WTC on Binance: An Overview of Waltonchain’s Journey
Waltonchain (WTC) is a blockchain project that aims to combine blockchain technology with the Internet of Things (IoT), particularly for supply chain management. Named after Charlie Walton, the inventor of RFID (Radio-Frequency Identification), Waltonchain seeks to build a decentralized ecosystem that improves tracking, verification, and transparency across global supply chains.
WTC Token Utility
The WTC token is the native cryptocurrency of the Waltonchain ecosystem. It plays a key role in:
Paying transaction fees on the Waltonchain network
Rewarding nodes for maintaining the blockchain
Participating in governance (like voting on proposals)
Interacting with dApps built on Waltonchain
WTC on Binance
Binance, one of the world's leading cryptocurrency exchanges, previously listed WTC for trading across various pairs, including WTC/BTC, WTC/ETH, and WTC/USDT. For a long time, it provided strong liquidity and accessibility for the token.
However, in September 2021, Binance delisted WTC, citing factors like low trading volume and project maintenance concerns — a decision that echoed across the crypto community. After the delisting, users could no longer trade WTC on Binance, and withdrawals were disabled after a certain grace period.
Current Status & Alternatives
Despite its delisting from Binance, WTC can still be traded on a few other exchanges, though with less liquidity. The Waltonchain team continues to develop its ecosystem, particularly around smart logistics and product traceability.
