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Welcome the HIT -
the exchange token powered by HitBTC
HIT is the utility token of the largest spot trading exchange in the industry with over 800 trading pairs and 400+ spot instruments.
We have created HIT to provide you seamless HitBTC experience and exclusive benefits for our upcoming products.
Trading Fees Discount
HIT gives fee discounts to holders. You can find the current fee structure here. The trading fee both for spot and for margin trades is discounted based on your HIT holdings amount:
3% OFF
Token holdings:
For Tier 1, 2
500
For Tier 3-10
5% OFF
Token holdings:
For Tier 1, 2
5,000
For Tier 3-10
50,000
10% OFF
Token holdings:
For Tier 1, 2
50,000
For Tier 3-10
15% OFF
Token holdings:
For Tier 1, 2
250,000
For Tier 3-10
250,000
20% OFF
Token holdings:
For Tier 1, 2
500,000
For Tier 3-10
500,000
25% OFF
Token holdings:
For Tier 1, 2
1,000,000
For Tier 3-10
30% OFF
Token holdings:
For Tier 1, 2
4,000,000
For Tier 3-10
1,000,000
35% OFF
Token holdings:
For Tier 1, 2
8,000,000
For Tier 3-10
4,000,000
40% OFF
Token holdings:
For Tier 1, 2
16,000,000
For Tier 3-10
8,000,000
45% OFF
Token holdings:
For Tier 1, 2
For Tier 3-10
16,000,000
*HIT holdings cannot decrease taker fees below 0.02%
Margin Interest Upcoming
Get lower margin interest for holding HIT Token on your account.
Trading Fees Discount Per Pair
Get a low trading fee for the HIT pairs regardless of your trading volumes or HIT holdings
100% OFF

Maker and Taker Fee

1st Week
50% OFF

Maker and Taker Fee

1st Month
25% OFF

Maker and Taker Fee

Afterward
* This discount is implemented automatically to all pairs featuring HitBTC token and does not sum up with other HIT token benefits.
Margin Position Leverage Upcoming
Enjoy an increased margin leverage when holding HitBTC token.
Future Development

HIT Token will become the foundation of the HitBTC ecosystem, driving its value through delivering new high demanded features and proposing further benefits for the holders including:

  • HIT as collateral for margin and futures trading
  • Higher Affiliation program rebates
  • Decreased fees for the futures contracts
  • Higher Staking rewards
  • Governance right on future token listings
Emission / Allocation
30%
600M. Public Sale
20%
400M. Founding Team
50%
1Bn. Development of the HitBTC ecosystem
HitBTC Token Emission
Total amount - 2,000,000,000
Token price - 0.20 USD
Destruction

Token ecosystem that rises in demand and value over time.


HitBTC exchange will spend from 20% and more* of the exchange's monthly trading commission revenue to buy back HIT and burn them on a monthly basis. The mechanism of destroying HIT every month will reduce HIT circulation until there are only 1Bn HIT tokens left.

*Overall not more than 50% of total emission
from 20%

and up of trading commission revenue will be spent monthly to purchase and destroy tokens

50%

of total supply will be burned

Legal Restrictions

HitBTC Token is not in any way an analog of shares (direct or indirect), legal claims, interests, participation interests, legal titles, or liabilities in relation to the HitBTC Exchange its affiliates, or any other enterprise, institution, or company. HitBTC Token does not entitle its owners to any promises of unconditional income, dividends, payment, investment income or profits, and isn’t intended to secure the issue of securities in any jurisdiction.

