WhiteBIT Review 2025
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- 0.0005 BTC
- TradingView
- Many cryptocurrencies and tokens, 10 fiat, a demo token, a profitable referral program, investment (Crypto Lending), low fixed fees
Our Evaluation of WhiteBIT
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
WhiteBIT is one of the top cryptocurrency exchanges in the financial market with the TU Overall Score of 8.46 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by WhiteBIT clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews prove that the broker’s clients are fully satisfied with the company.
The WhiteBIT cryptocurrency exchange offers a simple and convenient trading terminal, a functional mobile application, and additional opportunities for active and passive earnings. There are many crypto-crypto and crypto-fiat pairs on the platform that can be traded on spot and margin, plus basic (simplified) trading. Trading commissions are only 0.1%, the minimum deposit, and are very small (0.0005 BTC). The referral program is standard one-level, and the Crypto Lending system is also typical.
Brief Look at WhiteBIT
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, 1:100 leverage is provided. In addition to active trading, there is the possibility of investing in a blockchain project with interest payments (from Crypto Lending). The exchange has a standard referral program, and trading commissions are fixed. There is a TradingView web terminal and a mobile trading application. The company offers its own GitHub solution for the cryptocurrency business.
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- Bitcoin, dozens of altcoins and tokens, 10 fiat currencies, including the USD and the EUR;
- large trading volumes, high liquidity, multilevel security system;
- basic trading for beginners, spot and margin, P2P exchanger, and free multicurrency account;
- most options for depositing/withdrawing funds such as e-wallets, bank cards, and transfers;
- a simple and profitable system for investing in blockchain projects of crypto exchange affiliates;
- the commission does not change - 0.1% of the trade amount, and no additional fees or charges;
- FAQs on the basics of crypto trading, a demo token for education and training.
- communication with the exchange only through the website and email;
- there is no advanced training, except for Crypto Lending.
TU Expert Advice
Financial expert and analyst at Traders Union
The WhiteBIT cryptocurrency exchange was founded by an international group of specialists and provides an extensive list of opportunities for trading, exchanging cryptocurrencies, as well as investing in them. The company is officially registered, has a valid European license for the provision of the services related to the circulation of virtual currencies, and its number is indicated on the website. There are also certificates of compliance with the KYC and AML standards agencies.
The platform is characterized by a large volume of trading, and residents from all over the world are present on it since there are no regional restrictions. Plus, there is a high level of security because of its proprietary data encryption system. Almost 97% of funds are kept in cold storage wallets while only about 4% are kept in hot wallets. The advanced WAF system is used to detect and block hacker attacks. As a method of insurance, the company uses a reserve fund. Funds are stored separately in US banks.
WhiteBIT offers a standard trading terminal and a mobile application for trading. Trading commissions are fixed and objectively low - 0.1% for everyone. However, there are commissions for the deposit/withdrawal of some assets. Users can passively earn on the standard referral program and investment Crypto Lending system (credit deposits in cryptocurrency). Benefits for beginners include basic training, demo tokens, and a minimum deposit of 0.0005 BTC.
No instances of a scam were registered. Tests have shown high stability of the system at peak load. The experts did not identify any bugs or vulnerabilities.
- You're new to cryptocurrency trading, as WhiteBIT offers a simple and easy-to-use platform, making it suitable for beginners. They also provide educational resources to help you learn the ropes and offer basic spot trading.
- Security is important to you, as WhiteBIT takes security seriously, using measures like cold storage, DDoS protection, and two-factor authentication to protect your assets. They haven't experienced any major security breaches.
- You're looking for low fees. While WhiteBIT offers a user-friendly platform and a wide range of trading options, their fees are slightly higher than some other exchanges. They also charge extra for deposits and withdrawals.
- You need advanced features, as WhiteBIT doesn't offer some advanced features like margin lending and staking that you might find on other exchanges. If these features are essential to your trading strategy, you might want to consider a different platform.
