In a nutshell, the Binance strategy appears to be: boost demand for BNB by offering discounts for transacting with it and holding it; shrink the supply through burns; and collect coins that flow in from trading. At the same time, analysts say, much of Bitcoin’s circulatory system runs on BNB. In a 2019 blog post, CZ declared that “our income is mostly in BNB.” The company tells Fortune, “We hold BNB and we continue to hold BNB.” Binance deploys some BNB for salaries and bonuses for employees who elect to be paid that way. Still, it appears that the inflow of BNB to Binance is much larger than the outflow. About Perry The BNB Once your withdrawal address is confirmed, you will receive a withdrawal request confirmation email - that means we have acknowledged receiving your request and will process it as soon as we can (usually instant, but should take no longer than 2-3 hours to be processed). You will receive a separate notification, once the request is processed.