WhiteBIT Launches Margin Trading With 5x Leverage

TALLINN, EE, Aug 11, 2020 – (ACN Newswire) – WhiteBIT, a
central European fiat-to-crypto digital currency exchange,
has launched margin trading on its BTC/USDT platform,
initially at a 5x leverage. This is an important milestone
for WhiteBIT, which plans to introduce further pairing
options, as well as higher (to 25x) leverage, in the near
future.

We currently trade crypto assets against
Ukrainian Hryvnia (UAH), Russian Ruble (RUB), Euro (EUR) and
Turkish Lira (TL). WhiteBIT hopes to include these fiat
pairs in its margin offering, meaning you will soon be able
to trade BTC against EUR or RUB with up to 25x leverage.
Something you won’t find on other
cryptoexchanges.

WhiteBIT’s Growing
Popularity

WhiteBIT launched in December 2018.
Already having 180,000+ users, with 35,000 active on a daily
basis, we have grown significantly in a short period of
time. But our ambitions aren’t satisfied with fiat-to-crypto
and crypto-to-crypto transactions, we want to capture the
margin trading market, and will rapidly introduce new
trading options to our users.

WhiteBIT also offers P2P
instant transaction codes, staking possibilities, and even
integrates Dash InstantSend features for quick crypto
deposits and withdrawals. WhiteBIT offers more than 120 spot
trading pairs, including smaller altcoins.

WhiteBIT
has European Exchange and Custody Licenses, and follows
European KYC and AML requirements. However, our success can
be attributed to our security; we store 95% of all crypto
assets in cold wallets. Yet despite using cold wallets to
store users’ funds, WhiteBIT still processes every crypto
withdrawal within minutes, 24/7.

Margin Trading Makes
WhiteBIT an All-In-One Solution

European crypto
traders have been using different crypto exchanges for
different purposes. WhiteBIT aspires to be an all-in-one
solution. It has a perfect fiat-to-crypto offering, a wide
selection of altcoins to spot trade, and it now has the most
effective margin trading platform as well.

BTC/USDT is
already available at 5x leverage, and soon we will increase
trading pairs to 25x leverage. Other platforms may dwell in
their own comfort zone, but WhiteBIT pushes itself to the
max, continuing to expand its new crypto offerings for its
users.

Learn more about WhiteBIT Margin Trading at https://medium.com/whitebit/margin-trading-is-here-259c45620b83

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