Official announcements

HitBTC Token (HIT) Token Burn Update - October 2021

HitBTC Team

• 1 min read
HitBTC Token (HIT) Token Burn Update - October 2021
HIT Token Burn

In October we burned a total of 26,623,393 HIT tokens (about 9.9 million USDT). The overall supply of HIT has officially decreased from 2,000,000,000 HIT to 1,896,484,226.06 HIT as a result of this recent burn.

Transaction Link: https://etherscan.io/tx/0x2142d6554222a71c449d84b9a5306bc40dcc74ddacbcc7335d2c14734c6d3c72

HIT token, is the foundation of the HitBTC ecosystem and is used to provide incentives and rewards to our traders and active members in our community.

Find out more about the HIT Token here.

For more information about the HIT Token read our frequently asked questions here.