What is WhiteBIT Coin?

WhiteBIT Coin (WBT) is the utility token for the WhiteBIT cryptocurrency exchange, which was founded in 2018. The exchange has over 3 million users and aims to facilitate the mass adoption of blockchain technologies through various trading and staking services. WBT is integrated into the exchange's ecosystem, enhancing user interaction and supporting numerous blockchain projects, with functionalities including decreased trading fees and staking opportunities.

The total supply of WBT is capped at 400 million tokens, with no further issuance planned. Of this supply, 200 million tokens are designated as treasury tokens, set to be unlocked within three months following the token's launch. The platform also engages users through various activities such as trading competitions, airdrops, and beneficial holding programs.