Cryptocurrency Q&A
What is a burner coin?
What is a burner coin?
QuasarPulse
Mon Oct 28 2024
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7
answers
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I've heard about burner coins and I'm curious to know what they are. Could someone explain to me what a burner coin is and how it works?
7 answers
Riccardo
Wed Oct 30 2024
Burning cryptocurrency is the process of sending tokens to an address that cannot be accessed.
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CryptoMagician
Wed Oct 30 2024
These addresses, specifically designed for this purpose, are referred to as "burner," "eater," or "null" addresses.
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GwanghwamunGuardianAngelWingsBlessing
Tue Oct 29 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet options.
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CharmedEcho
Tue Oct 29 2024
They serve as a means to permanently remove tokens from circulation.
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Sofia
Tue Oct 29 2024
By sending tokens to these addresses, they are essentially destroyed and can no longer be used.
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