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On June, 1, WhiteBIT token (WBT) was listed on Bitfinex as a next stage of asset’s development after listings on Huobi and MEXC.
Amidst the news of WhiteBIT token’s upcoming listing on a major crypto exchange Bitfinex, the users’ buzz about it stimulated the slight growth of the WBT’s value. Hence, a brief bullish trend was indicated within the last week. Importantly, the trading operations with WBT on Bitfinex have already begun, leaving us with a logical question: what is awaiting the WhiteBIT token?
WhiteBIT token was launched by WhiteBIT — a Ukrainian-originated crypto currency exchange, which is presumed to be one of the largest in Europe. It is also among the leading top-tier crypto exchanges in terms of cutting-edge security and customers’ privacy.
WhiteBIT created its inner token as a part and parcel to their own blockchain — WB Network, testnet of which has been introduced later — on March 31, 2023. All products combined are driven to provide the community with top-notch features via the specific ecosystem.
“We created a token that can make a change in our perception of what a truly efficient crypto is,” — Volodymyr Nosov, the CEO of WhiteBIT.
Since then, WBT went beyond the homeland exchange and was listed on such crypto giants as Huobi and MEXC, and recently Bitfinex unlocked the possibility to offer crypto trading with WhiteBIT’s digital asset.
Bits and Pieces of Technicalities
As stated by WhiteBIT, the token is promised to become a secure and transparent asset as well as a safe and efficient trading option, given the free AML checks and ERC20 withdrawal. Additionally, the WhiteBIT token also provides users with the discounts for owning and holding the assets with the increased referral rate beginning at 40%.
Besides, the WhiteBIT token is experiencing a moderate adjustment from its originator. To be more specific, the exchange is burning the distinct amount of tokens in order to ensure the both limited and stable offer of the asset.
Typical of newly-emerged altcoins and tokens, WBT is experiencing a controversial reaction among the crypto users. Specifically, while a better part of the community is expressing plausible forecasts about WhiteBIT token and is voicing a decent reputation of the asset, there are still concerns referring to WBT’s vulnerability and dependance from the exchange.
Apparently, the outlook for the WhiteBIT token’s future is based on the recent growth of the WBT, followed by its listing on Bitfinex. Despite the fact that the pessimistic forecasts are being voiced, the statistics indicates the prominent future of WhiteBIT token. In fact, a better part of analytics are converged into the outlook expressing the growth of WBT’s value.
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