Bitcoiva vs WhiteBIT: Fees, Coins, Safety Comparison
| Feature | Bitcoiva | WhiteBIT |
|---|---|---|
Overall |
2.4 |
3.8 |
1 |
3.7 |
|
2.7 |
3.5 |
|
3.0 |
4.3 |
|
Investment Instruments |
1.8 |
3.9 |
Platforms and Charting Tools |
2.4 |
3.6 |
Deposit and Withdrawal |
2.9 |
4 |
Research |
2.7 |
3.9 |
Education |
2.3 |
3.7 |
Support |
2.4 |
3.5 |
Bonuses |
2.4 |
3.8 |
|
Your capital is at risk.
|
Bitcoiva vs WhiteBIT: Pros and Cons
The Bitcoiva exchange is a platform for spot trading with cryptocurrency-to-cryptocurrency and cryptocurrency-to-fiat pairs. There is also an integrated direct purchase service of cryptocurrency for fiats as well as a quick assets exchange service on the platform. Bitcoin (₿), Litecoin (Ł), Ethereum (Ξ), Tether (₮), Bitcoin Cash, and other popular cryptocurrencies and coins are traded on the exchange. Only Indian rupees (INR) are represented in the range of fiats. The exchange has a single-tier referral program with bonus payments to the client and the invitee. There is no investment program yet, but Bitcoiva plans to launch a staking program soon. Trade commissions are fixed and don’t depend on the trade volumes but are distinguished by assets. Commissions are 0.25% on average for maker and taker.
The WhiteBIT exchange is a universal platform for trading and exchanging cryptocurrencies. In addition to basic (simplified) trading, there are spot and margin trading. Bitcoin, Litecoin, Ethereum, Ripple, DASH, and dozens of other altcoins are traded on the exchange. Fiats are represented by the USD and the EUR. For margin trading, 1:20 leverage is provided. In addition to active trading, there is the possibility of investing in a blockchain project with interest payments (from staking). The exchange has a standard referral program, and trading commissions are fixed. There is a TradingView web terminal and a mobile trading application.
| Bitcoiva | WhiteBIT | |
|---|---|---|
| Overall Pros | you can trade all the most popular cryptocurrencies and coins on the exchange; | Bitcoin, dozens of altcoins and tokens, four fiat currencies, including the USD and the EUR; |
| there are no restrictions on trading strategies or significant limits; | large trading volumes, high liquidity, multilevel security system; | |
| no deposit fees; trading commissions are on market average; | basic trading for beginners, spot and margin, P2P exchanger, and free multicurrency account; | |
| a profitable referral program with beneficial bonuses; | most options for depositing/withdrawing funds such as e-wallets, bank cards, and transfers; | |
| high level of protection for users’ funds; | a simple and profitable system for investing in blockchain projects of crypto exchange affiliates; | |
| simple and convenient trading terminal interface in browser; | the commission does not change - 0.1% of the trade amount, and no additional fees or charges; | |
| the exchange offers mobile trading on iOS and Android; | FAQs on the basics of crypto trading, a demo token for education and training. | |
| in addition to spot trading, there is instant exchange and purchase; | ||
| a wide selection of deposit and withdrawal methods; | ||
| Overall Cons | only Indian rupees are represented as fiat. | communication with the exchange only through the website and email, there is no call center or alternative methods of prompt communication; |
| no demo accounts for training; | there is no advanced training, except for staking; and there are no alternative investment options. | |
| the exchange is young, there are no detailed statistics. |
Bitcoiva vs WhiteBIT: Safety and Regulation
| Regulated By: | Bitcoiva | WhiteBIT |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
Clear White Technologies (Hongkong) |
Bitcoiva vs WhiteBIT: Trading Conditions
| Trading Conditions | Bitcoiva | WhiteBIT |
|---|---|---|
Minimum Deposit |
0.0001 BTC |
0.0005 BTC |
Trading Platforms |
TradingView |
WhiteBIT TradingView |
Max Leverage (Futures) |
44562 |
1-20 |
Number of Markets |
328+ |
138 |
Trading Accounts |
1 |
1 |
Base Account Currencies |
Cryptocurrencies, INR |
EUR, USD, UAH, RUB + 51 crypto |
Bitcoiva vs WhiteBIT: Fees
Trading Fees
| Fee | Bitcoiva | WhiteBIT |
