What is the current supply of BNB in the cryptocurrency market?

3 answers

• Nov 28, 2021 · 3 years ago
  The current supply of BNB in the cryptocurrency market is approximately 170 million tokens. BNB, also known as Binance Coin, is the native cryptocurrency of the Binance exchange. It was initially launched as an ERC-20 token on the Ethereum blockchain, but later migrated to its own blockchain called Binance Chain. The total supply of BNB is capped at 200 million tokens, with periodic token burns conducted by Binance to reduce the supply and increase its scarcity. These token burns involve the permanent removal of BNB tokens from circulation, thereby reducing the total supply over time. The current supply can be checked on the Binance website or through various cryptocurrency market data platforms.
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• Nov 28, 2021 · 3 years ago
  As of now, there are approximately 170 million BNB tokens in circulation in the cryptocurrency market. BNB is the native cryptocurrency of Binance, one of the largest cryptocurrency exchanges in the world. The supply of BNB is managed by Binance through periodic token burns. These token burns help to reduce the supply and increase the value of BNB. The current supply can be found on the Binance website or through cryptocurrency market data platforms.
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• Nov 28, 2021 · 3 years ago
  The current supply of BNB in the cryptocurrency market is around 170 million tokens. BNB, also known as Binance Coin, is the native cryptocurrency of Binance, a popular cryptocurrency exchange. The supply of BNB is managed by Binance through a combination of token burns and initial coin offerings (ICOs). Token burns involve the permanent removal of BNB tokens from circulation, which helps to control the supply and maintain the value of the cryptocurrency. Binance periodically conducts token burns based on its quarterly profits. The current supply can be checked on the Binance website or through cryptocurrency market data platforms.
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