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WhiteBIT Review

Last Updated on January 31, 2024

James Headshot
Written by
Adam Headshot
Edited by
WhiteBIT logo
3.95
Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.
Visit WhiteBIT

The Bottom Line Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Engaging with WhiteBIT presents an opportunity to trade cryptocurrencies in a secure platform that does not compromise on functionality or user experience. With its comprehensive trading platform, competitive fees, and robust security measures, WhiteBIT stands as a trustworthy exchange in the cryptocurrency exchange landscape.

Table of Contents
Disclaimer: This is not a validation of cryptocurrency or any particular provider, service, or product. It should not be taken as advice to engage in trading or use any services. Please check our terms and conditions.

Pros

  • Wide range of cryptocurrencies
  • Advanced trading features
  • Strong security measures
  • Competitive trading fees
  • User-friendly interface

Cons

  • Limited geographical availability
  • No decentralized exchange features
  • Fiat deposit options can be restrictive
  • Customer support can be slow
  • Limited educational resources for beginners

Quick Summary

Headquarters Location Vilnius, Lithuania
Fiat Currencies Supported USD, GBP, EUR + 7 others
Total Supported Cryptocurrencies 256+
Trading Fees 0.10%
Deposit Methods Bank Transfer, Debit Card, Credit Card, Cryptocurrency, Apple Pay, Google Pay, Mercuryo, UTORG, AdvCash, NixMoney, Checkout.com, GEO Pay
Support Facebook, Twitter, Instagram, Live Chat, Help Center Articles, Support Ticket
Mobile App Yes - iOS, Android

WhiteBIT is a noteworthy player in the realm of cryptocurrency exchanges, aiming to provide a seamless and efficient platform for digital asset trading. It stands out with its user-centric approach and a suite of features designed to cater to both novice and advanced traders.

WhiteBIT homepage

As the crypto market evolves, WhiteBIT seeks to establish itself as a reliable gateway to the world of cryptocurrencies.

WhiteBIT continues to evolve as a central hub for crypto enthusiasts looking to dive into the digital exchange market. Its strategic focus on being an accessible yet powerful platform has attracted a diverse group of users.

The exchange not only provides a gateway to cryptocurrency trading but also fosters a community where knowledge and strategies are shared, making it a vibrant place for traders to grow and succeed.

About WhiteBIT

Established with a vision of creating a secure and easy-to-use trading platform, WhiteBIT has carved out its place in the competitive landscape of cryptocurrency exchanges. It combines a modern interface with a commitment to transparency and compliance, fostering an environment where traders can engage with a wide array of digital assets.

Since its inception, WhiteBIT has navigated through the peaks and troughs of the cryptocurrency market, adapting to the ever-changing demands of its user base. Significant regulatory shifts in major markets and the entrance of institutional players have shaped its operations.

WhiteBIT features

The exchange has witnessed the ebb and flow of various digital assets, positioning itself as a nimble entity capable of pivoting to meet the needs of an increasingly sophisticated market.

WhiteBIT has a number of active social profiles including Facebook, Twitter, Instagram, LinkedIn, Discord, Reddit, Telegram and YouTube.

WhiteBIT has a mobile app on both the Apple App Store and Google Play.

WhiteBIT Supported Cryptocurrencies

WhiteBIT supports trading on over 256 cryptocurrencies on their platform. This exchange currently supports 25 of the top 30 market cap cryptocurrencies.

