File $600M BNB burn suggests Binance made $750M in revenue in Q1 By Cointelegraph

0
13



File $600M BNB burn suggests Binance made $750M in revenue in Q1

Binance Coin (BNB) noticed its fifteenth burn to this point on Friday. Based on on-chain information, Binance burned almost $600 million value of BNB tokens.

Traditionally, Binance has burned round 20% of the change’s earnings. However within the final burn, Binance burned far more than 20%, and the precise share of the burn stays unsure.

Binance Good Chain transaction quantity. Supply: BSCScan
BNB/USDT 1-day worth chart (Binance). Supply: TradingView.com