WhiteBIT vs VALR: Fees, Coins, Safety Comparison
| Feature | WhiteBIT | VALR |
|---|---|---|
Overall |
3.8 |
2.8 |
3.7 |
1 |
|
3.5 |
4.1 |
|
4.3 |
3.9 |
|
Investment Instruments |
3.9 |
1 |
Platforms and Charting Tools |
3.6 |
4.2 |
Deposit and Withdrawal |
4 |
3.1 |
Research |
3.9 |
3.5 |
Education |
3.7 |
3.6 |
Support |
3.5 |
3.9 |
Bonuses |
3.8 |
3.7 |
|
Your capital is at risk.
|
WhiteBIT vs VALR: Pros and Cons
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.
The VALR exchange is a renowned cryptocurrency trading platform. Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, and other cryptocurrencies are at your disposal for trading here. Instantaneous exchange and margin trading are available (but no leverage). Of the fiat funds, only the South African rand is represented. The crypto exchange has a web version of the trading terminal and applications for iOS and Android for mobile trading. The site offers a referral program with four levels of reward. Traders' assets are stored in the Bittrex system, and the platform uses several levels of security to protect users' funds. Fees are fixed and are below the market average.
| WhiteBIT | VALR | |
|---|---|---|
| Overall Pros | Bitcoin, dozens of altcoins and tokens, four fiat currencies, including the USD and the EUR; | a plethora of cryptocurrencies for exchange and trade; |
| large trading volumes, high liquidity, multilevel security system; | functional and easy-to-learn trading terminal; | |
| basic trading for beginners, spot and margin, P2P exchanger, and free multicurrency account; | the presence of an author's application for mobile trading; | |
| most options for depositing/withdrawing funds such as e-wallets, bank cards, and transfers; | lucrative referral program with discounts and rewards; | |
| a simple and profitable system for investing in blockchain projects of crypto exchange affiliates; | top-tier level of protection of data and user funds; | |
| the commission does not change - 0.1% of the trade amount, and no additional fees or charges; | all major options for depositing and withdrawing funds; | |
| FAQs on the basics of crypto trading, a demo token for education and training. | low fixed fees for trading operations; | |
| Crypto4Covid Fund for Covid-19 Affected People. | ||
| Overall Cons | communication with the exchange only through the website and email, there is no call center or alternative methods of prompt communication; | only South African rand is presented as fiat; |
| there is no advanced training, except for staking; and there are no alternative investment options. | communication with technical support can be initiated exclusively through tickets. | |
| the exchange does not offer tutorials; |
WhiteBIT vs VALR: Safety and Regulation
| Regulated By: | WhiteBIT | VALR |
|---|---|---|
Government-regulated |
Yes |
Yes |
U.S Regulated |
No |
No |
FCA U.K Regulated |
No |
No |
Germany Regulated |
No |
No |
AMF in France Regulated |
No |
No |
Spain Regulated |
Yes |
No |
DFSA in UAE |
No |
No |
Singapore Regulated |
No |
No |
Australia Regulated |
No |
No |
Seychelles Regulated |
No |
No |
Other countries |
Lithuania, Poland, Czech Republic, Bulgaria |
South Africa |
WhiteBIT vs VALR: Trading Conditions
| Trading Conditions | WhiteBIT | VALR |
|---|---|---|
Minimum deposit, USD or USDT |
10 |
1 |
Futures leverage |
100 |
10 |
Spot leverage |
10 |
5 |
Supported Coins |
276 |
|
Trading platform |
||
DFSA in UAE |
||
P2P |
1 |
1 |
Perpetual contracts |
0 |
1 |
WhiteBIT vs VALR: Fees
| Fee | WhiteBIT | VALR |
|---|---|---|
Spot Taker fee |
0,1 |
0,1 |
Spot Maker fee |
0,1 |
No |
Futures Taker fee |
0,05 |
0,04 |
Futures Maker fee |
0,02 |
No |
Deposit fee |
No |
0-3,9 |
Withdrawal fee |
0,0004 BTC 0,00367 ETH |
8,5 ZAR |
P2P taker fee |
No |
No |
P2P fee rate, maker fee |
No |
- 0,01 (rebate) |
WhiteBIT vs VALR: Trading Assets
| Asset Name | WhiteBIT | VALR |
|---|---|---|
Coins Supported |
276 |
|
P2P |
Yes |
Yes |
Perpetual contracts |
No |
Yes |
NFT |
Yes |
Yes |
Crypto Options |
No |
No |
Futures |
Yes |
Yes |
WhiteBIT or VALR: Investment Programs
| Asset Name | WhiteBIT | VALR |
|---|---|---|
Staking |
Yes |
Yes |
Copy trading |
Yes |
Yes |
Yield farming |
Yes |
Yes |
Affiliate program |
Yes |
Yes |
Trading Platforms: VALR or WhiteBIT
| WhiteBIT | VALR | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
No |
Yes |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Trading Platforms Features: VALR or WhiteBIT
| WhiteBIT | VALR | |
|---|---|---|
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: VALR or WhiteBIT
| WhiteBIT | VALR | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
No |
Yes |
Mobile trading: VALR or WhiteBIT
| WhiteBIT | VALR | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: VALR or WhiteBIT
| WhiteBIT | VALR | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
Yes |
Yes |
Stop Limit |
Yes |
No |
Trailing Stop |
No |
No |
WhiteBIT vs VALR: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | WhiteBIT | VALR |
|---|---|---|
Bank Transfer |
No |
No |
Credit/Debit Card |
Yes |
Only ZAR |
Electronic Wallets |
Yes |
No |
Crypto |
Yes |
Yes |
WhiteBIT vs VALR: Research
| Research Type | WhiteBIT | VALR |
|---|---|---|
News Feed |
Yes |
No |
Fundamental Data |
No |
No |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
No |
Yes |
E-Mail Reports |
No |
No |
WhiteBIT vs VALR: Education
| Education Type | WhiteBIT | VALR |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
No |
No |
Webinars |
No |
No |
VALR vs WhiteBIT: Support
| Support Features | WhiteBIT | VALR |
|---|---|---|
Working Days |
44766 |
24/7 |
Yes |
Yes |
|
Phone |
No |
Yes |
Online chat |
No |
No |
Other |
No |
No |
WhiteBIT vs VALR: Crypto Bonuses and Promo
| Promo | WhiteBIT | VALR |
|---|---|---|
Crypto Bonus |
No |
No |
Affiliate Program |
Get 40% of every trading fee paid by the users who sign up via your referral link |
The VALR referral (affiliate) program has notable differences from the typical programs of other cryptocurrency exchanges. The program includes four levels, but they are determined not by the depth of the referral network, but by the actions of the user. At each level (except zero), the exchange provides bonuses in the form of discounts on fees or affiliate payments. Level zero: you register without a referral code and do not receive any benefits. Level one: you register with a referral (invitation) code and receive a 10% discount on all trading commissions. Level two: you invite another user with a referral code and get a 15% discount on all fees, and the user gets a 10% discount. Level three: you invite two or more referrals and get a 15% discount on your fees. Plus, you also have access to 10% of all the commission fees of your referrals. |
|
Your capital is at risk.
