Bitvavo vs WhiteBIT: Fees, Coins, Safety Comparison
| Feature | Bitvavo | WhiteBIT |
|---|---|---|
Overall |
3.6 |
3.8 |
4.1 |
3.7 |
|
3.5 |
3.5 |
|
4.4 |
4.3 |
|
Investment Instruments |
1 |
3.9 |
Platforms and Charting Tools |
3.9 |
3.6 |
Deposit and Withdrawal |
3.7 |
4 |
Research |
4.1 |
3.9 |
Education |
3.7 |
3.7 |
Support |
3.5 |
3.5 |
Bonuses |
3.7 |
3.8 |
|
Your capital is at risk.
|
Your capital is at risk.
|
Bitvavo vs WhiteBIT: Pros and Cons
The Bitvavo exchange is one of the most popular platforms for margin trading in cryptocurrencies in Europe. More than 50 cryptocurrencies and tokens are traded on the exchange. In total there are over 70 trading instruments, including fiat funds. On Bitvavo you can trade Bitcoin, Ethereum, Litecoin, and other cryptocurrencies. There is a hot and cold storage method, and convenient input/output channels are provided. There is basic and advanced AML verification, a typical affiliate program with referral payments. The cryptocurrency exchange does not have a mobile application, its own trading terminal is available only in the browser version. Commissions are below the market average: for the entry-level - 0.25/0.15% (for the taker/maker, respectively).
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.
| Bitvavo | WhiteBIT | |
|---|---|---|
| Overall Pros | no minimum deposit; | Bitcoin, dozens of altcoins and tokens, four fiat currencies, including the USD and the EUR; |
| many trading pairs, including pairs with fiat funds; | large trading volumes, high liquidity, multilevel security system; | |
| basic trading for beginners, spot and margin, P2P exchanger, and free multicurrency account; | ||
| in the trading terminal there’s not only the crypto exchange but also the exchanger; | most options for depositing/withdrawing funds such as e-wallets, bank cards, and transfers; | |
| operating commissions are below the market average; | a simple and profitable system for investing in blockchain projects of crypto exchange affiliates; | |
| a serious level of verification to ensure safety; | the commission does not change - 0.1% of the trade amount, and no additional fees or charges; | |
| suitable for both beginners and experienced traders; | FAQs on the basics of crypto trading, a demo token for education and training. | |
| Overall Cons | from fiat funds there are only euros; | communication with the exchange only through the website and email, there is no call center or alternative methods of prompt communication; |
| extended AML verification is required to access the full functionality. | there is no advanced training, except for staking; and there are no alternative investment options. |
Bitvavo vs WhiteBIT: Safety and Regulation
| Regulated By: | Bitvavo | WhiteBIT |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
De Nederlandsche Bank |
Clear White Technologies (Hongkong) |
Bitvavo vs WhiteBIT: Trading Conditions
| Trading Conditions | Bitvavo | WhiteBIT |
|---|---|---|
Minimum Deposit |
$1 |
0.0005 BTC |
Trading Platforms |
Bitvavo |
WhiteBIT TradingView |
Max Leverage (Futures) |
44562 |
1-20 |
Number of Markets |
175+ |
138 |
Trading Accounts |
1 |
1 |
Base Account Currencies |
EUR, Cryptocurrencies |
EUR, USD, UAH, RUB + 51 crypto |
Bitvavo vs WhiteBIT: Fees
Trading Fees
| Fee | Bitvavo | WhiteBIT |
|---|---|---|
Max Maker |
0.15% |
0.10% |
Max Taker |
0.25% |
0.10% |
Min Maker |
0.03% |
0.10% |
Min Taker |
0.04% |
0.10% |
Debit/Credit Card Purchase Fee |
Not supported |
3% for RUB; 0,7% for UAH; 2.7% and 4.5% others, depending on the fiat currency. |
Futures Trading fees
| Fee | Bitvavo | 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 | Bitvavo | WhiteBIT |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
EPS Überweisung 1.75%, Giropay 1.75%, MyBank 1.50%, Sofort 2.25% |
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 |
0.00006 BTC |
No |
Inactivity Fee |
No |
No |
Bitvavo vs WhiteBIT: Trading Assets
| Asset Name | Bitvavo | WhiteBIT |
|---|---|---|
Overall |
175+ |
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 |
Bitvavo or WhiteBIT: Investment Programs
| Asset Name | Bitvavo | WhiteBIT |
|---|---|---|
Staking |
No |
Yes |
Mining pool |
No |
No |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
No |
No |
Trading Platforms: WhiteBIT or Bitvavo
| Bitvavo | WhiteBIT | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
No |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Your capital is at risk.
