • Anonymous Bitcoin Mixer
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: February 20, 2024, 05:49:33 AM
    • View Profile

  • Total Badges: 22
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary Search
Re: Binance has just burned 1,821,586 BNB
« Reply #4 on: December 20, 2020, 02:57:16 PM »
Burning coins is the right way to increase the price of coins.
Binance is right at this point and this is something great for Binance in the future.

Luckily for all of us who understand Binance well because it provides a very unique variety of treats from all cryptocurrencies.
THORMIXER██████
██
██
██
██
██
██
██
██
██
██
██
██████
████████████████████████████████████████████████████████████
.
  Anonymous Bitcoin Mixer 
.
████████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
▄▄███████▄▄
▄██████████▀▀███▄
▄████████████▄▄██▀██▄
▄█████████████▀██▄████▄
▄██████████████▄▀██████▄
██████████████▀█▄████████
█████████████████████████
██████████████▄█▀████████
▀██████████████▀▄██████▀
▀█████████████▄██▀████▀
▀████████████▀▀██▄██▀
▀██████████▄▄███▀
▀▀███████▀▀

.
ONION
██████
██
██
██
██
██
██
██
██
██
██
██
██████
██████
██
██
██
██
██
██
██
██
██
██
██
██
████
█████████████████████████████████████████████████████████████████████████
.
START MIX.
█████████████████████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██

██████

Offline cryptopediabd

  • Sr. Member
  • *
  • *
  • Activity: 415
  • points:
    17036
  • Karma: 9
  • My Identity Coin (MYID)
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: February 01, 2021, 08:50:26 PM
    • View Profile

  • Total Badges: 18
    Badges: (View All)
    10 Posts First Post Third year Anniversary
Re: Binance has just burned 1,821,586 BNB
« Reply #5 on: December 21, 2020, 10:55:49 PM »
That was a huge burned. After watching this news I'll surely jumped to the stopping train. Because i don't want to jump moving train. So bnb price stable now. It's time to invest in bnb.
« Last Edit: December 22, 2020, 12:16:53 AM by cryptopediabd »
██████
██
██
██
██
██
██
██
██
██
██
██
██████
      ▄▄▀▀ ▀▀▀
    ▀▀ ▄▄▀▀▀▀▀▀▀▀
   ▄▀▀ ▄▄▀▀▀▀▀▀▀ ▀▀▄
 ▄▀ ▄ ▀  ▄▄▄▄  ▀▀▀▄▄
  ▄▀ ▄▀ █▀  ▀█ ▀▀▄ ▄▀
 ▀ ▄▀  ▄█▄▄▄▄█▄ ▀ ▄ ▀▄
█ ▐▌  █  ▄▄▄   █ ▄ ▀▄
▀ ▀ ▌ █ ███ ▄ █  ▐▌▐▌
  █ ▌ █  ▀▀▀▀  █  ▐▌
  █ █  ▀▀▀▀▀▀▀▀  █ █
    █ █ █ ▐▌▐▌▐▌▐▌ ▀
    ▀ ▐▌ ▄ █ ▄ ▀ ▀
       ▀ ▀▄▐▌ ▀
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████████▀▀  █████
████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
████████ █ ▄███▄   ███████
████████████████▄▄██████
▀████████████████████▀
▀████████████████▀
▀▀████████▀▀
▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████▀    ▐███████
███████████    ▄▄█████████
▐██████████▀    ▀▀█████████▌
▐█████████▌       █████████▌
▐███████████    ███████████▌
███████████    ███████████
██████████    ██████████
▀████████▄  ▄████████▀
▀████████████████▀
▀▀████████▀▀
██████
██
██
██
██
██
██
██
██
██
██
██
██████

Offline juv3ntus1

  • Sr. Member
  • *
  • Activity: 646
  • points:
    7443
  • Karma: 7
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: November 15, 2021, 11:53:45 PM
    • View Profile

