WhiteBIT has partnered with BCB Group, a regulated provider of crypto-native banking infrastructure, to launch USD deposits and withdrawals over the SWIFT network for KYB-verified corporate clients. The exchange said the new rail gives businesses a two-way institutional USD on/off-ramp with no preset transfer limits and a flat, published fee.
Corporate clients can now move capital in both directions between crypto and fiat in USD — the primary global settlement currency — through SWIFT, the standard used for cross-border banking. According to the announcement, the setup is intended to support institutional-grade treasury operations and global liquidity management.
Executive comment
“Reliable access to USD liquidity is a cornerstone of institutional crypto adoption,” said Volodymyr Nosov, Founder and President of W Group, which WhiteBIT is part of. “By offering SWIFT-based USD transfers, we’re providing businesses with a globally recognised settlement rail to manage liquidity more efficiently and scale across markets.”
Why the USD rail matters
According to the announcement, the US dollar accounted for roughly half of all SWIFT payments by value, and its share rises to around three-quarters of international payments once transfers within the Eurozone are excluded. For businesses settling across borders, USD rails remain critical infrastructure.
WhiteBIT said the challenge for companies handling crypto inflows is not only receiving funds but converting and settling them into fiat without friction, while retaining the ability to send USD back out just as easily.
The new rail is aimed at businesses that need predictable, scalable and globally compatible settlement flows, including firms converting crypto revenue into USD, managing treasury across multiple currencies, handling cross-border settlements and integrating crypto into traditional financial operations.
Pricing and limits
- USD SWIFT deposits and withdrawals carry a flat fee of 54 USD per transaction, published up front rather than quoted on request.
- Conversion between fiat and crypto is charged at a base rate of 0.1%, with individual terms available for high-volume clients.
- There are no preset caps on deposit or withdrawal amounts; transfer capacity is determined individually through Source of Funds verification.
Infrastructure partner
The solution is powered by BCB Group, which the announcement described as a regulated provider of crypto-native banking infrastructure, with USD settlement handled within a secure and compliant environment.
BCB Group describes itself as a provider of regulated payment, wallet and trading services in crypto and fiat for the digital asset economy, serving crypto exchanges, liquidity providers, market makers and payment processors. It supports more than 40 fiat and cryptocurrencies with 24/7 instant settlement through BLINC and is authorised in the UK, France and Switzerland.
WhiteBIT describes itself as a global crypto exchange offering more than 1020 trading pairs, 360+ assets and support for 8 fiat currencies. Founded in 2018, the platform is part of W Group, which reports more than 40 million customers globally.
