WhiteBIT has spoken of significant innovation since the start of its massive market expansion. Just a month ago, the platform implemented futures trading, becoming one of the few crypto exchanges in the world to offer such a feature. Now, WhiteBIT announced the launch of its own token, which seems like a logical step for the exchange’s development.
Here are the most important things you should know WhiteBIT token:
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The amount of tokens will be capped at 400,000,000 WBT. Half of the tokens issued will be frozen and released to the market according to the set schedule.
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200M WBT will be Treasury tokens that will be unlocked within the following 3 years.
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WBT holders get an increased referral rate, lower trading fees, free ERC-20/ETH token withdrawals, free AML testing and more.
As a WhiteBIT proprietary token, WBT will gradually expand the range of opportunities available to platform users. Find all updates to WBT on the official WhiteBIT website.
“The launch of our token is a logical step in the development of our ecosystem, which will contribute to better operation of WhiteBIT projects and provide more opportunities to our users. This is a special product, nourished by the conscious work of advanced specialists and true connoisseurs of high-quality blockchain innovations,” – said Volodymyr Nosov, the CEO of WhiteBIT.
About WhiteBIT
It is the largest European crypto exchange that meets all KYC and AML requirements. The platform was founded in 2018 but has already managed to offer high-quality digital finance services to more than 3 million users worldwide. The platform has an AAA cybersecurity rating and is one of the top two safest exchanges in the world according to an independent hack audit. With its up-to-date technologies, the platform ensures fast fiat deposits and withdrawals via Mastercard, Visa and partner payment systems.
Among the most outstanding features is margin trading with up to 20x…
