Biconomy Exchange Token (BIT)
Price
$0.000005 (-0.86
%)
฿0.00000000 (-1.62
%)
Market cap
$1 507 114
฿21.97
Volume (24h)
$501 204
฿7.31
Supply
639 483 463 453 (Max)
295 101 604 662 (Available)
Events are managed by official representatives
Biconomy Token (BIT) - is the native token of the cryptocurrency exchange Biconomy.com.
It is a decentralized digital asset based on the Binance Smart Chain and is BEP20 compliant.
Since this is a token of our community and created for community benefits, we made sure that our community has the most favorable conditions and commissions for transfers of the BIT Token.
BIT’s value is in part reliant upon the reputation of the Biconomy crypto exchange, yet other factors also have an impact.
● BIT adopts a deflationary model: each transaction charges a 6% tax, 4% of which is
transferred to the black hole address for destruction, and 2% is allocated to the wallet with
currency.
● For Biconomy exchange's currency transaction operation fees, 50% will be used to repurchase and burn BIT tokens - this will curb inflation, and 50% will be airdropped to token holders in the form of USDT.
● BIT token holders will have special trading commission conditions on the Biconomy exchange, which will depend on the number of tokens on hold.
● Holding BIT tokens offers the opportunity to obtain a share of high-quality blockchain
projects invested by the Biconomy Foundation, reducing the threshold for users to participate in the first-level investment.
● Contract section: Biconomy expects to launch the contract section in the fourth quarter of 2021, and the corresponding part of the income will be used to repurchase and burn BIT
● Follow-up plan use case: BIT will be applied to smart chain, DEX, NFT, and other potential
products of Biconomy.
It is a decentralized digital asset based on the Binance Smart Chain and is BEP20 compliant.
Since this is a token of our community and created for community benefits, we made sure that our community has the most favorable conditions and commissions for transfers of the BIT Token.
BIT’s value is in part reliant upon the reputation of the Biconomy crypto exchange, yet other factors also have an impact.
● BIT adopts a deflationary model: each transaction charges a 6% tax, 4% of which is
transferred to the black hole address for destruction, and 2% is allocated to the wallet with
currency.
● For Biconomy exchange's currency transaction operation fees, 50% will be used to repurchase and burn BIT tokens - this will curb inflation, and 50% will be airdropped to token holders in the form of USDT.
● BIT token holders will have special trading commission conditions on the Biconomy exchange, which will depend on the number of tokens on hold.
● Holding BIT tokens offers the opportunity to obtain a share of high-quality blockchain
projects invested by the Biconomy Foundation, reducing the threshold for users to participate in the first-level investment.
● Contract section: Biconomy expects to launch the contract section in the fourth quarter of 2021, and the corresponding part of the income will be used to repurchase and burn BIT
● Follow-up plan use case: BIT will be applied to smart chain, DEX, NFT, and other potential
products of Biconomy.
Statistics
3 coins to keep an eye on 👀
Subscribe to receive a weekly selection of 3 coins to watch closely, based on upcoming events and technical analysis.