Wallet with BOB scares beginner buyers in Cryptoassets
📣🆕 Some BOB buyers are in the community expressing concerns about a wallet that holds half of the BOB supply.
This is nothing more than an official wallet of Binance itself.
When a token is in pre-launch on Binance Alpha, it is normal for a certain amount of this crypto project to be designated for locking in the official wallet. And there are several reasons for this.
For example, this wallet acts as a pillar of the project, also serves as security for the project and for investors, and is used for trading after the launch on Binance Spot.