Pitbull Token is a decentralized crypto community project. In this article, as Kriptokoin.com, “What is a Pitbull?” We will answer the question. In addition, we will touch on other questions about the project.
What is Pitbull? What Does It Do?
Pitbull Token is a decentralized crypto community project. Listed on the Binance Smart Chain (BSC) ecosystem on March 17, 2021, Pitbull (PIT) Token is a fully community-driven project that has passed security audits and proven to be no security risk.
What is PIT Coin?
PIT coin is Pitbull’s native token. Cryptocurrency is a self-determined token with ownership given to its community from its first creation.
How Pitbull Works
Launched on March 17, 2021, the Pitbull project has been built and developed by the community since its inception. The Pitbull Community is working on this with a long-term vision that highlights the success of the currency and the potentials for future integrations as the project progresses.
Half of the total supply of PIT Tokens with a total supply of 100,000,000,000,000 (100 Quadrillion) has been burned. To reduce the remaining supply and increase the value of the Pitbull Token, 4% is deducted from each transaction. While half of this 4% cut is burned automatically; the remaining half is distributed as a reward to investors holding Pitbull (PIT) Tokens. In other words, it offers a kind of automatic staking to Pitbull Token’s investors.
All developers of Pitbull Token, which are not pre-sales in any way and adhere to the principle of fairness, are volunteers. In other words, Pitbull Token has no owner, developer or paid team. Therefore, the entire Pitbull (PIT) Token supply in circulation belongs to the investor community.
Pitbull Token has a donation wallet in the name of the community as it has no developer team. This community wallet is protected by multi-signature technology. Therefore, it is necessary to obtain the majority of signatures from the community content for all transactions to be made from the wallet.
Pitbull Token community, which takes care to be transparent as much as it tries to be fair, transparently shares all its expenditures and incomes with its investors, namely its community. There are also numerous donations made so far by the Pitbull Token community.
Pitbull Token’s strategic partners include Pig Finance (PIG Token), Friction Finance (TAO Token) and UniTracker. In addition, Pitbull Token has ambitious projects such as Pit Tracker, Pit Charts, Pit Farm, Pit Swap, Pit Store, Pit Stop, Pit Fund, Pit Games, Pit Lottery.
What is Pitbull? How to Get PIT Coins?
Pitbull is currently traded on a small number of cryptocurrency exchanges. People who want to invest in the project should open an account in one of the exchanges where the project is traded. The exchanges where Pitbull is traded are listed as follows: OKX, Bitget, MEXC, CoinTiger. Users who want to invest in the project should open an account on one of these exchanges.
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