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CryptoSlate 2019-07-12 18:51:18

Binance pledges to burn its entire team allocation of BNB, over $2 billion to be burned

The world’s leading cryptocurrency exchange Binance pledged to burn its entire team allocation of BNB, a token representing pseudo-equity in the exchange, which provides ‘dividends’ through burn appreciation and additional value in the Binance ecosystem. The move is unprecedented, with the exchange burning $2.5 billion in tokens at current prices. Binance will burn 80 million […]The post Binance pledges to burn its entire team allocation of BNB, over $2 billion to be burned appeared first on CryptoSlate.

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