Convert Exchange Request for Bitbon ERBB to WhiteBIT Coin WBT

The Bitbon System is a form of Community organization as a decentralized social network of economic relations that allows users to realize social relations through tokenized assets using the Bitbon System infrastructure in accordance with the Bitbon System Public Contract ( KEY ELEMENT OF THE BITBON SYSTEM Bitbon digital asset is the key element of the Bitbon System infrastructure, representing software that provides access to the Bitbon System functionalities. Bitbon digital asset is a strictly limited resource of the Bitbon System since it is limited to 100,000,000 Bitbon units. Additional issue of Bitbon units is impossible. Bitbon digital asset is a system-forming digital asset created by Simcord as a result of tokenization of its property. Bitbon digital asset implements a method of accounting of the right to use the company’s property and access to the Bitbon System infrastructure. Bitbon digital asset as the key element of the Bitbon System ensures the ability to make deals in the Bitbon System using tokenized contractual relations. THE ERBB SERVICE The ERBB (Exchange Request for Bitbon) service is a bridge between the Bitbon System and the Ethereum network. The ERBB service is a base service of the Bitbon System, which allows transforming Bitbon units into ERBB units (distributed ledger token of the ERC20 standard in the Ethereum blockchain network) as well as transforming ERBB units into Bitbon units. The ERBB service is a part of the Bitbon System infrastructure that Bitbon System Users are entitled to use on the basis and to the extent provided for in the legal document ERBB Service ( The main function of the ERBB service is promotion and development of the Bitbon System. ERBB token units correspond to the number of units of the specialized Bitbon digital asset software to access the Bitbon System infrastructure in a 1:1 ratio. The total number of ERBB token units in the Ethereum blockchain network cannot exceed the number of Bitbon units blocked in the ERBB service. Max Total Supply of ERBBs cannot exceed 100,000,000 units. DIRECT AND REVERSE TRANSFORMATION OF BITBON AND ERBB The direct transformation is a process of reducing the information and applied nature of the Bitbon digital asset by blocking Bitbon units in the ERBB service and issuing an equivalent number (1:1) of ERBB units for their circulation in the Ethereum blockchain network. The reverse transformation is a process of changing the information and applied nature by burning a certain number of ERBB units in order to unlock an equivalent number (1:1) of Bitbon units to provide access to the Bitbon System. ADDITIONAL INFORMATION The Bitbon System is being developed under a start-up model that envisages 5 stages. The project is currently at stage 4, which includes the launch of key components and services. The project is developed and services are launched in accordance with the Start-Up Roadmap ( The Bitbon System infrastructure includes an ecosystem of services as well as a set of tools for tokenization of socioeconomic relations. The economic and legal model of the Bitbon System envisages the development of a network of regional offices for integration with the market infrastructure of the regions within the framework of the current legislation. One Space ( is the main service for using the functionalities of the Bitbon System infrastructure. USEFUL LINKS Project website: Services: Concept: Roadmap: Annual report on the start-up development: : Legal basis:

What is WhiteBIT Token? WBT is a utility token of the largest European cryptocurrency exchange, WhiteBIT. The platform was established in 2018 and has already become one of the leading crypto exchanges with 3+ mln users worldwide. WhiteBIT’s goal is to contribute to the mass adoption and popularization of blockchain technologies by implementing the most effective trading and staking tools on the most convenient terms. The most popular and efficient trading orders for spot and margin trading, up to 20x leverage for margin and perpetual Bitcoin futures trading, unique passive income tools, a referral program, and the lowest trading fees on the market are only part of the functionality available on WhiteBIT. Discover the full potential of the platform at the link: WBT is a full-fledged product of the whole WhiteBIT ecosystem that is integrated into all WhiteBIT services, making it easier for the users to interact on the platform. WBT is a solid base for dozens of blockchain startups, new projects, and fruitful trading. Moreover, WhiteBIT Token is a reliable asset that can be used for staking on its native platform, which provides numerous perks to its holders and owners. Key advantages: increased referral interest rate (up to 50%); decreased trading fees; free daily ERC-20/ETH withdrawals; free daily AML checks; integration with the current and future products of WhiteBIT and much more. WBT tokenomics The token supply is limited to 400 000 000 WBT, with no new tokens to be created in the future. 200M of this amount is treasury tokens that are backing the total amount and will be unlocked within the next three months after the launch. Trading competitions, airdrops, bounties, beneficial holding programs, and access to the token from other exchange platforms are part of activities associated with the WBT cryptocurrency available on WhiteBIT.