WhiteBIT Card Review | Key Characteristics And Fees

What is a WhiteBIT card?

WhiteBIT Review

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WhiteBIT card is a joint development between cryptocurrency exchange WhiteBIT Georgia and PayUnicard, the first non-banking institution in Georgia, which enables fast and contactless payments and cash withdrawals from Visa-compatible ATMs almost anywhere in the world. The digital card was launched in July 2023, and the creators plan to work on developing a loyalty program as early as October 2024.

The main advantages of the WhiteBIT card:

• The ability to use it in millions of locations around the world.

• Compatibility with Apple Pay and Google Pay, which greatly simplifies the process of contactless payments.

• Easy money withdrawal - the card supports dollars, euros and Georgian lari.

What you need to know about the WhiteBIT card?

Below we have outlined some of the main points concerning the use of the WhiteBIT card, namely: the list of supported currencies, types of tariffs, commissions, peculiarities of verification, real-time conversion, integration of the card with other applications and services.

Supported cryptocurrencies. The website does not specify the list of digital assets available on the WhiteBIT card. However, as for fiat currencies, the card supports GEL, USD and EUR.

Real-time conversion. At the moment of a transaction, the funds in your account are converted in real-time into the selected fiat currency (GEL, USD or EUR).

WhiteBIT account integration. Your card will be available in the PayUnicard app on iOS and Android, as well as directly on the WhiteBIT website, where a separate section will display basic information, such as balance, available currencies, and account plan. Here you will also be able to deposit or withdraw funds, change the plan, block or unblock the card. You can also add your card to Apple Pay or Google Pay for even more comfortable use.

Card types. WhiteBIT card has two card types - Standard and Premium. The Standard card supports EUR, USD, GEL, and the daily ATM withdrawal limit is $1,500 (or equivalent) with a flat fee of 2.8% of the total withdrawal amount. The monthly service fee is 3 dollars. Choosing the Premium tariff, you will be able to activate 2 cards at once, and the daily withdrawal limit increases to $2,000. The fee for ATM withdrawals is also 2.8%. The monthly subscription fee is 4 dollars. There are no limits on transfers within the PayUnicard wallet.

Global acceptance. The WhiteBIT website says that the card allows you to make transactions from virtually anywhere in the world. However, it is important to take into account the regional restrictions imposed by WhiteBIT. Residents of the countries listed in the screenshot below will not be able to get a WhiteBIT card.

WhiteBIT Exchange Official Site

Fees. Card-to-card transfer fee for Standard account is 2.5% and for Premium account - 1.5%. ATM withdrawal fee is the same for both types of cards and amounts to 2.8%. To replenish WhiteBIT account via PayUnicard wallet - 0.2% EUR/USD/GEL, and via e-commerce - 2.5%.

KYC verification. One of the main requirements for obtaining a card is KYC verification both on the WhiteBIT account (you can use an international passport, Georgian ID card, or Georgian residence permit for verification) and on the PayUnicard platform.

Is WhiteBIT card available worldwide?

WhiteBIT Card users will be able to make non-cash payments with the help of WhiteBIT Card anywhere in the world, and cash withdrawals are made exclusively at Visa ATMs, which can also be easily found in almost all countries.

However, such an impressive geography of use does not mean that anyone can become a WhiteBIT Card holder. The USA and the vast majority of European countries are not on the WhiteBIT Card blacklist. But residents of Albania, Malaysia, Panama, the Philippines, the Republic of Vanuatu, South Africa, Monaco, Luxembourg, Russia, Belarus, Ireland, etc. have fallen under regional restrictions.

How to get a WhiteBIT card?

To get a WhiteBIT card you need to take the following steps: check if you meet the basic requirements set by the WhiteBIT exchange, complete a quick verification, apply for KYC with PayUnicard, download the PayUnicard to manage your WhiteBIT card. We have outlined the detailed steps below.

• Go to the official website of WhiteBIT crypto exchange → Open the “Products” section → Select “WB Card” from the list.



