WhiteBIT CoinWBT

The token of the WhiteBIT exchange, which issues it, burns it weekly and uses it as Whitechain's gas.

Rank #15Since August 2022

Price on 31 Oct 2026

C$103.68 +30.7% since 31 Jul 2026 · 16.0% below its all-time high

The short version

WhiteBIT Coin is issued by WhiteBIT, a European crypto exchange founded in 2018, and is the gas coin of its Whitechain network, which moved to an Ethereum OP Stack layer 2 in 2026. WhiteBIT puts 33% of trading fees and 5% of other income into weekly buybacks and burns until half of the 400M supply is gone, burning 32,426 WBT on 1 Oct 2026. About 60% of total supply is not in circulation. On 31 Oct 2026 one WBT cost C$103.68. From 31 Jul 2026 to 31 Oct 2026 its price changed +30.7% in Canadian dollars, and it was 16.0% below its all-time high of C$123.46 set on 23 Sep 2026.^[1]

Facts checked 2 Nov 2026 · 13 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$122.61 (5 Oct 2026) · low C$60.09 (7 Jun 2026) · +33.2%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$103.56	US$74.18
30 Sep 2026	C$118.86	US$83.49
31 Aug 2026	C$99.07	US$71.45
31 Jul 2026	C$79.23	US$56.48
30 Jun 2026	C$68.00	US$47.86
31 May 2026	C$74.34	US$53.88
30 Apr 2026	C$73.37	US$53.85
31 Mar 2026	C$71.58	US$51.35
28 Feb 2026	C$66.21	US$48.54
31 Jan 2026	C$68.68	US$50.64
31 Dec 2025	C$78.09	US$56.98
30 Nov 2025	C$81.78	US$58.50

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026: C$103.68^[1]
3-month change: +30.7% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 16.0% below its high of C$123.46 (23 Sep 2026)^[1]
Market rank: #15, market value about C$12.3B^[1]
Kind: Token · Ethereum (ERC-20) and Tron; native gas coin of Whitechain
Started: August 2022

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?NoNo mint function in the contract; 400M fixed maximum^{[2, 3]}

Can anyone freeze or take coins from holders?YesThe owner wallet can blacklist addresses, destroy their funds and pause transfers^[2]

Can the token's contract code be changed?NoFixed contract code on Ethereum, not a proxy^[4]

Is the supply capped?Yes400M maximum with no mint function; burns reduce supply^{[2, 3]}

Any scheduled unlocks in the next 12 months?Not disclosedTrackers show the cliff schedule ended in 2026; no release plan for 175M non-circulating WBT^{[5, 6]}

Does a team or foundation hold over 10% of supply?Not disclosedFunds 1 and 2 (85% at launch) have no named holders; 60% of total supply is outside circulation^{[5, 6]}

Do network fees reach coin holders?Yes33% of trading fees and 5% of other income fund weekly buybacks and burns^{[7, 8]}

Main network hacked or halted in the past 2 years?NoNo exploit of the token contract or Whitechain found in the DefiLlama hacks list^[9]

Is a regulator or court case targeting the coin itself?NoNo regulator or court case naming WBT or WhiteBIT found; MiCA authorisation granted Jun 2026^[8]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Issuer: WhiteBIT (W Group), a European exchange established in 2018; its EU company got MiCA authorisation in Austria in Jun 2026^{[7, 8]}
Admin powers: A single owner wallet can blacklist addresses, destroy their balances and pause all transfers; no mint function^{[2, 4]}
Largest wallets: Two Ethereum addresses hold 36% and 18% of the 165M WBT on Ethereum; 15% sits at a burn address^[4]

Supply

In circulation: 118.69M WBT of a 400.00M maximum (29.7%)^[1]
Fully diluted value: 2.47 times its current market value^[1]
Launch split: Per Tokenomist: Funds 2 53.3%, Funds 1 32%, private sale 14.4%, launchpad 0.3%; cliff unlocks ended in 2026^[5]
Burns: 33% of trading fees and 5% of other income fund weekly burns until 200M remain; 32,426 WBT burned 1 Oct 2026^{[7, 8]}
Non-circulating: About 175M WBT (60% of total supply) are outside circulation; WhiteBIT publishes no release plan for them^{[6, 5]}

Use and fees

Main use: Fee discounts and tiered perks for holders who lock WBT at WhiteBIT; gas and validator stake on Whitechain^{[7, 10]}
Whitechain: Now an Ethereum OP Stack layer 2 (chain ID 1875); public mainnet launch planned for Q4 2026^[10]
Who gets fees: Holders through burns: WhiteBIT buys back and burns WBT weekly from exchange income^{[7, 8]}

Trading

Daily trading: About C$137.4M a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 1.02% of its market value changes hands each day^[1]
20-week average: 11.4% above its 20-week average price^[1]
1-year change: +49.1% in C$^[1]^[11]

History

Not a forecast

Coins ranked 11-50 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 1,080 cases, 157 coins

46% were higher a year later^[12]

Typical result: Median -6% after a year; 61% higher after two years
Lost half or more: 25% within a year
Against Bitcoin: 12% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

1 red flag found

Red flag: The contract owner, a single wallet, can blacklist any address, destroy its balance and pause all transfers (functions confirmed in the verified contract).^{[2, 13]}

WhiteBIT burned 32,426 WBT (about US$2.72M) on 1 Oct 2026 under its weekly buyback programme.^[8]
Whitechain migrated from its own layer 1 to an Ethereum OP Stack layer 2 in 2026; WBT balances carry over and supply is unchanged.^{[10, 3]}
Funds 1 and 2 took 85% of supply at launch; about 175M WBT (60% of total) sits outside circulation with no named holder or release plan (2 Nov 2026).^{[5, 6]}

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.