What is CTK used for?

The CTK token, the native utility token of CertiK, serves as a pivotal component within the ecosystem. With a circulating supply of $56 million USD, it holds significant value and functionality.

Beyond trading, BTCC also supports a range of advanced trading features and tools, including spot and futures trading. This enables traders to capitalize on market opportunities and hedge their risks effectively. Additionally, BTCC's secure wallet service offers users a convenient and reliable way to store their digital assets, including CTK tokens.

One primary use case of the CTK token is for the consumption of gas fees during smart contract operations. As smart contracts become increasingly intricate and widely adopted, the need for efficient and cost-effective transaction processing arises. The CTK token facilitates this by providing a means for users to pay for the computational resources required to execute their smart contracts.

With a strong focus on security and compliance, BTCC has established itself as a trusted player in the cryptocurrency space. Its robust infrastructure, coupled with advanced security measures, ensures that users can trade and store their assets with peace of mind.

Moreover, the CTK token also enables staking, which is crucial for achieving network consensus. By staking their tokens, users contribute to the security and stability of the CertiK network. This process not only reinforces the network's decentralization but also rewards participants with incentives, aligning their interests with the long-term success of the ecosystem.