  • Total Badges: 20
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: Binance has just burned 1,821,586 BNB
« Reply #6 on: December 22, 2020, 08:44:18 AM »
Well it's look like CZ don't have other ideas to attrack more people to invest in BNB and now are just burning more and more binance coin.This actions will help the price for a short term but on the long time will fail.
Bistroo.io
   ★
Bistroo gives control back to
business owners and consumers
.
  ★
▄▄█████████▄▄
▄█████████████████▄
▄████     █ ▀█████████▄
▄█████     █   ▀████████▄
▄██████  ▀▀ █     ▀███████▄
███████     █▄▄▄▄▄▄▄███████
███████  ▄▄▄▄▄▄▄▄▄  ███████
███████  ▄▄▄▄▄▄▄▄▄  ███████
▀██████  ▄▄▄▄▄▄▄▄▄  ██████▀
▀█████  ▄▄▄▄▄▄▄▄▄  █████▀
▀████             ████▀
▀█████████████████▀
▀▀█████████▀▀
▄▄█████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄████████████████▀▀█████▄
▄████████████▀▀▀    ██████▄
████████▀▀▀   ▄▀   ████████
█████▄     ▄█▀     ████████
████████▄ █▀      █████████
▀████████▌▐       ████████▀
▀████████ ▄██▄  ████████▀
▀█████████████▄███████▀
▀█████████████████▀
▀▀█████████▀▀
▄▄█████████▄▄
▄█████████████████▄
▄████████ ██ █████████▄
▄█████▀▀▀▀ ▀▀ ▀▀████████▄
▄███████▄   ▄▄▄▄  ▀███████▄
█████████   ████   ████████
█████████         ▀████████
█████████   ████    ███████
▀███████▀   ▀▀▀▀   ▄██████▀
▀█████▄▄▄▄ ▄▄ ▄▄▄███████▀
▀████████ ██ █████████▀
▀█████████████████▀
▀▀█████████▀▀
██████████
██
██
██
██
██
██
██
██
██
██
██
██████████
.
SIGNUP NOW
██████████
██
██
██
██
██
██
██
██
██
██
██
██████████

Altcoins Talks - Cryptocurrency Forum

Re: Binance has just burned 1,821,586 BNB
« Reply #6 on: December 22, 2020, 08:44:18 AM »


Offline IyemRoker

  • Legendary
  • *
  • *
  • *
  • Activity: 1982
  • points:
    21824
  • Karma: -1
  • Your Bitcoin Mixer
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: February 20, 2024, 09:37:20 AM
    • View Profile

  • Total Badges: 22
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary Linux User
Re: Binance has just burned 1,821,586 BNB
« Reply #7 on: December 30, 2020, 03:49:30 AM »
This actions will help the price for a short term but on the long time will fail.
Why in the long run the coins that are burned can decrease in price?
Are there any specific issues with the burn coin type?
Or maybe if Binance doesn't provide updated information about the burning of the coins, there will be a dump or nothing at all?
             ▄▄█████████▄▄
    ▄█████▄█████████████████▄
  ▄███████████████████████████▄
 ████████████████▄▀▀███████████
▄███████████████████ ▀█████████
█████████████▀▀      ▐█████
████████████        ▄██████
▀███████████▌     ██████████▀
 █████
███████      ▀▀▀█████▀  █
  ███████████▄         ▀▀▀ ▄▄█
   ▀████████████▄▄▄   ▄▄▄███▀
     ▀▀██████████████████▀▀
         ▀▀▀████████▀▀▀
.
UniJoin.io Bitcoin Mixer
.|
▄▄██████▄▄
▄██████▀██████▄
▄███▀▀▀░░░▀▀▀███▄
▄███░░░▄███▄░░░███▄
████░░████▀▄█░░████
████░░█▄▀▄███░░████
▀████░░▀███▀░░████▀
▀████▄░░░░░▄████▀
▀█████▄▄▄█████▀
▀▀█████▀▀
NO LOGS
▄▄██████▄▄
▄█████▀▀▀█████▄
▄████▌░▄▄▄░▐████▄
▄█████░▀░░░█░█████▄
██████▌░░█▀░▐██████
███████▄░▄░▄███████
▀████▀░░░░░░░▀████▀
▀██▌░░░░░░░░░▐██▀
▀██▄▄█▄▄▄█▄▄██▀
▀▀█████▀▀
NO SIGN-UP
|████████████████████████
█████████████▀▄▀████████
████████████▀▄█████████
██████████▀▌▄██████████
██████████▌███████████
█████████▀▄███▀█████████
██████▀▄▄██████▀███████
█████▀▄█▀▄████████████
██████▀▄█▌▐████▐█████
█████▌▐█▀▌▐█████▐█████
██████████████▄██████
███████▄▄██████▄████████
████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
████████████████████████████████████████████████████████████████████
.
MIX ՈOW.
████████████████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████

Offline Lanirex

  • Hero Member
  • *
  • Activity: 881
  • points:
    21766
  • Karma: 30
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: October 03, 2022, 07:34:28 PM
    • View Profile

  • Total Badges: 19
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: Binance has just burned 1,821,586 BNB
« Reply #8 on: January 03, 2021, 05:08:14 PM »
After the token burn, BNB has not shown a significant increase in price. It looks like other actions need to be taken so that the BNB price can go to the moon soon.

