Vienna Bitcoin Exchange Bitpanda: The 16th BEST burn is complete! 🔥
Bitpanda regularly burns its own house rsp. Nativetoken BEST. Why is Bitpanda doing this? Quite simply, the supply of BEST tokens that exist is becoming scarce. This is to raise the price and reward BEST Hodler. Or at least prevent inflation. Bitcoin News Switzerland was there from the very beginning, here is the information about the very first BEST Token Burn ever.
$BEST burns! We burned 1,815,351 BEST in the 16th BEST Burn with a total value of €744,817.69. This is 0.52% of our total stock and our 6th burn since we released BEST 2.0. have started.
You can find all the details about our 16th BEST Burn- including all transactions – here. And how many BEST are still in circulation, you can check here under “Max Total Supply”.
Why do we burn the BEST?
Each BEST burn reduces the amount in circulation. This will make the remaining tokens more valuable and bring you more benefits. Quite simply.
The BEST burn is up to 25% in the amount of collected revenue through payments of trading surcharges from BEST VIPs. We repeat this process until a maximum of 75% of all BEST(with an original stock of 1 billion BEST) has been burned.
Stay tuned for the next burn 🔥
If you want to buy or earn the BEST token, it is best to open an account with one of the largest startup and successful Euorpas, Bitpanda, today: