What is BOB exactly?

Since the BOB currency is built on the BNB Smart Chain (BEP20), burning is done like this:

You choose the amount of BOB you want to burn.

You send it to the official dead wallet address:

0x000000000000000000000000000000000000dEaD

(This is the globally known address for burning any BEP20 or ERC20 currency).

After the transfer, the coins disappear from circulation permanently, and you or anyone can verify via BscScan that the process has been completed.

🔥 3. How do you verify that the burn is official?

You go to the BscScan website.

You search for the contract code of the BOB currency:

0x74836cc0e821a6be18e407e6388e430b689c66e9

Then you see the transactions sent to the dead address (0x…dEaD).

If it appears there, this is a real and documented burn on the blockchain.

🔥 4. Can you burn from Binance platform?

No ❌, because Binance does not allow burning from within. You must transfer your coins to a decentralized wallet like:

Trust Wallet

MetaMask

SafePal

Then send them from there to the dead address.

🔥 5. Is the burn individual or collective?

Individual: Any BOB holder can burn their coins themselves.

Collective: Sometimes the community conducts a burn campaign (they agree on a specific percentage of coins and burn them to increase the coin's value).

$BOB