WhiteBIT Coin (WBT)
CryptoScore Pro global score : 61/100 (computed on 2026-10-28)
WhiteBIT Coin (WBT) is an exchange-based token native to the WhiteBIT platform, a centralized cryptocurrency exchange operating primarily in the European and Asian markets. Launched on August 27, 2022, WBT operates as a utility and governance token within the WhiteBIT ecosystem, designed to align incentives between the exchange and its users. Built on the Ethereum blockchain (with a secondary deployment on Tron), WBT serves as a bridge between traders, liquidity providers, and the platform’s long-term growth strategy. Its positioning as a tokenized stake in WhiteBIT’s operations distinguishes it from traditional exchange tokens, which often lack tangible utility beyond trading pairs or fee discounts. The token’s value proposition hinges on its role in staking rewards, governance decisions, and access to exclusive platform features, positioning it as a hybrid between a speculative asset and a functional utility token. However, its centralized nature and origin from a single exchange introduce inherent risks, particularly regarding regulatory scrutiny and market manipulation potential, which are critical considerations for investors evaluating its long-term viability.…
Scores by pillar
| Technology | 69/100 |
|---|---|
| Tokenomics | 38/100 |
| Team | 61/100 |
| Adoption | 62/100 |
| Liquidity | 70/100 |
| Compliance | 58/100 |
Market data
| Price | $78.11 |
|---|---|
| Market cap | $9.28B |
| 24h volume | $77.77M |
| Market cap rank | #18 |
| 24h change | +0.79% |
| 7d change | -6.09% |
| Blockchain | Ethereum |
| Sector | Exchange-based Tokens |
Analysis
WBT is part of the exchange token ecosystem. This utility token operates on the Ethereum chain, with deployment on Tron. It links users to the WhiteBIT exchange via a verified smart contract. The token is used for staking rewards, i.e., earning interest, and for governance. It provides access to exclusive features.