what's Websea?
Websea is a Web3.0 cryptocurrency trading platform designed for digital assets, offering spot and perpetual futures trading through its mobile app and web interface. Key features include contracts insurance, which provides automated risk mitigation via premiums and rebates, no mandatory KYC for accessibility, and tools like guaranteed copy trading and principal protection mechanisms to enhance user safety during volatile markets. The platform supports a wide range of tokens, including its native utility token WBS, used for rewards, airdrops, and ecosystem participation. Community engagement is emphasized through regular promotions, leaderboards for trading gains, and multilingual support, with dedicated accounts like @Websea_CN for Chinese users.
Websea_CN's CMO rejoined, launching a $WBS giveaway, while holding dual US, CA, AU financial licenses.
Burned 57 million WBS tokens (19% of initial supply), reducing total supply from 300 million to 167 million WBS, with cumulative burns reaching 132.7 million WBS to date.
Distributes WBS token red packets regularly in the official App chatroom as a community reward program.
Strategic investment secured from Hony Capital, a Chinese private equity firm with $10 billion in assets under management owned by Legend Holdings.
CMO officially rejoins the team and announces a giveaway of 500 $WBS (~$750) distributed among 25 winners plus 10 USDT futures trial funds and exclusive merchandise over 5 days. The platform holds dual financial licenses in the US, Canada, and Australia.