Schaefer DinesenNov 23, 2021 · 3 years ago2 answers What were the consequences of the BNB coin burn in 2018 for Binance and its users?
What were the specific outcomes and impacts of the BNB coin burn event that took place in 2018 for Binance as a cryptocurrency exchange and its users? How did this event affect the BNB token's value, trading volume, and overall market perception? Were there any notable changes in user behavior or engagement on the Binance platform following the coin burn? Did the coin burn have any long-term effects on Binance's position in the cryptocurrency market?