$0.00000102
- Market Cap$383,208.757
- 24 Hour Trading Vol$210,130.482
- Fully Diluted Valuation$1,021,547
- Circulating Supply375,126,286,207
- Total Supply1,000,000,000,000
- Max Supply1,000,000,000,000
- Biconomy Exchange Token Price$0.00000102
- Trading Volume$210,130.482
- Market Cap$383,208.757
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BIT is a decentralized digital asset built on the Binance Smart Chain and it follows the BEP20 standard. The BIT Token was established to serve the community, and Biconomy worked to provide the best available conditions and commissions for transferring the token.
BIT’s performance is partly tied to the credibility of the Biconomy crypto exchange, though other variables can also influence it. The BIT token was created to encourage more participation in using the exchange-so the exchange’s international community can take part freely in its activities-and to reward that involvement with bonuses.
A major use of the token is lowering trading commissions on the exchange, which are typically taken from users' wallets. However, BIT offers more than fee reduction. With BIT, users can buy monthly VIP-status plans to get discounts on transaction fees. Token holders can vote on exchange matters, may receive crypto rewards tied to seasonal buybacks, and can gain early access to special events. At any time, BIT holders can trade the token for other cryptocurrencies.
Key features of the Biconomy Token:
50% of transaction operation fees will be used to repurchase and burn BIT tokens-helping limit inflation-while the remaining 50% will be distributed to token holders as USDTBIT will be used across smart chain, DEX, NFT, and other potential Biconomy productsBIT uses a deflationary setup: every transaction includes a 6% tax, with 4% burned and 2% sent to the wallet holding the currencyA corresponding portion of income from the Contract section ( launch Q4, 2021 ) will be allocated to repurchase and burn BIT.| Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
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