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Biconomy Exchange Token

Biconomy Exchange Token BIT Price $ 0.00...545

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CeFi

BIT Price

0.00...545
0.15%
(-$ 0.00...803)
Price Range
LowHigh
$ 0.00...525$ 0.00...556

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Token

Description

BIT is the native token of the cryptocurrency exchange Biconomy.com

Biconomy Exchange Token (BIT) Chart

The Biconomy Exchange Token to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

BIT to USD Converter

Biconomy Exchange Token (BIT)BIT

BIT Price Statistics

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Market Cap

$ 2.04M

FDV

$ 5.45M

ATH Market Cap

$ 144.67M

24 Trade Vol.

$ 4.68K


Vol. (24h) / MCap

0.00229

Max Supply

BIT 1,000,000,000,000

Total Supply

BIT 1,000,000,000,000

Circulating Supply

BIT 375.13B

(37.5% of Max Supply)

Listing Date

7 Sep 2021

All Time High

$ 0.000279

23 Oct 2021


All Time Low

$ 0.00...283

16 Nov 2023


From ATH

98%

From ATL

92.5%

Biconomy Exchange Token Price Analysis

What is Biconomy Exchange Token (BIT)?

BIT is a decentralized digital asset based on the Binance Smart Chain and is BEP20 compliant. The BIT Token is created for the benefit of the community, Biconomy ensured that the community has the most desirable terms and commissions when it comes to transferring the token.

BIT’s value is in part reliant upon the reputation of the Biconomy crypto exchange, yet other factors also have an impact. The reason for the creation of the BIT token was the desire to increase the involvement of people in using the exchange, to give the international community of the exchange the right to freely participate in the life of the exchange and its activities, and to receive bonuses for this.

One key function of the token is to reduce commissions for trading operations on the exchange, which are usually paid from users' wallets. Yet the token has much more to offer. Using BIT, users can purchase monthly VIP-status plans to receive discounts on transaction fees. Token holders have the right to vote on exchange decisions, can receive crypto rewards for seasonal buybacks, and also get early access to special events. BIT holders can, at any point, trade the token for other cryptocurrencies.

Key features of the Biconomy Token:

  • 50% from transaction operation fees 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 will be applied to smart chain, DEX, NFT, and other potential products of Biconomy
  • BIT adopts a deflationary model: each transaction charges a 6% tax, 4% of tokens are burned, and 2% is allocated to the wallet with currency
  • Corresponding part of the income from the Contract section ( launch Q4, 2021 ) will be used to repurchase and burn BIT.

Biconomy Exchange Token Price Today

Biconomy Exchange Token's current price is $ 0.00...545, it has dropped -0.15% over the past 24 hours.

Biconomy Exchange Token's All Time High (ATH) of $ 0.000279 was reached on 23 Oct 2021, and is currently -98% down.

The current circulating supply of Biconomy Exchange Token is 375.13 Billions tokens, and the maximum supply of Biconomy Exchange Token is 1.00 Trillion.

Biconomy Exchange Token’s 24 hour trading volume is $ 4.68 Thousands.

Biconomy Exchange Token's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 2.04 Million.

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