EXCHANGE TOKENS BURN

Token burning refers to the permanent removal of existing cryptocurrency coins from circulation.

Top 3 exchange tokens by the amount of supply burned are BIKI (41.78%), HT (40.46%), and BTMX (32.12%).
Huobi burned a huge amount of tokens in Q1 2020 (32.75%), due to the realization of their Investor Protection Fund & Platform operations token burn program.

In Q1 TOP 5 exchanges by % of tokens burned are Huobi (32.75%), Biki (2.03%), Binance (1.69%), OKEX (1.06%) and BitMax (0.66%)

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