How I applied the new WB Check by WhiteBIT in practice

I’ve been trading crypto for more than six years and explaining market structure almost as long. Some people delay entering the market not because they lack understanding, but because they’re afraid of executing their first move incorrectly. A colleague recently mentioned he’d been following my reports for months yet still hadn’t taken his first position - not because he disagreed with the strategy, but because he didn't want his first move to be “the wrong one”.

I reviewed available entry methods across platforms - most required upfront deposits, full registration, or an active wallet before any exposure. WB Check, a recent feature introduced by WhiteBIT, provided a more flexible alternative. It allows issuing a crypto-denominated check that can be activated later. I created one for a small amount and sent him the activation code.

Here’s how I applied it. I used a revocable format to retain control until activation and added a brief note to clarify the intent. The steps below reflect the exact process.

Setting up the WB Check in practice

1. I logged in to my WhiteBIT account and went to Products > U Finance > WB Check.

1. I set 100 USDT as the check amount. At this stage, it’s also possible to add a short note to specify the purpose.

1. I set the check as revocable and confirmed the creation via my security method.

1. After confirmation, the check appeared in My WB Checks > Active. From here, I could access full details or preview the visual version before sharing the activation code.

When using WB Check becomes strategically relevant

WB Check allows you to allocate an asset while postponing execution. You define the amount in advance - activation happens once market conditions align. The intent stays active without committing capital immediately.

During onboarding, it enables first contact with an asset without requiring full registration or depositing upfront. In multi-account or team settings, it works as a controlled transfer tool with execution deferred.

The check supports both revocable and irrevocable formats, defining how much control remains with the sender before activation. Security is maintained throughout issuance and redemption via multi-layer verification. It stays valid for up to five years with a fixed creation fee (0.5%).

The strategic benefit lies in separating decision from action while preserving control and flexibility - especially when market timing or readiness is still forming.

Final remark

Once the check was issued, the barrier to entry shifted - not because a trade happened, but because the option to act became real. Whether he activates it tomorrow or waits for a more suitable cycle is secondary. The option already exists - action now depends only on timing.