WhiteBIT Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
💻 Trading platform: | Own TradingView |
---|---|
📊 Accounts: | Standard |
💰 Account currency: | Cryptocurrencies, currencies |
💵 Deposit / Withdrawal: | Bank cards, cryptocurrency wallets |
🚀 Minimum deposit: | 0.0005 BTC |
⚖️ Leverage: | 1:100 |
💼 PAMM-accounts: | No |
📈️ Min Order: | From 0 |
💱 Commission: |
Spot: 0,1%-0,1% Futures: 0,02%-0,05% |
🔧 Instruments: | 276 supported coins, Futures, Fiat, NFT. |
💹 Margin Call / Stop Out: | Yes |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Yes |
➕ Affiliate program: | Yes |
📋 Order execution: | No data |
⭐ Trading features: | Many cryptocurrencies and tokens, 10 fiat, a demo token, a profitable referral program, investment (Crypto Lending), low fixed fees |
🎁 Contests and bonuses: | No data |
The WhiteBIT crypto exchange has an objectively low minimum deposit - 0.0005 BTC or an equivalent amount in any other cryptocurrency/currency. You can enter the required amount from your MC / Visa card, from other cryptocurrency wallets. Please note that for some assets (for example, USD) there are commissions on deposit. For margin trading, the crypto exchange provides the opportunity to trade with a leverage of up to 1:100 (thanks to the credit funds of other users attracted through the investment program). Communication with technical support may be through tickets on the website or via the trading terminal. There are also several email addresses for various questions.
WhiteBIT Key Parameters Evaluation
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Regulation and safety
WhiteBIT has earned a rating of 10/10, demonstrating strong security and regulatory compliance. This score suggests that the exchange is generally reliable and offers a solid level of protection for users.
- Cold wallet storage
- No successful hacks history
- Facial recognition
- Tier-1 regulation
- Government-regulated
- 2FA
- Not U.S regulated
WhiteBIT Security Factors
We also compared WhiteBIT against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
WhiteBIT | OKX | Kraken | |
Tier-1 regulation | Yes | No | Yes |
Government-regulated | Yes | Yes | Yes |
Investor protection fund | Yes | Yes | No |
2FA | Yes | Yes | Yes |
Facial recognition | Yes | Yes | No |
Cold wallet storage | Yes | Yes | Yes |
Successful hacker attacks | No | No | No |
Is WhiteBIT a regulated crypto exchange?
WhiteBIT is regulated by a Tier-1 financial authority (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or another jurisdictions with strict financial oversight). This ensures strong investor protection, compliance with stringent operational standards, and enhanced security for users trading on the platform.
WhiteBIT is authorized or licensed in accordance with local regulations in the following regions: Spain, Lithuania, Poland, Czech Republic, Bulgaria.
Is verification (KYC) mandatory at WhiteBIT?
Yes, KYC verification is mandatory at WhiteBIT. You will need to complete the verification process before you can open an account and access the platform's full range of services.
In which countries is WhiteBIT available?
WhiteBIT complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: Canada, Iran, Islamic republic, Venezuela, Bahrain, Palestine, Jordan, Iraq, Qatar, Kuwait, Lebanon, Libya, Oman, Syria, Yemen, Afghanistan, Trinidad and Tobago, Somalia, Myanmar, Puerto Rico. For the most up-to-date information on regional availability, please contact WhiteBIT support.
Is WhiteBIT available in the USA?
Yes, WhiteBIT is available in the USA. However, availability may vary by state due to local regulations. We recommend checking the official website or contacting support for up-to-date information specific to your location.
WhiteBIT commissions and fees
WhiteBIT has earned a rating of 9.25/10 for its trading fees. This makes it a highly attractive choice for active traders seeking to reduce costs, as WhiteBIT is a platform with minimal crypto trading costs.
- Futures fees below industry average
- Spot fee below industry average
- No deposit fee
- No P2P fee
- Withdrawal fee may be applied
What are WhiteBIT trading fees?
We analyzed WhiteBIT’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
WhiteBIT trading fees vs competitors
WhiteBIT | Huobi Global | BitFlyer | Industry average | |
Spot, maker fee (%) | 0,1 | 0,2 | 0 | 0.15 |
Spot, taker fee (%) | 0,1 | 0,2 | 0 | 0.194 |
Futures, maker fee(%) | 0,02 | 0,02 | 0 | 0.024 |
Futures, taker fee(%) | 0,05 | 0,05 | 0 | 0.053 |
What are WhiteBIT deposit and withdrawal fees?
