WhiteBIT Coin (WBT)USD

WhiteBIT Coin (WBT) is the utility token of the WhiteBIT cryptocurrency exchange and the gas token of the Whitechain Layer-1 blockchain. WhiteBIT was founded in 2018 in Europe, with origins in Kharkiv, Ukraine. WBT launched in August 2022 after an Initial Exchange Offering that closed on 14 August 2022 and a Token Generation Event on 25 August 2022. Whitechain uses a Proof-of-Authority consensus mechanism, and WBT is the native coin used to pay transaction fees on that network. On the WhiteBIT exchange, WBT provides reduced trading fees, access to referral and reward programs, and launchpad participation. It also functions as the gas currency for Whitechain transactions. The token is issued on Ethereum as an ERC-20, on Tron as a TRC-20, and natively on Whitechain. The total supply is capped at 400 million WBT, and no additional coins can be created beyond that limit. The circulating supply sits well below the cap because of locked treasury allocations and ongoing token burns.