{"id":9063,"date":"2023-11-08T06:00:54","date_gmt":"2023-11-08T06:00:54","guid":{"rendered":"https:\/\/www.btse.com\/blog\/?p=9063"},"modified":"2023-11-10T04:25:01","modified_gmt":"2023-11-10T04:25:01","slug":"btse-will-list-the-pit-token-pit-on-the-9th-of-november-2023","status":"publish","type":"post","link":"https:\/\/www.btse.com\/blog\/btse-will-list-the-pit-token-pit-on-the-9th-of-november-2023\/","title":{"rendered":"BTSE Will List Pitbull (PIT) on the 9th of November, 2023"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">BTSE will list the Pitbull (PIT) token on November 9, 2023, making it available for spot trading. Additionally, PIT will be listed on BTSE\u2019s wider ecosystem of 10+ white label crypto exchanges, enabling better liquidity and pricing. Users will be able to trade PIT via the PIT\/USDT and PIT\/USDC trading pairs.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">\u00a0<\/span><\/h3>\n<h2><b>Key Dates<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">1. Deposits enabled: 4:00 PM (Singapore Time) on November 9, 2023 (supported network: BEP-20)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">2. Trading enabled: 4:00 PM (Singapore Time) on November 9, 2023<\/span><\/p>\n<p><span style=\"font-weight: 400;\">3. Withdrawals enabled: 4:00 PM (Singapore Time) on November 10, 2023<\/span><\/p>\n<p>&nbsp;<\/p>\n<h5><b>Pitbull (PIT): The Community-Centric Token<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">At the heart of Pitbull\u2019s ethos is a strong community bond that drives the token&#8217;s success and utility, and the PIT project is a testament to the power of collective investment in the social experiment of cryptocurrency. As a token on the Binance Smart Chain (BSC), Pitbull offers its investors an engaging opportunity to participate directly in the community&#8217;s growth and the project&#8217;s evolution.<\/span><\/p>\n<h5><b>Fuelling\u00a0Growth Through Auto-Staking<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">Investors in Pitbull are automatically enrolled in an auto-staking system, ensuring they receive continuous rewards as a share of the transaction fees generated by the PIT token&#8217;s activity. This mechanism promotes a sustainable investment model where supporting the token directly correlates with receiving passive income.<\/span><\/p>\n<h5><b>The Future of Pitbull<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">The roadmap of Pitbull charts a course across multiple blockchains and innovative projects. Some of the most notable ventures include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Multi-blockchain launch encompassing Ethereum (ETH), Polygon (MATIC), Kucoin (KCS), and Cardano (ADA).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The introduction of PitMag, a dedicated magazine for the Pitbull community.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Original Pitbull NFT collections for trading and collaboration.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A Pitbull-themed play-to-earn gaming experience.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Expansion into the Pitbull Metaverse, creating a virtual reality space for the community.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The vibrant Pitbull community sets the stage for an unprecedented adventure in the meme coin universe. Whether you\u2019re a seasoned trader or new to the crypto world, your journey with PIT is bound to be exhilarating.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">PIT is more than a token \u2013 it&#8217;s a mission, a community, and a chance to be part of cryptocurrency history. Trade PIT now to be part of a bold step into the future of cryptocurrency.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h1><b>PIT Tokenomics<\/b><\/h1>\n<p><span style=\"font-weight: 400;\">The following tokenomics rule for PIT has been established:<\/span><\/p>\n<p>&nbsp;<\/p>\n<h1><b>On-Chain Transaction Fee:<\/b><\/h1>\n<p><span style=\"font-weight: 400;\">PIT tokens incur a nominal fee of 4% for each on-chain transactions for token burns and token redistributions. The allocation of this fee is twofold:<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><b>Token Burn and Redistribution:\u00a0<\/b><\/h2>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">After deducting BTSE platform operational costs, a portion of the transaction fee is utilized for a weekly token burn event and for rewarding the PIT community. The token burn is a critical measure aimed at reducing the total supply of PIT tokens, potentially enhancing their scarcity and value. Concurrently, a portion of the fee rewards existing token holders, which reinforces the platform&#8217;s commitment to sharing ongoing transaction activity benefits. The exact ratio for redistribution versus burn is managed to align with platform sustainability and growth strategies without disclosing specific percentages that may impact market dynamics.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2><b>BTSE Operational Costs:\u00a0<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">An additional fee is applied to PIT transactions to address the expenses associated with integrating and maintaining PIT tokens on the BTSE platform. This ensures the platform can continually provide high-quality services to its users.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2><b>Withdrawal Fees:<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">PIT withdrawals from BTSE will also incur a small fee. This fee will cover the network&#8217;s gas fees and additional service charges by BTSE. The exact percentage rate will be clearly communicated to users at the time of withdrawal to maintain transparency.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BTSE will list the Pitbull (PIT) token on November 9, 2023, making it available for spot trading. Additionally, PIT will be listed on BTSE\u2019s wider ecosystem of 10+ white label crypto exchanges, enabling better liquidity and pricing. Users will be able to trade PIT via the PIT\/USDT and PIT\/USDC trading pairs.\u00a0 \u00a0 Key Dates 1. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9064,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-9063","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-announcements"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>BTSE Will List Pitbull (PIT) on the 9th of November, 2023 &#8212; BTSE Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.btse.com\/blog\/btse-will-list-the-pit-token-pit-on-the-9th-of-november-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BTSE Will List Pitbull (PIT) on the 9th of November, 2023\" \/>\n<meta property=\"og:description\" content=\"BTSE will list the Pitbull (PIT) token on November 9, 2023, making it available for spot trading. 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