The world’s largest cryptocurrency exchange Binance CEO, CZ made some announcements and shared burn news for BNB.
Even though cryptocurrency exchange Binance has seen a significant decrease in its market share recently, it continues to influence the sector. Binance CEO Changpeng Zhao (CZ) is known for his influential statements in the cryptocurrency industry. In his recent post on Twitter, CZ clarified the allegations about presales. CZ stated that BNB is a launch token and nobody got free BNB in the presale. He also announced that BNB will be burnt in the next few days.
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“BNB is a fair launch token. So no one was able to get a free BNB token from the initial supply. The team tokens were never moved or used. Only burned. By the way, there will be another burn in a few days!”
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