WhiteBIT is the biggest European cryptocurrency exchange that released its own token, WBT, in August this year.
Recently, the exchange announced the listing of WBT on the third (besides WhiteBIT itself) exchange that is in the top-10 exchanges on CoinMarketCap, Gate.io.
WhiteBIT Token is a utility token designed to provide a user-friendly environment throughout the WhiteBIT ecosystem. The total supply of tokens is limited to 400 mln WBT.
200 million of the issued supply are treasury tokens distributed among the funds of the ecosystem. These are to be unlocked according to the schedule established by the company.
WBT was listed on the WhiteBIT exchange on August 25, at 10:00 a.m. UTC, accompanied by a large-scale trading competition on the WBT/USDT pair and an airdrop.
Less than one month later, WBT was listed on Huobi, reached an ATH of $13.88, and attracted a record amount of attention.
The secret to WBT success is simple, the token provides its holders with a wide range of perks, which include:
⦁ free withdrawals of ERC20/ETH tokens
⦁ up to 100% maker fee discounts
⦁ free AML checks
⦁ increased referral rate
On October 25, two months after the listing on WhiteBIT, WBT will be listed on Gate.io. The pace of the token’s development is backed by the company’s desire to provide its users with a top-notch product that can enhance user experience.
“We created a token that can make a change in our perception of what a truly efficient crypto is,” says Volodymyr Nosov, the CEO of WhiteBIT.
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