Overview of WhiteBIT
WhiteBIT is a centralized crypto change 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 gives a number of options appropriate for each new and skilled merchants:
- Strong Safety
- 96% of funds saved in cold wallets.
- Superior safety instruments like Net Software Firewall (WAF).
- Common third-party safety audits.
- Numerous 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 novices to follow risk-free.
- Passive Earnings Alternatives
- Lending packages providing as much as 18% curiosity yearly.
- Auto-invest options for normal portfolio development.
- 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 fundamental buying and selling companies:
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 fee gateway for companies and prospects. |
Visa-powered card for world crypto-to-fiat transactions. |
|
WhiteSwap |
Decentralized change supporting DeFi purposes. |
Aggressive Benefits
Moral Practices
WhiteBIT supported humanitarian efforts through the Ukraine battle, utilizing its Whitepay answer to facilitate donations.
Accessibility
Its instruments cater to novices and superior merchants. Demo tokens assist customers follow methods with out monetary danger.
Regional and International Presence
WhiteBIT has partnered with organizations like FC Barcelona and Turkish soccer golf equipment. It additionally plans to increase into extremely regulated markets, together with the U.S.
Passive Earnings and Rewards
Customers can take part in lending packages or earn via buying and selling competitions and affiliate packages. Token burns preserve 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 position in its ecosystem. Listed here are its fundamental options:
Characteristic |
Particulars |
Provide Cap |
400 million cash |
Use Circumstances |
Charge 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 fee gateway permitting companies to simply accept crypto funds seamlessly. It gives safe and scalable options for retailers. WhiteEX, one other WhiteBIT innovation, simplifies crypto-to-fiat conversions for real-world use.
WhiteBIT’s deal with safety, accessibility, and user-centric innovation has helped it develop from a neighborhood enterprise to a significant pressure on the planet. Its alliances and rising ecosystem make it a aggressive possibility for each institutional and retail merchants.