Txbit Token on BNB Chain

Introducing Txbit Token (TXBIT): A New Arrival on the BNB Chain

Welcome to the detailed profile of Txbit Token (TXBIT), the latest addition to the BNB Chain. As an exciting new cryptocurrency token, Txbit Token (TXBIT) was launched with the intent to join the thriving BNB Chain ecosystem.

This token operates on the BNB Chain, an infrastructure that supports the creation and execution of decentralized applications (dApps) and allows users to transact in digital currencies seamlessly and securely.

At NewCoinHub, we provide up-to-date and comprehensive data about Txbit Token (TXBIT) including its current price, trading volume, liquidity status, and the number of holders. We also supply the official smart contract address, crucial for those interested in further exploration or investment.

Please note that the world of cryptocurrency can be volatile and unpredictable. We encourage all visitors to perform their own due diligence and research when considering investments. For the most accurate and recent data, continue to refer to this page, as we strive to update our information in real-time.

Read on to learn more about Txbit Token (TXBIT) and find answers to some frequently asked questions.

Token description

## What is Txbit Token? Txbit Token is the native utility token of the Txbit Exchange platform that can be used for Community Coin Voting. ## What is the current supply of Txbit Token? The total supply of Txbit Token is limited to 2,000,000,000 tokens, with an excellent burning schedule that lowers the total supply by 50% over the course of 5 years. ## How does the burning schedule work? Over the course of 5 years, we will burn 50% of the initial supply. Every quarter we will burn 3% of the initial supply until we have burned a total of 50% (1,000,000,000 TXBIT). Effectively 50,000,000 Txbit Tokens every quarter = 200,000,000 TXBIT each year. After first year = supply 1,800,000,000 TXBIT After second year = supply 1,600,000,000 TXBIT After third year = supply 1,400,000,000 TXBIT After fourth year = supply 1,200,000,000 TXBIT After fifth year = supply 1,000,000,000 TXBIT After the fifth year, the Txbit Burn program will automatically end. ### Where Can I Buy Txbit Token (TXBIT)? Txbit Token is available for trading on a growing number of exchanges, with cryptocurrency and [stablecoin](https://coinmarketcap.com/alexandria/article/what-is-a-stablecoin) pairs currently available. [Txbit Exchange](https://coinmarketcap.com/exchanges/txbit/) [PancakeSwap](https://coinmarketcap.com/exchanges/pancakeswap/) New to cryptocurrency? Read CoinMarketCap’s [easy guide](https://coinmarketcap.com/how-to-buy-bitcoin/) to buying Bitcoin or any other token. ## About Txbit Exchange Our interface is designed to be familiar to seasoned trading veterans, while staying simple and logical to newcomers. * A modern and intuitive interface enables you to focus on trading and managing your portfolio. * Txbit Exchange is a fully responsive web application. Desktop and mobile experience stays the same. * Day / Night mode available at a click of a switch. Txbit Exchange employs the most modern and reliable security technologies available today. We leverage a multi-tiered architecture and store over 90% of funds in Cold Storage wallets in a institutional grade Safe Deposit box facility. Our custom built deposit and withdrawal service works in real time. A withdrawal is sent as soon as you confirm it by email, and incoming deposits are visible as soon as they enter the memory pool of the blockchain. Our highly efficient trading engine is capable of supporting thousands of trades per second, while remaining scalable to ensure real-time order execution under heavy loads. Transparency is paramount in today's crypto currency industry, and Txbit leads the way with publicly available tools for our users. * Our System Status page provides health statistics for each wallet. * We show the balance sheet for each currency, including how much is in Hot wallets and Cold storage. * We provide details and information about each listed coin or token.