How to Trade at WhiteBIT for Beginners

How to Register on WhiteBIT

How to Register on WhiteBIT with Email

Step 1: Navigate to the WhiteBIT website and click the Sign up button in the top right corner.

Step 2: Enter this information:

1. Enter your email address and create a strong password.
2. Agree to the User Agreement and Privacy Policy and confirm your citizenship, then tap on "Continue".

Note: Make sure your password is at least 8 characters long. (1 lowercase letter, 1 uppercase letter, 1 number, and 1 symbol).

Step 3: You will receive a verification email from WhiteBIT. Enter the code to confirm your account. Choose Confirm.


Step 4: Once your account is confirmed, you can login and start trading. This is the main interface of the web when you have successfully registered.

How to Register on the WhiteBIT App

Step 1: Open the WhiteBIT app and tap on "Sign up".

Step 2: Enter this information:

1. Enter your E-mail address and create a Password.

2. Agree to the User agreement and Privacy Policy and confirm your citizenship, then tap on "Continue".

Note: Make sure to choose a strong password for your account. (Hint: your password must be at least 8 characters long and contain at least 1 lowercase letter, 1 uppercase letter, 1 number, and 1 special character).

Step 3: A verification code will be sent to your email address. Enter the code in the app to complete your registration.

This is the main interface of the app when you have successfully registered.

What is identity verification?

The process of verifying an exchange user’s identity by requesting personal information is known as identity verification (KYC). The acronym itself is an acronym for "Know Your Customer".

Demo-tokens allow you to test our trading tools before submitting them to identity verification. However, in order to use the Buy Crypto feature, create and activate WhiteBIT codes, and make any deposits or withdrawals, identity verification is necessary.

Verifying your identity contributes to account security and money safety. It only takes a few minutes to complete, and no technical knowledge is needed. Identity verification is a sign that the exchange is trustworthy if it is present. The platform, which is not in need of any information from you, is not accountable to you. Furthermore, verification stops money laundering.

How to pass the identity verification (KYC) on WhiteBIT from the Web 

Go to “Account settings” and open the “Verification” section.

Important note: Only logged-in users without identity verification can access the verification section.

1. Choose your nation. Ensure that the nation is chosen from the white list. Click Start.

Please be aware that at this time, citizens or residents of the following nations and territories will not be accepted for verification of identity: Afghanistan, Ambazonia, American Samoa, Canada, Guam, Iran, Kosovo, Libya, Myanmar, Nagorno-Karabakh, Nicaragua, North Korea, Northern Cyprus, Northern Mariana Islands, Palestine, Puerto Rico, Republic of Belarus, Russian Federation, Somalia, South Sudan, Sudan, Syria, Trinidad y Tobago, Transnistria, USA, US Virgin Islands, Venezuela, Western Sahara, Yemen, as well as temporarily occupied territories of Georgia and Ukraine.

2. You must then consent to our processing of your personal information. Press Continue.

3. Complete the form by entering your first and last name, gender, birthdate, and residential address. Select Next.

4. Select an Identity document: The ID card, Passport, Driver’s license, or Residence permit are the 4 options. Select the most practical method and upload the file. Click Next.




5. Video verification: This streamlines and expedites the process of verification. You have to turn your head from side to side, as instructed by the interface. Either the web version or the app can be used for this. Choose I’m Ready.

6. To further secure your account, finish the identity verification process by turning on two-factor authentication (2FA).

An application will generate a code known as two-factor authentication (2FA) to make sure you are the only one with access to the account.

Completed! You’ll find out the status of the verification soon. As soon as your documents are reviewed, we will write you a letter. Additionally, you can see how your account is doing. Your paperwork might not be accepted. Don’t take it personally, though. In the event that your data is rejected, you are given another chance. If you would rather use just your phone for identity verification, you can do so on your device. It’s just as simple online. You have to use our app to register for our exchange and submit an identity verification application. Adhere to the precise guidelines that we have previously outlined.

Bravo for completing your initial steps in our exchange. Every step you take raises the bar!

How to pass the identity verification (KYC) on WhiteBIT from the App

Click the person icon in the upper-left corner to navigate to "Account Settings" then select the "Verification" section.

Important note: only logged-in users without identity verification can access the verification section.

1. Choose your nation. Ensure that the nation is chosen from the white list. Choose Start.

We would like to inform you that we do not currently accept identity verification from citizens or residents of the following nations and territories: Afghanistan, American Samoa, U.S. Virgin Islands, Territory of Guam, Iran, Yemen, Libya, State of Palestine, Puerto Rico, Somalia, the Democratic People’s Republic of Korea, The Northern Mariana Islands, USA, Syria, Russian Federation, Republic of Belarus, Republic of Sudan, Transnistria, Georgia, Turkey, Republic of Northern Cyprus, Western Sahara, Federal Republic of Ambazonia, Kosovo, South Sudan, Canada, Nicaragua, Trinidad and Tobago, Venezuela, Myanmar, and temporarily occupied territories of Ukraine.

2. You must then consent to our processing of your personal information. Press Next.

3. Complete the form by entering your first and last names, gender, birthdate, and residential address. Tap Next.

4. Choose a proof of identity. The ID card, Passport, Driver’s license are the three options. Select the most practical method and upload the file. Tap Next.

Let’s examine each choice in greater detail:

• ID card: Upload the document’s front and back, as indicated by the screenshot.

• Passport: It’s important to note that the first and last names on the questionnaire must correspond to the names that appear in the uploaded photos.

• Driver’s license: Upload the document’s front and back as it appears in the screenshot.

