What is WLD? Why is everyone rushing to scan their irises?

WLD (Worldcoin Token) is the native token of the Worldcoin ecosystem, created by OpenAI CEO Sam Altman and the Tools for Humanity (TFH) team, with the core concept being digital identity for humanity.

In this era of rapid AI growth where distinguishing between real and fake is difficult, Worldcoin has launched a system that verifies you as a unique real person by scanning your iris with a device called Orb, generating a decentralized identity (World ID). After verification, you can receive WLD tokens as a reward.

Worldcoin emphasizes privacy and anonymity, with iris images being instantly deleted without backup and not uploaded to the cloud. The purpose of verification is only to prove that you are human, not to know who you are.

What can be done with the received WLD?

After completing the iris scan, the system will issue a certain amount of WLD tokens to your World App wallet. These WLD tokens have several common uses:

• Convert to other cryptocurrencies (e.g., USDT or GT)
• Participate in Web3 blockchain applications, such as decentralized finance (DeFi) or DAO voting.
• Hold and observe: bullish future potential, as an investment asset
• Future use in the World ecosystem applications, such as login authentication, obtaining specific services, etc.

Currently, WLD has been listed on multiple mainstream exchanges, including Gate, and can be easily and quickly exchanged for USDT.

How to get started? A beginner’s easy guide

Step 1｜Book an iris scan

According to official World information, Taiwan has currently opened Worldcoin verification points, including:

Source:https://world.org/find-orb?country=TW

Remember to bring your phone, do not wear pupil magnifiers, the scanning process will be completed within a few minutes, and you will obtain your World ID on the spot.

Step 2｜Download World App

Search for “World App” in the App Store or Google Play and download it. After logging in, connect to the account you just verified, and you will be able to view your WLD balance in the app.

Step 3｜Transfer WLD to Gate

1. Open World App, select “Transfer” → “Withdraw WLD”
2. Open the Gate official website / App, log in to your account, go to “Wallet” → “Spot Account” → search for WLD, and click on “Deposit”.
3. Copy your WLD wallet address and paste it into the World App to transfer out.
4. Waiting for blockchain confirmation (approximately a few minutes)

Step 4｜Convert WLD to USDT

1. After the transfer is completed, return to the Gate “Trading” page.
2. Search for the “WLD/USDT” trading pair and click on “Sell WLD”
3. Choose market or limit trading, and after confirmation, you will receive USDT.

If you want to withdraw to TWD, you can convert USDT to platforms that support TWD withdrawals and are legal (such as BitoPro, MAX), among other methods.

Why is Taiwan a key market?

Worldcoin stated that Taiwan is one of the 23 key countries they are promoting globally, for reasons including:

• The internet infrastructure is complete, and the mobile network penetration rate is high.
• Have an active developer community and Web3 ecosystem
• Taiwan users have a high level of concern regarding personal data security and online authenticity.

This also makes Taiwan one of the first regions in Asia to promote “digital human identity verification.”

Why do the people of Taiwan need World ID?

According to a survey by World and Ipsos, 88% of Taiwanese people are concerned about being unable to distinguish between humans and robots online, and almost everyone agrees that technology should be used to prove “I am a real person.” In response to this demand, World ID was born, allowing Taiwanese users to prove they are unique humans in the most privacy-safe way during online interactions.

The Taiwanese government actually launched the “AI Taiwan Action Plan” as early as 2018, showing Taiwan’s proactive acceptance and planning for AI technology. World provides a practical tool that helps implement the development vision of “Trustworthy AI” in this plan. Taiwanese users only need to download the World App, and then verify their real identity on-site through the Orb device to start using the World ecosystem and receive free WLD tokens. The verification process is completely anonymous, and all personal data is stored only on your phone, which means that World itself or any third party cannot access it, allowing users to truly control their digital identity and data sovereignty.

Safety Classroom: Why is using Gate more reassuring?

Figure:https://www.gate.com/

When transferring WLD and exchanging it for USDT, it is crucial to choose a safe and stable platform. Gate, as one of the world’s most well-known cryptocurrency exchanges, has consistently ranked among the top ten globally and offers the following advantages:

1. Complete security mechanisms:
   Gate uses multi-signature wallets, cold and hot wallet separation, user login verification, and other methods to ensure the security of every asset. At the same time, it also provides features such as transaction passwords and two-factor authentication (2FA) to strengthen account protection.
2. Fiat deposit and withdrawal convenience:
   For Taiwan users, Gate supports USDT deposits and withdrawals, and can be converted with local trading platforms that support TWD withdrawals (such as MAX, BitoPro), with a transparent and compliant deposit and withdrawal process.
3. Customer Service and Community Support:
   Beginners often encounter issues during transfers and deposits. Gate provides 24-hour online customer service and a wealth of tutorials for beginners, allowing for quick assistance. In addition, there are many enthusiastic users in communities like Telegram and Discord who are willing to help.
4. Stable reserves, leading the world:
   Gate is the world’s first platform to commit to a 100% reserve, exceeding the industry benchmark by over 20%, with a total reserve rate of 123.09% and an excess reserve of up to 1.96 billion USD, firmly ranking fourth globally.

