Top 10 WhiteBIT Listings in Q2

Photo - Top 10 WhiteBIT Listings in Q2
As the second quarter of 2024 wraps up, it's an opportune moment to review the 10 most interesting cryptocurrencies that have recently become available to users of Europe's largest crypto exchange, WhiteBIT.
Each new asset listed on the exchange undergoes a thorough selection process. These assets must not only adhere to the highest security standards but also represent significant technological advancements within the Web3 industry. Here are our picks for this quarter. 

Ethena (ENA) 

A token on the Ethereum blockchain developed by Ethena Labs. This season, the Ethena protocol gained attention thanks to USDe – a "synthetic dollar" whose value is robustly backed by decentralized financial mechanisms. 

The backing for USDe is primarily composed of the cryptocurrency ETH. Its 1:1 peg is maintained through a delta-neutral strategy, which involves opening simultaneous positions: a spot long on stETH (wrapped Ether within the Lido protocol) and a futures short on an equivalent ETH-PERP position.

ENA has been available for trading on WhiteBIT since April 2, paired with USDT, TRY, BTC, and PERP.

Ready to Fight (RTF)

Created by Ukrainian champion Oleksandr Usyk, Ready to Fight is a blockchain platform that functions similarly to dating apps. It assists boxers in finding potential sparring partners by using filters to match specific characteristics, while also enabling fans to stay connected to exciting matches.

The concept for the platform was inspired by real-life challenges. During his preparation for a fight, Oleksandr Usyk faced difficulties with sudden cancellations of sparring sessions due to organizational issues from his partners. This experience prompted his sports director, Serhii Lapin, to propose the idea of creating a global community to facilitate quick and mutually beneficial communications.

Since its launch a year ago, the platform has attracted about 100,000 users, including prominent athletes and coaches.

The World Boxing Council (WBC) signed a memorandum of cooperation with Ready to Fight, seeing it as a valuable tool for discovering talented boxers and organizing fair and transparent fights.

The platform's native token, RTF, is globally accepted at stores that support Mastercard through Apple Pay. Additionally, users can purchase, store, exchange, and sell other cryptocurrencies directly in the app, with options to convert them into RTF tokens.

RTF has been available for trading on WhiteBIT since April 24, paired with USDT.

Аurora (AURORA) 

Aurora is a high-tech, EVM-compatible product offering Aurora Cloud infrastructure, which facilitates the transition of users and decentralized applications (dApps) from the Ethereum ecosystem to the NEAR blockchain. Aurora enables:

  • The launch and interaction with Solidity smart contracts on NEAR;
  • Gas-free movements of assets (including ERC-20 tokens) between Ethereum, NEAR, and Aurora through the Aurora Bridge.

Operating on the NEAR protocol—one of the most efficient third-generation L1 blockchains—Aurora supports all the tools of the Ethereum ecosystem.

AURORA has been trading on WhiteBIT since April 25, paired with USDT.

Wormhole (W) 

Wormhole is a prominent interchain protocol that enables the secure transfer of assets across more than 30 blockchains. Its architecture allows developers to create multi-chain applications using shared liquidity and widespread participation from the crypto community. 

Wormhole covers decentralized finance (DeFi), non-fungible tokens (NFTs), and governance tokens sectors. 

The native token, W, facilitates interchain interactions, allowing for seamless transactions across various blockchain ecosystems.

W has been available for trading on WhiteBIT since April 3, paired with USDT, TRY, BTC, and PERP.

Rayn (AKTIO) 

Rayn is a platform that revolutionizes capital management by merging blockchain technology with traditional financial mechanisms. 

AKTIO is an ERC20 token on the Ethereum blockchain that provides cryptocurrency enthusiasts access to the Rayn ecosystem. AKTIO holders can participate in project development and gain from investment returns.

Staking AKTIO provides:

  • 3% annually for Freedom level participants;
  • 10% annually for World level participants;
  • 15% annually for Elite level participants.

Furthermore, Rayn offers a Visa card that comes with a special IBAN and supports SEPA transfers, facilitating quick transactions in both euro and cryptocurrency.

AKTIO began trading on WhiteBIT on May 6, paired with USDC.

BounceBit (BB) 

BounceBit is a CrDeFi platform specializing in Bitcoin restaking.

The native protocol token, BB, can be traded, staked, used for voting, transaction payments, executing smart contracts, and earned as a reward for being a network validator.

A unique feature of BounceBit is its dual-token Proof-of-Stake (PoS) mechanism, which allows not just BB tokens but also BBBTC—Bitcoin locked in the BounceBit network—to be staked. 

This approach gives BounceBit staking pools a rare combination of good liquidity and low asset volatility, ensuring security and predictability for its users.

BB has been trading on WhiteBIT since May 14, paired with USDT, TRY, BTC, and PERP.

Flux (FLUX)

Flux is a comprehensive decentralized cloud service platform, embodying the concept of 'blockchain as a service'. Initially launched as a fork of the Zcash network, the protocol now features its own decentralized exchange, FluxDEX, and a unique mining algorithm, FluxNode. The platform is actively introducing innovative blockchain-based products. 

FLUX, the ecosystem's native cryptocurrency, is used for network governance and rewarding equipment hosts. 

FLUX has been available for trading on WhiteBIT since May 22, paired with USDT.

DeXe (DEXE) 

DeXe is an infrastructure solution that facilitates the creation of efficient and trustworthy decentralized autonomous organizations (DAOs), offering a broad infrastructure with 50 smart contracts. DeXe's innovative initiatives are poised to address existing challenges within the DAO segment, which has shown signs of crisis. 

For example, DeXe allows for the flexible management of DAO structures, enabling meritocratic delegation of duties that enhance the influence of expert voices or increasing token holder rewards to motivate community involvement. 
Moreover, DeXe enables the creation of proprietary tokens and the use of NFTs as membership keys to DAOs. 

DEXE began trading on WhiteBIT on May 22, paired with USDT.

io.net (IO) 

io.net is a groundbreaking decentralized computing network based on artificial intelligence, providing machine learning engineers with access to affordable, scalable distributed computing resources.io.net partners with specialized DePIN companies like Render, which focuses on image rendering, and Filecoin, which specializes in data storage. These partnerships allow them to offer their specialized services through this network. 

The IO token is used within the io.net ecosystem for services such as transaction fees and buying or selling GPU computing power, and it also supports staking mechanisms. To engage in staking, users must delegate IO tokens to a selected node. 

IO has been trading on WhiteBIT since June 12, paired with USDT, TRY, BTC, and PERP.

FreeBnk (FRBK) 

FreeBnk is a decentralized platform that offers full-fledged digital banking on blockchain. 

Features available on the platform include: 

  • Fast cross-chain exchange of digital assets between various blockchains without using bridges;
  • Money transfers with minimal fees;
  • Low-interest loans;
  • Advantageous mortgage terms for realizing home ownership dreams;
  • Investment opportunities in real assets, and much more.

The native token, FRBK, serves as the internal currency for exchanging various assets and as an investment tool.

FRBK has been trading on WhiteBIT since June 4, paired with USDT.

The list of tickers on the WhiteBIT exchange will undoubtedly continue to expand, and the next quarter will pass just as quickly as the second. Therefore, this compilation will certainly not be our last.