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What Is Pitbull?

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Nov 22, 2022
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3 min read
what-is-pitbull

This blog post will cover:

  • About Pitbull (PIT)
  • Where did Pitbull (PIT) come from?
  • What are the advantages of Pitbull (PIT)?
  • What are the disadvantages of Pitbull (PIT)?
  • How to buy Pitbull (PIT)? 

About Pitbull (PIT)

Pitbull is a meme dog token which runs on a BNB Chain. It’s proud of its community governance and claims to be a special social experience involving investors in development and the project, too. Pitbull gives contributors bonuses via auto staking, which promises a passive return through commission on the deals made with PIT.

PIT is an auto staking crypto that’s now accessible on our SimpleSwap service for both exchange and purchase. 

Where did Pitbull (PIT) come from?

Pitbull was established in March more than a year ago — in 2021. The project is entirely community driven. There is a core team, made of around 10 volunteers, which consists of graphic designers, social media managers, developers, etc. that decided to help the Pitbull project with their talents.

What are the advantages of Pitbull (PIT)?

  1. Ambitious plans. Pitbull has a truly big roadmap the most part of which is completed. According to it, Pitbull plans to become much more than just a meme crypto — it aims to show the world that the community-driven projects have their own benefits and advantages. 
  2. Loyal community. The project has a uniquely supportive community which helps Pitbull to develop faster and attract the attention of the crypto enthusiasts worldwide due to its transparency. 

What are the disadvantages of Pitbull (PIT)?

  1. Token price. The price of the PIT token is small at the moment. Now it’s $0.000000000551, which, compared to many other dog tokens, is low. However, this point is not permanent and could increase any time, for example, when the Crypto Winter is over. Time will tell!  
  2. Too much competition. There are so many dog tokens that the Pitbull team could feel a little stressed because of the high competition level on the crypto market. This might as well affect the project positively or negatively depending if the devs and the community will stay loyal and continue working on Pitbull.  

How to buy Pitbull (PIT)? 

Interested in this project and willing to buy its tokens? Visit our SimpleSwap homepage. Follow the guide to purchase PIT:

  1. Let’s assume, you plan to exchange BUSD for PIT. Select the crypto you wish to exchange (BUSD) in the 1st drop-down list. Insert the number you want to swap.
  2. Choose PIT in the 2nd drop-down list. You will see the estimated amount that you’ll receive after the swap.
  3. Click the Exchange button.
  4. Enter the Recipient's Address. PIT will be sent to this address. Be careful and make sure you use the correct address.
  5. Create the exchange.
  6. You will see the BUSD deposit address. You have to transfer the necessary amount of BUSD to this address to start the exchange.

SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.

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