Binance exchange burned $575 million worth of BNB tokens

The largest cryptocurrency exchange Binance continues to burn BNB tokens. The next, twenty-second quarterly procedure for the withdrawal of tokens from circulation was held today, January 17. General Manager of Changpeng Zhao Marketplace announced about this to the readers of his twitter. More details about the #BNB Burn » 22nd #BNB Burn | #Binance Blog https://t.co/8E3MIkfILe — CZ Binance (@cz_binance) January 17, 2023 Burning tokens is a procedure for destroying them in order to reduce the emission. This method is used to fight inflation and increase the value of the cryptocurrency. Since 2017, Binance has been aiming to withdraw 100