What WhiteBIT Coin represents
WhiteBIT Coin (WBT) is an exchange-issued utility token, currently ranked 16th by market capitalization among the assets we track. WhiteBIT Coin exists to bind users to an exchange. It functions like a membership token — discounts and access in exchange for holding — so its fortunes are closely linked to that single venue's health.
WhiteBIT Coin (WBT) is the native cryptocurrency of the WhiteBIT exchange, designed to enhance trading on the platform and provide users with various benefits. It serves as a utility token for fee discounts, staking, and other features within the WhiteBIT ecosystem.
How the token captures exchange value
The link between WhiteBIT Coin and its exchange cuts both ways. Strong volumes and aggressive burns support the token; regulatory trouble or volume flight at the parent venue hits it directly.
Background & fundamentals
In sector terms it is most often filed under Centralized Exchange (CEX).
Where WhiteBIT Coin sits in the market
At $47.06, WhiteBIT Coin carries a market capitalization of $6.78B. Around $128.56M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 1.90% of the float — on the quieter side, which can mean thinner liquidity for large orders.
About 92% of the hard cap of 400M WBT has been minted, leaving only modest issuance ahead. WBT trades about -27% below its all-time high of $64.48, within reach of prior peaks. Measured from its all-time low of $4.91, WBT is up +859%.
What the price history shows
The tape currently reads 24-hour -1.46%, 7-day -7.04%, 30-day -11.17%, 1-year +65.41%. Across roughly the last 89 days of daily candles, WBT endured a peak-to-trough drawdown of about 14% before stabilizing.
Volatility profile
Recent action puts WhiteBIT Coin in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the last 30 days the move totals -11.17%, a useful input for stop placement and position sizing.
How to evaluate an exchange token like WhiteBIT Coin
The honest checklist for WBT is short:
- Exchange health — the trading volume, market share, and regulatory standing of the platform behind WBT.
- Burn or buyback policy — how exchange revenue translates into reduced WBT supply over time.
- Concentration risk — how dependent the token is on a single venue, and what happens if that venue stumbles.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
