PRESS RELEASE. WhiteBIT Token is a utility token of one of the biggest European exchanges, WhiteBIT. The token is progressing in leaps and bounds. Recently, the exchange released the news about WBT joining another world-class exchange, Huobi, evoking a new wave of interest in the freshly released crypto.
The history of WBT has only begun. Even though WhiteBIT launched four years ago, it released its token less than two months ago. The team explained that they took a thoughtful approach to creating the in-house token because the main goal was to listen to the community’s needs and embody them in an exclusively remarkable crypto asset. On the 14th of August, WhiteBIT initiated the private sale of tokens, which ended phenomenally 15 minutes after the start. Hence, the interest from the mass media significantly increased, which heated the longing of the crypto community to buy the token as soon as possible. Ten days later, the exchange listed WBT and paired it against USDT. In just one week, the token value increased and reached $7.08 per 1 WBT.
The WhiteBIT team has meticulously prepared for the release of the token, placing all possible benefits for the holders in one product, namely:
● up to 100% of maker fee discount and up to 90% of taker fee discount;
● daily free ERC20/ETH tokens withdrawals;
● increased referral rate; free daily AML checks.
WhiteBIT takes adequate measures to protect its token from inflation. The exchange buys the tokens and burns them up until at least half the circulating supply is burned. Adding WBT to well-known exchanges is a new successful chapter for WBT and its team.