What are the fundamental principles of any blockchain technology? They are transparency and immutability. WhiteBit Coin (WBT) is a blockchain protocol that assures transparency and immutability in all its transactions. Its motto is to ease business transactions for everyone and make their lives better.
Whitbit Coin works on the following principles.
- Stability: The platform ensures stability and transparency across all environments. The platform uses routine testing to identify and tackle any potential disruptions likely to occur on the platform.
- Security: The platform uses robust encryption techniques and authentication protocols to ensure that no data is leaked to hackers.
- Simplicity: The Whitebit chain is known for its simple, easy-to-use interface. Users without any solid technical knowledge can also use this platform with ease.
- Speed: The optimized and advanced use of technology ensures that the platform is fast in implementing the transactions.
- Ecological Sensibility: Whitebit is conscious of the ecological instability caused by the increased use of technology. It uses Proof-of-Authority (PoA) consensus to increase ecological sensibility.
- Transparency: The information shared on the platform is visible to all its users. Users can verify them before deciding on major issues.
What Is A WBT Token?
WBT is the native token of the WhiteBit blockchain platform. The token is ERC-20 compatible. Traders should hold a certain amount of this coin to have voting rights on the platform. They are also entitled to discounted fees, free Anti-Money Laundering (AML) services, and increased referral awards.
The following figures will show the current market trends of WhiteBit Coin.
Current Market Price: $9.95
Market Capitalization: $1,434,599,842
Fully Diluted Valuation: $3,520,917,950
24 Hour Trading Volume: $7,984,200
Circulating Supply: 144,118,517
Total Supply: 353,708,023
Maximum Supply: 400,000,000
WhiteBIT Coin (WBT) Price Prediction
The current market price of WBT is $9.95.
The expected increase in the price of WBT during the short-term period of May to December 2024 is shown in the table below.
| Year | Yearly Low | Yearly Average | Yearly High |
| May 2024 | $5.33 | $5.73 | $18.14 |
| June 2024 | $4.39 | $4.73 | $5.06 |
| July 2024 | $14.11 | $15.17 | $16.23 |
| August 2024 | $14.92 | $16.04 | $17.16 |
| September 2024 | $15.72 | $16.91 | $18.09 |
| October 2024 | $16.53 | $17.77 | $19.02 |
| November 2024 | $17.34 | $18.64 | $19.95 |
| December 2024 | $18.14 | $19.51 | $20.87 |
The price prediction for the years 2024, 2025, 2026, 2027, 2028, 2029, and 2030 is shown in the table below.
| Year | Yearly Low | Yearly Average | Yearly High |
| 2024 | $16.30 | $20.38 | $24.45 |
| 2025 | $33.31 | $41.64 | $49.97 |
| 2026 | $68.08 | $85.10 | $102.11 |
| 2027 | $139.12 | $173.90 | $208.69 |
| 2028 | $284.32 | $355.40 | $426.48 |
| 2029 | $581.05 | $726.31 | $871.57 |
| 2030 | $1187.45 | $1484.31 | $1781.17 |
The technical analysis indicators show neutral trends.
The 50-day SMA and the 200-day SMA of WBT are $9.14 and $ 7.05 respectively.
Also, Read: Tips To Calculate The Crypto ROI
Where And How To Buy WhiteBit Coin (WBT)?
You can buy WBT on centralized exchanges such as WhiteBit, MEXC, and HTX.
You can buy WBT from any exchange where it is listed. Follow these steps to buy a WhiteBit Coin.
- Select a crypto wallet or any other secure payment method such as a credit card or debit card that is compatible with the selected exchange.
- Create an account on the exchange and provide the necessary personal details for verification.
- Connect the wallet to WBT’s purchase page on the exchange, transfer the required amount, and purchase WBT.
- Complete the transaction. The coins you purchased will now be credited to your account.
- Store your WBT tokens in any hardware wallet or cold wallet from being exposed to any security threats.
The Bottom Line
The price of WBt has increased by 113.16% in the last 1 year. The neutral market trends and the fairly good figures of the 50-day SMA and the 200-day SMA are signs that WBT is a profitable buy in the coming years.
However, WBT, like any other cryptocurrency, is subject to market risks. So you should make investment decisions only after considering the various elements that the market trends.
