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Biconomy Exchange Token
BIT

$0.0(5)51
Market Cap
+100.00% -
Fully diluted market cap
$5,132,631
Circulating supply
-
Total supply
0 BIT
Max. supply
0 BIT
Volume 24h
-1.10% $534,077
Volume/Market cap (24h)
+100.00%

Official Links

Ratings

Average ratings from the community
4.5
100 Ratings
Average ratings from the community
This content is for informational purposes only

logo
Biconomy Exchange Token
BIT

$0.0(5)51
1D
7D
1M
3M
1Y
ALL
Market Cap
+100.00% -
Fully diluted market cap
$5,132,631
Circulating supply
-
Total supply
0 BIT
Max. supply
0 BIT
Volume 24h
-1.10% $534,077
Volume/Market cap (24h)
+100.00%

BIT Price Calculator

BIT
USD
1 BIT equals $0.0(5)51 United States Dollar
Last updated 2024/11/13 18:00:23 (UTC)

Official Links

Ratings

Average ratings from the community
4.5
100 Ratings
Average ratings from the community
This content is for informational purposes only

BIT Market

BIT Market Stats

24h Low & High
Lowest Price
$0.0(5)48
Highest Price
$0.0(5)53
All Time High
$0.0(3)27
Price Change(1h)
+1.29%
Price Change(24h)
+6.67%
Price Change(7d)
-23.78%

BIT Price Live Data

The live price of Biconomy Exchange Token is $0.0(5)51 per (BIT/USD) today with 24-hour trading volume is $534.07K USD. BIT to USD price is updated in real-time. Biconomy Exchange Token is +6.67% in the last 24 hours.

BIT Price Performance

24DAYS
$-0.0(6)18
-3.74%
30DAYS
$0.0(6)81
+19.99%
90DAYS
$0.0(5)19
+67.61%
1YEAR
$0.0(5)15
+47.80%

About 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.
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.

**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:**
The corresponding part of the income from contract section 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, and all 6% is transferred to the black hole address for burning https://bscscan.com/token/0xc864019047b864b6ab609a968ae2725dfaee808a?a=0x0000000000000000000000000000000000000000

# **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

How to buy BIT on an Exchange

Step 1: Choose a Reputable Exchange Platform

Select a trusted platform from among many available options for purchasing BIT. Some reputable platforms includeBybitOKXBinance, and others.

Step 2: Register an Account

Here, we'll register an account on the Gate.io (registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.

Step 3: Complete Identity Verification

For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.

Step 4: Link Bank or Payment Method

Link your bank account or other payment methods to the exchange platform for making payments when purchasing BIT.

Step 5: Purchase BIT

Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of BIT you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy BIT.

Step 6: Store Your BIT

After purchasing, you can choose to store your BIT in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.

Step 7: Security Reminder

To protect your exchange account and BIT assets, be sure to use a strong password and enable two-factor authentication.

BIT Price:Biconomy is a global digital asset trading platform. We take pride in providing fully transparent exchange, listing and digital asset development services.The price fluctuates daily, You can go to the exchange: Gate.io to check the price.

Recommended Similar Coins: VLX、RACA

BIT To Local Currency

Last updated 2024/11/14 00:00:03 (UTC)

How To Buy Biconomy Exchange Token

When it comes to buying crypto, you have a lot of options. Our guide will provide step-by-step instructions on how you can buy Biconomy Exchange Token and help you discover other cryptocurrencies similar to Biconomy Exchange Token.

FAQ

Q
What is the current price of Biconomy Exchange Token?
A
We update our Biconomy Exchange Token to USD price in real-time. Get the live Price of Biconomy Exchange Token on CoinMapAi.
Q
What is the 24 hour trading volume of Biconomy Exchange Token?
A
Over the last 24 hours, the trading volume of Biconomy Exchange Token is $534.07K.
Q
What is the all time high of Biconomy Exchange Token?
A
The all-time high of Biconomy Exchange Token is $0.0(3)27. This all-time high is highest price paid for Biconomy Exchange Token since it was launched.
Q
Where can I buy Biconomy Exchange Token?
A
Biconomy Exchange Token can be purchased on multiple centralized exchanges. Please check our buying guide: buy Biconomy Exchange Token guide.
Cryptocurrency investment activities, including actions done to buy Biconomy Exchange Token online via OKX, are subject to market risk. OKX provides easy and convenient ways for you to buy Biconomy Exchange Token instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Biconomy Exchange Token purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.

CoinMapAi is your gateway to the Web 3 world, serving as a guide to help you quickly familiarize yourself with and enter the world of cryptocurrency.

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