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WhiteBIT launches WB Check to simplify digital asset transfers

WhiteBIT, one of Europe’s largest cryptocurrency exchanges, has launched WB Check, a new feature that streamlines crypto transfers between users on different wallets and platforms, without requiring a WhiteBIT account.

The tool enables senders to choose an amount and currency, while recipients simply enter their wallet details to claim the funds. Each WB Check remains valid for up to 5 years, giving recipients the flexibility to withdraw funds at their convenience.

A more flexible way to transfer digital assets

WB Check is designed to eliminate common pain points in digital asset transfers, such as compatibility issues, onboarding delays, or verification steps. 

The feature supports both revocable checks, which can be canceled before withdrawal, and irrevocable ones, protected by a six-digit code for added security.

“WB Check continues our work on making digital asset tools more convenient and accessible for everyday use,” said Volodymyr Nosov, Founder and President of the W Group ecosystem, which includes WhiteBIT. “People should not have to change wallets or complete onboarding steps just to receive funds. Our goal is to develop solutions that support financial autonomy, encourage broader adoption of digital assets, and help shape a more mature and user-oriented financial culture.”

How WB Check works

To create WB Check, users select the amount and currency, then choose a security level. A revocable WB Check requires no password and can be canceled by the sender anytime before the recipient withdraws funds. An irrevocable WB Check requires a six-digit access code and cannot be canceled after creation.

The WB Check can be shared via link, email, or by printing a PDF with a QR code, once set up. The recipient then enters their wallet address and receives the funds instantly.

When WB Check is useful

WB Check is designed for a range of everyday situations where traditional crypto transfers can be inconvenient. It can be used to settle with partners in different time zones, send rewards or honorariums after events or collaborations, return or reallocate funds, or gift digital assets to users who may not yet have an account on a specific platform.

Recipients can claim a WB Check whenever they choose and from any compatible wallet, making it a flexible option for both personal and business use.

What makes WB Check unique

While crypto transfers are common, WB Check introduces a flexible, account-free format that allows for direct, on-demand transfers. Transactions are not limited by working hours, can be activated from any compatible wallet, and do not require the sender to input the recipient’s wallet details. 

Each WB Check remains valid for five years and combines high security standards with ease of use.

Availability

WB Check is now available to WhiteBIT users. It can be activated with compatible wallets and exchanges, subject to jurisdictional restrictions and platform terms. The feature provides a simple, direct option for digital asset transfers that are independent of platform onboarding or additional verification steps.

Featured image via WhiteBIT.

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