WhiteBIT Testnet Network Guide

The cryptosphere and blockchain are both expanding at the same rate that the world is constantly evolving. We frequently come across unfamiliar new words in our daily lives. We will discuss testnets, their history, and personal experiences in this article. We'll likewise examine the new testnet right now accessible on the lookout.

What is a Testnet?

A testnet network assumes a fundamental part in the improvement of digital forms of money, like Bitcoin. It is a useful tool for development teams because it allows them to test without affecting the main network's performance.

The digital currency of Testnet-like networks is a copy of the original cryptocurrency. The actual public blockchains of the original cryptocurrencies are unaffected by these networks.

Because these networks are independent of the main blockchain, they provide developers with a secure environment in which they can freely test their code without incurring any penalties on the main blockchain.

When a cryptocurrency exchange creates its own network, it’s a big deal

Today we will discuss a clear example of a testnet. I will share with you how I personally used it and the steps I took. I mean, WhiteBIT, known to everyone and one of the largest crypto exchanges in Europe, shared a tweet discussing the final preparations before launching their new network, eagerly expecting its release to their customers.

The comments on the post made it clear that people needed to find the hidden word, and there were hints it was the word RETRODROP. This means that people who participate in testing the new network will receive certain benefits from WhiteBIT.

How to Enter the WhiteBIT Network’s Testnet — Step-by-Step Guide

As a matter of fact, unlocking all the features of WhiteBIT’s Network and launching it is not rocket science at all. It requires only two pivotal attributes to take up:

The first and foremost step you should take to use the WhiteBIT Network’s Testnet is to get acquainted with its White Paper, in order to receive a comprehensive acknowledgment of the product’s bits and pieces, values, and functionality.

Then, it is time to connect the wallet. Namely, Metamask linking can be carried out in both ways: automatically or manually. To connect the wallet automatically, you should go to WhiteBIT Explorer, and press the “ Select Network “ button in the lower-left corner of the page.

Then, choose the “WB Network” option, and consequently you will receive a direct link to connect the browser-based wallets and QR-code for the smartphone applications.

Still, whether you face issues connecting automatically, here is the manual for you:

1. First, open the Metamask extension

2. Click “Add the network” in the networks list

3. Choose the “Add network manually” option on the page

4. Embed the following data:

• Network name: WB Network;
• New RPC URL: https://rpc-testnet.whitebit.network;
• Chain ID: 2625;
• Currency symbol: WBT;
• Block explorer URL: https://explorer.whitebit.network/testnet;

5. Click “Save.”

Done! Now you are ready to go to the next step.

How to Claim Test Coins

The test WBT coins can be requested via the Faucet in the WhiteBIT Explorer. important to note that the amount of coins is limited to 1 unit for an address every 24 hours.

To receive the coins, you should simply enter your wallet’s public address and press the “Claim” button. After that, the assets should be in your wallet and you will take up your journey within the Testnet.

Additionally, you can deploy the smart contract with the tool and verify it in the WB Network’s Testnet. When carrying out a smart contract, this instruction was of great help to me.

To verify the previously deployed smart contract on WB Explorer, you should go to the verification contract page, upload the contract’s files and insert the contract’s address into the “Contract Address” blank.

Closing Remarks

Ultimately, the WhiteBIT Network is at zeitgeist right now, and not only due to the upcoming retrodrop. The Network is about to become a prominent contribution to WhiteBIT services and products, shaping them into a solid ecosystem, which is not only a decent marketing case, but also a silver lining for crypto’s future development.

Additionally, the crypto realm is always expanding, and that expansion is clearly evolving thanks to airdrops, retrodrops, and other chances to gain profits without losses. Testnets tend to grant their users such opportunities, spurring the increase of active crypto enthusiasts. Hence, when the exchange releases its blockchain, it also becomes a part and parcel of the powerhouse of the technology.

What is whitebit and its airdrop(free crypto)

WhiteBIT is one of the biggest European exchanges aimed at driving the mass adoption of blockchain technologies by providing our users with a secure and easy-to-use trading platform. It's a centralized crypto-to-fiat exchange with a team of 1000+ members. Having the European licenses, they meet all KYC and AML requirements. WBT is an asset issued by WhiteBIT and grants holders unique opportunities.

WhiteBIT Network Mainnet is almost here and to celebrate it they are allocating a portion of the WBT Ecosystem Fund to a retrodrop. keep WBT in “Holdng”, participle in their testnet and do their Zealy tasks to be eligible for the airdrop when the mainnet goes live.

Step-by-Step Guide:

Airdrop 1: Exchange-related tasks

1. Create an account at WhiteBIT.
2. Complete your KYC verification.
3. Create your WB Soul. WB Souls are the centerpiece of WB Network, created to bridge the on-chain and off-chain worlds, and are the expression of Web3.
4. You will be eligible for an airdrop after creating a WB Soul.
5. The exact amount will be announced at a later stage.
6. Also buy WBT tokens and keep it in “Holding” to get more rewards. There are 11 levels of WBT Holding. The higher the level, the bigger the reward. (Optional)

Airdrop 2: Tasks in the Testnet

1. Complete testnet tasks to be eligible for retroactive airdrop.
2. The exact tasks to be eligible have not been confirmed.
3. You can currently add the WhiteBIT network to Metamask, request testnet tokens and deploy a smart contract.
4. For more info regarding the testnet, read this article.

Airdrop 3: Zealy tasks

1. Visit their Zealy quests page.
2. Complete the quests and earn XPs.
3. Make sure to visit the platform regularly, as new tasks can appear anytime.

All the participants regardless of the tasks need to create WB Soul to be eligible to receive the rewards.

After the Mainnet is launched, all eligible participants who’ve completed the above tasks will receive rewards in WBT. All details will be announced in a separate post.

#wbt_retrodrop #wbt #wb_network #wbnetwork.