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Is It Worth Buying ETH And WBT?

WhiteBIT is the largest cryptocurrency exchange in Europe. It operates in over 150 countries, offers over 400 crypto pairs and has over 2 million registered clients. The platform is focused on user safety and implements complex mechanisms to protect the funds and data of investors. At the same time, WhiteBIT developers did their best to create an easy-to-handle platform for those who only begin to work with cryptocurrencies.

ETH to USDT is the second most popular crypto pair on WhiteBIT. First comes BTC USDT.

5 Best Crypto to Buy on WhiteBIT

On WhiteBIT, you can buy 5 most popular crypto assets:

  • BTC
  • ETH
  • SOL
  • XRP
  • ADA.

These are the best cryptocurrencies to buy in 2022. After the market drop, their prices became more affordable. And this is the best time to make a smart investment in promising assets.

Why It is Worth Buying ETH?

Ethereum is the second most traded cryptocurrency on WhiteBIT. As of mid-September 2022, the Ethereum price is $1,426.64. Just a few days ago, the network went through the transition to the Proof-of-Stake consensus mechanism.

The beauty of staking:

  • Unlike mining, staking does not require expensive mining equipment and maintenance. Therefore, staking is affordable to anyone. It requires only registering on a platform that supports staking (WhiteBIT) and locking your funds for some period. In return, you receive passive income.
  • The Proof-of-Stake mechanism significantly reduces transaction fees within the Ethereum network. So it will receive more users and dApps developers.
  • Reduction of the ETH coins inflation.

Amid the recent transition to the PoS mechanism, the ETH price has all the chances to boost in the future. So it is definitely worth buying this asset.

The WhiteBIT platform offers itsinternal token WBT. The asset is not traded on other crypto exchanges yet but will receive a listing in a while. The WBT token owners receive huge discounts on transaction fees within the WhiteBIT ecosystem and access to additional products deployed with the WhiteBIT exchange.

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