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WhiteBIT Token gets ready to be added to another world-class crypto exchange

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WhiteBIT has gathered a massive community of fans around its recently minted asset — WhiteBIT Token. It started gaining wide popularity even before the public sale. The token is already available for trading against USDT on Huobi and Gate crypto exchanges.

Now we are to see the token on the third crypto exchange — MEXC, with a daily volume exceeding $2 billion. The trading will start on November 2 at 2:00 p.m. UTC. The asset will also be paired against USDT.

The token’s purpose is to empower the WhiteBIT ecosystem and provide its holders and owners with a number of bonuses:

  • free checks for anti-money laundering
  • up to 100% discounts for trading fees
  • 40%-50% referral rates
  • free withdrawals of ERC-20/ETH tokens

WBT can already be used as collateral for trading on the WhiteBIT itself and has proved to be a promising income tool with an ATH of $13.88.

The total WBT supply is 400M, with half of them locked as treasury tokens. The unlocking schedule is designed for 36 months, starting from the final private sale round. The last tokens should be released in March 2026.

WhiteBIT also burns a certain amount of WBT every week. It plans to eventually destroy up to half of the total WBT supply with the help of the burning mechanism. It also helps to maintain and push the asset’s current value to grow.

The further development plan presupposes the integration of WBT into the real economy sector, launching the second network to decrease transaction costs, transition to its own blockchain, and more.

Disclaimer: This is a paid post and should not be treated as news/advice.

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Ishika Kumari is a Crypto Analyst and Content Strategist at AMBCrypto, specializing in the analysis of cryptocurrency regulations, market trends, and the socio-political impact of blockchain technology. Her expertise is grounded in her academic background as a graduate of Political Science from the renowned University of Delhi. This discipline has equipped her with a sophisticated framework for analyzing complex governance models, international regulatory landscapes, and the economic principles that underpin decentralized systems. At AMBCrypto, Ishika applies this unique analytical lens to her work. She excels at breaking down intricate subjects—from the technicalities of new protocols to the nuances of global crypto legislation—into clear, accessible, and insightful content. Her primary mission is to bridge the gap between the complexity of the digital asset industry and the everyday reader, ensuring that AMBCrypto's audience is not just informed, but truly understands the forces shaping the future of finance.
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