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TagsWhat is the total supply of Binance coins?
SUJAN S T CSEDec 18, 2021 · 3 years ago3 answersCan you please provide me with the detailed information about the total supply of Binance coins? I am curious to know how many Binance coins are currently in circulation.
3 answers
- The total supply of Binance coins (BNB) is 200 million. However, it's important to note that the supply is not fixed and can change over time due to token burns and other factors. Binance periodically burns a portion of the BNB tokens to reduce the total supply and increase the value of the remaining tokens. This burning process helps create scarcity and maintain the token's value.Dec 18, 2021 · 3 years ago
- As of now, the total supply of Binance coins is 200 million. However, it's worth mentioning that Binance has a plan to gradually reduce the supply to 100 million through periodic token burns. This reduction in supply aims to increase the value of Binance coins over time.Dec 18, 2021 · 3 years ago
- The total supply of Binance coins is currently 200 million. However, it's important to note that the supply is not fixed and can change due to token burns. Binance has a unique feature called BNB burn, where they use a portion of their profits to buy back and burn BNB tokens. This process helps reduce the supply and increase the value of the remaining tokens.Dec 18, 2021 · 3 years ago
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