5. Video verification. This streamlines and expedites the process of verification. You have to turn your head from side to side, as instructed by the interface. Either the web version or the app can be used for this. Tap I’m Ready.

6. To further secure your account, finish the identity verification process by turning on two-factor authentication (2FA). An application will generate a code known as two-factor authentication (2FA) to make sure you are the only one with access to the account.

Completed! You’ll find out the status of the verification soon. As soon as your documents are reviewed, we will write you a letter. Additionally, you can see how your account is doing. Your paperwork might not be accepted. Don’t take it personally, though. In the event that your data is rejected, you are given another chance.

How to Deposit on WhiteBIT

How to Deposit Money on WhiteBIT with Visa/Mastercard?

Depositing Money via Visa/Mastercard on WhiteBIT (Web)

Follow these instructions and try making a deposit together!

1. Visit the WhiteBIT site and click Balances in the main menu at the top.

2. Select the desired state currency by clicking the "Deposit" button.

3. Enter the deposit amount in the "Amount" field after choosing the "Visa/Mastercard" method. Click Add credit card and proceed.

4. Complete the fields in the "Payment details" window with your card information, including the card number, expiration date, and CVV code. You have the option to save your card, eliminating the need to re-enter these details for future deposits. Simply toggle the "Save card" slider to activate this feature. Your card will now be available for future top-ups. Proceed by clicking "Next," then once more after adding the card number to the top-up window.

5. The money will be credited in a short while. Note that, in rare circumstances, the procedure may take up to thirty minutes.

Depositing Money via Visa/Mastercard on WhiteBIT (App)

The quickest and safest way to fund your account and begin trading on WhiteBIT is by using widely accepted Visa and Mastercard payment methods. Simply adhere to our comprehensive guidelines to complete a successful deposit:

1. Open the application and find the deposit form.

Click the "Deposit" button after opening the home screen. Alternatively, you can click the "Wallet" — "Deposit" tab to get there.

2. The choice of currency.

Search for the currency you wish to deposit using the currency ticker, or locate it in the list. Click on the ticker of the selected currency.

3. Selection of Providers

Choose deposit via "KZT Visa/Mastercard" from the list of providers in the opened window.

Be aware that you can deposit in PLN, EUR, and USD using Google/Apple Pay.

4. Charges: In the relevant field, enter the amount of the deposit. After making sure the total amount of the deposit, including the fee, is in your account, click "Add credit card and proceed".

Keep reading: by selecting the icon next to the commission percentage, you can acquaint yourself with the details regarding the minimum deposit amount.

5. Including and preserving a Visa or Mastercard.

Enter your Visa or Mastercard details in the fields provided in the "Payment Details" window. If required, move the "Save card" slider so you can use it for the upcoming deposits. Select "Continue".

6. Confirmation of Deposit: To confirm the deposit, you will be sent to the Visa/Mastercard banking application. Verify the payment.

7. Confirmation of payment: Go to the Wallet section of the WhiteBIT app and tap the "History" icon to view the details of your deposit. The transaction details will be visible to you on the "Deposit" tab.

Support: Please get in touch with our support staff if you have any questions or encounter any issues when using a Visa or MasterCard to fund your WhiteBIT account. To make this happen, you can:

• Send an email to [email protected] to reach the support team, or submit a request via our website.
• Chat with us by selecting "Account"—"Support" in the upper left corner of the WhiteBIT app.

How to Deposit EUR via SEPA on WhiteBIT

Depositing EUR via SEPA on WhiteBIT (Web)

1. Accessing the page for balances.

Click "Balances" on the website’s home page, then choose "Total" or "Main".

2. The choice of EUR SEPA provider.

Click on the currency that is indicated by the "EUR" ticker. Alternately, click the "Deposit" button and pick EUR from the available currencies.

Then, on the deposit form, choose the "EUR SEPA" provider instead.

3. Formation of deposits: Click "Generate and send payment" after entering the deposit amount in the "Amount" field. Please be aware that after the fee is calculated, the amount you will receive on your account balance will be shown in the "I will receive" field.

Important: Take note of the minimum (10 EUR) and maximum (14,550 EUR) deposit amounts each day, as well as the 0.2% fee deducted from your deposit amount.
 
In order to transfer money, copy and paste the invoice information from the "Payment sent" window into your bank application. Every deposit has its own set of payment details generated for it.

Important: You will not be able to make a transfer after the 7-day period that starts on the date the data was generated. The bank will receive all the money sent back.

4. Validation of the sender’s information.

Please be aware that the sender’s’ first and last names must correspond with the names listed in the Payment details. The payment will not be credited if it is not. This means that only if the first and last names listed in the KYC (identity verification) match the account holder’s first and last name at the sending bank will the WhiteBIT account owner be able to make a deposit using EUR SEPA.

5. Tracking the status of transactions
 
On the "History" page (under the "Deposits" tab) at the top of the website, you can monitor the progress of your deposit.

Important: It takes up to 7 business days for your deposit to be credited to your account. You should contact our support team if your balance has yet to be replenished after this period. To achieve this, you can:

• Submit a request on our website.
• Email [email protected].
• Contact us via chat.

 

Depositing EUR via SEPA on WhiteBIT (App)

1. Accessing the page for balances.

From the main tab of the application, select the "Wallet" tab.

2. The choice of EUR SEPA provider.

Click on the currency that is indicated by the "EUR" ticker. Alternately, click the "Deposit" button and pick EUR from the available currencies.

Select the "SEPA transfer" provider in the deposit form (screenshot 2) after clicking the "Deposit" button (screenshot 1). Select "Continue" from the menu. 

