Binance Records $78 Million in Profits During Q1 2019
Apr 17, 2019 · Each quarter, Binance burns an amount of BNB that corresponds to 20% of the exchange’s profits. This process will be taking place until 100 million BNB (half the total …
Binance Completes The 7th BNB Tokens Burn: Implies 66% Increase in 2019 ...
Apr 16, 2019 · Binance burns BNB worth 20% of its quarterly profits. This time, binance burned 828,888 BNB which is roughly worth around $15.6 million. This means that in Q1 of 2019, …
7th BNB Burn - Binance Blog
Jul 27, 2022 · The amount of BNB burned this quarter is about half the amount burned last quarter. But considering BNB has more than tripled in value during these past 3 months, the …
[BNB] BNB Burn History - Coin Tools
[Binance Coin] BNB Burn History table displays the amount of BNB tokens burnt since the 1st burn, as well as BNB total supply and the burn percentage (%) at each burn event.
Red-Hot Crypto Binance Coin Surges 189% in Q1 As Binance …
Apr 17, 2019 · The amount of BNB burned throughout the first quarter of 2019 was about half the amount burned last quarter. Coin burning, which reduces the total supply of digital assets by …
BNBBurn - BNB Real-Time Burn and Auto-Burn Schedule
The BNB Auto-Burn mechanism adjusts the amount of BNB to be burned based on BNB's price and the number of blocks generated on BNB Smart Chain (BSC) during the quarter.
What is BNB Burn? Binance coin burning explained - Auto burn
Jul 28, 2022 · The BNB auto burn mechanism is automated to adjust the amount of BNB to be burned based on the price of BNB and the number of blocks generated on Binance Smart …
Binance Completes The 7th BNB Tokens Burn: Implies 66% Increase in 2019 ...
Dec 10, 2019 · Binance burns BNB worth 20% of its quarterly profits. This time, binance burned 828,888 BNB which is roughly worth around $15.6 million. This means that in Q1 of 2019, …
Binance Coin (BNB) Trades Higher Following Quarterly Token Burn
Apr 17, 2019 · Given the extrapolation that the burn amount represents roughly 20% of Binance’s quarterly profits, the leading exchange likely brought in around $78 million in Q1 2019.
Binance Completes 9th Quarterly BNB Burn
Oct 16, 2019 · Use virtual funds to experience real trading scenarios with zero risk. Fellow Binancians, In accordance with the Binance whitepaper, we have completed our 9th quarterly …