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Questions tagged [burn crypto]

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GwanghwamunGuardianAngelWings GwanghwamunGuardianAngelWings Sun Jun 16 2024 | 7 answers 1700

What does it mean to burn crypto?

Could you please explain to me what is meant by the term "burning crypto"? I've heard it mentioned in several crypto-related discussions but I'm not quite sure what it entails. Is it a process related to the destruction of cryptocurrencies? Or does it have a different significance in the crypto world? Could you elaborate on the concept and its implications, if any, in the broader context of cryptocurrency and finance?

What does it mean to burn crypto?

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