BITWHITE Blog
Crypto exchange explained simply: how to choose a network, how long confirmations take, what makes up the fees and how to avoid losing coins to mistakes or scammers.
How to Exchange Crypto: A Step-by-Step Guide
How to swap crypto without an exchange: choose coins and network, add your address, pay, wait for confirmations and get paid. Includes common mistakes.
Read →ArticleUSDT: TRC20, ERC20 or BEP20 - Which Network to Choose
How the USDT networks TRC20, ERC20 and BEP20 differ: fees, addresses, speed, and what happens if you send USDT on the wrong network.
Read →ArticleHow Long to Wait for Transaction Confirmation on Different Networks
How long a transfer takes to confirm on Bitcoin, Ethereum, Litecoin, Tron and Solana, what affects speed, and what to do if a transaction is stuck.
Read →ArticleCrypto Exchange Fees: Service Fee and Network Fee
What makes up the cost of a crypto exchange: service fee, network fee and rate difference. How to work out the final amount and avoid overpaying.
Read →ArticleHow to Check a Wallet Address Before Sending Crypto
How to avoid wallet address mistakes: Bitcoin, Ethereum, Tron, Litecoin and Solana formats, network checks and protection from clipboard swaps.
Read →ArticleWhat Are Memo and Destination Tag, and When Do You Need Them?
What a memo, destination tag or payment comment is in XRP and TON, why it matters, what happens without it and how to enter it correctly.
Read →ArticleUnderpayment and Overpayment in a Crypto Exchange: What to Do
What to do if you sent less or more than the order amount, paid after the deadline or used the wrong network. The steps to take, explained.
Read →ArticleAutomatic vs. Manual Exchange: How the Modes Differ
How automatic crypto exchange differs from manual exchange via an operator: speed, fees, payout checks, payment window and how to choose a mode.
Read →ArticleHow to Spot a Fake Crypto Exchange: 10 Signs
Signs of a scam exchange and phishing sites: lookalike domains, private messages, requests for your seed phrase. A checklist to verify before you pay.
Read →ArticleHow to Find a Transaction by txid in a Block Explorer
What a txid and a blockchain explorer are, how to look up a transaction by its hash, read its status and confirmations, and what to send to support.
Read →ArticleTypes of Crypto Mixers: How They Work and What the Risks Are
Types of crypto mixers: custodial, smart contract, CoinJoin. How they work, why people use them, what risks users face and what the law says.
Read →ArticleHow to Exchange USDT to BTC: Choosing the Network, Bitcoin Address and Checking the Rate
How to exchange USDT to BTC without losses: USDT network choice, network fee, Bitcoin address formats, BTC confirmations and the rate check.
Read →ArticleHow to Exchange BTC to USDT: Choosing the Receiving Network, Address and Bitcoin Network Fee
How to exchange BTC to USDT: which USDT network to receive in, matching the address to the network, Bitcoin network fee and confirmation time.
Read →ArticleHow to Exchange ETH to USDT: Network Fee, 0x Address and Choosing the Receiving Network
How to exchange ETH to USDT: Ethereum network fee (gas), the 0x address, choosing the USDT receiving network, confirmations and common mistakes.
Read →ArticleHow the Exchange Rate Is Formed: Spread, Fee and Rate Fixing
How a crypto exchange rate is formed: market price, spread, 1% and 1.5% service fee, rate fixing and comparing offers by the final amount.
Read →ArticleStuck Transaction: What to Do If Your Transfer Is Not Confirming
Why a crypto transaction is not confirming, how to check it by txid, when waiting is enough, what RBF and CPFP are, and what to do during an exchange.
Read →ArticleSent to the Wrong Network or Address: Can the Funds Be Recovered
What to do if crypto went to the wrong network or address: the types of cases, when there is a chance of recovery, and how to act during an exchange.
Read →ArticleWallet Security: Seed Phrase, Phishing and Dangerous Approvals
How to store a seed phrase, spot phishing and address substitution, avoid a dangerous approve, and check that you are on the service’s real website.
Read →ArticleExchanger, Exchange or P2P: How to Choose a Way to Swap Crypto
A comparison of an exchanger, an exchange and P2P by speed, fees, control over funds, risks and convenience, plus a checklist for choosing an exchanger.
Read →ArticleCrypto Exchange Glossary: Key Terms in Plain Language
A plain glossary of crypto exchange terms: blockchain, address, seed phrase, txid, token network, spread, memo, KYC and AML, 2FA, phishing. With examples.
Read →ArticleCrypto Privacy: What the Blockchain Reveals and How an Address Is Tied to a Person
A blockchain is pseudonymous, not anonymous. What is public: addresses, amounts, times, links, how an address is tied to a person, and legal hygiene steps.
Read →ArticleAddress AML Risk: What It Is, How It Is Assessed and How to Check Incoming Funds
What AML and KYT are, how address risk is assessed, what dirty coins mean, how to check an incoming payment and what to do if a payment is frozen.
Read →ArticleCrypto Mixers: Pros and Cons — Is It Worth Using Them
Crypto mixers: what they do and do not offer, main risks, effect on an address's AML risk, legal questions and lawful privacy alternatives.
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