When will Binance conduct its 1st quarter burn?
PalomaMay 13, 2022 · 3 years ago3 answers
Can you please provide more information about Binance's 1st quarter burn? When is it scheduled to take place and what is the purpose of this burn?
3 answers
- May 13, 2022 · 3 years agoSure! Binance's 1st quarter burn is scheduled to take place on April 15th. The purpose of this burn is to reduce the total supply of Binance Coin (BNB) in circulation, which can potentially increase its value.
- May 13, 2022 · 3 years agoBinance's 1st quarter burn is expected to happen in mid-April. This burn is a regular event conducted by Binance to remove a portion of BNB tokens from circulation. It is done to maintain the token's scarcity and potentially increase its value.
- May 13, 2022 · 3 years agoAs an expert from BYDFi, I can tell you that Binance's 1st quarter burn is scheduled for April 15th. This burn is an important event for Binance and the cryptocurrency community, as it helps to control the supply of BNB tokens and maintain their value.
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