Overview of WhiteBIT
WhiteBIT is a centralized crypto alternate providing instruments for merchants of all ranges. Right here’s a fast abstract:
Characteristic |
Particulars |
Based |
2018, in Kharkiv, Ukraine |
Founder |
Volodymyr Nosov |
Customers |
5.5+ million |
Buying and selling Quantity |
$6 billion (spot) each day |
Supported Belongings |
300+ cryptocurrencies, 600+ buying and selling pairs |
International Attain |
Operates in 150+ international locations |
Key Options of WhiteBIT
WhiteBIT affords a number of options appropriate for each new and skilled merchants:
- Sturdy Safety
- 96% of funds saved in cold wallets.
- Superior safety instruments like Internet Software Firewall (WAF).
- Common third-party safety audits.
- Various Buying and selling Choices
- Spot, margin, and futures buying and selling with as much as 100x leverage.
- Integration with TradingView for superior charting and evaluation.
- Consumer-Pleasant Expertise
- Multilingual 24/7 buyer assist, together with voice help.
- Demo tokens for newcomers to follow risk-free.
- Passive Revenue Alternatives
- Lending packages providing as much as 18% curiosity yearly.
- Auto-invest options for normal portfolio progress.
- Low Charges
- Spot buying and selling charges capped at 0.1%.
- Futures buying and selling charges begin as little as 0.0585%.
- WBT holders obtain as much as 80% payment reductions.
WhiteBIT Ecosystem
WhiteBIT has constructed a fancy ecosystem that extends past primary buying and selling providers:
Product/Characteristic |
Description |
Whitechain |
Blockchain with Proof-of-Authority (PoA) for scalability and effectivity. |
WhiteBIT Token (WBT) |
Native token providing payment reductions and staking rewards. |
Whitepay |
A crypto cost gateway for companies and prospects. |
Visa-powered card for world crypto-to-fiat transactions. |
|
WhiteSwap |
Decentralized alternate supporting DeFi functions. |
Aggressive Benefits
Moral Practices
WhiteBIT supported humanitarian efforts in the course of the Ukraine battle, utilizing its Whitepay answer to facilitate donations.
Accessibility
Its instruments cater to newcomers and superior merchants. Demo tokens assist customers follow methods with out monetary threat.
Regional and International Presence
WhiteBIT has partnered with organizations like FC Barcelona and Turkish soccer golf equipment. It additionally plans to develop into extremely regulated markets, together with the U.S.
Passive Revenue and Rewards
Customers can take part in lending packages or earn by way of buying and selling competitions and affiliate packages. Token burns maintain WBT’s provide deflationary, driving worth for holders.
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WhiteBIT Coin (WBT)
WBT is the spine of Whitechain and performs a key function in its ecosystem. Listed here are its predominant options:
Characteristic |
Particulars |
Provide Cap |
400 million cash |
Use Instances |
Payment reductions, staking rewards, and ecosystem funds. |
Interoperability |
Helps Ethereum (ERC-20) and Tron (TRC-20) tokens. |
Present Value |
$28 (as of January 2024) |
Whitepay and WhiteEX
Whitepay is a cost gateway permitting companies to simply accept crypto funds seamlessly. It affords safe and scalable options for retailers. WhiteEX, one other WhiteBIT innovation, simplifies crypto-to-fiat conversions for real-world use.
WhiteBIT’s concentrate on safety, accessibility, and user-centric innovation has helped it develop from an area enterprise to a significant drive on this planet. Its alliances and rising ecosystem make it a aggressive possibility for each institutional and retail merchants.
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