Screenshot 1

Screenshot 2

3. Formation of deposits: Click "Generate and send payment" after entering the deposit amount in the "Amount" field. Please be aware that after the fee is calculated, the amount you will receive on your account balance will be shown in the "I will receive" field.

Important: Take note of the minimum (10 EUR) and maximum (14,550 EUR) deposit amounts each day, as well as the 0.2% fee deducted from your deposit amount.

In order to transfer money, copy and paste the invoice information from the "Payment sent" window into your bank application. Every deposit has its own set of payment details generated for it.

Important: You will not be able to make a transfer after the 7-day period that starts on the date the data was generated. The bank will receive all the money sent back.

4. Verification of the sender’s information.

Please be aware that the sender of the funds’ first and last names must correspond with the names listed in the payment details. The payment will not be credited if it is not. This means that only if the first and last names listed in the KYC (identity verification) match the account holder’s first and last name at the sending bank will the WhiteBIT account owner be able to make a deposit using EUR SEPA.

5. Monitoring the status of transactions.

To use our mobile app to check the status of your deposit, you must:

• Click the "History" button after selecting the "Wallet" tab.

• Locate the desired transaction by selecting the "Deposit" tab.

 
Important: The crediting of your deposit to your account may take up to 7 business days. If, after this time, your balance has not been restored, you should get in touch with our support staff. To make this happen, you can:

• Submit a request on our website.
• Email [email protected].
• Contact us via chat.

 

How to Make a Deposit on WhiteBIT via Nixmoney

NixMoney is the first payment system that supports Bitcoin and other cryptocurrencies and operates in the anonymous TOR network. With NixMoney e-wallet, you can quickly top up your WhiteBIT balance in EUR and USD national currencies. 

1. After choosing the preferred currency, click Deposit. Depending on the method selected, fees might be involved.

2. In the "Amount" field, enter the amount of the deposit. Click Proceed.

3. After connecting your wallet to NixMoney, select Next.


4. To request a transfer of funds from your NixMoney account to your exchange balance, click Pay.

5: The money will be credited in a short while. Note that, in rare circumstances, the procedure may take up to thirty minutes.

How to Deposit National Currencies on WhiteBIT with Advcash E-wallet?

Advcash is a versatile payment gateway. You can easily top off your balance on our exchange in national currencies (EUR, USD, TRY, GBP, and KZT) by using this service. Let’s begin by opening an Advcash account:

1. Fill out all the registration-related information.

2. Verify your identity in order to use all wallet features. Verification of the phone number, selfie, and ID photo are all included. This procedure could take a while.





3. Input the amount you want to top off. Select the Visa or Mastercard that you want to use to make the deposit.

4. Become familiar with the card’s requirements and the fee that will be subtracted from the total.

5. Verify the action and enter the card information.

6. An email will be sent to you for further card verification. Click the link to submit a picture of the card. It takes some time to verify this.


The deposit amount will be added to the state currency wallet of your choice.

After that, go back to the exchange:

• On the home page, select "Deposit".
• Select a country’s currency, such as the Euro (EUR).
• Pick the Advcash E-wallet from the available top-up options.
• Input the additional amount. You’ll be able to see how much the fee will credit. Select "Proceed".

7. Open your Advcash account by clicking "GO TO PAYMENT" and logging in. Check the payment information after logging in, then click "LOG IN TO ADV". An email to confirm this payment will be sent to you.



8. In the letter, select "CONFIRM". Click "CONTINUE" to finish the transaction by going back to the payment page.





When you go back to the "Balances" section, you’ll see that the Advcash E-wallet has successfully credited your Main balance.

Easily top off your balance and trade based on your own terms!

How to Trade Crypto on WhiteBIT

What is Spot Trading?

What is Spot Trading in Cryptocurrency

Spot trading entails, to put it simply, buying and selling cryptocurrencies at the current market price, on the spot.

"Spot" in this sense refers to the actual physical exchange of assets whereby ownership is changed. In contrast, with derivatives such as futures, the transaction takes place at a later time.

The spot market enables you to transact in situations where the seller instantly sells you cryptocurrency after you purchase a specific quantity of it. Both parties can quickly and in real-time obtain the desired assets thanks to this instantaneous exchange. Thus, without the need for futures or other derivative instruments, trading in the cryptocurrency spot market allows for the instantaneous purchase and sale of digital assets.
 

How Does Crypto Spot Trading Work?

Transaction settlements take place "on the spot" or instantaneously, which is why spot trading got its name. Furthermore, this idea frequently incorporates the roles of an order book, sellers, and buyers.

It’s easy. While buyers submit an order to buy an asset at a specific buying price (known as the Bid), sellers place an order with a specific selling price (known as the Ask). The bid price is the lowest amount a seller is willing to take as payment, and the asking price is the maximum amount a buyer is willing to pay.

An order book with two sides—the bid side for buyers and the ask side for sellers—is used to record orders and offers. For example, the instantaneous recording of a user’s order to purchase Bitcoin occurs on the bid side of the order book. When a seller provides the precise specification, the order is fulfilled automatically. Potential buyers are represented by the green (bids) orders, and potential sellers are represented by the red (asks) orders.
 

Pros and Cons of Crypto Spot Trading

Spot trading cryptocurrencies has benefits and drawbacks, just like any other trading strategy.

Pros:

• Simpleness: Both medium- and long-term investment strategies can be successful in this market. Without having to worry about commissions for holding a position, contract expiration dates, or other issues, you can hold onto the cryptocurrency for a long time and wait for its price to rise.

