With a limited supply of only 50,000,000 only tokens, this is the most exclusive waves token available anywhere in the world.
While there are plans to support them, Bitcoin does not currently support smart contracts. Compatible Wallet - Store Of Wealth
2. Exchanges Wallet
3. Further development wallet/ integration with payment system.
BITX was specifically structured in a way to avoid centralized ownership. At creation, only 1,000,000 tokens will be kept by the ownership team for creation costs. The remaining tokens will be distributed through an exchange, ensuring a diverse base of ownership.
BITX will have faster transaction speeds than Bitcoin. The average block time on Bitcoin is 8 minutes, while on Waves it's 24 seconds.
The average Bitcoin transaction fee typically ranges from $2 to $5, while Waves fees typically range from $0.01 to $0.20 .p
BITX can work with smart contracts on the Waves blockchain. While there are plans to support them, Bitcoin does not currently support smart contracts.
Q: Why BITX are there?
A: There are multiple reasons, firstly Bitcoin has issues with high transaction fees and slow block times, Waves tokens don't have these issues and also have smart contract capability.
Secondly, there is currently no widely accepted tokenized version of Bitcoin on Waves which is pretty surprising.
Thirdly, as BITX grows it will display Waves capabilities and strengthen it's stance among crypto-currencies.
Q: What is this token used for?
A: The primary use is a status symbol and collectable token. If you own one, you're 1 in 10,000,000.
Q: What is your ticker symbol?
Q: Will there be more than 50,000,000 issued?
A: No. This is a fixed supply token and there will only be 50,000,000 ever created.
Q: How many tokens will be held by developers?
A: 1,000,000 tokens will be held by ownership team. This is less than 5% of the total supply.
Review the following before buying BITX or investing in crypto-currencies
1. Buy Bitcoins, BITX or other digital currencies at your own risk.
2. Never invest more finances than you are willing to risk losing.
3. Always make sure you keep a proper backup of digital wallets and private cryptographic keys and documents.
4. BITX or its affiliates are not responsible for off-storage wallets, cryptographic keys, BITX or other items purchased from online exchanges.
Please contact us if you have any questions