Article Summary, Automatically Generated By AI
Summary of HitBTC Token
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Token Details:
- Type: ERC20 token
- Maximum supply: 2,000,000,000 tokens
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Deflationary Mechanism:
- HIT monthly burns
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Benefits for HIT Holders:
- Up to 45% discounts on trading fees
- Low commissions for HIT trading pairs
- Lower margin interest
- Higher leverage limits on margin trading
- HIT as collateral
Introducing the HitBTC Token: A New Era in Cryptocurrency Trading
The HIT Token serves as the cornerstone of the HitBTC ecosystem. As an ERC20 token, HIT boasts a capped supply of 2,000,000,000 tokens. Its design incorporates incentives that stimulate demand through a built-in deflationary mechanism, wherein HIT tokens are burned on a monthly basis. The introduction of the new HIT token is aimed at elevating the overall trading experience, driving the development of the HitBTC platform, and fostering a thriving community. HIT holders are entitled to a range of exclusive benefits, including discounts of up to 45% on trading fees and reduced commissions for HIT trading pairs. As the platform continues to grow, HIT will expand its utility within the HitBTC ecosystem, offering advantages such as lower margin interest rates, higher leverage limits on margin trading, and the use of HIT as collateral for margin and futures trading. Learn more on this page.