One of the most important distinctions between spot and futures trading in cryptocurrency is this.
 

• Speed and Liquidity: It makes it possible to sell an asset fast and effortlessly without depressing its market value. A trade can be opened and closed at any moment. This enables profitable responses to fluctuations in rates in a timely manner.
• Transparency: Spot market prices are determined by supply and demand and are based on current market data. Spot trading doesn’t require extensive knowledge of derivatives or finance. The fundamental ideas of trading can help you get started.

Cons:

• No leverage: Since spot trading doesn’t offer this kind of instrument, all you can do is trade with your own money. Sure, this lowers the likelihood of profits, but it also has the potential to lower losses.
• Unable to initiate short positions: Put another way, you are unable to profit from declining prices. Making money therefore becomes more difficult during a bear market.
• No hedging: Unlike with derivatives, spot trading does not allow you to hedge market price fluctuations.

How do I Buy or Sell Crypto on the Spot (Web)

A spot trade is a straightforward exchange of goods and services at the going rate, also referred to as the spot price, between a buyer and a seller. When the order is filled, the trade happens right away.

With a limit order, users can schedule spot trades to execute when a particular, better spot price is reached. Using our trading page interface, you may execute spot trades on WhiteBIT.

1. To access the spot trading page for any cryptocurrency, simply click on [Trade]-[Spot] from the homepage

2. At this point, the trading page interface will appear. You will now find yourself on the trading page interface.

1. Trading volume of a trading pair in 24 hours.
2. Candlestick chart and Market Depth.
3. Sell/Buy order book.
4. Your latest completed transaction.
5. Type of order: Limit/Market/Stop-Limit/Stop-Market/Multi-Limit.
6. Your Order History, Open Orders, Multi-Limits, Trade history, Positions, Position history, Balances, and Borrows.
7. Buy Cryptocurrency.
8. Sell Cryptocurrency.

To buy or sell your first cryptocurrency on the WhiteBIT Spot Market, go over all the requirements and follow the steps.

Requirements: To familiarize yourself with all of the terms and concepts used below, please read through the entire Getting Started and Basic Trading Concepts articles.

Procedure: You have a choice of five order types on the Spot Trading Page.

Limit Orders: What is a Limit Orders

A limit order is an order that you place on the order book with a specific limit price. It will not be executed immediately, like a market order. Instead, the limit order will only be executed if the market price reaches your limit price (or better). Therefore, you may use limit orders to buy at a lower price or sell at a higher price than the current market price.

For example, you place a buy limit order for 1 BTC at $60,000, and the current BTC price is 50,000. Your limit order will be filled immediately at $50,000, as it is a better price than the one you set ($60,000).

Similarly, if you place a sell limit order for 1 BTC at $40,000 and the current BTC price is $50,000. The order will be filled immediately at $50,000 because it is a better price than $40,000.
 

Market Order	Limit Order
Purchases an asset at the market price	Purchases an asset at a set price or better
Fills immediately	Fills only at the limit order’s price or better
Manual	Can be set in advance

1. Click "Limit" on the spot trading page.

2. Set your desired Limit Price.

3. Click Buy/Sell to display a confirmation window.

4. Click the Confirm button to place your order.

NOTE: You can enter the amount to receive in USDT or the amount to spend in your symbol or coin.

Market Orders: What is Market Orders

When you place an order for a market order, it is immediately executed at the going rate. It can be used to place orders for both purchases and sales.

To place a buy or sell market order, choose [Amount]. You can enter the amount directly, for instance, if you wish to purchase a specific amount of Bitcoin. However, if you wish to purchase Bitcoin with a specific sum of money, say $10,000 USDT.

1. From the Order Module on the right side of the page, select Market.

2. From the drop-down menu below the Limit Price, select either USDT to enter the amount you wish to spend or select your Symbol/Coin to enter the amount you wish to receive.

3. Click Buy/Sell to display a confirmation window.

4. Click the Confirm button to place your order.

NOTE: You can enter the amount to receive in USDT or the amount to spend in your symbol or coin.

What is Stop-Limit Function

A limit order with a stop price and a limit price is known as a stop-limit order. The limit order will be entered into the order book when the stop price is reached. The limit order will be carried out as soon as the limit price is reached.

• Stop price: The stop-limit order is executed to buy or sell the asset at the limit price or better when the asset’s price reaches the stop price.
• The chosen (or possibly better) price at which the stop-limit order is carried out is known as the limit price.

Both the limit and stop prices can be set at the same cost. For sell orders, it is advised that the stop price be marginally higher than the limit price. A safety gap in price between the moment the order is triggered and when it is fulfilled will be made possible by this price difference. For buy orders, the stop price can be set marginally below the limit price. Additionally, it will lessen the possibility that your order won’t be fulfilled.

Please be aware that your order will be executed as a limit order once the market price hits your limit price. Your order might never fill if you set the take-profit or stop-loss limits too low or too high, respectively, because the market price will never be able to hit the limit price you have set.

 

1. Choose Stop-Limit from the Order Module on the right side of the screen.

2. Choose USDT to enter the amount you want to spend, or choose your symbol/coin to enter the amount you want to receive along with the Stop Price in USDT, from the drop-down menu beneath the Limit Price. The total might then show up in USDT.

3. Tap Buy/Sell to display a confirmation window.

4. Click on the "Confirm" button to submit your purchase/sale.

Stop-Market

1. From the Order Module on the right side of the page, select Stop-Market.

2. From the drop-down menu below the Limit Price, select either USDT to enter the amount you wish to Stop and you might see the total in USDT.

