Official announcements

HitBTC Token (HIT) Token Burn Update – January 2022

HitBTC Team

• 1 min read
HitBTC Token (HIT) Token Burn Update – January 2022
HIT Token Burn

In January we burned a total of 27,283,318 HIT tokens (about 7.7 million USDT). The overall supply of HIT has officially decreased from 1,810,969,630.06 HIT to 1,783,686,312.06 HIT as a result of this recent burn.

Transaction Link: https://etherscan.io/tx/0x651523ef7ced370c2238bbeedb17ade75f85ff36c4eca22ce975ddf3259ae45f

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.