WhiteBIT Coin (WBT), the native cryptocurrency of leading European exchange WhiteBIT, is celebrating its third anniversary this August with impressive market stats. Launched in 2022, WBT has recorded steady growth in both adoption and price, recently achieving an all-time high and maintaining a top-35 global ranking by market cap.
Steady Growth Since Launch
WBT entered the market at $1.90 and has since surged over 2,200%, reaching $43.79 as of August 7. In June 2025, the token hit an ATH of $52.27 and has since traded steadily between $42 and $47. With a market capitalization exceeding $6.2 billion, WBT stands out among exchange-linked tokens for its price resilience.
The token’s supply is capped at 400 million, with roughly 148 million in circulation. A weekly burn mechanism, linked to platform revenue, has already removed over 76 million coins from supply, reinforcing long-term scarcity.
Ecosystem Integration Drives Demand
WBT’s stability is closely tied to its role within the WhiteBIT ecosystem. Holders enjoy reduced trading commissions, enhanced referral rewards, free AML checks, and fee-free ERC-20 withdrawals.
The token also powers Whitechain, WhiteBIT’s Proof-of-Authority blockchain, where it is used for transaction fees and core network operations. This dual utility — on-platform and on-chain — has contributed to sustained demand.
“We launched WBT only when the ecosystem was ready,” said Volodymyr Nosov, Founder and President of WhiteBIT Group. “Its performance today reflects the real use behind it — not just market conditions. WBT holds up even when the broader market doesn’t.”
About WhiteBIT
Founded in 2018, WhiteBIT is Europe’s largest cryptocurrency exchange by traffic, serving over 8 million users worldwide. The platform offers 780+ trading pairs, supports 330+ assets and 9 fiat currencies, and partners with global brands including Visa, FACEIT, FC Barcelona, Juventus, and the Ukrainian national football team.
