Ukrainian cryptocurrency exchange sold all its tokens in 15 minutes

Yesterday, the Ukrainian cryptocurrency exchange WhiteBIT launched the sale of its own WTB token, with trading ending 15 minutes after the start.

Interestingly, the WhiteBIT team had previously set August 31 as the end date for the sale, but users bought 1 million WBT much faster. A total of 5279 users took part in the auction.

WhiteBIT CEO Vladimir Nosov wished the new token a «happy birthday» on his Instagram page and promised the cryptocurrency community new surprises. The next step in WBT’s roadmap is listing on WhiteBIT. The team will announce the token release date in the coming days.

After the start of trading, users shared their impressions of the launch: some were able to buy the desired number of tokens at once, others faced technical problems due to the site’s overload and obviously did not have time to buy a single WTB.

Earlier, representatives of the exchange said that they had issued 400,000,000 WBT in total. Some tokens worth 78 million WBT were sold in a private auction. These tokens will be blocked for 3 months, after which 20% of them will be unblocked every 5 months.