Phemex

AmberApp vs WhiteBIT

AmberApp Logo

AmberApp

AmberApp (formerly amber.) is a Bitcoin savings wallet. It offers DCA (dollar-cost averaging) tools and other automation that can help you easily acquire Bitcoin over time using your traditional bank account. AmberApp does not currently pay intere...

WhiteBIT Logo

WhiteBIT

WhiteBIT is a popular crypto exchange with a lending product called Whitebit Crypto Lending. Crypto Lending at WhiteBIT

Platform
AmberApp Platform
WhiteBIT Platform
Website
Bonus
$10 BTC with first purchase
Token
Founded
2017
2018
Headquarters
Australia
Estonia
Availability
Australia, majority of USA
Worldwide

Cryptocurrency Rates

BTC Rate
0.23%
BTC Max
17.39%
ETH Rate
0.23%
ETH Max
17.39%
LTC Rate
1.01%
LTC Max
17.39%
DOGE Rate
1.01%
DOGE Max
17.39%
Stablecoin Rate
0.25%
Stablecoin Max
18.64%

Fees & Financial

Compounding
No
No
Payouts
Fees
Yes, flat transaction fee
Lockup
10-360 days
Maker Fee
0.1
Taker Fee
0.1
AmberApp Logo

AmberApp Pros

    • Instant buy, instant sell
    • Automated recurring purchases
    • EFT, Credit Card and PayID
    • USD withdrawals are free
    • Uses cold storage in a collaborative multi-signature setup for our custodial wallets

AmberApp Cons

    • Does not currently pay interest on holdings
    • Bitcoin withdrawals incur a flat 0.0003BTC (30,000 sats) transaction fee
WhiteBIT Logo

WhiteBIT Pros

    • Great rates for most coins if you lockup for 360 days
    • Full exchange services
    • Wide variety of coins supported

WhiteBIT Cons

    • Rates vary often
    • Most coins require 10 day lockup minimum, some require 30 days