WhiteBIT News

2023-03-31 17:51:11 The future of finance is decentralized!

That sounds perfectly right. But DeFi and Web3 mass adoption is hindered by three main challenges that make it tough for these technologies to take off. They are:

● User Experience Challenges;
● Developer experience challenges;
● Scalability challenges.

In the new blog post co-authored with Radix, we described solutions to these problems. Radix is a Layer-1 network that addresses these issues head-on. Its infrastructure is designed to be secure and accessible, to make DeFi and Web3 technologies accessible to everyone.

Dive deeper into the new blog post to explore why DeFi and Web3 are so important. Then, examine the three main barriers slowing their mass adoption. And finally, take a closer look at how Radix's innovative technology can help overcome these barriers and unlock the full potential of DeFi and Web3.


Read the new article here. Open / Comment

2023-03-31 17:30:05 Do you have a question?

We are hosting an exciting Q&A session with the founder and CEO of GoodCrypto, Maksim Hramadtsou, and you're invited to participate! He will answer the most interesting questions, so come up with something creative and fill out the form.

The authors of the 10 best questions will get a three-month PRO subscription to the GoodCrypto and share the 100 USDT prize pool.

Join our Telegram on the 4th of April (2 p.m. UTC)! Don't miss your chance to engage with GoodCrypto and learn more about this cutting-edge app.

#activities #helpfulWB Open / Comment

2023-03-31 16:00:07 Excellent

We’re thrilled with the number of new users. However, the Top referral activity has ended. Thanks for joining. We will announce the winners on the 6th of April, and they will receive the rewards on their balances within 7 working days after that.

Stay in touch! Open / Comment

2023-03-31 15:30:04 GoodCrypto Quiz winners

Let's congratulate the winners of our joint GoodCrypto Quiz:

KakTyS#8896
cengizhan#5526
Baldi#1323
artemx#1431
individual_xiden#8689
normal_tether#4912
dimon4ik#7320
mr3ton#1976
nikitau_incrypted#4790
silver_just#6809

The winners will receive their prizes on their WhiteBIT balance within 5 working days.

Thank you!

#activities Open / Comment

2023-03-31 15:00:06 Level up!

What do you know about futures? And what about margin trading? Then a small $500 test will be easy for you. A few clicks and you are in:

1. Sign up on our exchange;
2. Verify identity (KYC);
3. Follow our Instagram, Facebook, Telegram, or Twitter;
4. Answer the quiz questions.

Make it until the 3th of April. Find more info here.

#activities Open / Comment

2023-03-31 14:23:53 We have already published 2 posts on what blockchain is and how it works. Here is also an explanation of the main blockchain types.
Blockchains can be roughly divided into public, private, hybrid, and consortium.

Public blockchain allows anyone to join the platform, see the transaction history and vote for changes in the network. This type of blockchain is built on trust and transparency, and their information is available to everyone. Yet, they can be pretty slow.

A private blockchain is a network with limited access or a network controlled by a single entity. Private blockchains have the same functionality as public blockchains, but users need access permission. Private companies and corporations are the most common users of this blockchain type.

Hybrid blockchains combine the qualities of public and private types, which allows their owners to limit access to specific blocks. In such blockchains, the second party can only identify the user's identity during transactions. Validators can be either a closed circle of persons or anyone.

Blockchain consortia are private networks with limited access only to a specific group of users. In a blockchain consortium, several equal parties manage the network at once. Usually, it is an association of financial institutions and IT companies with the aim of joint research on blockchain technology.

#helpfulWB Open / Comment

2023-03-31 09:00:49 Open / Comment

2023-03-30 17:30:04 Here are the winners!

Thank you for your time and creativity on our video contest. We greatly appreciate your involvement! Watch the works of the winners in our blog.

#activities Open / Comment

2023-03-30 16:00:06 WhiteBIT x Koinly

A partnership that makes taxes easier!

Welcome to our new partner! Koinly is a cryptocurrency tax calculator. This service can:
● automatically import your transactions;
● find all the market prices at the time of your trades;
● match transfers between your own wallets;
● calculate your crypto gains/losses;
● generate your tax reports.

With Koinly you don't need to struggle through all the tax forms and a maze of transactions by yourself.

Go to the platform, connect your crypto wallet and exchange via API or CSV files and let Koinly calculate your capital gains and income. Then you could download a complete Tax Report! That’s it! More pros for WhiteBIT users as you get 20% discount. Remember to sign up and pass KYC to get the benefits!

#partnerships Open / Comment

2023-03-30 13:00:05 Win with Arbitrum (ARB)

Want to get a part of the 10 000 ARB prize pool in our Balance bonus activity? Take a few simple steps and compete for a reward:

● Sign up and confirm your identity on the exchange;
● Purchase or deposit at least 50 ARB to your balance;
● Keep the asset on balance until the end of the activity.

Please note: To monitor participants, we randomly take snapshots of balances throughout the round. We will do the first one in 2 days after the start of the activity. If at least one snapshot captures insufficient ARB in your balance, you will lose your chance to win.

The rewards' distribution:

50 random winners who deposit and hold between 50 ARB and 100 ARB will receive 5 ARB each;
20 random winners who deposit and hold between 100 ARB and 200 ARB will receive 10 ARB each;
20 random winners who deposit and hold between 200 ARB and 300 ARB will receive 15 ARB each;
20 random winners who deposit and hold between 300 ARB and 400 ARB will receive 20 ARB each;
20 random winners who deposit and hold between 400 ARB and 500 ARB will receive 25 ARB each;
20 random winners who deposit and hold between 500 ARB and 650 ARB will receive 35 ARB each;
20 random winners who deposit and hold between 650 ARB and 800 ARB will receive 45 ARB each;
20 random winners who deposit and hold between 800 ARB and 1000 ARB will receive 60 ARB each;
20 random winners who deposit and hold between 1000 ARB and 1200 ARB will receive 75 ARB each;
15 random winners who deposit and hold between 1200 ARB and 1500 ARB will receive 100 ARB each;
12 random winners who deposit and hold between 1500 ARB and 2000 ARB will receive 125 ARB each;
7 random winners who deposit and hold more than 2000 ARB will receive 150 ARB each.

Duration: from the 30th of March until the 5th of April
Prize pool: 10 000 ARB
Winners: 244

On the 7th of April, we will announce the lucky winners from all categories, who will be determined using a random number generator. Within 7 working days after that, they will receive the rewards to their WhiteBIT Main Balance.

Find the details here.

A few actions — and the prize is yours!

#activities Open / Comment