WhiteBIT’s WBT Token Hikes 5% Ahead of Listing on Bitfinex

• WhiteBIT’s WBT token has gained over 5% in the past week in light of recent developments.
• Trading for the exchange native token is set to go live on Bitfinex on June 1, 2023.
• The token has been listed on multiple leading crypto exchanges over the past year, including Huobi and MEXC.

WhiteBIT’s exchange native token WBT has gained more than 5% over the past week, in light of recent developments and in anticipation of its upcoming listing on Bitfinex. The listing would come just weeks after WhiteBIT launched a test network of its blockchain.

According to CoinGecko, WBT is among its top 100 cryptocurrencies. At the time of writing, WBT was trading at $4.84, with a market capitalization of more than $697 million. The token’s latest daily trading volume came in at $9.9 million.

WhiteBIT’s representatives primarily informed the community on May 26, 2023, about an upcoming listing on a major crypto exchange without naming it. The community was pleased when WhiteBIT and Bitfinex announced that WBT would be available for trading on the crypto exchange starting June 1, 2023.

In less than ten months, WBT has been listed by major crypto exchanges like Huobi, MEXC, and Gate. As the native exchange token of the WhiteBIT exchange, WBT offers up to 100% trading fee discount, daily anti-money laundering checks, feeless ETH and ERC20 tokens withdrawals, and a bonus increase for the referral rate to up to 50%, among other benefits.

WhiteBIT’s listing on Bitfinex will make it available to the most prominent members of the crypto community. As one of the top three crypto exchanges by capital, Bitfinex attracts professional traders and experienced investors.

As per the listing schedule shared by WhiteBIT, Bitfinex opened WBT deposits on May 30, 2023. Users will be able to trade WBT starting at 10:00 UTC on June 1, 2023. Bitfinex will open WBT withdrawals on June 2, 2023. The crypto exchange will offer two trading pairs for the token, WBT/USD and WBT/USDT.