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 Ads bidding Bidding Open

Author Topic: Binance burned 3,619,888 BNB  (Read 1965 times)

Offline vaysar

  • Legendary
  • *
  • Activity: 3312
  • points:
    45787
  • Karma: 72
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: December 26, 2023, 02:59:04 AM
    • View Profile

  • Total Badges: 20
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Binance burned 3,619,888 BNB
« on: January 20, 2021, 08:49:06 AM »
Binance cryptocurrency exchange held its 14th quarterly round of redemption of utility tokens using part of the funds from the company's profits. The purchased digital currency was burned in the amount of $165.8 million - a new quarterly record.
Despite the destruction of 3.619 million BNB, their number in free circulation has increased due to the unblocking of 16 million BNB credited to the accounts of the Binance team. The exchange thus rewards investors and employees, according to the terms of the release of the Binance Coin cryptocurrency.
A source: https://cryptor.net/news/centralizovannyy-link-pervaya-licenziya-na-igrovoy-token-v-yaponii-rekordnoe-unichtozhenie

Altcoins Talks - Cryptocurrency Forum

Binance burned 3,619,888 BNB
« on: January 20, 2021, 08:49:06 AM »

For Monthly biddings Check Here


Offline damsix

  • Legendary
  • *
  • *
  • Activity: 2450
  • points:
    37243
  • Karma: 3
  • Winz.io
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: March 28, 2024, 08:16:04 AM
    • View Profile

  • Total Badges: 22
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: Binance burned 3,619,888 BNB
« Reply #1 on: February 03, 2021, 08:09:43 AM »
3,619 million BNB coins burned and this is just a price hike from Binance, incredible.
I didn't expect this because Binance was very consistent with what Cz had said before.
If Binance continues to burn its coins then I make sure the coin supply is low and the prices are high.

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

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 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 burned 3,619,888 BNB
« Reply #2 on: February 06, 2021, 06:38:04 AM »
-
Even if you put the Binance coins burned, it can create new exchanges such as personal or P2P exchanges on Binance.
Binance coin burning has been around since the first time you created a whitepaper for the Binance project and until now Binance is still consistent in burning its coins.
I think so far I have to fully understand what happened to the Binance coin because one day it might also be side by side with Ethereum in numbers 2 and 3 Coinmarketcap .
             ▄▄█████████▄▄
    ▄█████▄█████████████████▄
  ▄███████████████████████████▄
 ████████████████▄▀▀███████████
▄███████████████████ ▀█████████
█████████████▀▀      ▐█████
████████████        ▄██████
▀███████████▌     ██████████▀
 █████
███████      ▀▀▀█████▀  █
  ███████████▄         ▀▀▀ ▄▄█
   ▀████████████▄▄▄   ▄▄▄███▀
     ▀▀██████████████████▀▀
         ▀▀▀████████▀▀▀
.
UniJoin.io Bitcoin Mixer
.|
▄▄██████▄▄
▄██████▀██████▄
▄███▀▀▀░░░▀▀▀███▄
▄███░░░▄███▄░░░███▄
████░░████▀▄█░░████
████░░█▄▀▄███░░████
▀████░░▀███▀░░████▀
▀████▄░░░░░▄████▀
▀█████▄▄▄█████▀
▀▀█████▀▀
NO LOGS
▄▄██████▄▄
▄█████▀▀▀█████▄
▄████▌░▄▄▄░▐████▄
▄█████░▀░░░█░█████▄
██████▌░░█▀░▐██████
███████▄░▄░▄███████
▀████▀░░░░░░░▀████▀
▀██▌░░░░░░░░░▐██▀
▀██▄▄█▄▄▄█▄▄██▀
▀▀█████▀▀
NO SIGN-UP
|████████████████████████
█████████████▀▄▀████████
████████████▀▄█████████
██████████▀▌▄██████████
██████████▌███████████
█████████▀▄███▀█████████
██████▀▄▄██████▀███████
█████▀▄█▀▄████████████
██████▀▄█▌▐████▐█████
█████▌▐█▀▌▐█████▐█████
██████████████▄██████
███████▄▄██████▄████████
████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
████████████████████████████████████████████████████████████████████
.
MIX ՈOW.
████████████████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████

Offline Rehan Zakir

  • Plagiarism strike
  • Member
  • *
  • Activity: 113
  • points:
    4591
  • Karma: -3
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: July 04, 2021, 06:42:20 AM
    • View Profile

  • Total Badges: 9
    Badges: (View All)
    10 Posts First Post Second year Anniversary
Re: Binance burned 3,619,888 BNB
« Reply #3 on: April 20, 2021, 03:04:45 PM »
Burning coins always impacts on the price of coin. Because it burned coins forever from the total supply. A low supply always impacts on the price of the coin.
This burning mechanism is a technique for growing the price of coin.

Offline ustcoin

  • Legendary
  • *
  • *
  • Activity: 1645
  • points:
    31422
  • Karma: 310
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: March 28, 2024, 01:00:21 AM
    • View Profile

  • Total Badges: 22
    Badges: (View All)
    Fourth year Anniversary Third year Anniversary 10 Posts
Re: Binance burned 3,619,888 BNB
« Reply #4 on: April 21, 2021, 05:34:01 PM »
The Binance exchange is making the launch pad for the Barcelona coin. Other exchanges are also listed with Barça tokens, but the launchpad of the binance exchange still attracts attention, causing the Bnb price to rise. There has been a recent coin burning incident. Bnb can set a goal of $ 1 thousand with this trend.

Offline Gravatai

  • Hero Member
  • *
  • Activity: 747
  • points:
    11514
  • Karma: 84
  • FRX: Ferocious Alpha
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: January 07, 2022, 09:39:22 PM
    • View Profile

  • Total Badges: 22
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: Binance burned 3,619,888 BNB
« Reply #5 on: April 24, 2021, 10:28:14 PM »
Burning coins always impacts on the price of coin. Because it burned coins forever from the total supply. A low supply always impacts on the price of the coin.
This burning mechanism is a technique for growing the price of coin.
In the long term, of course, burning has a positive effect, but in the short term, I did not notice a strong impact on the price. Given that the flaring will continue, and the popularity of BSC will continue to grow, we can say that this is one of the most promising coins to date.

Offline yohananaomi

  • Legendary
  • *
  • *
  • Activity: 1931
  • points:
    83907
  • Karma: 289
  • Bitcoin Mixer| Since 2019
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: March 28, 2024, 05:08:57 PM
    • View Profile

  • Total Badges: 26
    Badges: (View All)
    Sixth year Anniversary Fifth year Anniversary Fourth year Anniversary
Re: Binance burned 3,619,888 BNB
« Reply #6 on: January 29, 2024, 09:09:42 PM »
Continuing the information, when this news was published in 2021, it continued to be carried out periodically, and indeed, burning occurred. For the details I received from the news via the site at this link:
BNB BURN








Of course, this will continue and will strengthen BNB, which can continue to contribute.
Do you believe that? will be able to strengthen the price of BNB!!

Altcoins Talks - Cryptocurrency Forum

Re: Binance burned 3,619,888 BNB
« Reply #6 on: January 29, 2024, 09:09:42 PM »


 

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