WhiteBIT Official Site

• Select "Get your card," proceed with the registration steps, or log in if you already have an account. Make sure that your WhiteBIT account has two-factor authentication (2FA) and you have the first level of Holding WBT (this is the storage of WhiteBIT Token on a special balance on the Holding exchange, which guarantees users additional benefits and bonuses; there are 11 levels in total). Identity verification (KYC) is also a prerequisite.



WhiteBIT Official Site



Requirements for WhiteBIT card recipient

• To apply, go through express verification on WhiteBIT. To do this, you need to upload your passport, Georgian ID card or Georgian residence permit. If the documents are approved, a letter will be sent to your email. On average, it takes managers up to 60 minutes to process applications.



Verification process for application

• After successfully confirming your identity, click the “Continue” button on the WhiteBIT website or in the email.



Notification of successful verification process

• You will be automatically redirected to the PayUnicard platform, where you must create a new account or log in to an existing account.



PayUnicard website

• To register, fill out the form, providing your phone number, e-mail address, first name, last name, date of birth, nationality, passport number, and a password consisting of at least 8 characters. Check the boxes indicating that you have read the internal documents of PayUnicard and agree with their terms and conditions.



Registration process on PayUnicard

• A four-digit code will be sent to the phone number specified during registration, which you must enter in the appropriate field.



Form for entering a code on PayUnicard

• Next, you will be redirected to the authorization page to log in to your account. Enter the e-mail address you provided during registration and your password in the special form. Click “Log in”.



Authorization page on PayUnicard

• The next step is to pass verification on PayUnicard. Go to your user account and click on the “Not Verified” button, which is located in the upper right corner of the page. First of all, fill in the basic information about yourself: country of residence, city, address, zip code. Next, you need to specify data about your place of work and planned turnover of funds.



User account on PayUnicard

• Read and agree to the visual verification terms and conditions to proceed to the next step.



Visual verification conditions

• From the proposed list, choose the document you would like to provide for verification. It can be a passport or a residence permit.



Documents for verification

• Upload an image of your document and face, enter information about the document you are providing, including personal number, date of receipt, citizenship, etc. Once all the fields are completed, select "Next." The application will be considered by PayUnicard administration within 24 hours.



Verification on PayUnicard

• The application approval message will be sent to the phone number specified during registration. Your status will also be updated on the PayUnicard website.



Confirmation of verification request

• After completing all the steps, you can choose a package (Standard or Premium) and activate the card by paying the service fee according to the tariff.

How WhiteBIT card works?

The WhiteBIT Card is now available only in digital form and is used for online payments. A user only needs to link the card to Apple Pay or Google Pay to pay for a purchase or service. Also with its help you can easily withdraw cash from ATMs, paying a small fee of 2.8%. The list of available currencies for withdrawal is limited to lari, euro and dollars. The card validity period is 3 years. The daily ATM withdrawal limit for the Standard account is 1 500 USD (or EUR/GEL equivalent), and for Premium - 2 000 USD. You can change the card PIN code, replenish the balance, view the transaction history, etc. through your PayUnicard account.

What are the main WhiteBIT card benefits?

WhiteBIT Card simplifies the process of making cashless payments as much as possible and allows easy withdrawal of money at any ATM that supports VISA. Users do not have to worry about the safety of their funds, as the WhiteBIT Card has additional security settings so that no outsiders can enter the account. Other advantages of using the WhiteBIT Card are described below.

Key benefits of the WhiteBIT card:

• Apple Pay and Google Pay compatibility;

• the ability to use the card in millions of locations around the world;

• the ability to withdraw money in GEL, dollars and euros from Visa-compatible ATMs;

• high daily withdrawal limit - up to $2,000;

• possibility to activate 2 cards at once if you choose Premium tariff;

• loyal commission for withdrawal and transfer of funds from card to card;

• real-time currency conversion;

• favorable cashback from relevant purchases.

Conclusion: Should I Get a WhiteBIT Card?