The leader among European crypto exchanges, WhiteBIT, announced the plans to launch its own token. Due to its features, the asset will provide owners with a number of benefits both on and off the platform.
According to the founders, the main goal of WhiteBIT is to popularize and spread blockchain technologies through high-quality tools and products. Looking back at the achievements of the platform, one can be sure of the zeal and dedication to this idea with which the team achieves the set goal. In the 4 years of its existence, WhiteBIT became not only an advanced crypto platform in Ukraine but also took a confident course to conquer the European crypto space. It is worth noting that the WhiteBIT ecosystem combines several projects aimed at spreading awareness in the field of blockchain and the use of digital assets in everyday life.
The platform develops at a cosmic pace. Recently, the functionality of the exchange was supplemented with perpetual Bitcoin futures, and a month later, the platform announced the release of its own token, WhiteBIT Token (WBT). The asset will become a full-fledged part of the entire ecosystem, which will organically combine projects and contribute to the smooth operation of users on the exchange.
Here are the main facts about WBT.
- WhiteBIT Token is an ERC20 token of the largest European crypto-to-fiat exchange.
- The token will be issued in the fixed amount of 400 000 000 WBT, 200 million of which are locked treasury tokens that will be released over the next three years.
- The asset has a huge potential due to its fixed quantity and weekly burning mechanism.
- WBT owners will enjoy an increased referral rate, significantly lower trading fees, free ERC-20/ETH withdrawals, free AML checks, and more
In addition, the exchange will launch airdrops, trading tournaments, and numerous activities to increase user loyalty and token recognition. Follow the updates about WBT and other WhiteBIT projects on the official platform.
“The launch of our own token is a completely organic stage in the development of our ecosystem, which contributes to an even more streamlined operation of WhiteBIT projects and provides more opportunities for our users. This is a special product, nurtured by the painstaking work of advanced specialists and true connoisseurs of high-quality blockchain innovations,” – said Volodymyr Nosov, the CEO of WhiteBIT.
Disclaimer: This is a paid post and should not be treated as news/advice.