|
Top 5 Reviews on VALR
-
Comment
VALR's customer support was unresponsive and provided little assistance in resolving the issues I encountered. I cannot recommend VALR for crypto trading due to its poor performance, inadequate support, and security concerns.
-
Comment
Account blocked! No comments, personal personal assistant does not get in touch. Worked with them for many years, until the merged everything was fine! Looks like it's taken too much!
-
Comment
On various forums and sites there are negative reviews about VALR, and most of them are true) I checked everything myself. The earned money was not allowed to be withdrawn, although the trade was going normally.
-
Comment
According to my observations, VALR is an exchange for everyone who is engaged in cryptocurrency trading. Beginners here will appreciate the interface of the trading platform and professionals will enjoy the absence of unnecessary services, such as consulting or personal managers. As a professional, I am honestly tired of opening top accounts and getting a manager who is not always competent. There is no such problem here. And the choice of cryptocurrency and convenient ways to replenish the deposit will be appreciated by everyone. I would add a service for copying transactions so that professionals can share their knowledge and get a percentage, and beginners can learn from someone else's experience.
-
Comment
Over five years of trading on crypto exchanges, I have come across different situations such as the inability to withdraw funds, frost from the support service, slippage, and glitches on the platforms. I can't say that VALR is the dream of any crypto trader, but the company performs basic functions well, and that's enough for me. The choice of cryptocurrencies is about the same as on other exchanges, but the commissions are significantly lower. When trading in high volumes, this is especially valuable. Communication with the support service could be made faster, and an online chat could be added, but this is not critical.
Top 5 Reviews on WhiteBIT
-
Comment
I use WhiteBIT as a backup platform for operations with altcoins and fiat. Liquidity is decent, and the 0.1% fee comes with no hidden charges. Security deserves special mention: 98% of funds are stored in cold wallets, there’s WAF protection, and the reserve fund is located in the US. Registration and verification didn’t take much time. The main drawback is limited educational content and only one type of investment option, but overall the platform is reliable.
-
Comment
I came across WhiteBIT by chance while looking for a platform offering margin trading. What caught my attention was the 1:100 leverage and the availability of both spot and margin operations. I also appreciated the multi-currency account. With a minimum deposit of just 0.0005 BTC, the exchange is quite accessible. Of course, I’d like to see more investment options beyond just crypto deposits, but for trading purposes, the conditions are solid.
-
Comment
WhiteBIT left a mixed impression. On the one hand, the wide selection of assets — including 10 fiat currencies and dozens of altcoins — is convenient. I appreciated the simplicity of deposits and withdrawals: e-wallets and bank cards are supported, and the fee is fixed at 0.1%. On the other hand, there’s no advanced educational content, only basic materials. For experienced users, that might not be enough. Still, the platform is stable, and the trading conditions are fair overall.
-
Comment
One of the upsides of Whitebit’s support is that, unlike many top exchanges, you can actually get through to a real specialist instead of being stuck with irrelevant chatbot answers. However, non-English-speaking traders might run into some issues. If you need a quick resolution, it’s best to go with English for communication. If you're not strong in English, be prepared to wait—sometimes for quite a while, even up to half a day. Plus, when a specialist does become available, you have to be in the chat. If you miss them, there are no follow-up messages in the app. I missed my specialist once and only realized the next day that they had responded to me the same day.
-
Comment
The Whitebit trading app is pretty well thought out, though it’s not perfect. A big plus is having seven different chart types to choose from. For technical analysis, you’ve got about 20 indicators at your disposal. But there’s a catch—you can only display two at a time on the chart. So, if you’ve got volume on, you can only add one more, like MACD. Another thing I find lacking is a monthly timeframe option for the charts. On the bright side, there's a handy feature that lets you select your preferred margin or leverage level for futures with just two clicks. It’s a great way to manage your risks. But I really miss having more timeframe options for the charts. For instance, I like using H2 and 1M for specific purposes, but they’re just not available in the app.
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.