Crypto Exchange HitBTC Launches Functional Token HIT

According to Finance Magnates on June 16, cryptocurrency exchange HitBTC announced on Tuesday the official launch of its native functional token HIT built in the HitBTC ecosystem. the maximum supply of the token is 2 billion, with 30% to be sold publicly, 20% allocated to the founding team and 50% to the development of the HitBTC ecosystem. In addition, HitBTC will spend at least 20% of its monthly transaction fee revenue to repurchase tokens, which will then be destroyed each month.

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