3. Choose Buy/Sell to display a confirmation window.

4. Choose the Confirm button to place your order.

Multi-Limit

1. From the Order Module on the right side of the page, select Multi-Limit.

2. From the drop-down menu below the Limit Price, select either USDT to enter the amount you wish to Limit. Choose the Price progression and the Quantity of orders. Then the total may appear in USDT. 

3. Click Buy/Sell to display a confirmation window. Then press the Confirm X orders button to place your order.

How do I Buy or Sell Crypto on the Spot (App)

1. Log in to the WhiteBIT App, and click on [Trade] to go to the spot trading page.

2. Here is the trading page interface.

1. Market and Trading pairs.
2. Real-time market candlestick chart, supported trading pairs of the cryptocurrency, “Buy Crypto” section.
3. Buy/Sell BTC Cryptocurrency.
4. Sell/Buy order book.
5. Orders.

 

Limit Orders: What is a Limit Order

A limit order is an order that you place on the order book with a specific limit price. It will not be executed immediately, like a market order. Instead, the limit order will only be executed if the market price reaches your limit price (or better). Therefore, you may use limit orders to buy at a lower price or sell at a higher price than the current market price.

For example, you place a buy limit order for 1 BTC at $60,000, and the current BTC price is 50,000. Your limit order will be filled immediately at $50,000, as it is a better price than the one you set ($60,000).

Similarly, if you place a sell limit order for 1 BTC at $40,000 and the current BTC price is $50,000. The order will be filled immediately at $50,000 because it is a better price than $40,000.
 

Market Order	Limit Order
Purchases an asset at the market price	Purchases an asset at a set price or better
Fills immediately	Fills only at the limit order’s price or better
Manual	Can be set in advance

1. Launch the WhiteBIT App, then sign in with your credentials. Select the Markets icon located in the lower navigation bar.

2. To view a list of every spot pair, tap the Favorite menu (the star) in the upper left corner of the screen. The ETH/USDT pair is the default choice.

NOTE: To view all pairs, select the All tab if the list’s default view is Favorites.

3. Choose the pair that you want to exchange. Either tap the Sell or Buy button. Select the Limit Order tab located in the screen’s center.

4. In the Price field, enter the price you want to use as a limit order trigger.

In the Amount field, enter the target cryptocurrency’s value (in USDT) that you want to order.

NOTE: A counter will show you how much of the target cryptocurrency you will receive as you enter an amount in USDT. As an alternative, you can select by Quantity. You can then enter the desired amount of the target cryptocurrency, and the counter will show you how much it costs in USDT.

5. Press the Buy BTC icon.

6. Until your limit price is reached, your order will be recorded in the order book. The Orders section of the same page displays the order and the amount of it that has been filled.
 

Market Orders: What is Market Order

When you place an order for a market order, it is immediately executed at the going rate. It can be used to place orders for both purchases and sales.

To place a buy or sell market order, choose [Amount]. You can enter the amount directly, for instance, if you wish to purchase a specific amount of Bitcoin. However, if you wish to purchase Bitcoin with a specific sum of money, say $10,000 USDT.

1. Launch the WhiteBIT app and enter your account information. Select the Markets icon located in the lower navigation bar.

2. Tap the Favorite menu (the star) in the top left corner of the screen to see a list of every spot pair. The default option is the BTC/USDT pair.

NOTE: To view all pairs, select the All tab if the list’s default view is Favorites.

3. To buy or sell, click the Buy/Sell button.

4. Enter the target cryptocurrency’s value (in USDT) in the Amount field to place the order.

NOTE: A counter will show you how much of the target cryptocurrency you will receive as you enter an amount in USDT. Alternatively, you can choose based on Quantity. Next, you can input the desired amount, and the counter will display the USDT price for you to see.

5. Press the Buy/Sell BTC button.

6. Your order will be immediately executed and filled at the best available market price. You can now see your updated balances on the Assets page.

What is Stop-Limit Function

A limit order with a stop price and a limit price is known as a stop-limit order. The limit order will be entered into the order book when the stop price is reached. The limit order will be carried out as soon as the limit price is reached.

• Stop price: The stop-limit order is executed to buy or sell the asset at the limit price or better when the asset’s price reaches the stop price.
• The chosen (or possibly better) price at which the stop-limit order is carried out is known as the limit price.

Both the limit and stop prices can be set at the same cost. For sell orders, it is advised that the stop price be marginally higher than the limit price. A safety gap in price between the moment the order is triggered and when it is fulfilled will be made possible by this price difference. For buy orders, the stop price can be set marginally below the limit price. Additionally, it will lessen the possibility that your order won’t be fulfilled.

Please be aware that your order will be executed as a limit order once the market price hits your limit price. Your order might never fill if you set the take-profit or stop-loss limits too low or too high, respectively, because the market price will never be able to hit the limit price you have set.
 

1. From the Order Module on the right side of the screen, select Stop-Limit.

2. From the drop-down menu under the Limit Price, select USDT to enter the amount you want to spend, or select your symbol/coin to enter the amount you want to receive along with the Stop Price in USDT. At that point, the total may appear in USDT.

3. To see a confirmation window, tap Buy/Sell BTC.

4. Press the "Confirm" button to finish the sale or purchase.

Stop-Market

1. Choose Stop-Market from the Order Module located on the right side of the screen.

2. Choose USDT from the drop-down menu beneath the Limit Price to enter the desired Stop amount; the total may appear in USDT.

