Why Do 3M+ Users Choose WhiteBIT? What Is The Secret?

Those wishing to join the world of cryptocurrency are met by various platforms offering their services in this field. Naturally, not all of them are of high quality, and sometimes it all comes down to an ordinary fraud. That’s why one should always pay attention to major market players who have provided their customers with the highest quality and safest services.

Among them is WhiteBIT, a European crypto-exchange from Ukraine. With a team of more than 500 employees and offices all around the world, it has clients from over 150 countries, generating a daily trade volume of $2B+.

Advanced security methods and technologies

One of WhiteBIT’s main priorities is the security of users’ digital assets. We are talking about both global measures implemented by the exchange itself and tools created for users to set. The quality of the security measures used by WhiteBIT got them into the Top 3 of the cer.live safety rating, which makes WhiteBIT almost the most secure crypto exchange in the world.

To prevent hacking attacks, the exchange implemented a Web Application Firewall (WAF), which filters HTML traffic entering the site and blocks any possible hacker attacks. 96% of digital assets are stored in cold wallets, which cannot be accessed without a physical password.

The exchange complies with all necessary security standards in matters of combating money laundering and terrorist financing (AML). To increase the level of security, WhiteBIT also implemented a number of functions that require user participation:

• two-factor authentication (2FA) lets users access the account with a passcode sent to the trusted mobile device;
• high password standards: the exchange will not allow the user to set a password that is too simple;
• auto-logout from the account after a set period of time;
• Anti-Phishing system is used for recognizing the authenticity of letters from the exchange using a special code.

WhiteBIT offers free Demo Tokens designed to help users learn how to use the exchange tools and trading features without the risk of losing real money. To receive Demo Tokens, one must be a registered user and activate the received codes, after which the balance will be replenished with 0.5 DBTC and 1000 DUSDT.

Activation and trading of the Demo Token do not require identity verification (KYC), and obtaining and using it is absolutely free. Such assets open up a number of interesting opportunities for all categories of users: beginners can try their hand at trading and find out if they like it, while experienced traders can try out new strategies and hone their trading skills without the risk of losing real money.

SMART Staking

WhiteBIT has implemented its own variation of one of the most popular tools for crypto investors – staking.

SMART staking is a tool developed by WhiteBIT to enable users to earn passive income from holding cryptocurrencies. Investors can choose from several plans with various digital assets, storage periods, and interest rates. Today, the plans include both top BTC, ETH, USDT, and lesser-known coins. The staking periods range from 10 to 360 days, with interest rates from 0.5 to 30% per annum. Interest payments under the plans are backed by the exchange’s income from margin trading, so there’s no doubt about receiving compensation.

WhiteBIT mobile application

A set of exchange tools is also available to users in a specially developed mobile application. The app is available on AppStore (for iOS) or PlayMarket (for Android). The interface is user-friendly, and there is an opportunity to personalize the settings to make the app as convenient as possible for yourself.

Users are presented with all the tools necessary for comfortable work: spot, margin, and futures trading, SMART staking, fast exchange, etc. The app is regularly updated, and measures are constantly taken to improve the level of security.

24/7 Support

WhiteBIT offers 24/7 support that can help solve technical issues, problems with transactions, etc. Most issues are resolved within a couple of hours. Support operators provide assistance in 12 languages, including English, German, Chinese, Spanish, Arabic, and others. Users can seek help through several communication channels:

-by creating a ticket in the “Support” section of the exchange (in the bottom right corner);

-by writing a letter to the e-mail address of the support service;

-by contacting a support employee in the Telegram chat.

In the world of cryptocurrency, it is only logical to trust the exchanges that have already proven their worth. With more than 3 million users from all over the world, WhiteBIT fits this criterion perfectly. The exchange is constantly growing and developing while catering to all the needs of its community.