WhiteBIT TR offers a wide range of opportunities to earn money by trading and investing in cryptocurrencies. If you are a WhiteBIT TR user and would like to learn more about how you can make money on this platform, this article will take a closer look at the best ways to do so.

There are several ways to make money on WhiteBIT TR. We will look at the main ones below.

Spot Trading

Spot trading is a classic way to make money on cryptocurrency exchanges. It involves buying and selling cryptocurrencies at the current market price.

You can make money from spot trading on WhiteBIT TR in the following ways:

Analyse the market: Use technical and fundamental analysis to predict price movements. Tools for analysing charts and historical data are available on the platform.

Trading pairs: Trading pairs with the Turkish Lira (TRY) are available on WhiteBIT TR. This means that you can directly buy and sell cryptocurrencies for TRY, which is convenient for Turkish users.

Short-term trading: For active traders in particular, spot trading allows you to make money on cryptocurrency fluctuations in a short period of time. You buy cryptocurrencies when the price goes down and sell them when the price goes up.

Information on how to place an order can be found here.

Trading Competitions

Trading competitions are competitions among traders held on the WhiteBIT TR platform, where participants compete for the trading volume for a certain period. The winners receive prizes in the form of cryptocurrency, which can be used for further trading or withdrawn to a bank account.

Each competition may have its own conditions. Rewards are distributed among the best participants by trading volume. You can earn money by participating in trading competitions in the following ways:

Active participation: If you trade successfully and take prize places, you can win generous rewards.

Improving your skills: Participating in such competitions allows you to improve your trading strategies, which can increase your chances of making bigger profits in the future.

Choosing the right tournament: Choose tournaments that match your experience level and trading strategy. If you are a beginner, start with smaller tournaments with a low entry threshold.

In order to find out more information about trading competitions, you can read the relevant article in our Help Center.

Activities

In addition to trading competitions, WhiteBIT TR often holds various activities that allow you to receive additional funds or other benefits. These are the temporary promotions for new and existing users.

As a rule, you can get a reward for registering and passing KYC verification, making your first deposit on the exchange, subscribing or posting on social media, reaching a certain trading volume, etc. You can view a list of current promotions on our blog by going to the Activities tab.

SoulDrop

SoulDrop is a unique rewards distribution mechanism created by WhiteBIT, integrated into the Whitechain blockchain. It allows users to earn rewards in WhiteBIT Coin (WBT) by holding and engaging with WBT through their platform. The rewards are distributed based on several factors, including the amount of WBT held and the duration of the holding period, which must be a minimum of 30 days to qualify.

To participate in the SoulDrop rewards distribution, all you need to do is follow a few simple steps:

1. Create your WB Soul by following this link;
2. Transfer your WBT to Holding on WhiteBIT TR. It is also worth remembering that the minimum amount to participate in SoulDrop is 10 WBT;
3. Make sure the holdAmount attribute is not hidden in Whitechain network. You can check this on the WB Soul management page.

Ambassador Program

WhiteBIT TR Ambassador Program provides an opportunity to earn money by promoting the cryptocurrency exchange among your audience on social media or other platforms. In order to join the program, you need to have a significant audience (over 5,000 subscribers) and an interest in cryptocurrencies and blockchain technologies. To take part in this program, you have to complete the application form via this link: https://whitebit-tr.com/en/ambassador

The ambassador's earnings may include various gifts, bonuses, and discounts. These can be special offers that WhiteBIT TR selects individually for ambassadors.

The benefits include priority support, access to exclusive promotions, and flexible terms of cooperation that help to engage your audience. If you have a large and active community, the earnings can be substantial.

Support

In case of any questions related to the functionality of our exchange, you can:

• Leave a request on our website;
• Write to the support email: support@whitebit-tr.com;
• Write to the chat using the button in the lower right corner of the screen (in the upper right corner of the WhiteBIT TR app, click ).