Benefits of WhiteBIT Coin (WBT)

WBT is conceived as a complete infrastructure product that integrates the WhiteBIT exchange ecosystem and related projects.

 

WBT originated as CEX WhiteBIT's native coin, WhiteBIT Coin. As WBT continued to evolve, it proudly took its position as a native coin within the distributed Whitechain network. WBT's integration with WhiteBIT remains unchanged, providing users with many insider benefits that increase with WBT's status.

 

Coin owners receive the following benefits depending on the level of Owning or Holding:

  • Higher referral rate: referrals receive an increased share of referral commissions.
  • Lowered trading commissions: a new trading commission structure is provided for coin owners.
  • Abolition of blockchain fees: users get a certain number of free ERC20 and ETH token withdrawals per day depending on the amount of WBT in Holding.
  • Free AML checks: Users receive a certain number of free AML checks depending on the number of coins.
  • Rewards Distribution: Each WBT owner has the opportunity to receive a share of all network fees depending on their Soul hold level. Participating in SoulDrop allows you to earn 1.31% to 22.1% annualized monthly interest on your WBT in Holding. More information can be found in our article at the link.
  • Participation in WhiteBIT Launchpad: WBT owners with Level 2 Holding and above have the opportunity to participate in WhiteBIT Launchpad, vote for projects and purchase tokens before listing on the exchange.
  • Additional bonus for Tether US (USDT) cryptolending plans: an additional bonus increases the user's profit when investing in cryptolending plans for the Tether US (USDT) asset.
  • Generation of multiple deposit addresses: users who have transferred WBT to Holding have the convenient possibility to use multiple deposit addresses for each network. To learn more about the Holding and Owning functionality of WBT Coin on WhiteBIT, you can find in our article at the link.

We use some of the coins as a basis for the development and stability of the exchange, financing various funds with them.

 

In addition, ERC20, TRC20 coin contracts, escrow smart contracts, rights grants and Whitechain Network  have been successfully audited by Hacken.

 

Other benefits and activities related to WBT and Whitechain Network will also be added in the future.

Support

In case of any questions related to the functionality of our exchange, you can:

  • Leave a request on our website;
  • Write to the support email: support@whitebit.com;
  • Write to the chat using the button in the lower right corner of the screen (in the upper right corner of the WhiteBIT app, click ).

Was this article helpful?

4 out of 5 found this helpful