May 9, 2025
Blockchain

Ukrainian Crypto Exchange WhiteBIT Launches Its Own Token

  • August 22, 2022
  • 0

WhiteBIT, one of Europe’s largest crypto exchanges that is disappearing in just 4 years, has launched the WBT token with a total supply of 400 million. Sales from

WhiteBIT, one of Europe’s largest crypto exchanges that is disappearing in just 4 years, has launched the WBT token with a total supply of 400 million. Sales from August 14 were limited to 1 million units and According to information from stock exchange officials In just 15 minutes, 1 million tokens were sold out.

WhiteBIT executives describe WBT token sales success as an important step for the company’s development and further growth. WBT tokens with a supply of 400 million half will be available in periods over the next three years. To prevent the actual value of tokens from being affected by inflation, burn trades will be performed on a regular basis.

What does the WBT token, which is said to sell out in 15 minutes:

According to the information provided by WhiteBIT, the WBT token is useful and useful not only for existing WhiteBIT user investors, but also for newcomers to the stock market. as a trusted digital asset had been developed. One of the goals of the exchange is that the WBT token will become an important tool for developing the exchange’s community over time.

Users receiving WBT tokens; They will also have some bonuses valid on the WhiteBIT exchange. For example daily free ERC20/ETH recording The opportunity to increase in value thanks to weekly burns, 40% to 50% increase in reference rates and reduction of commissions are among these benefits.

There is also a statement from the CEO of WhiteBIT:

Commenting on the WBT token, WhiteBIT CEO Volodymyr Nosov said: “The launch of our own token is the most important stage in the development of WhiteBIT for us. It’s also important to me that it’s not just what it is, but exactly how it happens. Few examples can sell all scheduled tokens within 15 minutes. We have achieved this. This shows us that; Everything WhiteBIT does is popular with users. That’s exactly why we work for them, and that’s why the scope of our services keeps getting bigger and bigger. I am sure that WhiteBIT users will appreciate us seeing all the privileges and benefits they will have with the WBT token.”

The next goal of WihteBIT is to list the WBT token on other exchanges. Information about the listing will be announced later by the exchange. We will keep you informed of the latest developments.

About WhiteBIT:

Known as the largest cryptocurrency exchange in Europe, WhiteBIT is today a cryptocurrency exchange with all necessary security processes and KYC verification facilities. According to the results of the independent audit conducted by Hacken, it is registered as the second most trusted exchange in the world and has been awarded an AAA rating.

Source: Web Tekno

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