WhiteBIT Coin $WBT is the utility token of the WhiteBIT exchange, enhancing user benefits. More
Fully Diluted Valuation | $13.48B |
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24H Trading Volume | $113.69M |
24H Low / High | $40.82 / $ 42.00 |
Circulating Supply | 144.12M |
Total Supply | 321.50M |
Max Supply | 400.00M |
Categories | Exchange-based Tokens 3 more |
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Founder | Vladimir Nosov |
Website | blog.whitebit.com Whitepaper 1 more |
Socials | 1 more |
Chains | Ethereum Ecosystem 1 more |
Explorer | Ethplorer 4 more |
Contracts |
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Name | Pair | OG Score |
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WhiteBIT Coin (WBT) originates from WhiteBIT, one of Europe’s largest cryptocurrency exchanges. It was introduced as the exchange’s native token to improve user experience and support blockchain-based applications.
Key milestones include:
Initial launch and adoption within the WhiteBIT trading ecosystem.
Expansion of functionality, securing traction among retail and institutional users.
Growing reputation as a utility-driven exchange token in the European crypto market.
WBT is an ERC-20 token built on Ethereum, benefiting from its security and interoperability. Its main features include:
Reduced trading fees for holders.
Priority access to selected platform services.
Staking opportunities with tiered rewards.
The token leverages smart contracts for transparency and automation, and incorporates burn mechanisms to reduce supply over time. This deflationary design supports scarcity and potential long-term value appreciation.
What differentiates WBT from other exchange tokens is its ecosystem-first approach, designed for seamless integration with the WhiteBIT platform while maintaining broad compatibility with Ethereum-based applications.
WhiteBIT Coin $WBT offers tangible benefits, especially within its native ecosystem:
Fee discounts: Particularly valuable for high-frequency and institutional traders.
Enhanced staking: Token locking unlocks additional rewards.
Developer adoption: Ethereum compatibility makes WBT suitable for use in third-party apps.
Institutional use: Partnerships for liquidity provisioning and financial services.
Retail adoption: Loyalty and reward programs that incentivize continued use.
Fixed total supply, with allocations for ecosystem growth, staking rewards, and liquidity support.
Deflationary model: Periodic token burns reduce circulating supply.
Value drivers: Fee reductions, staking incentives, and increasing adoption within the ecosystem.
A notable aspect is the burn mechanism, which reinforces scarcity and rewards long-term holders, aligning token performance with supply-demand fundamentals.
WBT has built a community of traders, developers, and blockchain enthusiasts active on WhiteBIT’s platform and beyond.
The developer ecosystem leverages WBT’s Ethereum compatibility to build integrations, while strategic partnerships with blockchain projects and financial institutions expand token use cases. Favorable regulatory exploration in certain regions further supports potential institutional adoption.
Staking Expansion: New tiered reward structures for higher-volume stakers.
Trading Features: Advanced tools integrating WBT for discounted access.
DeFi Collaboration: Partnerships with DeFi platforms for liquidity pools and decentralized lending.
Ecosystem Growth: Continued focus on interoperability and integrations.
WhiteBIT Coin (WBT) combines technical innovation, real-world utility, and strong tokenomics. From its start as an exchange utility token, it has evolved into a multi-use asset integrated into trading, staking, and partnerships across DeFi.
Its long-term value will depend on continued innovation, adoption, and ecosystem expansion, reinforced by community engagement and institutional interest.
The burn mechanism reduces circulating supply, creating a deflationary model that increases scarcity and supports long-term value.
WBT offers reduced trading fees, access to exclusive features, and enhanced staking rewards, improving both cost efficiency and user incentives.
By staking WBT, users unlock tiered reward systems, encouraging long-term participation and ecosystem loyalty.
Vladimir Nosov is the founder of WBT?
It emphasizes a token supply of 400,000,000 WBT, with 200 million as treasury tokens to be unlocked gradually over the next three years.
You can buy WhiteBIT Coin (WBT) on MEXC, HTX, WhiteBIT, BitfinexDODO (Ethereum) cryptocurrency exchanges.