New to WhiteBIT? Use a WhiteBIT Referral ID while registering a new account and use WBT to receive a fee discount up to 100%.
Whether you are a seasoned trader or stepping into the digital assets world for the first time, identifying ways to earn passive is a smart move. But while at it, take advantage of any opportunities you get to save a few coins here and there.
With that in mind, today, we have yet another exclusive code that will help you save on your trading fees. Sign up to WhiteBit using our special referral ID, and you’ll unlock a myriad of benefits.
Enjoy up to a 100% maker fee discount and up to 90% taker fee discount as a WBT holder, among other incentives that we’ll discuss later in this article.
The WhiteBit Referral ID in 2023 is: 98220c88-f039-4d06-92a5-b00c503f549b.
Benefits of Using a WhiteBIT Referral ID
Currently, there are no additional benefits of using a WhiteBIT Referral ID. The below benefits can be used by everyone, also if you didn’t use a referral code. The only thing you need to do is hold their WBT token.
|Our referral code||98220c88-f039-4d06-92a5-b00c503f549b|
|Maker fee discount||Up to 100% discount|
|Take fee discount||Up to 90% discount|
|Total Bonus||100% fee discount by holding WBT|
Sign up to WhiteBIT today and start enjoying this special discount. But remember that this is not an upfront discount but what will be deducted from your trading fee after executing your trade. Also, you need to hold their native WBT token.
Explanation of 100% Fee Discount by Holding WBT
When you use the Referral ID: 98220c88-f039-4d06-92a5-b00c503f549b, you will get a discount on your trades. This is based on how much WBT you hold. By buying WBT, you invest in the WhiteBIT exchange and they offer some benefits for that.
But remember that to get a 100% discount on your trading fees, you must be a WhiteBIT client who owns a significant amount of WBT tokens. When you have WBT in your account, the discount will be applied automatically.
Overview of fee discount with WBT
|Level||WBT on main balance||Maker fee discount||Taker fee discount|
Keep in mind, 30,000 WBT is currently around $165k. By holding WBT you can receive an additional yearly rewards up to 22%. When you hold at least 200 WBT, you can join the Launchpad.
How to create an account using the WhiteBIT Referral ID?
Creating an account on WhiteBIT with our Referral ID is straightforward. It literally takes less than 2 minutes! Here’s how it works:
- Go to your browser and open the WhiteBIT exchange.
- Click on the ‘Sign Up’ button at the top right corner.
- Enter your email and password.
- Paste the Referral ID: 98220c88-f039-4d06-92a5-b00c503f549b in the ‘I have the referral ID’ section.
- Confirm your country of origin and proceed to register your account.
- You will also be required to upload a valid government ID and selfie for KYC verification. (Note: This will increase your withdrawal and deposit limits).
- Make your first deposit and start enjoying the exclusive perks of using this WhiteBIT Referral code.
What is WhiteBIT?
WhiteBIT is an Ukrainian cryptocurrency exchange that was founded in 2018. Today, the platform serves over 10 countries and 4+ million users across Europe, Asia, and the CIS countries.
You can trade over 400 pairs on the platform, including popular coins like Bitcoin, Ethereum, Solana, Litecoin, Ripple, and DASH. Besides the simplified basic trading, WhiteBIT offers its users spot and margin trading options.
But that’s not all, there are various investment options like crypto lending and staking. In addition, the platform is mainly known for using offline cold wallets to secure over 96% of its digital assets. That ensures the users’ coins are safe even if there’s a cyber-attack.
Why Use WhiteBIT
WhiteBIT is a licensed crypto exchange with a wide range of features that make the experience pretty enjoyable for new and professional traders.
Some of the benefits of trading on the platform include:
- Extensive List of Cryptocurrencies: WhiteBIT supports dozens of popular cryptocurrencies and altcoins, including BTC, LTC, SOL, XRP, ADA, and LTC.
- Fiat Support: The platform allows traders to easily transact regardless of location. WhiteBIT supports ten fiat currencies, including USD and EUR.
- Multiple Trading Options: There’s basic trading for beginners, spot trading, margin trading, P2P market, and multicurrency trading.
- Variety of Deposit/Withdrawal Options: You can deposit or withdraw funds from the platform using e-wallets, credit/debit cards, or bank transfers.
- Lucrative Investment Options: The platform has a simple system that allows you to invest in blockchain projects.
- Low Commission and Trading Fees: WhiteBIT’s commission doesn’t change. You are charged 0.1% of your trading amount—no hidden fees.
- Large Trading Volumes and High Liquidity: WhiteBIT has a stable market where you can trade quickly and at fair prices.
- WB Card: Spend you crypto easily with the VISA crypto debit card.
Although you will experience many benefits trading on WhiteBIT, the platform has a few limitations. For instance:
- No Phone Support: If you want to reach the customer support team, you can only communicate via the website’s Live Chat or Email. This is not ideal in situations where you need prompt communication.
- No Advanced Trading Options: There are no other advanced investment options besides staking.
WhiteBIT Referral program
WhiteBIT has a Referral Program that we feel is something worth mentioning in this article. This is another excellent opportunity to earn passive income on the platform. The program allows you to get up to 50% of the trading fees your referrals generate. Simply create your account, then share your unique affiliate link with friends and family. You’re allowed to share your referral code below in the comments.
Please note that the commission is standard 40% of the fees. It’s possible to raise this amount to 50%, but for this you need to hold at least $11 million of WBT tokens. Small chance that anyone own so much WBT.
The WhiteBIT Referral ID is 98220c88-f039-4d06-92a5-b00c503f549b. Use this referral code when signing up on the platform for the first time to enjoy special discounts.
When you use the WhiteBIT Referral ID: 98220c88-f039-4d06-92a5-b00c503f549b to create an account on the platform, you will receive currently no additional benefits. But you’re eligible to up to 100% fee discount as long as you hold WBT.
WhiteBIT hasn’t been hacked or experienced any cyber-threat so far. And on top of that, WhiteBIT stores more than 96% of user’s digital assets in cold wallets.
The withdrawal time, according to the exchange, is between 1 to 60 minutes, depending on your chosen cryptocurrency.
Once you join the WhiteBIT referral program, you will receive your referral’s commission monthly on the first day of each month. The commission will be displayed on the currencies your referrals traded throughout the month.