Deposit fee, % | 0 |
Withdrawal fee, % | 0,0004 BTC 0,00367 ETH |
Does WhiteBIT offer P2P trading?
Yes, WhiteBIT offers a P2P trading platform. We have provided the fees for these transactions and compared them with competitors.WhiteBIT P2P Fees
Deposit and withdrawal
WhiteBIT received a 7.5/10 rating for its deposit and withdrawal services. While WhiteBIT covers basic payment options, the platform lacks some widely used methods that could improve user flexibility.
- No deposit fees
- Google Pay supported
- Bank cards accepted for instant deposits
- P2P for flexible transfers
- Withdrawal fee applies
- No PayPal option
- Bank transfers not available
Deposit and withdrawal options
WhiteBIT supports the following deposit and withdrawal options: Bank card, Crypto, Advcash Wallet, Google Pay, Apple Pay.
WhiteBIT Deposit and withdrawal options vs competitors
WhiteBIT | OKX | Kraken | |
Bank transfers | No | No | Yes |
Bank card | Yes | Yes | Yes |
Crypto | Yes | Yes | Yes |
PayPal | No | No | Yes |
What is WhiteBIT minimum deposit?
The minimum deposit at WhiteBIT is 10 USD/USDT or 0,0001 BTC. The minimum trade size is 1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
WhiteBIT minimum deposit vs competitors
WhiteBIT | OKX | Kraken | |
Minimum deposit, USD or USDT | 10 | 10 | 10 |
Minimum deposit, BTC | 0,0001 | 0,0005 | 0,0001 |
Minimum trade amount, USD/USDT | 1 | 0,00001 | 1 |
Does WhiteBIT support fiat money?
WhiteBIT supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
WhiteBIT received a score of 8.5/10 in this category, highlighting its excellent selection of tradable assets and market access. WhiteBIT supports 276 coins and caters to various trading types, making it a strong choice for both active traders and long-term investors.
- NFTs available
- Crypto futures available
- Yield farming available
- Crypto options not available
WhiteBIT supported coins and markets vs competitors
We compared WhiteBIT with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
WhiteBIT | OKX | Kraken | |
Supported coins | 276 | 329 | 278 |
Futures/Perpetual contracts | Yes | Yes | Yes |
Options | No | Yes | No |
NFTs | Yes | Yes | Yes |
WhiteBIT passive income options vs competitors
We also compared WhiteBIT with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Trading apps & tools
WhiteBIT received a score of 9/10 for its trading apps and tools. Its mobile platforms are highly rated on both iOS and Android, delivering smooth performance, advanced charting capabilities, and real-time market data.
- Positive user feedback on the iOS app
- Fast and secure login with Face ID
- Android app score 4
- App data protection with 2FA
- No trading bots for traders
- Advanced orders not available
- No standalone desktop access
Trading apps
WhiteBIT provides web and mobile apps for both Android and iOS users, with an average rating of 4,7 on the App Store and 4 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the WhiteBIT platform is for mobile use.
WhiteBIT | Bybit | |
2FA | Yes | Yes |
Face ID | Yes | Yes |
Mob Indicators | Yes | Yes |
Alerts | Yes | Yes |
Advanced Orders | Yes | Yes |
Trading with bots | No | Yes |
API | Yes | Yes |
Extra trading platforms | No | MT4 |
Does WhiteBIT offer a desktop app?
No, WhiteBIT does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.
Does WhiteBIT offer advanced charting with TradingView integration?
Yes, WhiteBIT offers advanced charting through direct integration with TradingView. Users can access TradingView’s full suite of indicators, drawing tools, and multi-timeframe analysis directly on the platform.
Contacts
Foundation date | 2018 |
---|---|
Registration address | Lithuania, Vilnius |
Official site | https://whitebit.com/ |
Contacts |
+37052141499
|
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