Offline jonathancool220

  • Legendary
  • *
  • *
  • Activity: 1981
  • points:
    21268
  • Karma: 0
  • Bitcoin Mixer| Since 2019
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: February 20, 2024, 05:36:07 AM
    • View Profile

  • Total Badges: 21
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary Search
Re: Binance has just burned 1,821,586 BNB
« Reply #9 on: January 15, 2021, 03:10:34 PM »
-
Well, that's what I mean because everything in cryptocurrency requires the same process as making bread.
Bread was created starting from wheat flour, processed using eggs, butter. Entered into the grill and there will be the roit we want.

Binance also needs a process to increase its price and it will definitely be seen by you after burning the Binance coins.

Offline damsix

  • Legendary
  • *
  • *
  • Activity: 2412
  • points:
    28380
  • Karma: 2
  • Winz.io
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 04:13:06 AM
    • View Profile

  • Total Badges: 22
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: Binance has just burned 1,821,586 BNB
« Reply #10 on: April 05, 2021, 12:39:24 PM »
Binance is amazing!
An enormous value for BNB and it was easily burned by CEO Changpeng Zhao.
Indeed, this is a program from the start for BNB and it is certain that this will continue until BNB has a supply value of 100 million, because in its whitepaper BNB will continue to burn up to 50% of the total coin supply.

                ▄█▀
▐█▄    ▄██▄    ▄█▀ ██                          ██
███   ▄████   ▄█▀ ▄▄  ▄▄▄ ▄▄▄   ▄▄▄▄▄▄▄       ▄▄▄   ▄▄▄
███  ▄█▀███  ▄█▀ ██▌ ▄██▀▄▀██▌ █▀  ▄█▀       ▄██▌ ▄██▀ ▀▄
███ ▄█▀▐███ ██▀ ██▌ ▐███▀ ▄█▀    ▄█▀        ▄██▌ ▄██   ▄▀
▐██▄█▀  █████▀ ▐██  ███  ▐██   ▄█▀          ██▀  ██▌  ▄▀
 ▀██▀   ▀██▀    ▀█  ▀█   ▀█  ▄██▄▄▄▄▄▀▀  ██ ▀█    ▀███▀

Casino & Sports Betting
.
B O O S T E D
R E W A R D S

.
FOR CRYPTO PLAYERS
         ▐█▌                        ▄▄
▐██      ██ ▄▄  ▄   █▌ █████      ▄███▄
▐██     ▐█▌ ██  ██ ▐█   ▄██     ▄██████▄
██▌     ██ ▐█▌ ███▄█▌  ▄█▀     ▀▀▀██████▄
██▌ ██ ▐█▌ ██  ██▀██▌ ▄██▄▄      ▐███▌
██▌▄██▄██ ▐█▌ ██▌ ▀▀  █▀▀▀       ████
▐███████  ██  ▀▀            ▄   ▐███▌
▐███▀██         ▄▄▄▄████   ▐███▄████
 █▀
    ▄▄▄ ███ █████████   ████████▌
      ████ ███ ████▄███▌  ▐██ ▀▀███
     ▐███▌▐██▌▐████████   █▀      ▀
     ████████▌▐███▀▀▀▀   ▐▀
     ▀▀▀████▀ ████
▄██      ██▌▄██  ██▌▀██████▀██████ ██
███     ▐██ ██▌ ▐██ ▐██    ▐██    ▐█▌
███     ██▌▐██ ▄██▌ █████  █████  ██
███ ▄█ ▐██ ███████ ▐██    ▐██    ▐█▌
███▄█████ ▐██  ██▌ ██▄▄██ ██▄▄██ █████
▐███████  ██▌ ▐██ ▐██▀▀▀ ▐██▀▀▀  ▀▀
▐██▀ ▀▀  ▀▀▀
   ▄▄     ██   ▄   ▄ ████
      ▄▄▄ ▄▄▄  ██    ▐█▌▐█ ██ ██  ▄█▀
     █  █ █▄  ▐██    ██ █▌▐████▌ ▄█▀
     █  █ █   ▐██ ▄▄▐█▌▐█▌▐█ ██ ████▀
     ▀▀▀  ▀    ██▄████ ██ ▀▀
               ██████
               ██▀ ▀
.
BTC
ETH
LTC
.
DOGE
USDT
USDC
.
XRP
TRX
BNB
██████
██
██
██
██
██
██
██

██

██

██

██

██████
██████████████████████████████████████████████████████████
.
PLAY NOW.
██████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██

