# Taxation

***The BitHash platform is powered by the $BITHASH token, a native utility token that plays a crucial role in the ecosystem. The tokenomics of $BITHASH are designed to incentivize long-term holding, support platform development, and deflationary mechanism to enhance project’s longevity and health.***

{% hint style="info" %}

* <mark style="color:blue;">**Buy Tax: 5%**</mark>

* <mark style="color:blue;">**Sell Tax: 5%**</mark>
  {% endhint %}

* **80%** of the tax will go toward marketing, development, and project growth.

* **20%** goes back to all holders in the form of reflections. Incentivizing holding without tediousness of staking that can lead to a host of issues.


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