While $BTC price was falling, BlackRock's IBIT fund hit a historic record: in just one day, investors traded $10B worth of the fund's shares!
To keep it simple:
- The volume: this is 3-4x higher activity than on a normal day.
The crash: this happened as poor Bitcoin
B $BTC dropped 13%, crashing from $73,100 to $62,400
Even though Bitcoin fell below $70K (for the first time in 15 months), this $10B volume shows that big players are not sitting out. Some were panic-selling, but others were buying this huuge drop in massive amounts. #BTC
How Smart Businesses Are Turning Crypto Into Cash in Minutes - Without Hidden Fees
Many companies assume that accepting $BTC payments and converting them to fiat is a complex process with multiple checks and high fees. I've often seen this perception: businesses are ready to work with crypto but worry about bureaucracy and delays.
My experience shows that WhiteBIT changes this picture. The platform offers an On Ramp for accepting crypto and an Off Ramp for fiat withdrawals, with automatic quotes, mass payouts, and a clear interface. Even companies that have never worked with crypto before can integrate smoothly.
I tested the process for a business: cryptocurrency was accepted and withdrawn quickly, without complex confirmations. WhiteBIT ensures security through partners ZEN and Clear Junction, fixed fees from €5 to €10, and flexible corporate account plansThis provides transparency in costs and control over financial flows.
For businesses, WhiteBIT's On/Off Ramp means fast crypto-to-fiat conversion, efficient cash flow management, and the ability to scale without unnecessary bureaucracy.
Make your crypto-to-fiat operations seamless with WhiteBIT. #BTC #bitcoin