For this reason, transferring WLD to Gate is not only convenient and fast, but also expands your Web3 investment options.

Financial Strategy: What else can be done after WLD arrives at Gate?

After completing the conversion from WLD to USDT, many users will ask: What can be done next?

At this time, Gate offers a variety of financial tools and strategies that can help you achieve asset appreciation while ensuring the safety of your assets:

1. Earn
   Depositing USDT into Gate’s flexible wealth management products can yield annualized returns, with some cryptocurrencies exceeding 5% annualized. You can also choose fixed-term wealth management for higher interest rates during the lock-up period.
2. Participate in Launchpad, Startup and other new coin subscriptions
   Gate regularly launches early bird subscription events for new projects, where participants can use USDT and other assets to acquire newly listed tokens at a low cost. In the past, several projects have delivered multiple times in returns.
3. Liquidity Mining / DeFi Aggregator
   If you are familiar with decentralized finance (DeFi), you can use the Gate DeFi platform to participate in mining by providing USDT or other assets as liquidity to earn platform tokens or other rewards.
4. Set Price Alert / Auto Order
   Don’t want to keep an eye on the market all the time? You can set price alerts or pre-set buy/sell price points to reasonably control your entry and exit timing.
5. Diversified asset allocation
   Don’t put all your eggs in one basket; you can allocate part of your assets to BTC, ETH, SOL, etc., to reduce overall risk.

Start my financial management journey: Recommended gameplay combinations

After completing the verification of Worldcoin and receiving WLD, you can start your journey in cryptocurrency finance. Here is a practical combination strategy suitable for beginners, allowing you to gradually establish a mindset for digital asset allocation:

Step 1 | Clarify asset structure and convert to stable base currencies.

WLD is an emerging asset with significant price volatility. Beginners are advised to first exchange it for the more stable and widely used USDT stablecoin as a starting point for financial management. This step can be quickly completed through Gate.

Step 2 | Start a low-threshold “passive income” plan with USDT

Deposit your USDT into Gate’s Yubi Treasure or other flexible financial products, allowing your assets to appreciate automatically and earn daily interest. Compared to active trading, this method is more suitable for users who are just starting out and hope to build steadily.

Step 3 | Try to participate in new coin projects to capture early growth dividends.

On Gate, Startup / Launchpad is an important channel for discovering potential coins. You can participate in new project subscriptions with a small amount of USDT and experience the early growth process of a project “from 0 to 1” by reasonably allocating funds and controlling risks.

Step 4 | Build a diversified asset portfolio

Don’t put all your funds into one asset. You can gradually allocate BTC, ETH, or popular track currencies like AI, RWA, L2 based on USDT, reducing risk while retaining upside potential.

Step 5 | Regularly review and adjust to develop good investment habits

Regularly check asset allocation ratios, financial returns, and market changes, and adjust positions in a timely manner. Combine market hotspots with your own accumulated experience to gradually form your exclusive investment logic and decision-making framework.

Taiwan Exclusive! Claim the Gate Newbie Gift Pack

After completing the OpenAI Worldcoin iris verification, don’t just stop at receiving WLD. Gate has specially launched the “10,000 USDT New User Welcome Package” activity for new users in Taiwan, assisting users to further step into the crypto world, receiving coins and trading in one go!

Event time

June 25, 2025 16:00 - July 15, 2025 00:00 (UTC+8)

Event 1: Top up WLD to receive 5 USDT

During the event period, the first 1,000 users who complete the WLD deposit will receive a 5 USDT contract experience coupon, first come first served, while supplies last.

Activity 2: Complete your first contract trade to receive an additional 5 WLD

Complete your first contract transaction during the event period to receive an additional reward of 5 WLD, limited to 1,000 participants.

For more information about the event, please see:https://www.gate.com/campaigns/1316

Conclusion

Worldcoin offers a unique “entry ticket,” a way to acquire WLD without needing to invest principal. Gate, on the other hand, is one of the best platforms to cash out, manage, and grow these assets. By mastering the above operational procedures, you can build your own crypto wallet from scratch and embark on a secure and strategic financial journey in the Web3 world.