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What is Txbit Token?
Txbit Token is the native utility token of the Txbit Exchange platform that can be used for Community Coin Voting.
What is the current supply of Txbit Token?
The total supply of Txbit Token is limited to 2,000,000,000 tokens, with an excellent burning schedule that lowers the total supply by 50% over the course of 5 years.
How does the burning schedule work?
Over the course of 5 years, we will burn 50% of the initial supply. Every quarter we will burn 3% of the initial supply until we have burned a total of 50% (1,000,000,000 TXBIT).
Effectively 50,000,000 Txbit Tokens every quarter = 200,000,000 TXBIT each year.
After the first year = supply 1,800,000,000 TXBIT. After the second year = supply 1,600,000,000 TXBIT. After the third year = supply 1,400,000,000 TXBIT. After the fourth year = supply 1,200,000,000 TXBIT. After the fifth year = supply 1,000,000,000 TXBIT.
After the fifth year, the Txbit Burn program will automatically end.
Where Can I Buy Txbit Token (TXBIT)?
Txbit Token is available for trading on a growing number of exchanges, with cryptocurrency and stablecoin pairs currently available.
Txbit Exchange, PancakeSwap
New to cryptocurrency? Read BYDFis easy guide to buying Bitcoin or any other token.
About Txbit Exchange
Our interface is designed to be familiar to seasoned trading veterans, while staying simple and logical to newcomers.
- A modern and intuitive interface enables you to focus on trading and managing your portfolio.
- Txbit Exchange is a fully responsive web application. Desktop and mobile experience stays the same.
- Day / Night mode available at a click of a switch.
Txbit Exchange employs the most modern and reliable security technologies available today. We leverage a multi-tiered architecture and store over 90% of funds in Cold Storage wallets in an institutional-grade Safe Deposit box facility.
Our custom-built deposit and withdrawal service works in real-time. A withdrawal is sent as soon as you confirm it by email, and incoming deposits are visible as soon as they enter the memory pool of the blockchain.
Our highly efficient trading engine is capable of supporting thousands of trades per second while remaining scalable to ensure real-time order execution under heavy loads.
Transparency is paramount in today's cryptocurrency industry, and Txbit leads the way with publicly available tools for our users.
- Our System Status page provides health statistics for each wallet.
- We show the balance sheet for each currency, including how much is in Hot wallets and Cold storage.
- We provide details and information about each listed coin or token.
Answers
What is Txbit Token?
Txbit Token is the native utility token of the Txbit Exchange platform that can be used for Community Coin Voting.
What is the current supply of Txbit Token?
The total supply of Txbit Token is limited to 2,000,000,000 tokens, with an excellent burning schedule that lowers the total supply by 50% over the course of 5 years.
How does the burning schedule work?
Over the course of 5 years, we will burn 50% of the initial supply. Every quarter we will burn 3% of the initial supply until we have burned a total of 50% (1,000,000,000 TXBIT).
Effectively 50,000,000 Txbit Tokens every quarter = 200,000,000 TXBIT each year.
After first year = supply 1,800,000,000 TXBITAfter second year = supply 1,600,000,000 TXBITAfter third year = supply 1,400,000,000 TXBITAfter fourth year = supply 1,200,000,000 TXBITAfter fifth year = supply 1,000,000,000 TXBIT
After the fifth year, the Txbit Burn program will automatically end.
Where Can I Buy Txbit Token (TXBIT)?
Txbit Token is available for trading on a growing number of exchanges, with cryptocurrency and stablecoin pairs currently available.
Txbit ExchangePancakeSwap
New to cryptocurrency? Read BYDFis easy guide to buying Bitcoin or any other token.
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Popular Q&A
- Can you explain the measures taken by txbit exchange to ensure the security of digital assets during transactions? How does txbit protect users' funds and prevent unauthorized access?2021-12-01
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