Tokens as a digital asset of the longer term – cryptocurrency trade WhiteBIT launched its personal token WBT


Volodymyr Nosov ,  CEO of Ukrainian cryptocurrency trade WhiteBIT

The CEO of Ukrainian cryptocurrency trade WhiteBIT Volodymyr Nosov defined why the corporate launched its tokens and what bonuses its customers will obtain from this. Examine how the homeowners of WhiteBIT tokens will be capable of get extra advantages and the way the corporate will guarantee the protection of its prospects within the article.

In 4 years, Ukrainian cryptocurrency trade WhiteBIT  from a startup primarily based in Kharkiv, has change into the biggest cryptocurrency platform in Europe. Now we now have greater than 500 members and present persistently excessive progress charges, thereby gaining the belief of latest prospects. Though a couple of years in the past we couldn’t even think about that WhiteBIT, in addition to the cryptocurrency market usually, may develop so dynamically.

At the moment, the pattern of digital know-how growth is already clearly outlined. They’re the longer term and are step by step changing into a standard a part of the on a regular basis life of individuals everywhere in the world.

With this understanding and fixed concern for our prospects, WhiteBIT is taking one other international step as a part of its general platform scaling technique – the creation of its personal WBT  token. The method of launching it has already begun. On August 14, we opened the primary token sale, and we closed it actually in minutes – the primary million WBTs discovered their homeowners. For us, which means we’re shifting in the correct course.

Advantages of WhiteBIT token are restricted provide and inflation safety

The launch of our personal token is a vital milestone in WhiteBIT’s growth. This instrument will empower our customers for extra advantages. On the identical time, we did every part to make the WBT token as handy to make use of for knowledgeable crypto merchants and newcomers as potential.

Alternate tokens began to look tentatively in 2017. They supply homeowners with sure merchandise, providers or reductions. Tokens can be utilized, for instance, as a technique of rewarding market makers who present liquidity to the trade.

By drawing parallels, inventory trade tokens are corresponding to securities, shares of firms. There are shares of Apple, Tesla or the Coca-Cola Firm. The place to speculate? Everybody chooses for himself primarily based on indicators which are personally vital.

As for WhiteBIT’s WBT token , its foremost standards are as follows:

– it’s a restricted provide of the asset,

– it has excessive progress potential primarily based on a hard and fast variety of tokens and a weekly burn, WBT token offers its holders with a variety of bonuses and extra options.

The anticipated referral fee, that’s the profit, on a WBT token will ultimately be between 40% and 50%.  In whole, we intend to situation 400 million tokens  to the market and no new ones might be created.

On the identical time, 200 million tokens  out of the overall might be so-called “treasury tokens”. They are going to be step by step unlocked over the subsequent three years and launched available on the market. Collectively, this mechanism will shield WBT holders from inflation.

On the identical time, WBT holders will obtain quite a few distinctive alternatives and bonuses. These embrace lowered buying and selling commissions , every day Anti-Cash Laundering ( AML ) checks, and free ERC20/ETH withdrawals.

To take care of and promote the “worth” of WhiteBIT tokens, the trade will constantly redeem tokens and burn them till the variety of tokens available on the market is much less than   50%  of their authentic quantity.

Safety assurance is a precedence at WhiteBIT

As with different services at WhiteBIT, buyer security is an absolute precedence for us.

WhiteBIT at present meets all KYC (Know Your Buyer) necessities

and AML (Anti-Cash Laundering) necessities and is without doubt one of the high 2 exchanges on this planet when it comes to safety based on an impartial audit by Hacken. WhiteBIT is AAA rated.

The trade verifies every new consumer and robotically determines the chance group. Additionally at a excessive stage we use the rules of AML. Which means that platform customers are largely shielded from doubtful transactions with their property.





Volodymyr Nosov
 Volodymyr Nosov

It is vital to say that about 96% of the WhiteBIT platform’s digital funds are saved on chilly wallets, that are accessed by way of a multi-signature system. Further safety towards hacker assaults can also be offered by WAF instruments, anti-phishing packages and two-factor autentification. In case of drive majeure, WhiteBIT has additionally created its personal insurance coverage fund which is replenished by transaction charges.

The Ukrainian WhiteBIT platform has been available on the market in Europe for 4 years and it is without doubt one of the quickest rising. This is a vital indicator to not less than have an interest within the WBT token. In spite of everything, the legal guidelines of the cryptocurrency market actually don’t differ considerably from the principles and algorithms of the same old market. In different phrases it’s the progress and stability of an organization, in our case a cryptocurrency trade, that determines its reliability.

I’m positive that our customers will positively respect all the advantages they may get from the launch of WBT tokens. And we are going to proceed to broaden the capabilities of our providers and make cryptocurrency accessible to customers from everywhere in the world.

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Volodymyr Nosov ,  CEO of Ukrainian cryptocurrency trade WhiteBIT The CEO of Ukrainian cryptocurrency trade WhiteBIT Volodymyr Nosov defined why the corporate launched its tokens and what bonuses its customers will obtain from this. Examine how the homeowners of WhiteBIT tokens will be capable of get extra advantages and the way the corporate will guarantee…