|---|---|---|
Max Maker |
0 |
0.10% |
Max Taker |
0 |
0.10% |
Min Maker |
0 |
0.10% |
Min Taker |
0 |
0.10% |
Debit/Credit Card Purchase Fee |
0 |
3% for RUB; 0,7% for UAH; 2.7% and 4.5% others, depending on the fiat currency. |
Futures Trading fees
| Fee | Bitcoiva | WhiteBIT |
|---|---|---|
Max Maker |
Not supported |
not supported |
Max Taker |
Not supported |
not supported |
Min Maker |
Not supported |
not supported |
Min Taker |
Not supported |
not supported |
Non-Trading Fees
| Fee | Bitcoiva | WhiteBIT |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
Crypto deposits - free; ADVCash 1,5%; Perfect money 3%; Visa/Mastercard 0,7%-4,5% depending on the currency, Qiwi 2,5%, Yandex 2,5% |
Bank Transfer Withdrawal Fee |
Not supported |
Not supported |
Debit/Credit Card Withdrawal Fee |
Not supported |
0,7%-4% depending on the currency |
BTC Withdrawal Fee |
0.0007 BTC |
No |
Inactivity Fee |
No |
No |
Bitcoiva vs WhiteBIT: Trading Assets
| Asset Name | Bitcoiva | WhiteBIT |
|---|---|---|
Overall |
328+ |
86+ |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
Yes |
Yes |
Binance Coin (BNB) |
Yes |
Yes |
Uniswap (UNI) |
Yes |
Yes |
Ripple (XRP) |
Yes |
Yes |
Polkadot (DOT) |
Yes |
Yes |
Cardano (ADA) |
Yes |
Yes |
Stellar (XLM) |
Yes |
Yes |
IOTA (MIOTA) |
Yes |
No |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
No |
No |
NFT |
No |
No |
Crypto ETF |
No |
No |
Bitcoiva or WhiteBIT: Investment Programs
| Asset Name | Bitcoiva | WhiteBIT |
|---|---|---|
Staking |
Yes |
Yes |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
No |
No |
Trading Platforms: WhiteBIT or Bitcoiva
| Bitcoiva | WhiteBIT | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
No |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Trading Platforms Features: WhiteBIT or Bitcoiva
| Bitcoiva | WhiteBIT | |
|---|---|---|
SMS Based 2 FA |
No |
No |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
no |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: WhiteBIT or Bitcoiva
| Bitcoiva | WhiteBIT | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
No |
Mobile trading: WhiteBIT or Bitcoiva
| Bitcoiva | WhiteBIT | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: WhiteBIT or Bitcoiva
| Bitcoiva | WhiteBIT | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
Yes |
Stop Limit |
No |
Yes |
Trailing Stop |
No |
No |
Bitcoiva vs WhiteBIT: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Bitcoiva | WhiteBIT |
|---|---|---|
Bank Transfer |
Yes (Only Deposit) |
No |
Credit/Debit Card |
Yes (Only deposit) |
Yes |
Electronic Wallets |
No |
Yes |
Crypto |
Yes |
Yes |
Bitcoiva vs WhiteBIT: Research
| Research Type | Bitcoiva | WhiteBIT |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
No |
No |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
No |
No |
E-Mail Reports |
No |
No |
Bitcoiva vs WhiteBIT: Education
| Education Type | Bitcoiva | WhiteBIT |
|---|---|---|
Demo-account/Paper Trading |
No |
Yes |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
No |
No |
Webinars |
No |
No |
WhiteBIT vs Bitcoiva: Support
| Support Features | Bitcoiva | WhiteBIT |
|---|---|---|
Working Days |
24/7 |
44766 |
Yes |
Yes |
|
Phone |
No |
No |
Online chat |
No |
No |
Other |
No |
No |
Bitcoiva vs WhiteBIT: Crypto Bonuses and Promo
| Promo | Bitcoiva | WhiteBIT |
|---|---|---|
Crypto Bonus |
No |
No |
Affiliate Program |
VIP1 – payments 50%, the requirement is to trade volume from ₿100 in 30 days, VIP2 – payments 60%, the requirement is to trade volume from ₿300 in 30 days, VIP3 – payments 70%, the requirement is to trade volume from ₿500 in 30 days, VIP4 – payments 100%, the requirement is to trade volume from ₿1000 in 30 days. |
Get 40% of every trading fee paid by the users who sign up via your referral link |
|
Your capital is at risk.
|
Top 5 Reviews on WhiteBIT
-
Comment
My review of WhiteBIT is quite normal. The fee here is ok, I make a profit on long-term trades. Liquidity is not bad, despite the fact that the exchange is not very cool. There are coins, so you can trade. On the technical side, there are no obvious problems: nothing freezes too much, the platform is working. I did not notice any fraudulent actions on the part of WhiteBIT.
