WhiteBIT, an Estonia-registered virtual currency exchange launched in 2018, has unveiled a comprehensive margin trading terminal alongside enhanced Smart Staking products. Boasting a user base of over 300,000 traders across 190+ countries, the platform employs a team of over 100, including around 65 dedicated blockchain developers focused on building innovative tools.
Margin Trading: Up to 25x Leverage with Advanced Orders
The WhiteBIT margin terminal initially supports 5x leverage and will soon enable up to 25x leverage. Traders can utilize advanced order types such as limit orders, stop-limit, stop-market, and conditional orders, allowing precise risk management. This tool aims to amplify potential returns compared to standard spot trading, though it carries proportional risks.
Smart Staking: 30% APR on 360-Day USDT Plans
Smart Staking allows users to earn interest by providing liquidity for margin trading. The most notable offer is a 30% APR on a 360-day plan for USDT. Shorter durations starting from just 10 days are also available, and the feature supports other assets such as BTC and DASH with varying rates.
Additional Benefits: Referrals, Low Fees, and No-KYC Withdrawals
WhiteBIT offers a referral program that rewards users with 40% of the trading fees generated by referred traders. The exchange promotes very low fees, instant withdrawals, 24/7 customer support, a programmer API, and multiple fiat gateways including Advcash, Perfect Money, Qiwi, Yandex, Visa, and Mastercard. A key differentiator is the ability to trade, make unlimited deposits, and withdraw up to 2 BTC per day without completing KYC.
Security and Compliance
While offering no-KYC withdrawals, WhiteBIT maintains strong security measures: the majority of funds are stored in cold storage, anti-phishing software is deployed, and two-factor authentication (2FA) is mandatory for all users. The platform continues to operate under Estonia's regulatory framework. For more information, users can visit WhiteBIT's official website.