WhiteBIT Crypto Exchange Launched Its Own Blockchain
WhiteBIT launched its own blockchain, WB Network, in August, aiming to promote widespread adoption of blockchain technologies. The launch offers faster transaction processing, reduced fees, and innovative solutions within a transparent user-owned infrastructure.
In just four years, the WhiteBIT cryptocurrency exchange has experienced remarkable growth, with the WB Network serving as a crucial turning point. The team has released their own token, WhiteBIT Token (WBT), conducted a network test, and conducted a retrodrop, leading to the launch of the WB Network blockchain. The project’s primary objective is to proactively integrate technology into the real economy, and the WhiteBIT team has introduced incentive programs, such as a commission and reward distribution system, grant opportunities, and other initiatives.
(With inputs from Shikha Singh)
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