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WhiteBIT Token (WBT) is a long-awaited utility token of the largest European crypto exchange, WhiteBIT. It embodies the core values of the platform, namely, a user-oriented approach to the service provision and the most favorable conditions for mass adoption of the latest blockchain innovations. Now, the exchange announced an upcoming listing of WBT on another big-name crypto exchange from CoinMarketCap’s top-10, Gate.io.
Two months have passed since WhiteBIT announced the start of WBT trading. These two months were fruitful for WhiteBIT Token and no wonder! The public token sale amazed the crypto community, as it ended 15 minutes after the start. Only one week after the trading started, the token price doubled, producing positive sentiment in the media and among traders worldwide.
WhiteBIT has successfully conducted the first trading competition on the WBT/USDT pair and held a token airdrop. In less than a month after the release, WBT was listed on Huobi. On October 25, 2022, at 10:00 a.m. UTC, WBT will be listed on Gate.io.
WhiteBIT Token owners can enjoy a wide range of benefits that make the use of WhiteBIT services more pleasant and easy, namely:
The token supply is limited to 400 000 000 WBT, with 200 mln WBT being treasury tokens that are to be unlocked according to a specific schedule. Moreover, the asset is backed by a deflationary mechanism that presupposes a weekly burning of WBT.
Here’s how Volodymyr Nosov, the CEO of WhiteBIT, describes the endeavors of the exchange, and WBT specifically, “We worked tirelessly to provide the community of our exchange with a high-end product that would be worth its attention. We appreciate our users, so we put much effort into satisfying their needs. WBT meets our expectations, and each piece of news related to the token proves us right. We don’t stand still, we keep fueling the progress of crypto innovations on our exchange, as well as in the industry as a whole.”
Disclaimer: This is a paid post and should not be treated as news/advice.
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With Masters in Mass communication and journalism, Anjali’s interests lie in blockchain technology adoption across emerging economies.
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Disclaimer: AMBCrypto’s content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.
