Coinmonks
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Coinmonks

What is a Coin Burn, and how does Coin Burning work?

The term Coin Burn describes the permanent removal of coins from the circulating coin stock. Accordingly, this approach ensures a permanent reduction of the total supply on the market. Basically, Coin Burning is a procedure that is immanent in almost every cryptocurrency and is intended to counteract a decline in value.

An introduction to Coin Burn

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TheLuWizz

TheLuWizz

Talk about crypto stuff, personal development, entrepreneurship, travel experiences, and things that inspire me! No financial advice!