Post
Topic
Board Altcoin Discussion
Re: Binance owns 82.69% of BNB
by
Kemarit
on 27/10/2021, 03:13:38 UTC
.... i would like to hear what you guys think...

I can assume that these wallets that the OP indicated belong to the Binsnce exchange and, accordingly, they contain BNB coins of exchange users. But in any case, a lot of coins are in the possession of the exchange team, which were released in 2017 and partially unblocked this summer.

This is what I initially though, since it's obvious that BNB has been trading in Binance so they majority of it will be on their wallet, but doesn't it mean that they own it personally? That's two different things in my opinion.

And I'm not sure where the attack or hate from the OP is coming from. I mean there are projects that hold the majority of the stakes but still people invest on them even though it's centralized.