WhiteBIT Coin (WBT) Benefits Explained

WhiteBIT Coin (WBT) is the native cryptocurrency of our Whitechain blockchain, seamlessly integrated into the WhiteBIT ecosystem. It not only powers our trading platform but also enhances user experience by simplifying and optimizing interactions with the exchange.

WBT holders enjoy various bonuses that significantly improve their trading experience. The specific bonuses depend on whether the coins are kept on the Main balance or locked in the Holding.

WBT Owning Benefits

Users who store WBT on their Main balance receive discounts on trading fees, namely:

– from 10% to 100% on the maker’s fee;

– from 5% to 80% for the taker’s fee.

The discount percentage depends on the amount of WBT on the Main balance. See the details about the discounts on the WBT Boost page.

WBT Holding Benefits

Holding is a feature that allows locking a selected amount of WBT on our exchange, giving access to a number of attractive features in return:

1. Increased referral reward within our Referral program;
2. Discount on the maker’s fee;
3. Free withdrawal of ERC20 and ETH tokens;
4. Free AML checks;
5. Rewards within SoulDrop;
6. Bonuses for Crypto Lending plans with Tether (USDT);
7. Generation of multiple addresses for deposits;
8. Opportunity to participate in Launchpad.

Let’s explore each benefit in detail.

Increased Referral Rate

For each user who registers on WhiteBIT using your referral link and trades on the exchange, you will normally receive up to 40% of each of his/her trading fee. However, with WBT in Holding, you can earn up to 50% of each trading fee of your referrals.

Discounts on the Maker’s Fee

Thanks to WBT, you can trade on WhiteBIT with a discount on trading, namely up to 100% on the maker fee.

Free Withdrawals of ETH and ERC20 Tokens

Every day, the number of free withdrawals of ERC20 and ETH tokens is credited to WBT holders in Holding. The maximum quantity reaches 1000 pcs./day.

Free AML Checks

AML verification allows you to find out whether an address is involved in money laundering. WhiteBIT Coin holders have the opportunity to carry out such checks daily for free.

Network Fee Distribution

Users who have WB Soul are automatically included in the distribution of fees earned by the exchange, depending on their WB Soul level.

Bonuses for Crypto Lending Plans with Tether (USDT)

Another benefit of keeping WBT in Holding is the interest bonus of Crypto Lending plans with Tether (USDT). The accrual of the bonus starts from the second level of Holding, and its percentage increases according to the level (the higher the level, the higher the bonus) and the plan’s duration. That is, you can now get up to 2.36% bonus on top of your USDT Crypto Lending plan.

Read more here.

Multiple Deposit Addresses

Previously, each user could create only one deposit address per network, which, once generated, became permanent without the possibility of change. With WBT in Holding, users can generate up to 5 deposit addresses for each network and change them as needed. This option is available starting from the first level of Holding. The number of available address generations is displayed in the address generation window.

Refer to the table below for the number of deposit addresses available based on the Holding level.

The Possibility to Participate in WhiteBIT Launchpad

If you keep at least 200 WBT in Holding, you can access WhiteBIT Launchpad. This platform lets you decide which projects join the exchange and gives you access to their assets first. You can read more about Launchpad in a separate article.

As you see, WBT is a powerful tool designed to enhance the capabilities of its holders. It significantly boosts productivity when working with our exchange, helping you get the most out of WhiteBIT.