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Tether USDt (USDT)
  • BNB (BNB)
  • Solana (SOL)
  • XRP (XRP)
  • USDC (USDC)
  • Cardano (ADA)
  • Dogecoin (DOGE)
  • Avalanche (AVAX)
  • TRON (TRX)
  • Chainlink (LINK)
  • Polkadot (DOT)
  • Polygon (MATIC)
  • Toncoin (TON)
  • Shiba Inu (SHIB)
  • Uniswap (UNI)
  • Bitcoin Cash (BCH)
  • Litecoin (LTC)
  • Internet Computer (ICP)
  • Dai (DAI)
  • Immutable (IMX)
  • Aptos (APT)
  • Ethereum Classic (ETC)
  • Cosmos (ATOM)
  • Stacks (STX)
  • Filecoin (FIL)
  • NEAR Protocol (NEAR)
  • UNUS SED LEO (LEO)
  • Kaspa (KAS)

View all cryptocurrencies WhiteBIT supports

  • 1INCH
  • AAVE
  • ACH
  • ADA
  • ADK
  • ADX
  • AGLD
  • AGRS
  • AKRO
  • ALGO
  • ALICE
  • ALPACA
  • AMB
  • AMP
  • ANKR
  • ANT
  • APE
  • API3
  • APT
  • AR
  • ARB
  • ARPA
  • ASH
  • ASTR
  • ATOM
  • AUDIO
  • AVAX
  • AXEL
  • AXS
  • BADGER
  • BAL
  • BAND
  • BAT
  • BCH
  • BICO
  • BITCI
  • BLUR
  • BLZ
  • BNT
  • BTC
  • BTCZ
  • BTT
  • C98
  • CAKE
  • CCAT
  • CCC
  • CCOH
  • CELO
  • CHR
  • CHZ
  • CLV
  • COMP
  • CRV
  • CSC
  • CTSI
  • CVC
  • CVP
  • CYCE
  • DAI
  • DASH
  • DATA
  • DBTC
  • DBX
  • DECL
  • DF
  • DNT
  • DODO
  • DOGE
  • DOT
  • DTNG
  • DYDX
  • EAI
  • EDC
  • EGLD
  • ELAN
  • ENJ
  • ENS
  • EOS
  • EQ
  • ETC
  • ETH
  • ETHW
  • EURT
  • FET
  • FIL
  • FIO
  • FIS
  • FLIX
  • FLOKI
  • FLOW
  • FOF
  • FOR
  • FRONT
  • FTM
  • FXS
  • GAL
  • GALA
  • GLM
  • GLMR
  • GMT
  • GRT
  • GULF
  • HBAR
  • HDN
  • HEC
  • HIFI
  • HMETA
  • HMR
  • HOGE
  • HZM
  • ICP
  • ICX
  • IDEX
  • IJZ
  • IMX
  • INJ
  • INTX
  • IOST
  • IOTX
  • JAM
  • JASMY
  • JOVJOU
  • JST
  • KALA
  • KAVA
  • KLAY
  • KLC
  • KNC
  • KOCJ
  • KSM
  • LDO
  • LINA
  • LINK
  • LPT
  • LQTY
  • LRC
  • LTC
  • LUNA
  • MAGIC
  • MANA
  • MASK
  • MATIC
  • MDI
  • MKR
  • MLN
  • MLNK
  • MTL
  • MTO
  • MVEDA
  • MWC
  • NAMX
  • NCDT
  • NEAR
  • NEEO
  • NEO
  • NEXO
  • NKN
  • OCEAN
  • OGN
  • OMG
  • ONT
  • OP
  • OXT
  • PENDLE
  • PEOPLE
  • PEPE
  • PHA
  • PIVX
  • PLCUC
  • POLS
  • POND
  • POWR
  • PXP
  • PYR
  • QTUM
  • QUA
  • RAD
  • REEF
  • REN
  • RLC
  • RNDR
  • RVN
  • RXC
  • SAND
  • SCM
  • SFM
  • SHIB
  • SKL
  • SL
  • SNX
  • SOL
  • SONO
  • SPE
  • SSLX
  • SSV
  • STEEM
  • STEMX
  • STG
  • STON
  • STORJ
  • STORY
  • STPT
  • STRM
  • SUI
  • SUN
  • SUPER
  • SUSHI
  • SXP
  • TABOO
  • TCG2
  • TENET
  • THETA
  • TNC
  • TRB
  • TRX
  • TUSD
  • TYC
  • TYV
  • UMA
  • UNFI
  • UNI
  • USDC
  • USDT
  • UTK
  • VET
  • VEXT
  • VICA
  • VOLT
  • VOXEL
  • WAXP
  • WBT
  • WIN
  • WNXM
  • WOJAK
  • WOO
  • WSD
  • XAUT
  • XDC
  • XDEN
  • XEM
  • XFC
  • XLM
  • XMR
  • XRD
  • XRDOGE
  • XRP
  • XSPECT
  • XTZ
  • YFI
  • YFII
  • YGG
  • ZAMZAM
  • ZEC
  • ZEN
  • ZIL
  • ZRX

