Trade on WhiteBIT using Axon Trade FIX API

Trading

The trading session offers a rich set of commands for building a reliable trading application, strategy, or platform. You can open, cancel, or modify orders, request open orders, balances, and positions, and receive notifications in real-time about trading-related events.

List of supported FIX commands on WhiteBIT:

NewOrderSingle

OrderCancelRequest

OrderCancelReplaceRequest

RequestForPositions

MassOrderStatusRequest

TradingSessionStatus

Market Data

Axon Trade also provides real-time normalized market data from WhiteBIT in FIX 4.4 format. The data contains full book updates (L2) + trades and is presented as a full book snapshot followed by a series of incremental updates.

WhiteBIT, founded in 2018 by CEO Volodymyr Nosov, is a Europe-based cryptocurrency exchange that quickly rose to prominence, attracting over 4 million users globally. Originally established in Ukraine, the company relocated its headquarters to Lithuania and has since expanded its reach, boasting a daily trading volume of approximately $2.5 billion. Known for its user-friendly interface, WhiteBIT is popular among both beginners and advanced traders, providing a variety of tools and a wide selection of cryptocurrencies for diversified trading portfolios.

Key Features of WhiteBIT

• User-Friendly Interface. WhiteBIT's platform is designed to be intuitive, making it accessible to newcomers while also accommodating seasoned traders. The dashboard layout is straightforward, featuring quick access to trading pairs, tools, and educational resources, including a blog with articles covering essential trading topics. For traders on the go, WhiteBIT’s mobile app offers the same seamless experience, ensuring that users have full functionality across devices.

• Security Measures. WhiteBIT prioritizes security, incorporating robust measures to protect user assets. Standard security features include two-factor authentication (2FA), anti-phishing codes, and identity verification through KYC (Know Your Customer) to prevent fraudulent activities. The platform also implements Anti-Money Laundering (AML) protocols to monitor for suspicious transactions. Additionally, WhiteBIT has achieved high-security ratings from various audit firms, including a AAA rating from cer.live and recognition as one of the top secure exchanges by Hacken. WhiteBIT stores 96% of digital assets in cold wallets, with an insurance fund covering up to $30 million in assets, further enhancing its reputation as a safe trading environment.

• Supported Cryptocurrencies. WhiteBIT offers trading for over 270 cryptocurrencies, including major coins like Bitcoin (BTC), Ethereum (ETH), and various altcoins. Users can trade more than 480 pairs across crypto-to-crypto and crypto-to-fiat markets. The platform also has its own native token, WhiteBIT Token (WBT), which provides traders with fee discounts and other benefits.

• Advanced Trading Options. WhiteBIT caters to both beginner and advanced traders with a suite of trading options. Spot trading is available with standard order types, including Stop-Limit and Stop-Market, for simple transactions. More experienced users can explore futures and margin trading, with up to 100x leverage on futures and 10x leverage on margin trades. Additionally, WhiteBIT’s Bitcoin Global feature offers a peer-to-peer exchange, where users can trade BTC and Tether (USDT) with no fees in the first month. Gamified trading competitions are also available, where users can compete against others for rewards, adding an exciting layer to the trading experience. This gamification approach engages the community and provides additional earning opportunities.

• Earning Opportunities. Beyond traditional trading, WhiteBIT provides several earning options, including staking, where users can earn rewards by holding specific coins. The platform also has a referral program, allowing users to earn up to 50% of trading fees generated by their referrals. There is no limit to the number of referrals, giving users a scalable earning potential. Additionally, WhiteBIT offers a lending feature, where users can lend their crypto to other traders, setting their terms and earning interest over the lending period. Another attractive feature is the WhiteBIT Launchpad, where users can invest in upcoming crypto projects before they hit the open market. This feature is ideal for users looking to support promising projects and diversify their investment portfolio.

Trade on WhiteBIT with Axon Trade

For traders seeking to elevate their experience on WhiteBIT, Axon Trade offers an integrated solution that enhances trading efficiency and precision. By utilizing Axon Trade’s advanced FIX API, users gain seamless access to WhiteBIT’s markets, facilitating faster and more accurate trade execution. This integration is particularly valuable for institutional clients and professional traders who require rapid and dependable access to high-liquidity markets.

Axon Trade’s real-time, normalized market data ensures that traders remain informed of market movements on WhiteBIT, enabling smarter, data-driven decision-making. Whether managing complex portfolios, executing high-frequency trades, or leveraging futures and margin options, Axon Trade's order and position management tools provide comprehensive support. This powerful integration allows users to handle both high-stakes trades and strategic investments with ease, maximizing the potential of WhiteBIT’s diverse trading options.

By combining WhiteBIT’s secure infrastructure and Axon Trade’s specialized trading tools, users can experience a streamlined, robust trading environment optimized for professional-grade performance. This partnership positions traders to capitalize on the expansive offerings of WhiteBIT while benefiting from Axon Trade’s enhanced functionalities.