What is Pitbull (PIT) Coin? - Coinleaks
Current Date:September 21, 2024

What is Pitbull (PIT) Coin?

Pitbull Coin is a decentralized crypto community project. Introduced with the Binance Smart Chain (BSC) ecosystem on March 17, 2021, Pitbull Coin (PIT) is a project that is completely dependent on the community and has no central control, according to the promotions. Its native token is PIT Coin.

Pitbull Coin; It has emerged as a result of the joint efforts of people from many different and many sectors such as writers, translators, software developers, musicians, analysts, website creators and graphic designers. It continues to develop in the same way. PIT Coin is also part of the dog trend that started with Dogecoin and continued with SHIB.

Half of the total supply of PIT Coins, whose total supply is $100 quadrillion, has been burned. To reduce the remaining supply and increase the value of Pitbull Coin, 4% is deducted from each transaction. While half of this 4% cut is automatically burned; the remaining half is distributed as a reward to investors who own Pitbull (PIT) Coins. It offers automatic staking to Pitbull Coin’s investors.

There are 8 different projects initiated by the Pitbull Coin (PIT) team. Let’s examine these:

  • PITSTORE: Items with the Pıtbull Coin logo will be sold through the online store and funds will be provided for the project. This idea has not been implemented yet, if the community grows as they aim, they are hoping for serious profits from it.
  • PITFARM: Another goal written in their roadmap is that users produce PIT by mining, they published this.
  • PITLOTTERY: Lottery events that users with Pitbull Coin (PIT) can participate in will be held on this system. For this reason, it is said that the design processes are not finished yet.
  • PITGAMES: Some games will be made available to the community through this platform and will bring profit and popularity to their ecosystem. This idea, which is still in the design phase, has not been implemented.

The advantages of Pitbull Coin are as follows:

  • It has a system that grows day by day with the participation and contributions of people from different parts of the world and from different sectors.
  • It is a system in which there is no central control at all.
  • It has an approved system in terms of reliability.
  • Buying and selling transactions are easily done on most cryptocurrency exchanges.
  • It transparently shares the donations made on its website.
  • Pitbull coin users also earn income by giving them a certain portion of the transaction fees received by the system as a reward.

You can buy Pitbull Coin through exchanges that offer community-affiliated projects such as Gate.io, MEXC, OKX, PancakeSwap, CoinEx.