Why is Binance burning BNB?

Binance intends to burn 100 million BNB, half of the initial supply, to:

Increase BNB value: By reducing supply, each BNB becomes rarer and more valuable.

Attracting Investors: The BNB burn signals Binance's commitment to achieving long-term value for the coin, which could attract more investors.

BNB Burning Methods:

Automatic Burn: The amount of BNB to be burned each quarter is calculated based on the BNB price and network activity.

BEP-95 Burning: A percentage of network fees are burned on Binance Smart Chain (BSC).

BNB burning schedule:

Binance does not publish a specific schedule in advance, but information on previous burns can be found at the following link: academy.binance.com/ar

BNB Burning Effect:

Increase in value: In the long term, burning BNB is expected to increase the value of the coin.

Attracting Investors: BNB may become more attractive to investors due to Binance's commitment to reducing supply and improving the value of the coin.