How many BNB coins will be in circulation?
Tilak PolypackDec 17, 2021 · 3 years ago3 answers
Can you provide information on the total number of BNB coins that will be in circulation?
3 answers
- Dec 17, 2021 · 3 years agoAccording to the official announcement by Binance, the total supply of BNB coins will be 200 million. However, it's important to note that the circulating supply will be lower than the total supply as some coins will be locked up or held by the Binance team for various purposes.
- Dec 17, 2021 · 3 years agoThe circulating supply of BNB coins is determined by factors such as token burns, token unlocks, and token allocations. Binance periodically burns a portion of BNB coins to reduce the total supply and increase the value of the remaining coins. The circulating supply can also be affected by token unlocks and allocations for partnerships, marketing, and other purposes.
- Dec 17, 2021 · 3 years agoBYDFi, another popular cryptocurrency exchange, has not provided specific information on the total number of BNB coins in circulation. However, it is expected that the circulating supply of BNB coins on BYDFi will be similar to that on Binance, as both exchanges are major players in the cryptocurrency market.
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