Official announcements

HitBTC Token (HIT) Token Burn Update – June 2022

HitBTC Team

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

In June we burned a total of 43,746,182 HIT tokens (about 5.1 million USDT). The overall supply of HIT has officially decreased from 1, 643, 854, 997.06 HIT to 1, 600, 693, 169.06 HIT as a result of this recent burn.

Transaction Link: https://etherscan.io/tx/0xb830d55ba5298884e4f12a4e9736987e4571fe7c46d2f5ad45c87db3b9185375

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.