Bitsgap is one of the most popular cryptocurrency bot trading platforms using API to connect to different crypto exchanges. It was founded in 2018 by Max Kalmykov and provides an excellent platform for crypto trading and portfolio management. Bitsgap recently partnered with WhiteBIT exchange, a well-known exchange to trade cryptocurrencies.
Users can connect their WhiteBIT account to a BitsGap account, thereby accessing highly structured crypto trading bots and can trade with more than 15 best crypto exchanges. This article explains the WhiteBIT exchange and the advantages of connecting it with the BitsGap Platform. We will also tell you how to link the WhiteBIT account with BitsGap in a few easy steps.
What Is WhiteBIT?
Founded in 2018, WhiteBIT is a well-known centralized cryptocurrency exchange based in Kharkiv, a Ukrainian city. The exchange has over 3 million users, and it is one of the biggest European exchanges catering to 190 countries with 700 specialists onboard.
Check out WhiteBIT’s first-rate fact sheet:
WhiteBIT has more impressive features, such as
- More than 350+ trading pairs
- 10 fiat currencies – USD, UAH, EUR, KZT, TRY, GEL, GBP, PLN, CZK, BGN
- 96% of digital assets are stored in cold wallets
- The exchange’s daily trading volume, on average, is 2.5 billion dollars
- Over 270+ assets
The WhiteBIT ecosystem also includes the following components:
The ecosystem of WhiteBIT provides a wide range of tools and features besides cryptocurrency trading. Some of them include the following-
- The exchange allows free and instant transfers between wallets
- A crypto processing platform, WhitePay, supports donations, currency exchange, POS terminals, crypto acquiring, and invoicing.
- Offers a P2P exchange platform known as Bitcoin Global
- One of the famous shows – the Gagarin show, is the world’s first show about the cryptocurrency industry
- WhiteBIT is one of the top three trustworthy exchanges to have the highest AAA cybersecurity rating offered by CER.live
- The exchange offers an innovative marketplace for trading CS: GO skins known as WhiteMarket
- A decentralized exchange WhiteSwap (AMM DEX), runs on Ethereum and Tron blockchains
- A unique ecosystem tool called WhiteBIT Earn for earning passive income
- To top up your balance on WhiteBIT exchange, it offers WhiteEX physical cards
Unsurprisingly, security and compliance are among WhiteBIT’s top priorities:
- The WhiteBIT exchange takes compliance and security seriously and has implemented several security measures to secure and protect its users’ assets.
- This exchange’s best features are its high liquidity, various crypto assets, low trading fees, and multi-level security system.
- 96% of the digital assets of the exchange are stored in cold storage, offering an additional layer of security against threats and hacks. It also uses Web Application Firewall (WAF) to block and detect hacker attacks.
- In 2022, WhiteBIT was audited by Kacken.io and was compiled to meet the highest and strict security standards.
- The exchange also complies with International Anti-Money Laundering Group (FATF) standards, ensuring transparency in operations.
- The exchange has a Bounty program known as WhiteBIT’s Bug Bounty Program, which rewards users who detect security vulnerabilities, thereby maintaining a high level of security.
Benefits of Connecting WhiteBIT to BitsGap
As per this BitsGap review, Bitsgap is a well-known cryptocurrency exchange connecting over 15 exchanges, including WhiteBIT, to a single intuitive interface. It also provides additional features like advanced trading tools not offered by other exchanges.
Advantages of connecting WhiteBIT to BitsGap:
Super easy and safe
- WhiteBIT users can connect with BitsGap and easily access a wide range of advanced trading features and tools not offered by other exchanges. Users only need an encrypted API key to integrate both platforms.
- BitsGap cannot access anything except trading and balance viewing, which shows the platform is safe and secure.
- Additionally, BitsGap employs robust security features, including 2048-bit encryption, to protect users’ accounts.
State-of-the-art trading bots
- BitsGap provides state-of-the-art trading bots and a wide range of automated trading tools for WhiteBit users.
- Traders can use this to automate their trading strategies to take advantage of favorable market conditions.
- Using bots such as GRID and DCA with multiple variations, traders can use different trading strategies and styles.
24/7 support
BitsGap offers a fantastic support team 24×7 to help users. The support team provides services in five languages, which allows traders to get the required support whenever they have queries or doubts. With this type of help, users can benefit from support when needed in technical support or other issues.
How to Connect WhiteBIT to BitsGap
You can easily connect WhiteBIT to BitsGap with the list of steps outlined below –
WhiteBIT
The first step is to log into your WhiteBIT account using your credentials
The next step is to generate an API key and enable 2FA on the security page
In the account settings page, navigate to the API page
Generate a new API key on the API page and enter the 2FA code when prompted
Copy both the API key and secret key
The next step is to click the “Endpoint access restrictions, which allows users to edit access permissions, which can be done as follows –
- Trade balance and order history – ON
- Order Management – ON
- Deposit – OFF
- Withdrawal – OFF
- Balance Transfer – OFF
- Codes – OFF
When you finish this, click “Apply Changes” and confirm with the 2FA code to complete the process.
BitsGap
Here are a few steps to connect with BitsGAP-
- Visit BitsGap, go to “My Exchanges” Page
- Click “Add new exchange.”
- Choose WhiteBIT from the available list of exchanges
- Enter the API information, i.e., your API Key and secret key, and click connect
- WhiteBIT will be seen on the “My Exchanges” page showing “connected” status if the added information is correct.
BitsGap + WhiteBIT = Win-Win Partnership
The partnership between WhiteBit and BitsGap is a win-win partnership for both platforms. BitsGap is actively associating with WhiteBIT to offer exciting activities for their users where they can earn freebies or learn new things. It provides several AMA sessions where a WhiteBIT representative will answer any questions put forward by the community.
