Does WhiteBIT offer advanced trading features?

Yes, WhiteBIT offers advanced trading options, including margin and futures trading with up to 100x leverage. These features allow traders to amplify their positions and execute complex strategies. While the platform does not provide built-in automated trading bots, it supports API integration, which enables you to connect third-party trading bots for better functionality.

Whitechain is WhiteBIT’s proprietary blockchain. It is designed to power the WhiteBIT ecosystem with fast, secure, and scalable transactions. It operates on a proof-of-authority consensus model and supports smart contract deployment.

WhiteBIT promises a stringent and reliable security infrastructure backed by security measures such as two-factor authentication (2FA) and anti-phishing codes. The platform claims to store 96% of digital assets in cold wallets with multi-signature access to reduce the risk of online breaches. Additionally, WhiteBIT utilizes a Web Application Firewall (WAF) to detect and block potential cyber threats.

Is WhiteBIT beginner friendly?

WhiteBIT offers a user-friendly interface designed to accommodate both beginners and experienced traders. The platform provides intuitive navigation, clear layouts, and educational resources to assist newcomers in understanding cryptocurrency trading. Additionally, WhiteBIT's mobile application allows users to manage their portfolios and execute trades conveniently, while tools such as auto-invest simplify processes for beginners.