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BIT

Biconomy Exchange TokenBIT

Rank #2770
Token
On 519,328 watchlists

Biconomy Exchange Token Price (BIT)

$0.0001901
55.63%

0.000000003104 BTC60.49%

0.00000004703 ETH59.82%

Low:$0.0001373
High:$0.0001901
24h
BIT  Biconomy Exchange Token BIT
Price:
$0.0001901
 55.63%
Market Cap
$1,584,583,073
0.00%
Fully Diluted Market Cap
$190,069,355
55.63%
Volume
24h
$7,017,836
125.66%
Volume / Market Cap
0.004429
Self Reported Circulating Supply
8,336.87B BIT
Max Supply
1,000,000,000,000
Total Supply
--
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Biconomy Exchange Token to USD Chart

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BIT Price Live Data

The live Biconomy Exchange Token price today is $0.000190 USD with a 24-hour trading volume of $7,017,836 USD. We update our BIT to USD price in real-time. Biconomy Exchange Token is up 55.63% in the last 24 hours. The current CoinMarketCap ranking is #2770, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,000,000,000,000 BIT coins.

What Is Biconomy 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. 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 those initiatives that are beneficial to him personally - in the end to the majority. Having its own token allows Biconomy to build a flexible marketing strategy in order to attract new users and further grow its platform. 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.

What Makes Biconomy Token (BIT) 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.

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 the 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

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.

BIT Tokenomics

Total BIT issuance: 1,000 billion BIT Tokens

Technical team: 20% 5% will be unlocked one year after going online, and the rest will be released in four years. These funds will be used to develop new products on the exchange for more comfortable and profitable trading for our users.

Marketing promotion: 6% Tokens without a lock, since the marketing needs are constant. Funds are spent as needed at the discretion of the exchange team.

Early investors: 10% 5% unlocked after 6 months, 5% unlocked after 12 months These tokens are intended for early investors, strategic investors and funds.

Liquidity pool: 64%

BIT contract: https://bscscan.com/token/0xc864019047b864b6ab609a968ae2725dfaee808a

BIT to USD Converter

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BIT

Biconomy Exchange Token

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USD

United States Dollar

BIT Price Statistics

Biconomy Exchange Token Price Today
Biconomy Exchange Token Price$0.0001901
Price Change24h$0.00006794
55.63%
24h Low / 24h High
$0.0001373 /
$0.0001901
Trading Volume24h$7,017,836.35
125.66%
Volume / Market Cap0.004429
Market Dominance0.06%
Market Rank#2770
Biconomy Exchange Token Market Cap
Market Cap$1,584,583,072.87
Fully Diluted Market Cap$190,069,354.62
55.63%
Biconomy Exchange Token Price Yesterday
Yesterday's Low / High
$0.0001029 /
$0.0001809
Yesterday's Open / Close
$0.000105 /
$0.0001651
Yesterday's Change

57.29%

Yesterday's Volume$8,782,280.98
Biconomy Exchange Token Price History
7d Low / 7d High
$0.00004325 /
$0.0001901
30d Low / 30d High
$0.00001338 /
$0.0001901
90d Low / 90d High
$0.00000066 /
$0.0001901
52 Week Low / 52 Week High
$0.00000066 /
$0.0001901
All Time High
Oct 23, 2021 (3 minutes ago)
$0.0001901
All Time Low
Sep 06, 2021 (2 months ago)
$0.00000066
28698.39%
Biconomy Exchange Token ROI
No Data
Biconomy Exchange Token Supply
Circulating Supply8,336,867,750,404 BIT
Total SupplyNo Data
Max Supply1,000,000,000,000 BIT