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The time of intense hardship is a great litmus test for many companies and individuals who operate in the public sphere. Right now, the world is experiencing an unimaginable terror of war in Ukraine, the heart of Europe. Standing on the side of peace and defense of Ukraine is currently among the priorities of many socially responsible companies. WhiteBIT, the largest European cryptocurrency exchange, stands out from the other companies in the field by carrying out numerous charitable campaigns and partnerships to help Ukraine. What do we know about the WhiteBIT ecosystem? Let’s bring the company into focus and find out more. What is WhiteBIT? The WhiteBIT crypto exchange was founded in Kharkiv, Ukraine, in 2018 by a group of friends devoured by a passion for implementing a big dream. The center of their idea was to create an ecosystem and bridge the world of traditional technologies and blockchain. Moreover, this ecosystem had to be easily accessible to the broad public. Volodymyr Nosov, the CEO of WhiteBIT, has repeatedly emphasized that all innovations and improvements of the platform are made for the users' convenience and organic integration of blockchain into people's everyday lives. Now, the exchange is being used by over 2 mln users worldwide, offering more than 450 trading pairs with the most popular and relevant cryptocurrencies and over 30 pairs with national currencies. Since 2018, the exchange has broadened its ecosystem with other projects like the WhiteSwap decentralized exchange, the Whitepay crypto processing system, the Bitcoin Global P2P cryptocurrency exchange platform, and the Gagarin Show cryptocurrency YouTube show. WhiteBIT is considered among the Top 3 most secured crypto exchanges in the world according to the cer.live rating. 96% of all assets of the exchange are stored in cold wallets under a strong layer of protection. Functionality The exchange offers a wide range of services to ensure its users have the best experience. Spot trading Over 250 digital assets are currently available for trading in more than 450 pairs. Novice traders can learn the basics of crypto trading with the help of Demo Token, a unique tool for learning how to trade. There are 6 types of orders for spot trading: Limit, Market, Stop-Limit, Stop-Market, Conditional-Limit, and Conditional-Market. Margin trading The exchange enables the users to increase their capital with the help of up to 20x leverage. The Limit, Market and Trigger-stop-market orders are available for margin trading. The daily fee for margin trading is 0.098%. Futures trading Recently, the exchange released a large-scale update of its functionality, with perpetual futures contracts as the centerpiece. The first contract is USDⓈ-M and the BTC/PERP pair. SMART Staking Users can purchase an asset of their choice, store it on one of the available plans for 10, 90, or 360 days, and profit from it. Referral program Users can invite friends to sign up on the exchange with their referral links and get 40% of the trading fees of these invited referrals. WhiteBIT Codes WhiteBIT Codes allow users to transfer funds within the exchange instantly and fee-free. The creation and activation of the codes are carried out in a few seconds. Trading competitions A trading competition is a tournament where participants with the highest trading volume share a special prize pool. WhiteBIT and Ukraine As we mentioned before, the WhiteBIT ecosystem originated in Ukraine, with most of its staff being of Ukrainian origin. The company has been engaging in various campaigns aiming to help the Armed Forces of Ukraine as well as the affected civilians since the beginning of the Russian invasion. “Helping Ukraine is not a matter of duty, but a moral obligation of everyone who supports the basic principles of the civilized world,” says Volodymyr Nosov, the CEO of WhiteBIT. What contributions have been made by WhiteBIT to help Ukraine? Whitepay x WhiteBIT fundraising campaign Right after the war broke, Whitepay initiated the fundraising campaign for the humanitarian needs, the AFU, and the Ministry of Health of Ukraine. The company created a unique platform where people can donate cryptocurrency or any national currency. The contribution can be done from any part of the world through a convenient Whitepay service. Whitepay x United24 United24 is a charitable initiative of President Volodymyr Zelensky of Ukraine that has a like-named fundraising platform in its center. Whitepay provides its service as a payment processing platform that guarantees the safety and security of crypto contributions. The donation can be made right on the United24 platform. Donations WhiteBIT has made the most significant contribution to the United24 platform in the amount of 10 000 000 UAH. State partnerships WhiteBIT partnered with the online state service Diia to make the identity verification process for Ukrainian users faster and easier. Fast verification helps users carry out operations with national currencies, which is very helpful in times of unstable economic conditions. Moreover, WhiteBIT signed a memorandum with the Ministry of Foreign Affairs of Ukraine to support the Ukrainians who had to flee the country. As part of the partnership, the Ministry of Foreign Affairs of Ukraine received seven sets of special technical equipment for emergency assistance to Ukrainian citizens in emergencies abroad. Eurovision trophy ​​WhiteBIT has bought the trophy of the Kalush Orchestra, the winners of the Eurovision Song Contest, as part of a charity auction for $900,000. The funds will be directed to the humanitarian needs of Ukrainians and the Armed Forces of Ukraine. Wrapping up WhiteBIT is the largest European crypto exchange of Ukrainian origin that has been actively helping Ukraine during the war. The company engages the power of its authority in the crypto community to draw the public attention to the invasion problem and puts all efforts into accelerating Ukraine’s victory. Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Forget Silicon Valley. How about Web3 Greenery? Meet ‘The Melon.’ Covered:  Melon v1.0 Launches Bringing the Next Billion Users to Blockchain Melon v1.0 Launches Building dApps and crypto protocols require significant dedication. Oftentimes developers bootstrap their dApp without any funding, support or advising. In order to build future-proof applications, crypto and Web3 builders need launchpads. […] The post The Melon: Industry Giants Launch Web3 Incubator appeared first on CryptosRus.

