Cryptocurrency Q&A
What is the maximum supply of Binance?
What is the maximum supply of Binance?
WhisperInfinity
Wed Jun 26 2024
|
7 answers
1244
Could you elaborate on the maximum supply of Binance? I've heard conflicting reports about whether there's a fixed cap or not. Could you clarify if there's a definitive number? Also, does the maximum supply play a significant role in determining the value of Binance's cryptocurrency? How does it compare to other major cryptocurrencies in terms of supply? And lastly, is there any plan to change the maximum supply in the future? Understanding these aspects would help me better assess the potential of Binance as an investment.
7 answers
Tommaso
Fri Jun 28 2024
In February 2022, the Binance Chain and Binance Smart Chain (BSC) underwent significant transformations.
Was this helpful?
62
40
SolitudeSeeker
Fri Jun 28 2024
This evolution ultimately culminated in the emergence of the BNB Chain, a consolidated and enhanced blockchain platform.
Was this helpful?
245
59
PulseEclipse
Thu Jun 27 2024
According to Binance's plans, the coin-burning process is intended to ultimately remove a total of 100 million BNB coins from circulation.
Was this helpful?
40
75
Andrea
Thu Jun 27 2024
BNB, the native token of the Binance ecosystem, has a defined maximum supply of 165,116,760 tokens.
Was this helpful?
120
54
BusanBeautyBloom
Thu Jun 27 2024
Despite this seemingly vast number, Binance implements a unique coin-burning process to manage its token supply.
Was this helpful?
178
33
Load 5 more related questions
