Review on WhiteBIT by José A Rodríguez
White Bit: A trading Market with a Gateway for Fiat Currencies
White Bit is an exchange service that promotes good outcomes for trading through a short profit entry for an open-source promotion where traders can participate and earn or, at least, advanced to discover more of the network. It is available in the marketplace with a standard platform that does not stop being efficient for all tasks required including the trading, listing and staking as the three major values featuring the whole network. It is easy to know everything within the page because it loads access to the margin trading, The volume dashboard, and the common sections for interacting with traders.
The first view of the page is fully completed by and integration of promotions and common Defi sections running kind of airdrops that are in majority fair. They are part of external growth out of the page but in some way, they bring benefit to it and customers themselves. I can understand why some users feel this is not a very attractive point due to the high attention it focuses on bonuses instead of real trading. However, I also think the platform provides good services. Joining to the promotions just depends on customers. The sections are there as part of commercial laws.
I can recommend the service for all users that are starting holding cryptos, but they require the fiat management. The platform has a gateway for fiat entries that are excessively good at all. There are multiple currencies admitted on it that in some way can benefit both crypto trading, and the value of the real economy. I always see the best of two worlds because I consider it necessary for e-commerce and how it is reaching more level, currently. Another good point of it is that the platform offers a free of fees token that can be used for inner practices where users can start trading just to know how is the process.
Finally, the best point of all is that this platform is available through different digital channels. Users can easily trade through the web or doing it simply by downloading the free app in any of the two digital stores admitted for mobiles. I consider it important to remind users that managing the app can be a good experience since it is easy to manage, and they consist of a good security system, although it is not highly explained. If users think there are not enough reasons to trade with this service I suggest to assets it through the partnership it has with leading markets everywhere. They recommend the page as well as I do. Trading can become a task of minutes until mastering the pro stage.
Note: Always consider it important to know the intern policies of the page to know how effective it is for what users want. Trading platforms get frequent volatility issues, but that is something that in the end can be overcome.
Pros
- Many leading markets and digital companies are partners of the platform and they recognized as late it, reliable and fair service for trading.
- It provides users with good entries for promotions where their common earnings not linked to trading.
- It offers its own token for executing some trading practices. It can be a good advantage for those new users joining the platform. It has not a real commercial value, but it represents inner transactions.
- It has great advantages for trading since deposits and withdrawals can be executed on fiat money. There exist a high recognition of common currencies.
Cons
- The platform has a good functioning but the company should improve the content about security policies since they are explained shortly in the page.
- It faces frequent complaints because of the excessive promotions available just there instead of outcomes for inner trading.
