WhiteBIT is a cryptocurrency exchange offering comprehensive functionality and many user advantages. Its official website, whitebit.com, provides information about the exchange and its main features, which we will now study.
Advantages and functionality of the platform
The exchange supports many trading pairs, including all major cryptocurrencies such as Bitcoin, Ethereum, Ripple and others. Various features are available for trading and asset management. The main reasons why many users choose this platform are:
- Support for spot and futures trading.
- User-friendly and intuitive interface.
- Competitive commissions (up to 0.1% of the transaction amount) are significant for active traders.
- Loyalty programmes and discounts can reduce commissions even further.
- Advanced security technologies, including two-factor authentication (2FA) and secure cold wallet asset storage.
- Tech support in multiple languages, including English, Chinese and more.
WhiteBIT USD is suitable for beginners and experienced traders due to the conditions mentioned above.
Deposit and withdrawal on the WhiteBIT exchange
WhiteBIT allows depositing and withdrawing funds in various currencies and cryptocurrencies. How does the process of deposit and withdrawal on WhiteBIT in cryptocurrency work:
- Go to the WhiteBIT website and register.
- Find the wallet balances section and select the cryptocurrency you want to deposit.
- Click "Deposit" next to the selected cryptocurrency. A unique address of the wallet to be funded will be provided.
- Use this address to send funds from the wallet or another exchange.
- Once the transaction is confirmed, the funds will be credited to your Whitebit account.
How do I use WhiteBIT USD (US dollars) to deposit? Like many other platforms, this exchange supports buying cryptocurrency from a card. So, using a USD card, you can purchase through a third-party provider.
Please note that WhiteBIT may charge a commission for deposits and withdrawals, so it is recommended to read the terms and conditions of the exchange before making transactions. The deposit and withdrawal procedure may differ slightly depending on the selected cryptocurrency/fiat currency.
Using dollars to deposit, you should be prepared for possible fees from payment providers; these fees can reach 5%, which is not always favourable. We also recommend considering exchangers with WhiteBIT USD, as they offer a more comprehensive selection of payment options.