Is Biconomy Exchange Token a scam?

Asked about Biconomy Exchange Token (BIT), market cap rank #4055.

Short answer

Biconomy Exchange Token (BIT) has been scored on isthiscoinascam.com and has a moderate score — some risk signals were raised but no critical concerns.

Source: isthiscoinascam.com · Updated 2026-06-07

Red flags raised

  • Team is anonymous
  • Ownership reclaim possible
  • Slippage modifiable
  • Less than 50% of supply is circulating
  • Daily volume exceeds market cap (possible wash trading)

Security audits

1 audit on record.

  • Cyberscope (2023-04-15) — pass

Team transparency

The Biconomy Exchange Token team is anonymous — public identities are not on record.

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