-
Comment
I withdrew money to my bank card. They promised that the withdrawal would be within two hours. But in fact, it took two days for the money to arrive. Why do I need such an exchange where they clearly engage in deception? Now a representative of WhiteBIT will come out and start telling tales about how well the exchange works, and all the problems arise only because of the banks. Not true! I work with another exchange, withdraw to the same bank, and the withdrawal happens several times faster.
-
Comment
My history of working with WhiteBIT is sad. Frequent delays in order execution resulted in heavy losses. It feels like all the technical problems are created on purpose. The support service is poor and it is impossible to get quick help from them. I see that representatives of the exchange quickly respond only on resources where negative reviews are written about WhiteBIT. It would be very good if they reacted to my requests like this. I recommend avoiding this exchange due to poor service and problems with the platform.
-
Comment
The Whitebit exchange is very weak. The conditions they offer seem normal in theory, but it's only on paper. In reality, the trading platform performs poorly, with significant issues. I don't know about the trading volumes here, but there are constant problems with executing market orders as well as limit orders. Whitebit allows withdrawals, but delays are frequent.
-
Comment
Recently, WhiteBIT has begun to improve its rating. If earlier there were a lot of negative reviews about this exchange, now major resources are simply bombarded with positive reviews created as a blueprint. And even here, on Traders Union, WhiteBIT’s bot writes to spam all the negative reviews. So I will still say - WhiteBIT is a deception and a scam!
Top 5 Reviews on Bitcoiva
-
Comment
I worked with Bitcoiva for several years, at first there were no problems or disputes, I just traded and withdrew profits. But one day I couldn't get into my account. And he couldn't prove anything. Here is my story...
-
Comment
Terrible company. Do not try to work with Bitcoiva. Funds are not withdrawn. If you are in profit, then the withdrawal request may hang for a week. In support, you ask about the application, but they don’t even want to figure it out, they are not interested in either the account number or the date the application was sent. They say wait...
-
Comment
Recently, I have been paying more attention to companies from the Asian region, as the cryptocurrency market is developing more actively there, and profitable offers appear more often. I have been working on the Bitcoiva exchange for the third month. This is an Indian company that has recently entered the digital market but is already competing with top crypto exchanges. I especially like the wide range of tokens because you can trade contracts paired with cryptocurrencies and fiat currencies. It's bad that fiat pairs are only based on the Indian rupee. I withdraw money to a crypto wallet. There are no problems with payments, which is very important.
-
Comment
I never stay long on one crypto exchange. The conditions are similar almost everywhere, so I prefer to choose from those that provide safe trading. I benefit from changing companies because from time to time tempting offers frequently appear elsewhere. At Bitcoiva, for me, it was its exchange token, which was advertised in such a way that trading volumes for it began to grow right before my eyes. I think that Bitcoiva is of particular interest for long-term investments since now it can be bought at a price slightly above 30 USD.
-
Comment
Bitcoiva has everything you need to profitably trade cryptocurrencies. I am satisfied with its low brokerage commissions, the size of which is the same for everyone. Many consider it unfair when there are no discounts on maker fees, but I, on the contrary, like it. Where there is separation, the taker commission is usually high, and I am more likely to act as a buyer, therefore, this will be a minus for me. I think that one more drawback is that unregistered users cannot communicate with the support service. There were questions about trading conditions, and to get answers, I had to create an account. It’s good that everything suited me, and I didn’t waste my time in vain.
FAQs
What should I start Crypto trading with?
For starters, you need to learn what crypto trading is, understand what cryptocurrency is and the risks and opportunities cryptocurrency trading has. It is also important to learn the existing strategies. The second step is to choose the best crypto exchange with good trading conditions. A demo account that you can use to gain valuable experience risk free is an important advantage of an exchange.
What amount should I start trading with?
It is recommended to start trading cryptocurrencies with a small amount. That way, if you partially lose it, it won’t pose a serious financial problem for you. This is because cryptocurrencies are highly volatile, which carries certain risks for novice traders. The majority of cryptocurrency exchanges allow traders to start from a small amount – from $1 to $50 or its cryptocurrency equivalent.
What should I take into consideration when choosing a crypto exchange?
The first thing experts recommend looking at when considering crypto exchanges is their reliability. Other important features include basic trading conditions, commissions and fees, customer reviews. If crypto exchanges are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One crypto exchange may be good for professionals and another – for novice traders.
Can a cryptocurrency exchange turn out to be a scam?
Unfortunately, this does happen. Therefore, it is better to choose cryptocurrency exchanges that have been operating in the market for at least several years and have a stable reputation. Regulation of an exchange in one of the countries with high legal culture is also an advantage.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.