Azbit describes itself as a blockchain-based banking platform for crypto traders and crypto investors. It aims to build a bridge between the world of traditional finance and cryptocurrencies.

AZ token destruction is intended to limit the circulating supply and, consequently, to support the price of the native coin.

Weekly Burn

The 2nd AZ burn is scheduled for February 17, 2020. Reference: the 1st burn destroyed 252,471,113.6 native tokens.

2nd Token Burn

"On February 10, the first Azbit token burn will take place."

First Token Burn

Azbit team will eliminate native coins from circulation until 10% of the initial token supply remains on the market.

Weekly Coin Burn

Azbit team will continue to destroy tokens from the project's profit until AZ number is reduced to 10% of the initial supply.

Weekly AZ Token Burn

To date, the number of AZ coins eliminated from circulation reaches 13,210,714,218.22.

Weekly AZ Coin Burn

Azbit will destroy tokens from the project’s profits on a weekly basis until AZ number is reduced to 10% of the initial supply.

"The next burn is scheduled for February 24, 2020."

3rd Token Burn

"9th weekly burn: 66,078,198.58 native coins were irrevocably destroyed."

"Weekly token destruction is carried out to increase the value of existing AZ."

"As a Monday tradition, #Azbit coin is burned to reduce the number of #AZ circulating on the market, and thus support the price."

Azbit team will destroy native coins based on profit until 10% of the initial supply remains on the market.

To date, the number of AZ has been reduced to 90% of the initial supply.

Azbit team will destroy native tokens based on profit until 10% of the initial supply remains on the market.

Weekly AZ Burn

Azbit will destroy native coins based on profit until 10% of the initial supply remains on the market.

Azbit team will continue to destroy AZ based on profits until 10% of the initial token supply remains on the market.

Azbit team will eliminate native tokens from circulation until the amount of AZ is reduced to 13,888,888,888 (10% of the initial supply).

As a Monday tradition, Azbit burns native tokens according to the overall trading volume in order to support the price of the existing AZ.

Token Burn

Azbit will eliminate coins from circulation on a weekly basis until the number of AZ is reduced to 138,888,888 (0.1% of the initial supply).

Azbit eliminates coins from circulation on a weekly basis until the number of AZ is reduced to 138,888,888 (0.1% of the initial supply).

"Weekly Burn: 8,704,610 #AZ were turned to ashes!"

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