There are many different digital assets and projects in the market, so a beginner investor may face difficulties picking one to invest in. Let’s see what factors you should consider for efficient investments:
- First of all, pay attention to the top traded crypto assets that have the biggest liquidity and trade volume; these are BTC, SOL, ETH, etc.
- Also pay attention to tokens of large and credible crypto exchanges, for example, Binance, WhiteBIT, etc. They also issue digital assets.
- Look for tokens used in popular blockchain games and metaverses. With their community expanding, token rates also increase.
- Look for NFT marketplaces.
Let’s discuss the option of buying assets that belong to some large platforms, for example, the WBT token.
What is WBT About?
This is a token issued by the biggest exchange in Europe -WhiteBIT. The platform has over 2 million active users and has gained an excellent reputation in the crypto community. It offers all possible financial tools starting from elementary p2p exchange to complex futures trading, advanced bots, smart staking, etc. In August 2022, the exchange developers launched its own crypto – the WBT token. The token is now actively used to reduce transaction fees within the WhiteBIT exchange and provides access to various profitable products. The WBT owners also have additional interest in the affiliate program.
The most popular pair with this asset is WBT USDT. Looking at the chart by this link, we can see the current WBT price is 11 dollars. So it is quite an affordable crypto asset to buy now. The token’s price has significantly increased since its launch, and its value may skyrocket after listing on other exchanges.
So far, WBT is traded on the WhiteBIT and Huobi exchanges, but shortly it will be listed on other large digital assets exchanges. To buy crypto on WhiteBIT, register on it and, using your bank card, move funds to your account, then place an order for buying WBT, and you will get in in seconds. Then you can use it for trading on crypto exchange, stake, or hold it. Note that part of the tokens is locked for some time to maintain their demand.