Comparison and Review: USDC vs. WhiteBIT Coin (WBT)
About USDC (USD Coin)
- Symbol: USDC
- Name: USD Coin
- Asset Platform: Ethereum
- Categories: Mantle Ecosystem, Stablecoins, USD Stablecoin, BNB Chain Ecosystem, Solana Ecosystem, Polygon Ecosystem, Gnosis Chain Ecosystem, Arbitrum Ecosystem, Avalanche Ecosystem, Harmony Ecosystem, Moonriver Ecosystem, Near Protocol Ecosystem, Fantom Ecosystem, Moonbeam Ecosystem, Cronos Ecosystem, Metis Ecosystem, Arbitrum Nova Ecosystem, Velas Ecosystem, Optimism Ecosystem, Ethereum Ecosystem, ZkSync Ecosystem, Canto Ecosystem
- Market Cap Rank: 6
- 30-day Price Change: 6%
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Description:
USDC is a fully collateralized US dollar stablecoin. It acts as a bridge between dollars and trading on cryptocurrency exchanges. The technology behind CENTRE enables the exchange of value between individuals, businesses, and financial institutions, similar to how emails are exchanged between service providers and texts are sent between SMS providers. The goal of USDC is to create a more inclusive global economy by removing artificial economic borders.
About WhiteBIT Coin (WBT)
- Symbol: WBT
- Name: WhiteBIT Coin
- Asset Platform: Ethereum
- Categories: Exchange-based Tokens, Centralized Exchange (CEX), Ethereum Ecosystem
- Market Cap Rank: 50
- 30-day Price Change: -1.54%
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Description:
WhiteBIT Coin (WBT) is the utility token of WhiteBIT, the largest European cryptocurrency exchange. WhiteBIT aims to contribute to the mass adoption and popularization of blockchain technologies by offering effective trading and staking tools with convenient terms. The platform provides features such as spot and margin trading, leverage options, passive income tools, a referral program, and low trading fees. WBT serves as an integrated token within the WhiteBIT ecosystem, making it easier for users to interact on the platform. It can also be staked on the native platform, providing various perks to holders.
WBT has a limited token supply of 400,000,000, with no new tokens planned for creation. It offers benefits such as increased referral interest rates, decreased trading fees, free daily withdrawals, free daily AML checks, and integration with current and future WhiteBIT products. The token can be accessed through trading competitions, airdrops, bounties, and other exchange platforms.