what's WhiteBIT?
WhiteBIT is a centralized cryptocurrency exchange platform founded in 2018, headquartered in Europe, and recognized as one of the largest by trading volume and user base in the region. It provides services including spot and margin trading, futures contracts, staking, and lending for over 450 cryptocurrencies, emphasizing security through cold storage for 96% of assets and compliance with standards like FATF and AML. The platform features advanced trading tools, low fees, and a user-friendly interface suitable for both beginners and professionals, while integrating its native utility token for enhanced functionality. WhiteBIT's ecosystem includes the WhiteBIT Coin (WBT), which powers discounts on trading fees, access to exclusive features, and participation in governance-like decisions within the platform. It has formed strategic partnerships with sports entities such as Juventus and FC Barcelona to promote crypto adoption, and maintains a focus on innovation through initiatives like the WB Network blockchain for improved transaction speed and reduced costs. The exchange prioritizes user protection against threats like social engineering scams, as highlighted in industry reports.
WhiteBIT integrated Plasma USDT rails for stablecoin transfers on its exchange.
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Integrated Plasma USDT rails for stablecoin transfers on the exchange.
$WBT posts +60% gains over the last 90 days, placing third among only 15 green tokens in the Top 100 during Q4.
WBT ranks among today's top gainers in the crypto market.
Price surges 20% in 24-hour period.
$BERT token listing launches tomorrow on the exchange.
Network experiences 575% growth in new addresses, ranking second highest among major crypto assets.
New 3-year sponsorship deal with Juventus soccer club triggers 29.2% price surge.
30% price surge places token among top 10 daily gainers
Major token unlock of 39.5M tokens ($1.19B, 27.41% of supply) occurred on May 13.
Implementation of EIP-7702 protocol now includes batch support for deposit addresses, demonstrating technical leadership in Ethereum account abstraction.
WhiteBit's EIP-7702 smart accounts have grown to 6.9k implementations out of 25k total accounts in the ecosystem.
Live crypto trading championship launches with $5M USDC prize pool, featuring top traders and interactive viewer rewards.
Achieves 70% market share (740 addresses) in EIP-7702 delegations, leading all contracts.
$1.16B token unlock scheduled for May 2024, representing significant potential market event.
Trading competition offers $1,000 USDT prize pool and $50 instant bonus for qualified deposits until April 3rd UTC.