Against the background of rapid development of projects connected with cryptocurrency, NFTs, blockchain gaming, etc., the attention of numerous people around the world turned to this industry, and many are willing to become a part of it. The crypto market offers many platforms that allow conducting operations with digital assets. That are simple exchanges and centralized and decentralized exchanges pervading the crypto space.
Crypto exchange is a website or platform that allows carrying out operations with digital currency, first of all, buying, selling, and swapping coins. Centralized exchanges are large sites with many crypto pairs, a high level of user protection, and numerous earning opportunities for clients. Such platforms keep users’ funds on their servers and provide a high level of safety for them. The largest and more reliable exchanges are:
- Binance
- Kucoin
- White BIT
- Huobi
- EXMO
In this article, we will take a closer look at the White BIT exchange and see what its users comment on it.
Features of White BIT
The company was founded by Ukrainian businessmen and registered in Estonia. The platform has received a license from the European regulator, which means the company operates officially. The platform offers over 400 trading pairs and trading against fiat. The White BIT exchange made it to one of the best exchanges in cryptocurrency ratings with more than 500 thousand registered users.
The crypto exchange is centralized but also offers a decentralized DEX platform. Using the DEX, clients make a profit by providing liquidity.
White BIT crypto platform offers:
- Codes – for quick transactions between users
- P2P trading
- margin trading for BTC/USDT, ETH/USDT, ETH/BTC
- Opportunity to purchase cryptocurrency for fiat and use a bank card
- Smart staking that allows to earn up to 45%.
Let’s run through reviews. Many White BIT clients noted a high level of safety when working with the exchange they previously lacked working with other crypto platforms. However, some users say it takes time to customize the exchange interface. Many users report high-quality 24/7 tech support – operators answer every message in seconds, help solve every difficulty that a beginner might go through when starting to work with the exchange. Besides, a pretty quick verification process means the White BIT team is working hard on proceeding with every new user account – often, it takes only 24 hours to verify a client’s profile. Many clients mention permissible fees – 0,1%.