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    Home»Crypto Market Trends»What is WhiteBIT? A Guide to the Leading Crypto Exchange
    Crypto Market Trends

    What is WhiteBIT? A Guide to the Leading Crypto Exchange

    Team_SimonCryptoBy Team_SimonCryptoJanuary 22, 2025No Comments3 Mins Read
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    Overview of WhiteBIT

    WhiteBIT is a centralized crypto trade 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) day by day

    Supported Property

    300+ cryptocurrencies, 600+ buying and selling pairs

    World Attain

    Operates in 150+ nations

    Key Options of WhiteBIT

    WhiteBIT provides a number of options appropriate for each new and skilled merchants:

    1. Strong Safety
      • 96% of funds saved in cold wallets.
      • Superior safety instruments like Net Utility Firewall (WAF).
      • Common third-party safety audits.
    2. 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.
    3. Person-Pleasant Expertise
      • Multilingual 24/7 buyer help, together with voice help.
      • Demo tokens for inexperienced persons to follow risk-free.
    4. Passive Revenue Alternatives
      • Lending applications providing as much as 18% curiosity yearly.
      • Auto-invest options for normal portfolio progress.
    5. 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 posh ecosystem that extends past primary 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 clients.

    Crypto Debit Card

    Visa-powered card for world crypto-to-fiat transactions.

    WhiteSwap

    Decentralized trade supporting DeFi purposes.

    Aggressive Benefits

    Moral Practices

    WhiteBIT supported humanitarian efforts in the course of the Ukraine battle, utilizing its Whitepay resolution to facilitate donations.

    Accessibility

    Its instruments cater to inexperienced persons and superior merchants. Demo tokens assist customers follow methods with out monetary threat.

    Regional and World 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 Revenue and Rewards

    Customers can take part in lending applications or earn by means of buying and selling competitions and affiliate applications. Token burns preserve WBT’s provide deflationary, driving worth for holders.

    Subscribe to Coinbackyard and browse extra crypto trade critiques! 

    WhiteBIT Coin (WBT)

    WBT is the spine of Whitechain and performs a key function in its ecosystem. Listed here are its major 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 just accept crypto funds seamlessly. It provides 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 an area enterprise to a serious power on this planet. Its alliances and rising ecosystem make it a aggressive possibility for each institutional and retail merchants.



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