Skip to main content

Written on .

How to Trade Cryptocurrencies on the WhiteBIT Crypto Exchange?

Cryptocurrencies

Trading crypto assets is a popular way to generate income by having some digital coins in your wallet. The process may take just a couple of minutes or several months, depending on the strategy you pick. Here are the most common trading techniques:

  • Intraday trading

  • Scalping

  • Swing

  • Position 

  • Arbitrage.

All these trading methods can be applied on large crypto platforms, and in this article, we would like to discuss one of the most credible and trusted crypto exchanges - WhiteBIT.

Trading Modes on the WhiteBIT Platform

Here are the main advantages of the exchange:

  1. It belongs to a centralized type which means you can add your bank card and buy cryptos with fiat money. The platform supports around 20 traditional fiat currencies that can also be traded.

  2. The platform is highly protected and offers additional layers for clients' accounts protection.

  3. The crypto exchange holds 96% of users' money on cold wallets.

  4. Over 450 pairs of coins are supported.

  5. The max size of leverage for trading is x20.

  6. The platform charges a fixed fee of 0,10% for any type of transaction.

  7. The platform offers two interfaces - advanced and basic.

  8. Clients can download the WhiteBIT wallet and trade on the go.

WhiteBIT allows the following tools: futures trading, margin, p2p, codes, and DEX. You can also take advantage of crypto lending and lock your coins for some period of time and receive rewards in return. 

If you want to buy coin crypto but don’t want to register on the exchange, you can do it using spot trading, but in that case, you will have limited withdrawals. Learn more about crypto trading on the WhiteBIT blog. If you are a beginner trader, this resource will help you learn how to take your first steps in trading. In addition, on WhiteBIT, you can practice demo trading.