What is the date of Binance's 2018 2nd quarter burn?
Peter NgwaMay 08, 2022 · 3 years ago3 answers
Can you please tell me the exact date of Binance's 2018 2nd quarter burn? I'm interested in knowing when this event took place and how it may have affected the cryptocurrency market.
3 answers
- May 08, 2022 · 3 years agoSure! The date of Binance's 2018 2nd quarter burn was July 18th. This event is part of Binance's commitment to burn a portion of their BNB tokens every quarter, which helps to reduce the total supply and increase the value of the remaining tokens. The burn is based on the trading volume of Binance and is a highly anticipated event in the cryptocurrency community.
- May 08, 2022 · 3 years agoThe 2018 2nd quarter burn for Binance took place on July 18th. This burn involved the destruction of a significant number of BNB tokens, which helps to create scarcity and drive up the value of the remaining tokens. It's worth noting that Binance has been consistently burning tokens since its launch, which has contributed to the success and popularity of the exchange.
- May 08, 2022 · 3 years agoAh, the 2018 2nd quarter burn of Binance! It happened on July 18th. Binance has been conducting regular token burns to increase the value of their BNB tokens. These burns are based on the trading volume of the exchange and have been quite successful in boosting the token's price. It's a smart move by Binance to create scarcity and generate more interest in their platform.
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