With a workforce of 350+ individuals, they are a centralized crypto-to-fiat exchange. All KYC and AML standards are met. Recently, they attended the AIBC Summit 2022 in Dubai.
Main Goal
By establishing a safer and simple-to-use trading platform, they hope to foster mass adoption of blockchain technology and increase the crypto industry.
Their benefits
- Insurance as well as secure storage
They keep 96percent of our digital assets in cold wallets as well as employ WAF to identify but also prevent hacker assaults. They also utilize two-factor authentication as well as anti-phishing technologies to provide each account with an extra layer of security.
The cutting-edge trading, as well as pairing engines, ensure rapid withdrawals and deposits, along with order book efficiency.
The top goal is the security of the users’ cash! The risk diversification method is built on the following principle: at any given time, only 4percent of total assets are housed in hot wallets. Multisig access protection is used to safeguard the assets housed in cold storage.
WhiteBIT has established an insurance fund to safeguard and guarantee the assets of its customers, which is renewed by transaction fee contributions. The assets in WhiteBIT’s cold storage are fully protected by the fund underneath a USD 30 million insurance plan.
- Competitive fees and the fiat gateway
Whether individuals are trading in 50 BTC or $50, the exchange offers the company’s lowest trading costs. AdvCash, Yandex, Perfect Money, Visa, Qiwi, & Mastercard are all accepted for withdrawals and deposits.
- Tools For Trading
Stop-limit, as well as stop-market orders, can help you manage financial risks and put an end to restless nights. Investors will be capable of transferring assets among their main and trade balances, as well as making and canceling orders, using both private but also public APIs. They also assured that the UI is simple to use, so that you may utilize it regardless of their previous expertise.
