Token Vitals

    Crypto Health Check Platform

    Blog
    Back to home

    WhiteBIT Coin

    WBT

    Evaluation Score

    Overall rating on a scale of 0-10

    RiskReturn
    04.010
    Risk Level:
    High
    Recommendation:Speculative position only
    Evaluated:May 11, 2025 (v2)

    Crypto Token Health Score Explained

    Our AI-powered health score evaluates on-chain metrics, community support, tokenomics, and more. This helps DeFi investors understand risk, compare tokens, and make informed decisions. Learn how to analyze DeFi tokens' risk and use these insights for DeFi portfolio risk management.

    AI Analysis

    Comprehensive evaluation of the token

    • Utility & Demand: Provides fee discounts, staking rewards, governance voting, and launchpad access typical of exchange tokens.
    • Development: Virtually no public open-source activity or transparent road-map execution (1/10).
    • Security: No published third-party audits; centralized control increases counterparty risk (4/10).
    • Tokenomics: Deflationary burns vs. inflationary staking—but lacks clear allocation and vesting schedules (6/10).
    • Market Position: Operates in a saturated exchange-token space with limited liquidity and differentiation (4/10).
    • Community & Governance: Moderate user engagement but centralized governance and off-chain voting (5/10).

    Despite solid community backing and basic utility, WBT’s minimal development transparency, lack of audits, and high centralization heighten execution and security risks. Investors should approach with caution.

    Detailed Analysis by Category

    Development Activity

    Code updates and developer engagement

    RiskReturn
    01.010

    Community Support

    Social media presence and community engagement

    RiskReturn
    06.010

    Tokenomics

    Supply, distribution, and utility

    RiskReturn
    06.010

    Market & Use Case

    Value proposition and competitive landscape

    RiskReturn
    04.010

    Team & Governance

    Team background and project governance

    RiskReturn
    05.010

    Security & Audits

    Security history and audit status

    RiskReturn
    04.010

    About WhiteBIT Coin (WBT)

    WhiteBIT Coin (WBT)

    Symbol: WBT
    Type: Utility Token
    Blockchain: Ethereum (ERC-20) & BEP-20 Compatible

    Overview

    WhiteBIT Coin (WBT) is the native utility token of the WhiteBIT cryptocurrency exchange. Designed to streamline platform operations and reward user engagement, WBT empowers traders with fee discounts, staking rewards, governance rights, and access to exclusive features.

    Key Features

    • Fee Discounts: Use WBT to pay trading and withdrawal fees at preferential rates.
    • Staking & Rewards: Stake WBT to earn passive rewards, yield farming incentives, and referral bonuses.
    • Governance Participation: Vote on protocol updates, new listings, and ecosystem proposals using WBT tokens.
    • Launchpad Access: Secure early participation in token sales and exclusive projects through the WhiteBIT Launchpad.

    Utilities & Use Cases

    1. Platform fees: Settlement of trading, listing, and withdrawal fees.
    2. Loyalty tiers: Unlock higher VIP levels and additional benefits based on WBT holdings.
    3. Ecosystem growth: Support new token listings, marketing campaigns, and community initiatives.
    4. Rewards distribution: Receive airdrops, campaign bonuses, and referral commissions in WBT.

    Tokenomics

    • Total Supply: 2,000,000,000 WBT
    • Circulating Supply: Dynamic (subject to burns and staking locks)
    • Burn Mechanism: Ongoing token burns funded by a percentage of platform revenues.

    Get Started

    To acquire WBT, register on WhiteBIT, complete KYC verification, and deposit funds. Trade major cryptocurrencies for WBT or purchase directly in supported trading pairs.

    This description is for informational purposes only and does not constitute financial advice.

    Similar Rated Tokens

    More for DeFi Investors

    • Yield Farming Analysis: Discover the best tools and strategies for maximizing your returns from yield farming in DeFi.
    • AI vs Fundamentals: See how Token Vitals combines AI crypto price prediction with fundamental analysis for a balanced investment perspective.
    • Risk Scores Explained: Learn how our crypto risk scores differ from traditional credit scores and what that means for your portfolio.
    • On-Chain Metrics: Understand which on-chain metrics matter most when investing in tokens and how to use them effectively.
    • US Investor Analytics: Access crypto analytics designed for US investors, including features to help with tax tracking and compliance.
    • Finding Value: Explore our data-driven lists to uncover top undervalued DeFi tokens for 2025 and beyond.