coinburn

When a beginner reads the news: “Binance platform burned assets worth half a billion dollars in BNB!” — the first thought that comes to mind is: Have these people gone mad? Why are they burning their money? And how can you burn something digital that’s not tangible in the first place?
The truth is that this “burn” is one of the smartest economic mechanisms in the entire crypto world, and it’s great news for everyone who holds this coin. Let’s break down this mystery.