[PRESS RELEASE – Vaduz, Lichtenstein, 14th December, 2021] Humans.ai, deep tech company developing an all-in-one platform for AI-based creation and governance at scale, is excited to announce that its native HEART token is now listed on one of world’s top cryptocurrency exchanges, KuCoin, as of Monday, December 13th, achieving over 30 mln. volume on the first […]

Polygon is acquiring the startup Predicate Labs, the developer of the Mir blockchain protocol, for $500 million. The project will pay $100 million worth of USDC stablecoins and 190 million MATIC tokens, equivalent to just over $400 million at current prices. These MATIC tokens will have a vesting period of three years. MATIC is a […] The post Polygon Acquires Mir Protocol Developer for 190 Million MATIC & 0 Mln USDC first appeared on BitcoinExchangeGuide.

After weeks of slow activity, finally, the inflows in the cryptocurrency industry have come rushing in. For the week ending October 22, crypto investment products saw record inflows totaling a whopping $1.47 billion, according to CoinShares’ weekly report. The previous weekly record was at $640 mln seen earlier this year in February. This has been […] The post Investors Continue to Take Profit on Ether While Pouring Money in Solana and A Record .45 Billion in Bitcoin first appeared on BitcoinExchangeGuide.

VEE token dropped 46.3% to its lowest low after putting in a new ATH just three days back. Down 72% from its peak, PNT recorded a 27.5% drop in its price following the attack. The post Avalanche-based Vee Finance Lures Attacker with a Bounty Program, PNetwork Offers .5 Mln to Retrieve Stolen WBTC first appeared on BitcoinExchangeGuide.

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This week, the US Securities and Exchange Commission (SEC) charged Steven K. Sprague, President of Rivetz Corp and CEO of Rivetz International SEZC, and both the companies with conducting an illegal, unregistered offering of securities through an initial coin offering (ICO). It raised $18 million in Ether through this ICO that was not registered with […] The post Four Years After the Act, SEC Charges Issuers for An Mln Unregistered ICO first appeared on BitcoinExchangeGuide.

Billionaire manager Bill Miller invested in GBTC when it was at a steep discount as it provided “additional upside potential.” Also bought $21.5 mln of COIN shares, calling it “quite a steal.” The post Bitcoin ‘Early’ in the ‘Adoption Curve’ and Has ‘Significant Upside Potential’ as Digital Gold, says Miller Opportunity Trust in SEC Filing first appeared on BitcoinExchangeGuide.

The layer-1 platform is processing more than a million transactions and recording 16.5k FTM in fees as TVL hits $750 mln and FTM token nears $0.95 peak. The post Fantom Sees an Avalanche of New Activity to Hit Records, Announces Rewards to Build on the Platform first appeared on BitcoinExchangeGuide.

In the non-fungible tokens (NFT) world, the NFT marketplace OpenSea is showing no signs of slowing down, hitting a new all-time high every other day. As daily volume on OpenSea hit nearly $323 mln high, the monthly volume record has skyrocketed past $3.3 billion, according to Dune Analytics. In July, the monthly volume was roughly […] The post OpenSea Dominates the NFT Market, Floor Price Continues Its Uptrend as Alameda Apes In, Solana Joins Too first appeared on BitcoinExchangeGuide.

“It's vital that we as a force adapt to what is an emerging type of crime, and demonstrate that there will be repercussions, regardless of the platform this fraudulent activity takes place on,” said Detective Chief Inspector Joe Harrop of Greater Manchester Police's Economic Crime Unit. The post UK Police Seizes .25 Mln in Ether & Other Cryptos in a BSC-based Scam first appeared on BitcoinExchangeGuide.

What remains to be recovered is the $235 million of funds that have been sent to a “shared multisig” account which requires the keys from both the Poly Network and the hacker to access and the $33 million USDT frozen by Tether. The post Poly Network Declares the Hacker a “White Hat” After He Returns Almost All the Stolen 0 Mln first appeared on BitcoinExchangeGuide.