The token from the largest European crypto exchange
WBT is the ticker of an internal token to be launched on WhiteBIT, a leading European cryptocurrency exchange. The main aim will be to provide practical interoperability between the platform’s projects and create attractive conditions for exchange users through reduced fees, bonuses and holding options.
If you’re interested in the digital asset industry, you’ve probably heard of WhiteBIT, the largest crypto-to-fiat exchange in Europe. The platform has existed for 4 years, but has already managed to offer high-quality services in the field of digital finance to more than 3 million users worldwide.
Among the most outstanding products are the lowest trading fees for spot and futures trading, an up to 20x leverage for margin trading, 6 convenient types of trading orders, the highest price for passive income plans, a profitable referral program and regular trading contests, and much more. Now the range of tools will be expanded with a brand new product that is intended to start a new era for the stock exchange, The WhiteBIT token.
The token will be issued in a limited amount of 400,000,000 WBT, of which 200 million will be government bonds to be unlocked over the next 3 years. The fixed supply will be supported by a regulated burning mechanism that will insure the asset against inflation. 200 million government bonds will be distributed among corresponding ecosystem institutions and will be unlocked according to the pre-planned schedule.
What do users want from owning WBT?
- Reduced trading fees
- Increased referral rate by up to 50%
- Free withdrawal of ERC20/ETH tokens
- Free AML checks etc
The future issuance of a token is a long-awaited news for the crypto community. The fact that the token is going to be launched in bearish market conditions proves the team’s determination to present a high-quality product to the community. In order not to miss the launch of WBT, follow the news on the stock exchange’s official platform.
Numerous trade contests, bounties, airdrops and special promotions for WBT owners and holders will be an integral part of the token popularization. Here is how the WhiteBIT CEO, Volodymyr Nosov, describes the launch, “We know how much our community has been waiting for WBT, but we want to launch it exactly at the time we are ready for it. We have enough experience, professionalism and capacity to create, maintain and effectively develop the token so that it will hold its own course in the future. When we planned the token, we had this idea of one-of-a-kind crypto in mind that will be viable, powerful and useful for those who value quality in the first place.”
Website: WhiteBIT
Disclaimer
All information on our website is published in good faith and for general information purposes only. Any action the reader takes on the information contained on our website is strictly at their own risk.
