WhiteBIT Crypto-as-a-Service: How Businesses Integrate Crypto Functionality into Their Own Product

WhiteBIT Crypto-as-a-Service is a model in which a company adds digital asset operations to its own product without creating a crypto infrastructure from scratch. Clients continue to use their familiar app or service, while the necessary crypto functions operate within the existing environment. This format changes the very approach to launching embedded crypto services. Instead of a separate app, a built-in set of functions is introduced, connected to the main product via an API.

Cryptocurrency becomes a feature, not a separate service

Let’s imagine a fintech application that already offers users payments and other financial instruments. To integrate digital assets, the company will need to solve a number of technical challenges: from creating wallets to processing cryptocurrency-fiat transactions. Crypto-as-a-Service migrates a significant portion of this infrastructure to an external platform. WhiteBIT’s solution supports wallet creation for over 340 cryptocurrencies across over 80 networks. Users can also provide asset storage, send and receive cryptocurrency, and perform crypto-to-fiat transactions. WhiteBIT also notes that 96% of digital assets are stored in cold wallets.

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