What is a Coin Burn?

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Coinburn – a removal of the tokens or coins from the project’s circulating supply to either slow the rate of project’s inflation or reduce the circulating supply. Watch the video to see how Binance is dealing with the BNB burn.

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To trade over 100 different cryptocurrencies visit Binance Exchange: https://www.binance.com

To trade Bitcoin and Ethereum with Pounds and Euros visit Binance Jersey: https://www.binance.je

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About Binance

Binance is a blockchain ecosystem comprised of Exchange, Labs, Launchpad, Info, Academy, Research, Trust Wallet and Charity.

Binance Exchange is the leading global cryptocurrency exchange, with users from over 190 countries and regions. Capable of processing more than 1.4 million orders per second, Binance Exchange is the largest crypto exchange by trade volume and one of the fastest in the world. The platform focuses on security, robustness, and execution speed — attracting enthusiasts and professional traders alike. For more information, visit: https://www.binance.com

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About Binance Jersey

Binance Jersey provides secure and reliable trading of the Euro (EUR) and British Pound (GBP) with Bitcoin (BTC) and Ethereum (ETH), in addition to digital asset management services to users from around the world. For more information, visit: https://www.binance.je

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