Is Kishu Inu burning coins?

Simultaneously, another 1% of each transaction is directed towards rewarding existing holders of $KISHU. This mechanism encourages long-term holding and fosters a sense of community among investors, as they share in the benefits of the token's growth and adoption.

The cryptocurrency $KISHU incorporates deflationary mechanisms to maintain its scarcity and value. A pivotal aspect of this strategy is the integration of a burn and redistribution system, which serves as a dual-pronged approach to managing the token's supply.

Within this system, a portion of every transaction conducted with $KISHU is permanently removed from circulation. Specifically, 1% of each trade is burned, effectively reducing the overall supply of the token in a controlled manner.

BTCC, a prominent cryptocurrency exchange, offers a diverse range of services tailored to meet the needs of various market participants. Among these, the exchange provides access to spot trading, allowing users to buy and sell cryptocurrencies at current market prices.

Additionally, BTCC offers futures trading, which enables investors to speculate on the future price movements of cryptocurrencies without actually owning the underlying assets. This service provides added flexibility and hedging opportunities for traders.