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What’s AMM?

You have probably heard of Automated market makers over the last few months. But what exactly are those? AMM is a decentralized exchange (DEX) protocol that relies on a mathematical formula to price assets. This formula can vary. For instance, WhiteSwap has x * y = k, where x is the amount of one token, y is the other, while k is a fixed constant (the pool’s total liquidity).

There are two major types of automated market makers. One is governed and set up by professional market makers. …


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Here’s what has changed:

✔️The coin has migrated to the Cosmos blockchain.

✔️The project has implemented memo for deposits and withdrawals.

✔️VipCoin.Gold has got a new ticker, VCG.

Stay tuned!

WhiteBIT Team


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☀️Big news! The AMA with Justin Sun is coming soon☀️

Get ready for something truly exciting! We’re going to have an AMA with Justin Sun, CEO and founder of TRON Network.

Do you have something interesting to ask Justin? Submit your questions via this form and get a chance to win a reward 😉

The AMA will take place in our Telegram chat. The exact time of the AMA will be announced a bit later.

Get ready to learn more about the top-level crypto!

WhiteBIT Team


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🍦 Great news! VNLA is listed! 🍦

The Vanilla Network was created for the investor and betting enthusiast in all of us.

➕ VNLA itself is a deflationary token with a transaction cost of 5%.

A total of 450,000 Vanilla has been distributed in presale.

VNLA is paired against BTC, with two more pairs coming soon.

Enjoy trading fee-free for 2 weeks!

WhiteBIT Team


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Remember our P2P platform where you can exchange crypto and fiat without fees or KYC? It has got an app for iOS and Android!

You can track offers and check your balance in a few clicks. Enjoy the perks of the app:

☑️ easy-to-use wallet;

☑️ instant notifications about deposits and withdrawals of funds;

☑️ ads from P2P traders from all over the world;

☑️ in-app WhiteBIT Codes to transfer funds to other users.

Download the apps for iOS & Android now!

WhiteBIT Team


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🌞 We’re super excited to welcome SUN on board!🌞

That’s the news we can’t help sharing. Now you’ve got a chance to trade a top-notch coin everyone is talking about.

◾️ SUN is a TRC20-based crypto entirely managed by the community through its open-source smart contracts.

◾️ The cryptocurrency is aimed to promote the development of the TRON DeFi ecosystem.

◾️ SUN is designed as an advanced Bitcoin equivalent and has a limited supply.

◾️ SUN is paired against USDT.

Brighten your trading with SUN!

WhiteBIT Team


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🥳 We are happy to announce that WhiteSwapExchange (WSE) is about to join us 🥳

The initial liquidity mining phase went live on the 10th of November, 2020. It will run until the 10th of January, 2021, allocating 45,000,000.00 WSE.

To participate in liquidity mining, you should:

That’s it! Now you are a part of the governance process.

Keep up with our social media to be the first to learn about the listing!

WhiteBIT Team


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Time to introduce our latest changes on the Margin page!

Here’s what’s new:

This type of order works essentially just like on the Spot Trading. This means there’s no need to worry about missing the desired price. For example, if you need to buy an asset for $10K and not higher, Limit Order will do it before the price rises.

2. Improved Position History

Position History has a new design and more information stored on three levels. …


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👀 Did someone say memo? 👀

We are happy to inform you that STARK Chain withdrawals on our exchange are now available with an optional alphanumeric memo, limited to 30 characters.

Send messages, and include useful information in your transaction to immortalize it in the Blockchain forever. Try STARK out now!

WhiteBIT Team


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⚡️ We’re excited to have BCNA listed! ⚡️

◾️ BitCanna (BCNA) is a crypto by BitCanna, a decentralized payment network for the legal cannabis industry.

◾️ The BitCanna blockchain enables traceability of the entire supply chain of cannabis-related products.

◾️ The crypto asset has a fixed supply of 420.000.000 units.

◾️ BCNA is paired against BTC, with a USDT pair to be added soon.

Reach new heights in trading!

WhiteBIT Team

About

WhiteBIT

WhiteBIT is a crypto exchange platform. We guarantee security, reliability and lower fees for our users. Trade your way with us!

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