Binance Coin Burn successfully completed: 2,220,314 BNB burned
Binance Coin Burn successfully completed: 2,220,314 BNB burned
The Txid of the Coin Burns is this: https://etherscan.io/tx/0x15132c07b4fdee0d4c77c2993588270914c1451953f5fa9ee20aa5450f399031
For Binance Coin owners, this Coin Burn has not really been worth it, as BNB's price dropped just under 7.72 percent to $ 12.44 over the last 24 hours.
Market capitalization is $ 1.4 billion. This places the Binance Coin in 18th place of the largest cryptocurrencies.
Nevertheless, the BNB could have important functions in the future. Binance plans to launch a decentralized exchange in a timely manner, on which the Binance Coin should play a central role. How this looks in detail, however, is still open at the present time.
Furthermore, fees can be saved with the BNB when trading on the Binance platform. In the first year this is still 50%, with advancing age this discount decreases.
The next Coin Burn will probably take place in mid-July. Binance does not announce the exact date beforehand, so the exact time will continue to be speculation.
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