WhiteBIT Coin (WBT) is the utility token of WhiteBIT, a centralized cryptocurrency exchange founded in 2018 that describes itself as the largest exchange of its kind in Europe, serving more than three million users worldwide. The token is designed to integrate across WhiteBIT's trading, staking, and referral services, giving platform participants access to fee arrangements and other features within that ecosystem. It is aimed at anyone who uses or intends to use the WhiteBIT exchange and wants deeper access to its functionality.
WBT is not a blockchain in its own right; it does not have its own consensus algorithm or block time, and the stored data records a block time of zero. Instead it exists as a token on external networks, with its categories indicating presence in both the Ethereum and Tron ecosystems. Inside the WhiteBIT platform it functions as a utility instrument, enabling staking, fee arrangements, and participation in the exchange's referral program, all governed by WhiteBIT's centralized infrastructure rather than by an on-chain protocol.
The stored data does not include a protocol-level fee stream, so this site carries no figures for fees collected, distributed, or retained by the token itself. What is recorded is trading activity: 24-hour turnover stands at 1.194298 times market capitalization over a 24-hour period, and 30-day average volume equals 1.030315 times market capitalization over that 30-day window, indicating a high ratio of trading volume relative to the token's market size. The fee economics of the WhiteBIT exchange itself — who pays, who receives, and what the platform retains — are not represented in this dataset, so fee-based measures common on this site are not applicable here.
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