WhiteBIT Coin (WBT), the native coin of the WhiteBIT cryptocurrency exchange, has just marked its third anniversary — and it’s doing so with results that stand out in today’s unpredictable crypto world. While many altcoins go through sharp rises and equally sharp drops, WBT has managed to keep a steady upward path since it launched in 2022.
Over the past year alone, WBT has grown by more than 300%, according to CoinGecko. The token moved from lows near $30 to highs above $50, and even after reaching that peak, it is still only about 15% lower — avoiding the deep crashes of 50% or more that often hit other cryptocurrencies after strong rallies. This stability has made WBT one of the more trusted exchange-linked assets for traders and long-term holders alike.
Why WBT Performs Differently
- A big part of WBT’s success comes from the fact that it has real, built-in uses within the WhiteBIT ecosystem. Holding WBT isn’t just about hoping the price will go up — it comes with practical perks:
- Trading fee discounts of up to 100% for makers and up to 80% for takers.
- Access to the Launchpad, where users can vote on and invest early in new token sales.
- Passive income through the SoulDrop program, which rewards holders with a share of network fees.
- Extra interest on crypto lending (up to 2.36% on USDT).
- Lower borrowing costs for margin trading, with discounts as high as 7.74%.
- Operational benefits like free ERC-20/ETH withdrawals, free daily AML checks, and the ability to generate multiple deposit addresses for more flexibility and privacy.
Beyond the Exchange
In 2024, WhiteBIT partnered with Visa to launch the WhiteBIT Nova debit card. This product allows users to spend crypto anywhere Visa is accepted, withdraw cash from ATMs worldwide, and earn cashback in WBT or BTC. For many, this has turned WBT from an exchange token into something they can use in their everyday financial life.
How WBT Maintains Value
WBT’s price stability is supported by its deflationary tokenomics. The total supply is fixed at 400 million tokens, and every week WhiteBIT uses part of its revenue — 33% of trading fees and 5% of other income — to buy back and burn WBT. This gradually reduces the number of tokens in circulation, creating scarcity and helping support long-term value.
What This Means for Users
For traders, WBT offers a way to cut costs and access exclusive opportunities on the WhiteBIT exchange. For long-term holders, its combination of consistent growth, real-world use, and supply control makes it a rare example of a lower-risk option in the high-volatility crypto space.
What’s Next
As WBT moves into its fourth year, its strong position within the WhiteBIT ecosystem, ongoing utility upgrades, and disciplined approach to token management suggest it will remain relevant for both active traders and everyday crypto users. In a market often dominated by short-term hype, WBT’s steady track record shows that long-term strategies can pay off.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