Trading Experience

The trading experience on WhiteBIT is crafted to be intuitive, making it accessible for beginners while also satisfying the demands of experienced traders. With a variety of trading pairs, advanced charting tools, and a user interface that streamlines the trading process, WhiteBIT is committed to delivering a robust trading platform.

The trading experience on WhiteBIT is enhanced by the availability of advanced trading tools, including technical analysis features and a range of trading bots. This comprehensive suite of tools is designed to assist professional traders in navigating market conditions, executing trades, and managing risk effectively.

The inclusion of futures trading and perpetual futures contracts provides additional avenues for experienced traders to explore.

WhiteBIT exchange marketing

WhiteBIT Fees

The fee structure at WhiteBIT is designed to be straightforward and competitive, aligning with industry standards while encouraging active trading. Traders benefit from a clear fee schedule that supports a variety of trading activities without hidden costs, ensuring transparency in every transaction.

WhiteBIT’s fee policy mirrors its mission to offer value-driven service to its users. By ensuring that transaction costs are kept reasonable, the exchange facilitates a dynamic trading environment.

This approach to fees plays a crucial role in attracting a wide range of participants, from those making high-frequency trades to users who engage with the market at a more measured pace.

Type Fee
Deposit Fee (Bank Transfer) 0%
Deposit Fee (Credit/Debit Card) 3.50%
Trading Fee 0.10%
Withdrawal Fee (Bank Transfer) 0%

WhiteBIT supports a range of different cryptocurrencies with varying withdrawal fees. When looking at Bitcoin, their withdrawal fee is 0.0004 BTC compared to the industry average of 0.000075 BTC. So WhiteBIT has a fee that is above the industry average by 433.33%.

Security - Is WhiteBIT Safe?

Security remains paramount at WhiteBIT, where rigorous protocols are in place to protect users’ assets. Through the utilization of cold wallets, anti-phishing codes, and adherence to stringent security requirements, WhiteBIT showcases its dedication to maintaining a secure trading environment.

Its focus on security helps to cultivate trust among its growing user base.

In addition to its existing robust security measures, WhiteBIT is always on the lookout for potential vulnerabilities by engaging with some of the 33 highest-ranked ethical hackers. They perform regular secure code reviews and professional security audits, reinforcing their defensive systems against hacker attacks.

This commitment to security keeps them at the forefront, ensuring user trust is never compromised.

WhiteBIT Customer Support

Customer support is a crucial aspect of WhiteBIT’s service offering. With a dedicated customer support team, users can expect prompt assistance and a focus on addressing their needs.

The exchange strives for excellence in customer service, ensuring that help is always at hand when required.

The customer support team at WhiteBIT is trained to maintain a dedication to customer satisfaction, understanding that timely and effective support can significantly impact a user’s trading journey. The team is equipped to assist with a variety of issues, including verification for withdrawals, navigating the trading process, and understanding fee structures, ensuring that users feel supported at every step.

