$WBT is a token used on the WhiteBIT exchange, as well as other WhiteBIT platforms and services. WBT allows its holders to reduce trading fees and receive benefits from using the exchange.
WBT provides numerous integrations with exchange products that are divided into two main groups: bonuses for owning and for holding the token. They include: Increased referral rate, Reduction of trading fees, Commission rebate, Free withdrawal, and Free AML checks.
A portion of tokens is used as a basis for ensuring the stability of the exchange as a whole by creating various funds for support and development.
The token is developed to be a fully-fledged infrastructural product that will unite the WhiteBIT ecosystem with new exchange projects created on its basis. WBT will become a platform project for tens of thousands of blockchain startups, as well as a useful and reliable asset, holding which offers multiple benefits to the WhiteBIT users.