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Summary of Txbit Token and Txbit Exchange
Key Points
- Txbit Token is the native utility token of the Txbit Exchange platform.
- Total supply of Txbit Token: 2,000,000,000 tokens.
- Burning schedule: 50% of initial supply (1,000,000,000 TXBIT) over 5 years.
- Quarterly burning: 50,000,000 TXBIT (3% of initial supply).
- Yearly burning: 200,000,000 TXBIT.
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Supply after each year:
- Year 1: 1,800,000,000 TXBIT
Introducing Txbit Token: Empowering the Future of Cryptocurrency Trading
Introducing Txbit Token: A Revolutionary Cryptocurrency
The Txbit Token serves as the native utility token of the Txbit Exchange platform, empowering users to participate in Community Coin Voting.
The Current Circulating Supply of Txbit Token: A Snapshot
The Txbit Token boasts a capped total supply of 2,000,000,000 tokens, complemented by a rigorous burning schedule that will incrementally reduce the total supply by a substantial 50% over a five-year period.
The Mechanics of the Burning Schedule: A Comprehensive Overview
Throughout a five-year period, we will systematically reduce our initial supply by 50%. This incremental burn process will occur quarterly, with 3% of the initial supply being eliminated each quarter, until a cumulative total of 50% (1,000,000,000 TXBIT) is reached.
Notably, a staggering 50,000,000 Txbit Tokens are allocated on a quarterly basis, which translates to a substantial 200,000,000 TXBIT tokens per annum.
Following the inaugural year, the TXBIT supply will amount to 1,800,000,000. In the second year, the supply will decrease to 1,600,000,000 TXBIT. By the third year, the supply will further diminish to 1,400,000,000 TXBIT. This downward trend will continue, with the supply reaching 1,200,000,000 TXBIT in the fourth year and eventually stabilizing at 1,000,000,000 TXBIT by the fifth year.
Following a five-year tenure, the Txbit Burn program will seamlessly cease operations.
Acquiring Txbit Token (TXBIT): A Comprehensive Guide
The Txbit Token has expanded its reach, now accessible for trading on a multitude of exchanges, with an array of cryptocurrency and stablecoin pairing options currently available.
Txbit Exchange: Embracing the PancakeSwap Revolution
New to the world of cryptocurrency? Look no further! CoinMarketCap presents a comprehensive beginner’s guide to purchasing Bitcoin or any other digital token with ease.
About Txbit Exchange
Welcome to Txbit, a cutting-edge cryptocurrency exchange designed to provide a seamless and secure trading experience for users worldwide.
Our intuitive interface seamlessly caters to the needs of seasoned trading professionals, while remaining accessible and easy to navigate for newcomers.
- A sleek and intuitive interface allows you to concentrate on trading and portfolio management with ease.
- Txbit Exchange boasts a fully responsive web application, ensuring a seamless desktop and mobile experience.
- A convenient day/night mode toggle enables effortless switching between the two.
Txbit Exchange boasts cutting-edge security technologies, harnessing a multi-tiered architecture to ensure the utmost protection of assets. Notably, we safeguard over 90% of funds in institutional-grade Cold Storage wallets, securely housed within a state-of-the-art Safe Deposit box facility.
Our bespoke deposit and withdrawal system operates in real-time, ensuring seamless transactions. Upon email confirmation, withdrawals are instantly initiated, while incoming deposits are reflected in real-time, the moment they enter the blockchain’s memory pool.
Our cutting-edge trading engine boasts exceptional processing power, effortlessly handling thousands of trades per second, while maintaining seamless scalability to guarantee instantaneous order execution even under extreme market conditions.
In the realm of cryptocurrency, transparency is paramount, and Txbit is at the forefront, providing users with unfettered access to a suite of publicly available tools.
- Our System Status page furnishes comprehensive health metrics for each wallet, ensuring transparency and real-time insights.
- A detailed balance sheet is provided for each currency, delineating the allocation between Hot wallets and Cold storage, thereby promoting clarity and trust.
- We offer in-depth information and profiles for each listed coin or token, empowering users with knowledge and confidence.