HIT Token is the foundation of the HitBTC ecosystem. HIT is an ERC20 token with a maximum supply of 2,000,000,000 tokens.
It is designed with incentives set to facilitate the demand for the token through a built-in deflationary mechanism - HIT monthly burns. The launch of the new HIT token is geared towards enhancing the overall users’ trading experience, developing the HitBTC platform, and growing its community. Holders of HIT are granted exclusive benefits including up to 45% discounts on trading fees, low commissions for HIT trading pairs. With a growth of the platform, HIT will extend the utility within the HitBTC ecosystem, offering a lower margin interest, higher leverage limits on margin trading, HIT as collateral for margin and futures trading.
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It is designed with incentives set to facilitate the demand for the token through a built-in deflationary mechanism - HIT monthly burns. The launch of the new HIT token is geared towards enhancing the overall users’ trading experience, developing the HitBTC platform, and growing its community. Holders of HIT are granted exclusive benefits including up to 45% discounts on trading fees, low commissions for HIT trading pairs. With a growth of the platform, HIT will extend the utility within the HitBTC ecosystem, offering a lower margin interest, higher leverage limits on margin trading, HIT as collateral for margin and futures trading.
Found more on this page.