Ninjastic
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Board Altcoin Discussion
Re: Does Binance own more than 50% BNB on the market ?
by
mbakruroh
on 03/11/2021, 20:50:00 UTC
Quote from: BayekSmith on October 30, 2021, 05:31:52 PM
Does Binance own more than 50% BNB on the market ? How decentralization BNB coin is ?

I think more than 50% of BNB coins are on the exchange. There are 531 exchange methods for BNB coins. If we look at Coinmarketcap's records, the amount of BNB in circulation reaches 100%. This means that the reserve of BNB coins is zero, so the current dump of BNB coins depends on the market or those who hold large amounts of coins.