HIT Token serves as the foundation of the HitBTC ecosystem. With a maximum supply of 2,000,000,000 tokens, HIT is an ERC20 token that incorporates a deflationary mechanism through monthly burns to stimulate demand. The introduction of the new HIT token aims to improve users' trading experience, advance the HitBTC platform, and expand its community. Holders of HIT enjoy exclusive benefits such as up to 45% discounts on trading fees and low commissions for HIT trading pairs. As the platform grows, HIT will offer additional utilities within the HitBTC ecosystem, including lower margin interest, higher leverage limits on margin trading, and the ability to use HIT as collateral for margin and futures trading. For more information, please visit this page.