Txbit was a Netherlands-based cryptocurrency exchange founded in 2016 and launched in 2019. The company announced in August 2023 that it would permanently close, citing uncertain regulatory conditions and “adverse market shifts,” with its website shutting down on September 14, 2023. [1]
Design and History
Txbit’s visual identity was built around an abstract symbol rendered in blue, orange, and white. The logo was displayed across the exchange’s digital platform and promotional materials, including press imagery captured in 2023. [2]
The exchange operated as a centralized platform, with its official website at txbit.io. [3] Txbit’s own token, TXBIT, served as the native utility token of the exchange platform, used for Community Coin Voting. [4]
Following the closure announcement, Txbit noted that its token would still be available for trading on PancakeSwap, and that more than 95% of the non-circulated token supply would be burned. [1]
Meaning and Symbolism
The mark featured an abstract symbol, which served as the exchange’s primary brand identifier across its platform and communications.
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