3. Select Buy/Sell BTC to see a window confirming the transaction.

4. Select the "Confirm" button to submit your purchase.

Multi-Limit

1. Choose Multi-Limit from the Order Module on the right side of the screen.

2. Choose either USDT from the drop-down menu beneath the Limit Price to enter the amount you want to limit. Select the order quantity and the price progression. The total might then show up in USDT. 

3. To see a confirmation window, click Buy/Sell BTC. Then, to submit your order, click the Place "X" orders button.

How to Withdraw from WhiteBIT

How to Withdraw Cryptocurrency from WhiteBIT

Withdraw Cryptocurrency from WhiteBIT (Web)

Before withdrawing cryptocurrency from WhiteBIT, ensure you have the desired asset in your “Main” balance. You can transfer money directly between balances on the "Balances" page if it is not on the "Main" balance.

Step 1: To transfer a currency, simply click the "Transfer" button to the right of the ticker for that currency.

Step 2: Next, choose a transfer from the "Trading" or "Collateral" balance to the "Main" balance from the drop-down list, enter the asset’s amount to be moved, and click "Confirm". We’ll respond to your request right away. Please be aware that when you confirm the withdrawal, the system will automatically prompt you to transfer your funds from the "Trading" or "Collateral" balance, even if they are not on the "Main" balance.

As soon as the money is in the "Main" balance, you can begin taking withdrawals. Using Tether (USDT) as an example, let’s examine how to withdraw money from WhiteBIT to a different platform step-by-step.

Step 3: Please note the following important points:

• In the withdrawal window, always check the list of networks (token standards, respectively) that are supported on WhiteBIT. And make sure that the network through which you are going to make the withdrawal is supported on the receiving side. You can also check the network browser of each individual coin by clicking on the chain icon next to the ticker on the balances page.

• Verify that the withdrawal address you entered is accurate for the applicable network.
• Take note of a memo (destination tag) for certain currencies, like Stellar (XLM) and Ripple (XRP). Funds must be correctly entered into the memo in order for your balance to be credited after the withdrawal. Nevertheless, type "12345" in the relevant field if the recipient does not need a memo.

Exercise caution! During a transaction, if you enter false information, your assets might be lost forever. Before completing each transaction, please confirm that the information you use to withdraw your funds is accurate.

1. Navigating to the withdrawal form

Click on "Balances" from the top menu of the website, and then choose "Total" or "Main".

Click the "Withdraw" button after locating the currency using the ticker symbol USDT. As an alternative, you can pick the required asset from the drop-down list by using the "Withdraw" button located in the top-right corner of the balance sheet page.

2. Filling out the withdrawal form

Examine the crucial details located at the top of the withdrawal window. Kindly indicate the amount of the withdrawal, the network the withdrawal will be made through, and the address (found on the receiving platform) to which the funds will be sent.

Please be aware of the fee and minimum withdrawal amount (you can use the switch to add or subtract the fee from the amount entered). Additionally, by entering the ticker of the desired coin in the search box on the "Fees" page, you can find information about the minimum amount and fee for each coin network.

Next, select "Continue" from the menu.
 

3. Withdrawal confirmation

If two-factor authentication is enabled, you must use 2FA and a code sent to the email associated with your WhiteBIT account to confirm the withdrawal.

The code you receive in the email is only good for 180 seconds, so please be aware of that. Kindly fill it out in the relevant withdrawal window field and choose "Confirm withdrawal request".

Important: We advise adding the email address [email protected] to your contact list, trusted sender list, or whitelist in your email settings if you have not received an email from WhiteBIT containing a code or if you have received it too late. Additionally, transfer all WhiteBIT emails from your promotions and spam folders to your inbox.
 

4. Checking withdrawal status

If you’re using the mobile app, select "Withdrawal" after finding USDT in "Wallet" (Exchange mode). Then follow the previous instruction in a similar manner. You can also read our article on using the WhiteBIT app to withdraw cryptocurrency.

Typically, withdrawals take anywhere from one minute to an hour. There could be an exception if the network is too busy. Please contact our support team if you are experiencing issues with a money withdrawal.
 

Withdraw Cryptocurrency from WhiteBIT (App)

Prior to making a withdrawal, confirm that your money is in the "Main" balance. Using the "Transfer" button on the "Wallet" tab, balance transfers are done manually.

Choose the currency that you want to send over. Next, choose a transfer from the "Trading" or "Collateral" balance to the "Main" balance from the drop-down list, enter the asset’s amount to be moved, and click "Continue". We’ll respond to your request right away. Please be aware that when you confirm the withdrawal, the system will automatically prompt you to transfer your funds from the "Trading" or "Collateral" balance, even if they are not on the "Main" balance.

Once the money is on the "Main" balance, you can start the withdrawal process. Using Tether coin (USDT) as an example, let’s walk through the process of withdrawing money from WhiteBIT to another platform within the app.

Please take note of these crucial points:

Always refer to the list of networks (or token standards, if applicable) that WhiteBIT supports in the output window. Additionally, confirm that the network you plan to withdraw from is supported by the recipient. By selecting the "Explorers" button after clicking on the coin’s ticker in the "Wallet" tab, you can also view the network browser for each coin. 
 
Verify that the withdrawal address you entered is accurate for the applicable network.

Take note of a memo (destination tag) for certain currencies, like Stellar (XLM) and Ripple (XRP). Funds must be correctly entered into the memo in order for your balance to be credited after the withdrawal. Nevertheless, type "12345" in the relevant field if the recipient does not need a memo.

Exercise caution! During a transaction, if you enter false information, your assets might be lost forever. Before completing each transaction, please confirm that the information you use to withdraw your funds is accurate.

