Cryptocurrency trading is a popular way of making a profit online. Similarly to conventional markets, the crypto market allows buying and selling assets to profit from their price differences. Along with the most popular digital assets known worldwide, such as Bitcoin, Solana, Tether, XRP, etc., many less popular yet promising assets exist. This article will discuss the WBT token and tell about all the benefits of buying it.
What is so Special about the WhiteBIT Crypto Exchange?
WhiteBIT is a young platform that is developing rapidly. It has already gained over 2 million registered clients and is expanding its adoption worldwide. The platform offers a convenient and transparent interface that even a novice user can handle, low trading fees, and increased client safety. 96% of funds are stored offline, on cold wallets, and the rest 4% are participating in trading operations on the exchange.
The platform has a large and dedicated community of users and conducts different activities and quizzes. In the summer of 2022, WhiteBIT issued its internal currency – the WBT token, thus attracting more users and expanding their earning opportunities.
The token is used for:
- affiliate program and additional rewards for bringing new people to the crypto exchange;
- reduced trading fees or zero fees for some operations within the platform;
- access to additional products built on the WhiteBIT platform;
- staking.
The WBT price is growing as the token has become popular, and many people strive to buy them. As of mid-October 2022, the WBT USDT pair is traded at $11,17. The developers have come up with a mechanism of burning tokens and locking some part of them with the purpose of keeping the demand for the crypto asset and maintaining its price. You can buy crypto on the WhiteBIT and Huobi platforms. Shortly, the token will be listed on other large crypto platforms.
