WhiteBIT
Total reviews 52
2 complaints
3.9

How to earn at the WhiteBIT crypto exchange?


WhiteBIT offers several tools to make money on the platform. The main one is trading. Available on the website whitebit.com trading terminal with basic and professional interface for beginners and experienced traders. There are also margin trading, exchange possibilities, work on platforms P2P and DEX. The exchange offers other services as well.

SMART Stacking

Crypto Exchange offers a new tool steaking. It gives you the opportunity to earn income for storing assets in a certain currency. For this purpose, several plans are offered, which differ in the size of the interest rate, available terms, minimum and maximum for the deposit. To earn income, you have to do the following:

  • Go to the Stacking section and select one of the plans offered. Make sure that the funds needed for the deposit are on the main account. If they are not enough, you can make a deposit.
  • Specify the amount to be deposited in the plan and click on “Deposit”. Each plan has a minimum and maximum deposit amount.

To find out how much the user will get at the end, he can enter the amount in the WhiteBIT Staking Plan and see how much profit will be accrued. At the end of the plan period, it will be closed automatically. The invested money with interest will be credited to the main account. You can close the plan before the period expires, but in this case the interest will be lost. To close the plan, do the following:

  • Find the “Active Plans” section in the Stacking section.
  • Select the desired plan and click the “Close” button. Funds will return to the main account.

Top 5 best cryptocurrency exchanges

Exchange Bonuses Registration
1

Until 4000 USD

Registration Bonus
2

Until 10000 USD

Welcome Bonus
3

2 USDT

Welcome Bonus
4

1000 USDT

Bonus for futures trading
5

0%

Fee for withdrawal to bank card

WhiteBIT now offers 10-day, 20-day, 1-month, 3-month, 6-month, and year-long steaks. The interest rate for each period is different. That’s why it’s more profitable to choose a longer term. It is not possible to extend the open plan. After its completion, the user will receive funds with interest. After that he can open it again. It is possible to open several plans at the same time. But in this case the periods should be different. It is not possible to supplement the already opened plans, but it is possible to start another one in the same currency, but for a different period.

Referral program

WhiteBIT crypto exchange offers participation in affiliate program. Registered users can invite their acquaintances to the platform and receive 40% from the trading commission paid by them. An individual referral link is offered for each trader, which users have to use to register. The site has a section with information about the program and a calculator, which will help to find out how much the user will earn by inviting friends. It needs to specify the number of referrals and the average daily volume of their trade. The service will automatically calculate a trader’s potential income.

To become a member of the referral program, you need to register an account and go to the “Bring a friend” section in your cabinet. The link will appear on the open page, which can be copied and used to invite users. Commission from referrals is deposited to the partner’s balance once a month (on the first day of the month within 24 hours). It is displayed in the currency that was paid by the invited users.

Information about all referred users is available on the “Referrals” page in the “Affiliate Program” section of the WhiteBIT website. The date of registration through the link is displayed, as well as the verification status. All referrals are listed on this page, regardless of whether they trade on the exchange. At the moment earnings are credited, the user can see the “History of calculations” section. This page shows how much and in what currency a referral was earned. After accrual, the referral program section shows the total income in dollars.

Trading tournaments

The crypto-exchange holds trading tournaments in which users can win prizes. The site has a “Tournament” section, where you can read about active offers, upcoming and completed events. To become a participant, you need to register on the site, go to the section with information about tournaments, open details about the offer of interest and click on “Participate”.

The tournament details page will tell you how much time is left, the prize pool, pairs, and the leaderboard. Terms and conditions are also described in detail. By participating in any of WhiteBIT’s tournaments, the user agrees to them. They state that the table is updated every half hour. For each event, the trading volume is counted by the pair that is listed on the tournament page. The volume is the total amount of the user’s completed orders on the specified pair during the event. Rewards for participation are sent to the leader’s e-mail in the form of WhiteBIT codes. They are sent by e-mail and no later than 120 hours after the end of the tournament.

Bug Bounty

The exchange has developed the Bug Bounty program, through which users can earn rewards. To do this, users need to find vulnerabilities on the exchange. To be able to receive a reward, you need to inform the company’s technical support team about the finding. The administration is not limiting the maximum reward and can increase it depending on the vulnerability severity. The “Bug Bounty” section of the WhiteBIT website has a list of possible rewards for found vulnerabilities:

  • $500 for remotely executing code or manipulating user accounts.
  • $1,000 for XSS/CSRF/Clickjacking that affect trades, balances or deposits.
  • 1000 USD for stealing information that relates to passwords or partial bypassing of authentication.

Rewards are not charged for DDoS, Spam, Self-XSS, Social engineering attacks.

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