Every second man who wants to reach financial freedom is attracted to Forex trading. Forex trading is not about the children’s game. So you just need to start carefully. In this industry, patience is key which you should do. Learn forex trading to also be able to make attractive deals if you don’t really want your luck to destroy you. On the market, you must learn to read patterns. It’s not a skill that can be taught in a day; it takes experience. Demo accounts are the easiest way to learn how to trade forex before losing real money.
So are you interested to know about the WhiteBIT platform that works on crypto exchanges, then you should hit this amazing article? Without any further ado, let’s get started;
WhiteBIT Exchange Review
- The company was founded in 2019.
- Exchange of cryptocurrencies
- There are around 150 trade pairs available.
- KYC and AML standards are satisfied by the legal exchange.
- It supports around 190 countries.
- VISA and Mastercard are accepted for deposits.
- Minimum Fees for trading
- Quick trading experience
- Futures trading, spot trading, and leverage trading
Why should you trade with WhiteBIT?
- BTC, cryptocurrencies, and BEP-20 tokens (also ERC-20 tokens) can be traded, as well as 4 fiat currencies (USD and EUR).
- A comprehensive safety mechanism is available on the platform.
- The trading activity is strong, as is the stability.
- You can study the fundamentals of forex trading if you are a newbie. Make spot and margin trades. Cryptocurrency exchanges can also be done peer-to-peer. A free account with several currency wallets will also be provided.
- Funds can be transferred and withdrawn using a variety of methods. People from anywhere are welcome to join the website. E-wallets can be used by anyone who does not have access to a bank card.
- WhiteBIT is a simple way to get started investing in Blockchain coins. With savvy trades, you can quickly make a lot of money.
- The fee rate did not change and remained at 0.1 percent of the total trading money. However, there is no need for additional charges or fees.
- The sample token can be used for training and education by learners. Read everything about How to Get a Better Understanding of Cryptocurrency. There is a list of commonly asked questions and answers on the fundamentals of cryptocurrency readings on the website.
Why should you avoid WhiteBIT?
There are no advanced training elements on the platform, but only basic and simple trading is provided. There is only advanced staking training offered. You have no other investing options except staking.
Only the website and email are available for contacting customer service. They don’t have a call center or any other means of immediate communication.
Many users gave their opinion in the WhiteBIT review for 2022 on the service based on their personal experiences. Those supporting the platform have stated that they have been using it from its beginning and hence have a good understanding of how it has progressed. They are also positive about the future.