1. Navigating to the withdrawal form.

In the "Wallet" tab, click the "Withdraw" button and choose USDT from the available coin list.


2. Filling out the withdrawal form.

Examine the crucial details located at the top of the withdrawal window. If necessary, choose the network, enter the withdrawal address (or scan the address’s QR code on the receiving platform), enter the amount, and press the "Withdrawal request" button.

Please be aware of the fee and minimum withdrawal amount (you can use the switch to add or subtract the fee from the amount entered). Additionally, by entering the ticker of the desired coin in the search box on the "Fees" page, you can find information about the minimum amount and fee for each coin network.

3. Confirming the withdrawal.

An email will be sent to you. You will need to enter the code specified in the email in order to confirm and create a withdrawal request. The validity of this code is for 180 seconds.

Furthermore, in order to validate the withdrawal, you will need to input a code from the authenticator app if you have two-factor authentication (2FA) enabled.

Important: We advise adding the email address [email protected] to your contact list, trusted sender list, or whitelist in your email settings if you have not received an email from WhiteBIT containing a code or if you have received it too late. Additionally, transfer all WhiteBIT emails from your promotions and spam folders to your inbox.

4. Checking withdrawal status

Funds are deducted from the "Main" balance of your WhiteBIT account and are shown in the "History" (the "Withdraw" tab).


Typically, withdrawals take anywhere from one minute to an hour. There could be an exception if the network is too busy. 

How to Withdraw National Currency on WhiteBIT

Withdrawing National Currency on WhiteBIT (Web)

Make sure the funds are in your main balance before attempting to withdraw them. Click the "Balances" drop-down menu and choose "Main" or "Total".

Select "National currency" to view the list of all national currencies that are available on the exchange.

The drop-down list will appear when you click the "Withdraw" button next to the currency you have chosen.

What appears in the window after it opens is:

1. A list with a drop-down for fast currency conversion.
2. The total amount of money in your main account, your open orders, and your total balance.
3. a list of assets that can be clicked to open the trading page.
4. Merchants that are available for withdrawal. The following fields will vary based on the merchant you select.
5. An input field requiring you to enter the desired withdrawal amount.
6. You will be able to withdraw the full amount if this toggle button is enabled. The fee will be automatically subtracted from the total amount if this button is off.
7. The amount deducted from your balance will be shown in the "I’m sending" field. The amount that you will receive in your account after deducting the fee will be shown in the "I’ll receive" field.
8. Once you have completed all the required fields in the withdrawal window, clicking this button will take you to the payment page using the payment method you have chosen.

Once you have taken all the required actions, you must validate the money withdrawal. An email containing a 180-second valid confirmation code will be sent to you. To confirm your withdrawal, you will also need to enter the code from the authenticator application you are using if you have two-factor authentication (2FA) enabled.

You can view the fees as well as the minimum and maximum amounts that can be withheld from each transaction on the "Fees" page. The daily maximum that can be withdrawn is displayed on the withdrawal form. Note that the recipient party has the right to impose restrictions and charge a fee.

The cash withdrawal process typically takes one minute to an hour. Nevertheless, the time may change based on the payment method that is chosen.
 

Withdrawing National Currency on WhiteBIT (App)

Make sure the funds are in your main balance before attempting to withdraw them.

Select the "Wallet" tab when in exchange mode. Click on the currency you wish to withdraw after choosing it in the "General" or "Main" window. Click the "Withdraw" button in the resulting window to open a form for creating a withdrawal.

The application window displays the following:

1. A drop-down menu for rapid currency conversion.
2. The withdrawal payment methods that are available. The fields below may vary based on the payment method selected.
3. The withdrawal amount field is where you must enter the desired amount.
4. The fee will be deducted from the amount you wish to withdraw if this button is clicked. The fee will be automatically deducted from the total amount if this function is disabled.
5. The amount deducted from your balance will be shown in the "I’m sending" field. The amount that you will receive in your account, including the fee, will be shown in the "I’ll receive" field.
6. Once you have completed all the required fields in the withdrawal window, clicking this button will take you to the page where you can make your payment using the chosen payment method.

Once you have taken all the required actions, you must validate the withdrawal. An email containing a 180-second valid confirmation code will be sent to you. To confirm your withdrawal, you will also need to enter the code from the authenticator application you are using if you have two-factor authentication (2FA) enabled.

On the "Fees" page, you can view the fees as well as the minimum and maximum amount that can be withdrawn for each transaction. Click the "WhiteBIT info" button when the "Account" tab is open to accomplish this.



You can also ascertain the daily withdrawal limit while generating a withdrawal request. Note that the recipient party has the right to impose restrictions and charge a fee.

The cash withdrawal process typically takes one minute to an hour. Nevertheless, the time may change based on the payment method that is chosen.

How to Withdraw Funds using Visa/MasterCard on WhiteBIT

Withdrawal of Funds using Visa/MasterCard on WhiteBIT (Web)

With our exchange, you can withdraw money in a few different ways, but Checkout is the most widely used.

An international payment service that facilitates safe financial transactions is called Checkout.com. It specializes in online payments and provides a broad range of financial services.


The platform’s checkout offers quick fund withdrawals in a number of currencies, including EUR, USD, TRY, GBP, PLN, BGN, and CZK. Let’s examine how to make withdrawals from the exchange using this method.

The amount of the withdrawal fee via the Checkout service can range from 1.5% to 3.5%, contingent upon the card issuer’s location. Take note of the current charge.

1. Navigate to the "Balance" tab. Select the currency you wish to take out of your Total or Main balance (for example, EUR).

