Crypto trading is a popular way to make a profit on the Internet. Crypto-savvy people have long ago understood that this field is incredibly profitable. If you want to be a part of this industry, this article will be helpful.
Success in trading is achieved due to in-depth knowledge of the market and experience. Many young crypto projects are not technically rich and do not bring any usefulness to the market, so having nothing but the hype behind them, they try to raise investments beckoning inexperienced traders. We came up with a list of criteria to help you understand how to pick good crypto to invest in:
- Assets issued by large and well-known crypto exchanges like Binance, WhiteBIT, etc. The credibility of a platform ensures the credibility of assets. Moreover, such assets are usually used for facilitating processes within the platform and bringing loads of benefits for holders. An example of a reliable crypto asset issued by a platform is the WhiteBIT token.
- The project has a large community and regularly conducts competitions and other activities. This is a good sign that the project is “alive” and the community is loyal.
- Regular updates and news about the project itself, tokens, activities, partnerships, etc., is also a good reason to take a closer look at the project.
- The technology underlying the asset. There must be some special benefit that the asset brings to those who own it.
WBT token and Its Benefits
WhiteBIT is a platform where you can buy cryptocurrency, sell it, trade it, or just hold it. The service offers a variety of trading tools such as margin, leverage, futures, spot, etc. The emission of the WBT token brought the platform to a new stage of its development. The token will be used as a basis for other crypto projects and startups deploying their products with the WhiteBIT platform. Token holders receive a lot of benefits, such as zero fees for transactions on the WhiteBIT exchange, free token withdrawals (ERC-20), and many more. So far, the WBT token is available on its native platform, but soon you will find it on other large crypto exchanges.