WT is the platform token of the WBEX digital trading platform, known in Chinese as Wanbi Token. It is a decentralized blockchain digital asset based on Ethereum.
WT serves as the base token for WBEX exchange and has the following main functions:
● Used as the trading token on the WBEX exchange
● Used to cover transaction fees on the WBEX exchange
● Used as fuel for account transfers
● Serves as the deposit for applying to become an exchange agent
● Exclusive benefits: Users holding WT will receive occasional gifts
● Platform contribution rewards: The WBEX financial derivatives trading service platform distributes a certain percentage of its monthly profits to high-frequency traders, market promoters, and community builders each month.
● As the base token of the exchange, WT sees high-frequency and substantial trading volumes daily
● Future holders of a certain amount of WT will receive regular dividends (dividends will be in WT)
● The WBEX exchange will repurchase WT annually using 50% of its profits and then destroy them.