2. Choose the EUR Checkout Visa/Mastercard option.

3. Choose a saved card by clicking on it, or add the card you want to use to withdraw money.

4. Put in the necessary sum. The fee amount and the credited amount are displayed. Select "Continue".

5. Examine the data in the confirmation window with great care. Enter both the authentication code and the code that was sent to your email. If everything is in order, click "Confirm withdrawal request".

Within 48 hours, the system processes the request for a fund withdrawal. A simple and quick way to convert your cryptocurrency profits into fiat money is to use Checkout for withdrawals. Quickly and safely take out cash while you determine how comfortable you are!
 

Withdrawal of Funds Using Visa/MasterCard on WhiteBIT (App)

In the "Wallet" tab, click the "Main"-"Withdraw" button and choose the currency you wish to take out.

2. Choose the EUR Checkout Visa/Mastercard option.

3. Choose a saved card by clicking on it, or add the card you want to use to withdraw money.

4. Put in the necessary sum. The fee amount and the credited amount are displayed.

5. Examine the data in the confirmation window with great care. Enter both the authentication code and the code that was sent to your email. If everything is in order, click "Confirm withdrawal request".

Within 48 hours, the system processes the request for a fund withdrawal. A simple and quick way to convert your cryptocurrency profits into fiat money is to use Checkout for withdrawals. Quickly and safely take out cash while you determine how comfortable you are!

How to Sell Crypto via P2P Express on WhiteBIT

Sell Crypto via P2P Express on WhiteBIT (Web)

1. Select the option by going to the home page’s balance menu.

2. Choose the main balance or the total (there is no distinction between the two in this instance).

3. The "P2P Express" button will then appear. For the exchange to be successful, you must have USDT on your balance. 

4. Depending on your browser settings, the page might appear like this.

5. A menu containing a form will appear after you click the "P2P Express" button. Next, you must indicate the amount of the withdrawal as well as the specifics of the UAH card that a Ukrainian bank will use to receive the funds.

If you already have a saved card, you don’t need to enter the information again.

Additionally, you have to read the terms and conditions of the service provider, check the box confirming that you understand and accept the service provider’s terms of use, and consent to the transaction being handled by a third-party service provider outside of WhiteBIT.

Next, press the "Continue" button.
 
6. You must verify the request and ensure that the data you entered is correct in the ensuing menu.

7. After that, you must click "Continue" to complete the operation by entering the code that was sent to your email.

Enter the code from the authenticator app (like Google Authenticator) if you have enabled two-factor authentication.

8. Your request will therefore be sent for processing. Typically, it takes a minute to an hour. Under the "P2P Express" menu, you can see the transaction’s current status.

Please contact our support team if you run into any problems or have any inquiries about P2P Express. In order to accomplish this, you can:

Send us a message through our website, chat with us, or send an email to [email protected].
 

Sell Crypto via P2P Express on WhiteBIT (App)

1. To utilize the feature, select the "P2P Express" option from the "Main" page.

1.1. Additionally, you can access "P2P Express" by choosing USDT or UAH on the "Wallet" page (screenshot 2) or by accessing it through the "Wallet" menu (screenshot 1).


2. A menu containing a form will appear after you click the "P2P Express" button. For the exchange to be successful, you must have USDT on your balance. 


Next, you must indicate the amount of the withdrawal and the specifics of the UAH card of the Ukrainian bank to which the money will be credited.

If you have already saved your card, you don’t need to enter the information again.

Along with reading the terms and conditions from the service provider, you also need to check the box confirming.

Next, press the "Continue" button.

3. You must verify the request and ensure that the data you entered is accurate in the ensuing menu.

4. The next step is to confirm the operation by clicking "Continue" and entering the code that was sent to your email.

You also need to enter the code from the authenticator app (like Google Authenticator) if you have two-factor authentication enabled.

5. Your request will therefore be sent for processing. Usually, it takes a minute to an hour. The "P2P Express" menu at the bottom of the page allows you to check the status of a transaction.

5.1. Go to the Wallet section of the WhiteBIT app and choose the History menu to view the details of your withdrawal. You can view the details of your transaction under the "Withdrawals" tab.

Frequently asked questions 

Account

What’s a Sub-Account?

How to calculate the fee for the withdrawal and deposit of state currencies?

Different strategies are used by payment service providers on the WhiteBIT cryptocurrency exchange to impose fees on users who withdraw and deposit state currency using bank cards or other payment methods.

Fees are separated into:

• Fixed in terms of state money. For instance, 2 USD, 50 UAH, or 3 EUR; a predetermined portion of the total transaction value. For instance, fixed rates and percentages of 1% and 2.5%. For example, 2 USD + 2.5%.
• Users find it difficult to determine the exact amount needed to complete the operation because fees are included in the transfer amount.
• Users of WhiteBIT can add as much as they’d like to their accounts, including any relevant fees.

Note: Users find it difficult to determine the exact amount needed to complete the operation because fees are included in the transfer amount. Users of WhiteBIT can add as much as they’d like to their accounts, including any relevant fees.
 

How does USSD feature work?

You can use the WhiteBIT exchange’s ussd menu function to access certain options even when you’re not online. In your account settings, you can activate the feature. Following that, the following operations will be available to you offline:

• Balances the viewpoint.
• Money movement.
• Swift asset exchange.
• Locating a place to send a deposit.

 

For whom is the USSD menu function available?

This function works for users from Ukraine who have connected to the services of the Lifecell mobile operator. Please note that you need to enable two-factor authentication to use the feature.