BIT is a decentralized digital asset based on binance intelligent chain, which conforms to BEP20 standard. BIT tokens are created for the benefit of the community, and Biconomy ensures that the community has the most desirable terms and commissions when transferring tokens.

BIT's value depends in part on the reputation of the Biconomy cryptocurrency exchange, but other factors also come into play. The idea behind the CREATION of the BIT token was to increase participation in the use of the exchange and to empower the international community of exchanges to participate freely in the life and activities of the exchange and to receive bonuses for doing so. BIT tokens are an example of a future corporate and corporate economic currency, in which each user will become the decision maker and vote for those initiatives that benefit him personally -- ultimately voting for the majority. Having its own token allows Biconomy to build a flexible marketing strategy to attract new users and further grow its platform. A key function of the tokens is to reduce commissions for exchange trading operations, which are typically paid out of users' wallets. However, this token has more to offer. With BIT, users can purchase a monthly VIP status plan to get a discount on transaction fees. Token holders have the right to vote on exchange decisions, receive crypto rewards for seasonal buybacks, and get early access to special events. BIT holders can swap their tokens for other cryptocurrencies at any time. You can also attend special events early. BIT holders can swap their tokens for other cryptocurrencies at any time. You can also attend special events early. BIT holders can swap their tokens for other cryptocurrencies at any time.