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Market News

WhiteBIT Launches QuickSend and Shake-to-Send Features

Written By Jahnu Jagtap
Published December 18, 2024 6:27 PM
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WhiteBIT Launches QuickSend and Shake-to-Send Features

WhiteBIT, the largest cryptocurrency exchange in Europe, has unveiled two new features designed to streamline cryptocurrency transactions for its users: QuickSend and Shake-to-Send. These innovations aim to simplify and accelerate digital asset transfers within the platform.

QuickSend allows users to transfer funds to other WhiteBIT users simply by using their nickname, eliminating the need for complex wallet addresses. This feature offers free transfers without additional fees and allows users to include personalized messages with their transactions.

WhiteBIT emphasizes the utility of QuickSend for both everyday transactions and cost-effective international payments.

The platform also highlights the feature’s chat-like interface, which stores transaction history and communication between sender and recipient, promoting easy access to information and financial control.

WhiteBIT’s announcement comes as the demand for instant transactions is projected to increase significantly. Citing Statista data, WhiteBIT noted the anticipated growth of the instant transaction market from USD 22 billion to USD 58 billion by 2028.

In a market first, WhiteBIT has also introduced Shake-to-Send within its mobile application. This interactive feature enables users to initiate a transaction by physically shaking their phones while within a 30-meter radius of the recipient.

Shake-to-send feature takes instant transactions to a new level for crypto payments, further simplifying and expediting in-person cryptocurrency payments.

Volodymyr Nosov, the founder and CEO of WhiteBIT, said, “The launch of QuickSend and Shake-to-Send demonstrates our commitment to innovation and creating tools that meet the needs of the modern user. We strive to make cryptocurrencies as accessible and convenient as possible by turning complex technologies into easy-to-understand solutions for everyone.”

He further added that these features are important steps in their mission to facilitate the mass adoption of blockchain technologies worldwide.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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