██

██

██

██

██████

Offline Freemind

  • * President *
  • Mythical
  • *
  • *
  • *
  • *
  • *
  • *
  • Activity: 9245
  • points:
    325051
  • Karma: 610
  • Mixero: Privacy by XMR (Monero) bridge
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: March 18, 2024, 09:13:04 PM
    • View Profile

  • Total Badges: 25
    Badges: (View All)
    Third year Anniversary Second year Anniversary 10 Posts
Re: Binance has just burned 1,821,586 BNB
« Reply #11 on: April 05, 2021, 12:52:10 PM »
On many sites on the net, I see many people wondering how BNB can keep going up in price. The most curious thing is that they do not stop talking about BNB but they do not know that from time to time millions of dollars in coins are burned that considerably increase the value of BNB. Without a doubt, it is a success that with a little luck and more development can bring BNB to $400.

From what I see BNB today can exceed its last ATH from just 3 days ago ($356.78) since it is now at $353.16.
░░░░░░░░░░░░░░░░░█████████████
░░░██████░░░░░░░░█████████████
░░░██████░░░░░░░░█████████████
░░░██████░░░░░░░░█████████████
░░░░░░░░░░░░░░░░░█████████████
░░░░░░█████████░░█████████████
░░░░░░█████████
░░░░░░█████████
░░░░░░█████████░░░░█████████
░░░░░░░░░░░░░░░░░░░█████████
████░░░░░░░░░░░░░░█████████
████░░░░░░░░░░░░░░█████████
██████████████████████████████
█████████▀▀███▀▀░░▀▀▀█████████
███████▀░░█▀░░░░▄▄▄▄▄▄▄███████
██████░░░██░░▄█▀▀░░░░░▀▀██████
█████░░░░█░░███████▄▄▄░░░▀████
███░██░░░█▄████████▄░▀█▄░░░███
███░░██░░░███████████░░▀█▄░███
████░░▀██▄▄████████░██░░░█▄███
█████░░░░░▀▀▀▀▀▀██░░██░░░█████
███████▄▄▄▄▄▄▄█▀░░░▄█░░░██████
████████▀▀▀▀░░░░░░██░░▄███████
██████████▄▄▄▄▄████▄██████████
██████████████████████████████
██████████████████████████████████████████████████████████████████████████████████
.
MIXERO.IO
.
██████████████████████████████████████████████████████████████████████████████████
████
██
██
██
██
██
██
██
██
██
██
██
████
..
..
..
..
..
..
..
..
██████████████████████████████
███████▀▀██░▀█████████████████
████████░░█░█▀▀░██████████████
████████░░▀░░░▄███████████████
██████▀░░░░░░░░░▀██████░▀█████
████▀░░░░░░░░░░░░░██▀▀█▄░░████
████░░░░░░░░░░░▄████▄░▀██░░███
████░░░░░░░░░▄██▀░▄██░░██░░███
█████░░░░░░▄██▀████▀░░██░░████
███████▄▄▄████▄░░░░▄██▀░░█████
███████████░░▀▀▀██▀▀▀░░▄██████
██████████████▄▄▄▄▄▄██████████
██████████████████████████████
..
..
..
..
████
██
██
██
██
██
██
██
██
██
██
██
████
██████████████████████████████████████████████████████████████████████
.
MIX.NOW
.
██████████████████████████████████████████████████████████████████████
████
██
██
██
██
██
██
██
██
██
██
██
████
█████████████
█████████████
░░░░░░░░░██████
█████████████░░░░██░░░██████
█████████████░░░░░░░░░██████
█████████████
█████████████░░█████████
░░░░░░░░░░░░░░░█████████
░░░░░░░░░░░░░░░█████████
░░█████████░░░░█████████
░░█████████
░░█████████░░░██░░░░░░░░░░████
░░█████████░░░░░░░░░░░░░░░████

Offline pelana vreo

  • Legendary
  • *
  • Activity: 1943
  • points:
    40235
  • Karma: 63
  • Trade Count: (0)
  • Referrals: 2
  • Last Active: January 13, 2024, 02:29:40 AM
    • View Profile

  • Total Badges: 23
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: Binance has just burned 1,821,586 BNB
« Reply #12 on: April 05, 2021, 03:00:07 PM »
Well it's look like CZ don't have other ideas to attrack more people to invest in BNB and now are just burning more and more binance coin.This actions will help the price for a short term but on the long time will fail.
I don't think so, Binance has created the Binance smart chain which is currently being used by DeFi platform developers to solve the problems that occur on the ethereum network, with the increasing number of projects on the BSC network, there will be a lot of users needing BNB for fuel, thus BNB prices will increase

 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod