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The post Binance Completes 24th Quarterly BNB Burn Worth $480 Million appeared first on Coinpedia Fintech News
Binance has completed its 24th quarterly burn of BNB, with a total of 1,991,854.33 BNB being burned. This equates to around $480 million in US dollars. The amount of burning is estimated based on the price of BNB and the level of activity on the BNBhain. Binance regularly completes these burns, which help reduce the overall supply of BNB and increase its value for investors. The latest burn is just one example of Binance’s ongoing commitment to improving its platform and supporting its users.
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