Where to buy Bitnet IO (BIT) cryptocurrency
The Bitnet IO crypto is difficult to find, owing to the shortage of cryptocurrency exchanges that offer it. The 2 trading platforms propose three pairs: BIT/BTC, BITN/KMD and BIT/USDT. More information, including market cap, fees and instructions read below.
Where to buy Bitnet IO
Step 1You need an account with a cryptocurrency exchange that supports Bitnet IO token. All of them provided on our site. Register it, if you don't already have it or login with your credentials.
Exchanges
| Name | Fee | Trust | DeFi | Volume | |
|---|---|---|---|---|---|
|
XeggeX | ?? / ?? | HIGH | Yes | $68 |
|
Komodo Wallet | ?? / ?? | LOW | No | $0 |
Purchase or transfer with peer-to-peer trading one of this coins: BTC, USDT or KMD.
Step 3Open spot trading on trading platform and type the coin name in search line. Choose between available trading pairs, then set order and push Buy BIT button.
Congratulations!
After you click buy, the Bit will be available on your account on the exchange. Please be advised that only transferring your coins from crypto exchange to separate wallet like Trezor or Ledger, you help better protect your purchase. Not only does this reduce your risk if your crypto exchange gets cracked, but if you transfer a “cold,” or offline, wallet, your Bitnet IO cryptocurrency turn into secure assets. Only downside is, usually have to pay a small withdrawal fee to transfer your coins off of the exchange.
What is Bitnet IO
Bitnet is a decentralized, open-source blockchain that utilizes the Proof of Work (PoW) consensus algorithm and the DarkGravityWave (DGW) difficulty adjustment mechanism. With a block time of approximately 3.5 minutes, Bitnet provides a fast and efficient transaction process.
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Statistics and Externals
Term of hashing algorithms not applicable to Bitnet IO cryptocurrency.
Price and supply
The current total supply is 1.5 billion, with a circulating supply of 0 BIT as of Nov 2024. The total number of coins that can ever be minted infinite.
The Bit token price is $0.00003278 as of 09:10 AM. The price was declined on 0% over the past 24 hours. The recent price action left the token's market capitalization at 49 thousands USD. So far last 30 days, the Bit token was dropped on 0%.
FAQ
What cryptocurrency exchange can I buy Bitnet IO cryptocurrency?
Bitnet IO token can be purchased from 2 trading platforms. The list includes: Komodo Wallet and XeggeX.
Is Bit cryptocurrency a good investment?
The Bitnet IO token is a risky asset that can lost value. Because of high volatility of all crypto industry you should consider: learn the risks before you start trading, you can lose all of your invested funds and unexpected changes in market can lead to sharp and sudden moves in price. Aside from that investing in crypto assets is potentially extremely profitable.
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About the author
Qayyum Rajan, CFA is a fintech entrepreneur with multiple exits. He started his startup and blockchain career in 2017 building software to automate securities issuance on Ethereum, and never stopped building.
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