Did you know that every few months, Binance takes a good amount of BNB and, poof!, disappears it forever? 🤯#bnb #TradingCommunity #TradeStories
It's like burning bills in a digital fireplace. And although it sounds a bit crazy, it has its reason! By doing this, the total amount of BNB that exists decreases. Think about it: if there are fewer, and people still want BNB (either for cheaper fees, to enter Launchpad, or simply because they believe in the project), it makes sense that its value could rise over time!
It's a move that Binance makes to make BNB more... how to say it? More "scarce" and potentially more valuable for all of us who have a little saved. Plus, every time they do it, they tell us exactly how much they burned and why, so there are no secrets!
So, the next time you hear about a "BNB burn," you know it's not that something has been lost, but rather it's a strategy to try to make our BNB worth more in the long run! 😉
