Bitrise uses an automated repurchase and burning process to create scarcity in the liquidity pool, which helps to manage tokens. It is the first cryptocurrency that provide automatic Buyback in conjunction with a real-world payment system use case.
This is a one-of-a-kind characteristic that has given the token a competitive advantage in the cryptocurrency industry.
Every 5% of the cost charged on a sell transaction is sent to the repurchase contract, which uses it to buy tokens from the liquidity pool automatically.
The purchased tokens are instantly burned. This is how the Bitrise crypto coin has increased liquidity control transparency.
Bitrise coin has one of the greatest techniques when it comes to paying investors. The token holders receive 4% of the fee, which is given in BNBs.
Every 60 minutes, the incentives are immediately paid to token holders' wallets.
Bitrise is a cryptocurrency with some of the best decentralized products available.
Bitrise Audits and Techrate Audit were the initial products published by the team in August, followed by Bitrise dApp wallets in October. The Wallet's Beta 2 version received thousands of downloads in its first week on the market. Among the upcoming products are the Bitrise exchange and the IBitrise blockchain.
Brand New BITRISE Update
Bitrise Staking was recently launched by the team, and it has since been listed on more than 5 tier-2 exchanges, including MEXC Global, LBank, and Bitmart.