|
Trading Platforms Features: WhiteBIT or Bitvavo
| Bitvavo | 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 Bitvavo
| Bitvavo | WhiteBIT | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
No |
Mobile trading: WhiteBIT or Bitvavo
| Bitvavo | 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 Bitvavo
| Bitvavo | WhiteBIT | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
Yes |
Stop Limit |
Yes |
Yes |
Trailing Stop |
No |
No |
Bitvavo vs WhiteBIT: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Bitvavo | WhiteBIT |
|---|---|---|
Bank Transfer |
Yes (Only Deposit) |
No |
Credit/Debit Card |
No |
Yes |
Electronic Wallets |
No |
Yes |
Crypto |
Yes |
Yes |
Bitvavo vs WhiteBIT: Research
| Research Type | Bitvavo | WhiteBIT |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
Yes |
No |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
No |
Bitvavo vs WhiteBIT: Education
| Education Type | Bitvavo | WhiteBIT |
|---|---|---|
Demo-account/Paper Trading |
No |
Yes |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
No |
No |
Webinars |
No |
No |
WhiteBIT vs Bitvavo: Support
| Support Features | Bitvavo | WhiteBIT |
|---|---|---|
Working Days |
24/7 |
44766 |
Yes |
Yes |
|
Phone |
No |
No |
Online chat |
No |
No |
Other |
No |
No |
Bitvavo vs WhiteBIT: Crypto Bonuses and Promo
| Promo | Bitvavo | WhiteBIT |
|---|---|---|
Crypto Bonus |
No |
No |
Affiliate Program |
A user who registers by following your link will bring you 15% of the exchange commission for each transaction. |
Get 40% of every trading fee paid by the users who sign up via your referral link |
|
Your capital is at risk.
|
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 Bitvavo
-
Comment
While Bitvavo offers a user-friendly interface and a decent range of cryptocurrencies, my experience has been marred by frequent technical issues and slow transaction processing times. Additionally, customer support is lacking, with long wait times for responses to inquiries. Overall, Bitvavo falls short of providing a reliable and satisfactory crypto trading experience.
-
Comment
There is nothing to do on the Bitvavo exchange. Not because they are scammers, but because. that the trade here is very strange. Everything happens within the company. Everything is raw, but the commissions are exorbitant. In general, who understands what I mean - he will pass by.
-
Comment
My last withdrawal was delayed for a month. To be honest, I didn’t even hope to get my money, so many nerves went into all this, that now I want moral damage so that they pay!
-
Comment
In terms of commissions, I have seen more profitable exchanges, where it reaches 0.07%. Bitvavo may seem like a less interesting option in this regard, but there is one big “but”: this exchange is proven. I have been trading on it for more than a year, and I consider the conditions here to be optimal. There are cryptocurrencies, there is fiat, with replenishment, withdrawal and, most importantly, the terminal, everything is fine. That is, they are fast, there are no delays. At the same time, however, there is no mobile application, so I could devote more time to trading. But the security here is definitely at a high level. And there is a license. Under such conditions, it is not a pity to overpay a little for a commission. Anything is better than worrying about whether they will withdraw my money? They will definitely withdraw from Bitvavo.
-
Comment
I think Bitvavo is very popular among crypto traders. This trading platform has a customer-oriented policy and I believe that over time it will remove Binance and other exchanges from the top. There are plenty of trading tools, as well as ways to deposit and withdraw funds, even fiat funds. The advanced AML verification gave me a little surprise, but thanks to the support, who explained everything in detail, I managed to pass the verification.
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.