Skip to main content

Glossary · Definition

Burn Mechanism

A burn mechanism is when cryptocurrency tokens are intentionally destroyed and removed from circulation forever, like burning physical money.

Read the full entry with a CryptoBipto membership

The full entry for Burn Mechanism covers the detailed definition, how it works, an example and the mistakes beginners make.

CryptoBipto is a crypto education platform. It does not buy, sell, hold or send cryptocurrency for anyone, and it does not give financial advice.