icon - Biconomy Exchange Token
BIT Biconomy Exchange Token
+ 9.23%
$ 0.0000059
Rank
Name
Price
CAP
Volume 24h
Circulating supply
Change 24h
Graph (7d)
  • -
    Biconomy Exchange Token
    $ 0.0000059
    -
    $ 582,893
    0 BIT
    + 9.23%

Biconomy Exchange Token. Price of cryptocurrency: $ 0.0000059

What is Biconomy token? Biconomy ensured that the community has the most desirable terms and commissions when it comes to transferring the BIT token.
The value of BIT is dependent on the reputation of the Biconomy exchange and other factors. The BIT token is an example of the currency of the economy of companies and enterprises of the future, in which each user will be a decision-maker and vote for the initiatives that are beneficial to him personally, in the end of the majority. Biconomy can use its own token to build a flexible marketing strategy in order to attract new users. Commissions for trading operations on the exchange are usually paid from users' wallet, which is one of the main functions of the token. The token has a lot more to offer. Users can get discounts on transaction fees when they purchase monthly plans with BIT. token holders have the right to vote on exchange decisions, can receive rewards for seasonal buys, and get early access to special events.
Biconomy token is unique. We want BIT token holders to have direct benefits from working with Biconomy exchange, therefore we offer the following utilities of the BIT token, which will allow it to become a reliable and stable asset.
50% of Biconomy exchange's currency transaction fees will be used to burn BIT token.
The Biconomy exchange has special trading commission conditions forBIT token holders, which will depend on the number of token on hold.
The opportunity to get the share of high-quality projects invested by the Biconomy Foundation can be obtained by holding BIT token.
The contract section. The income from the contract section will be used to burn BIT.
The follow-up plan use case will apply BIT to smart chain, DEX, NFT and other potential products of Biconomy.
Each transaction charges a 6% tax, and all of the tax is transferred to the black hole address for burning.
There is aBIT tokenomics. There is a total issuance of 1,000 billion BIT Tokens.
20% of the team is technical. 5% will be unlocked one year after going online, and the rest will be unlocked in four years. New products will be developed on the exchange for more comfortable and profitable trading.
There is a marketing promotion of 6 percent. The marketing needs are constant so there is no lock.
10% of investors are early investors. After 6 months, 5% is unlocked. 5% is unlocked after a year. These are intended for investors.
There is a liquidity pool of 64%.
The BIT contract can be found onbscscan.com.