WhiteBIT support

WhiteBIT Support Channels

  • Facebook
  • Twitter
  • Instagram
  • Live Chat
  • Help Center Articles
  • Support Ticket

How to Sign Up on WhiteBIT

  1. Create Account - Visit the WhiteBIT website and fill out the create account form. You'll need to include a valid email, set your password and type in other details like your phone number and name.
  2. Verify Account - Confirm your email, you should get an email asking you to verify your account creation.
  3. Transferring Funds - Once your account has been verified, you'll be able to deposit using the deposit methods listed below.
  4. Start Trading Crypto - That's it! You should now have everything in place to start trading.

Deposit Methods

  • Bank Transfer
  • Debit Card
  • Credit Card
  • Cryptocurrency
  • Paypal
  • Apple Pay
  • Google Pay
  • Mercuryo
  • UTORG
  • AdvCash
  • NixMoney
  • Checkout.com
  • GEO Pay

WhiteBIT Alternatives

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Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Total Supported Cryptocurrencies
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Trading Fees
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Fiat Currencies Supported
USD, GBP, CAD, EUR, NZD + 78 others

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Kraken logo

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Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Total Supported Cryptocurrencies
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Trading Fees
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Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR + 1 other

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OKX logo

OKX

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Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Total Supported Cryptocurrencies
332+

Trading Fees
0.06% - 0.10%

Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR, NZD + 85 others

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Final Thoughts

WhiteBIT presents itself as a solid choice for individuals looking to navigate the crypto trading waters. With its combination of ease-of-use and a comprehensive range of features, it represents a balanced option for those interested in engaging with the digital asset market.

WhiteBIT FAQs

WhiteBIT’s reliability can be assessed in terms of its operational security, uptime, and user feedback. The platform uses advanced technological solutions to ensure security and stability and is actively used by a considerable number of traders.

Prospective users should look at reviews and perform due diligence to determine its current reliability.

WhiteBIT may be restricted in countries with strict cryptocurrency regulations or those under international sanctions. Users should check the latest terms of service on WhiteBIT’s official website or contact their support for the most updated list of restricted countries.

WhiteBIT is typically owned by a private company or a group of individuals. The specific ownership details can often be found in public business registries or company databases, depending on the country of registration.

Staking on any platform involves risk, and the safety of staking on WhiteBIT would depend on their security measures, operational track record, and the inherent risks associated with cryptocurrency staking. Users should evaluate the risks and do thorough research before engaging in staking on WhiteBIT or any other platform.

WhiteBIT operates within the regulatory frameworks of the jurisdictions in which it offers services. Potential users should look into the specific licenses and regulatory compliance that WhiteBIT adheres to, as this information can be subject to change and may vary by region.

The transaction fee on WhiteBIT varies based on the type of transaction and the market conditions. The fee structure can include maker and taker fees, withdrawal fees, and other service-related fees.

Users should consult the WhiteBIT fee schedule on their website to get detailed and current fee information.

WhiteBIT may require Know Your Customer (KYC) procedures for account verification and to comply with regulatory standards. The extent of KYC required can vary based on the user’s country of residence and the services used on the platform.

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Methodology

At Crypto Head we use a rigorous research and rating process to assess each platform. Our star rating system is out of 5 stars and is designed to condense a large amount of information into an easy-to-understand format. You can read our full methodology and rating system for more details.

About The Authors

James Headshot
Written by

Crypto Technical Writer

James Page, previously the lead writer at Crypto Head and a registered psychologist, brings a unique perspective to the world of blockchain and cryptocurrency.

His extensive experience in the industry and ability to present complex concepts in an understandable manner make his articles a valuable resource for readers seeking to navigate the ever-evolving crypto landscape.

Check James out on:
Adam Headshot
Edited by

Co-Founder / Managing Editor

Adam Morris, the co-founder of Crypto Head and a respected crypto expert, offers insightful commentary and analysis on cryptocurrency, NFTs, and the evolving digital landscape.

His extensive experience and features in top-tier publications like Forbes and CNN underscore his deep understanding of the crypto world and its future potential.

Check Adam out on: