Biconomy Exchange Token

Biconomy Exchange Token

Biconomy Exchange Token BIT Rank #3230

How to buy Biconomy Exchange Token (BIT) Token. What is it, price and benefits

Biconomy Exchange Token Exchanges

Exchange Market Pairs Buy
MEXC LTC/USDT -
PancakeSwap (V2) LTC/WBNB -
Biconomy Exchange ETC/USDT -
What is Biconomy Token (BIT)?BIT is a decentralized digital asset based on Binance Smart Chain and is BEP20 compliant. The BIT token was created for the benefit of the community, Biconomy has made sure that the community has the most desirable terms and fees when it comes to transferring the token. The value of BIT depends in part on the reputation of cryptocurrency exchange Biconomy, but other factors also have an impact. The reason for the creation of the BIT token was the desire to increase the participation of people in the use of the exchange, to give the international exchange community the right to freely participate in the life of the exchange and its activities and receive bonuses for it. . The BIT token is an example of the currency of the commercial and business economy of the future, where each user will be a decision maker and will vote for those initiatives that are personally beneficial for him, ultimately for the majority. Having its own token allows Biconomy to build a flexible marketing strategy to attract new users and further grow its platform. A key function of the token is to reduce trading fees on the exchange, which are usually paid from users' wallets. However, the token has much more to offer. Using BIT, users can purchase monthly VIP status plans to receive transaction fee discounts. Token holders have the right to vote on trading decisions, can receive cryptocurrency rewards for seasonal buybacks, and even gain early access to special events. BIT holders can, at any time, exchange the token with other cryptocurrencies. What makes Biconomy Token (BIT) unique? We want BIT token holders to benefit directly from the use of the Biconomy exchange, therefore we offer the following BIT token utilities, which will allow it to become a reliable and stable asset. For Biconomy exchange currency transaction fees, 50% will be used to buy back and burn BIT tokens; this will reduce inflation. BIT token holders will have special trading fee conditions on the Biconomy exchange, which will depend on the number of outstanding tokens. Holding BIT tokens provides an opportunity to earn a share of high-quality blockchain projects invested by the Biconomy Foundation, lowering the threshold for users to participate in top-tier investment; Contract section: The corresponding part of the revenue section of the contract will be used to buy back and burn BIT Follow-up plan Use case: BIT will apply to smart chains, DEX, NFT and other potential Biconomy products BIT adopts a deflationary model: each transaction charges a 6% tax, and the entire 6% is transferred to the black hole address for burning 5% will be unlocked one year after being online and the rest will be released in four years. These funds will be used to develop new products on the exchange for more convenient and profitable trading for our users. Marketing promotion: 6% Token without a lock, since the needs of marketing are constant. Funds are spent as needed at the discretion of the exchange team. First Investors: 10% 5% unlocked after 6 months, 5% released after 12 months These tokens are intended for early investors, strategic investors and funds. Liquidity pool: 64% BIT contract: https://bscscan.com/token/0xc864019047b864b6ab609a968ae2725dfaee808a