Subject to the terms of the issuance, HitBTC Token:

  • IS NOT refundable and cannot be traded for cash by HitBTC Exchange or any HitBTC affiliate;
  • DOES NOT imply any rights under a contract for differences or any other contract whose goal or intended goal is to make a profit or prevent a loss;
  • IS NEITHER a loan to the HitBTC Exchange or any of its affiliates, neither a debt of the HitBTC Exchange or any of its affiliates;
  • DOES NOT represent securities, commodities, money (incl. digital money), debentures, bonds, or any other type of investment or financial instrument;
  • DOES NOT represent or grant the token holder any rights in any way in relation to the HitBTC Exchange (or any of its affiliates), or their assets or revenues, including, with no limitation, any right to collect revenues, dividends, ownership or interest, distribution, security, voting, liquidation, redemption, or property (incl. intellectual property or license rights in all forms), or other legal, financial or equivalent rights, or any other forms of participation in or with respect to the HitBTC Exchange;
  • Other than the right to use HitBTC Token as an instrument to interact on the HitBTC Exchange, ownership of HitBTC Token confers no other privileges, implied or express. The HitBTC Token may also serve as an incentive for users to participate in the HitBTC ecosystem.
Terms of Participation

All registered users of the HitBTC Exchange who are 18 years or older will be given access to public HitBTC Token sales if they meet the following criteria:

  • The user is not located in, nor is a citizen or resident of, any restricted jurisdiction mentioned below;
  • The user has not previously been restricted or banned from using HitBTC services.
Jurisdiction Restrictions

Users of the HitBTC Exchange are prohibited from participating in public sales if they:

  • Are U.S. citizens or residents, or a legal entity in which a U.S. citizen or resident has a 10% or greater participation interest;
  • Are tax residents, residents, and/or citizens of one of the following jurisdictions: Algeria, Albania, Afghanistan, Australia, Bangladesh, Bahamas, Bosnia and Herzegovina, Botswana, Bolivia, Burundi, Canada, Cambodia, Central African Republic, People's Republic of China, Cuba, the Democratic Republic of the Congo, Cote d'Ivoire, Ethiopia, Ecuador, Guinea, Ghana, Guinea-Bissau, Indonesia, Iceland, India, Iraq, Iran, Japan, Hong Kong, Kyrgyzstan, Kosovo, Lebanon, Laos, Libya, Liberia, Mali, Malawi, Morocco, Malaysia, Myanmar (Burma), Mozambique, Nepal, Namibia, North Korea, New Zealand, Republic of Macedonia (FYROM), Pakistan, Somalia, Sudan, Serbia, South Korea, South Sudan, Sri Lanka, Syria, Thailand, Tanzania, Trinidad and Tobago, Timor-Leste (East Timor), Turkmenistan, Tunisia, Uzbekistan, the United States of America (including all of its territories), Uganda, Venezuela, Vanuatu, Vietnam, Zimbabwe, or Yemen;
  • Are on the U.S. Department of Commerce's Prohibited List;
  • Are residents, citizens, and/or tax residents of one of the countries or territories where cryptocurrencies are banned or have no legal status, or where users are unable to participate in public sales due to various tax and regulatory issues;
  • Are designated as "Special Category Person" by the Office of Foreign Assets Control, or are otherwise included in Sanctions Lists in any jurisdiction;
  • Are tax residents, residents, or nationals, of any FATF blacklisted country;
  • Are on economic or trade sanctions lists, such as the UN Security Council Consolidated List;
  • If participation in any bidding is prohibited or restricted by the Office of Foreign Assets Control, the Hong Kong Monetary Authority, the Hong Kong Customs and Excise Department, the European Union, or any other administrative law enforcement agency.

Public sales participation will also be prohibited for users who:

  • Reside in any other jurisdiction in which HitBTC, has prohibited participation in the public sales at its sole discretion, or are tax residents or citizens of such jurisdictions;
  • Are citizens or residents of any state, country, territory, or other jurisdiction that is subject to comprehensive, geographically targeted sanctions by the UN, the Monetary Authority of Singapore, or OFAC, or that is classified as a "call to action" jurisdiction in the Financial Action Task Force's list of high-risk jurisdictions and other monitored jurisdictions, and/or subject to U.S. embargoes;
  • Reside in, or are citizens or tax residents of, any state, province, territory, or other jurisdiction where participation in the public sales would be illegal or otherwise in violation of any applicable law.