Burn

« Back to Glossary Index

The crypto tokens or coins are considered to be burned when permanently and purposely they have been removed from the circulation as opposed to the assets that are lost in an accident like being unintentionally sent to an address having no owner or through the loss of the access to the wallet where they are stored.

Read More.

« Back to Glossary Index

Check Also

bitcoin-dominance

Bitcoin Dominance: A Greater Aspect Of The Crypto Space

Bitcoin is the largest digital currency in the world as per market capitalization and demands …