Features, Fees, Pros & Cons

WhiteBIT has recently emerged as a modern-day innovative trading platform serving cryptocurrency traders in the mainstream market. Apart from simplifying the trading process, the platform has added value by introducing additional concepts, such as investment and cryptocurrency staking, ensuring that users don’t have to look for related services elsewhere.

Are you considering giving your crypto investment a try on this platform? If you answered yes, this WhiteBIT review is all you need to read so you can make up your mind. Our in-depth WhiteBIT review provides a clear picture of the platform and gives you an idea of what to expect once you sign in.

WhiteBIT Exchange Review: At a Glance

Features	WhiteBIT
Founded	2018
Founders	Volodymyr Nosov
Headquarters	Vilnius, Lithuania
Best For	crypto-to-crypto, crypto-to-fiat transactions, margin trading
Trading Features	Spot, margin and leveraged trading, crypto lending, WhiteBIT coin (WBT), WhitePay, WhiteSwap
Number of trading pairs	780+ (and 180+ futures pairs)
Fiat currencies supported	9 fiat currencies including USD, EUR, ZAR, JPY, IDR, GHS, MXN & more
Supported cryptocurrencies	330+ including BTC, ETH, BCH, BNB, TRX, DAI and many more
Fees	0.1%
Deposit methods	Visa, Mastercard, ZEN, Volet.com, Google Pay, Apple Pay, SEPA, SEPA Clear Junction, B2B SEPA Clear Junction, SEPA FINCI
Maximum leverage	10x for margin trading and 100x for futures trading, specifically for perpetual Bitcoin contracts.
Registrations	Spain, Lithuania, Poland, the Czech Republic, Bulgaria, Italy, Kazakhstan, Turkey, Georgia, Croatia, Australia, and Switzerland.
Security	2FA, KYC, Login Logs, Transaction Logs, passkey
Customer support	Email, live chat bot, and voice support
Mobile App	Yes, both Android and iOS devices.

What is WhiteBIT?

WhiteBIT is a centralized cryptocurrency exchange that was launched in 2018, by Ukraine born Volodymyr Nosov. Headquartered in Lithuania, it has amassed a rapidly growing user base spread across more than 190 countries. WhiteBIT’s mission was to introduce a secure, reliable, and transparent cryptocurrency trading platform that could engage with established exchanges already operating in the European and international cryptocurrency market. By adhering to existing market standards and practices, Nosov has demonstrated a continued commitment to the industry, earning a platform that fosters increased user trust and regulatory compliance. 

The exchange offers three trading desks: margin, spot, and futures trading. It supports over 300 crypto assets and more than 780 trading pairs. WhiteBIT runs an enormous ecosystem that includes its own WhiteBIT blockchain, the WhiteBIT Coin (WBT), a mining pool, a decentralized exchange (DEX), and WhiteBIT Nova debit card.

Moreover, users can enjoy convenience and flexibility through numerous payment options. This includes depositing in USD and EUR fiat currencies, as well as credit cards and Apple Pay. WhiteBIT also integrates seamlessly with Web3 wallets, enabling users to engage with decentralized finance (DeFi) platforms while enjoying the security features associated with centralized exchanges (CEXs).

That platform has undergone numerous security audits to ensure it maintains the highest level of exchange security. It has recently earned the coveted AAA security rating from CER.live, placing it as one of the safest cryptocurrency exchanges globally. Operating in a market that has long been dominated by industry giants such as Coinbase, Kraken, KuCoin, and Binance, WhiteBIT has differentiated itself by integrating robust security features and ease of use.  

WhiteBIT is known for its easy-to-use yet advanced tools that are ideal for both beginner and expert traders. WhiteBIT, which is Europe’s largest cryptocurrency exchange by traffic, is also the official sleeve partner and official crypto exchange for Italian football club Juventus. The firm is also an official partner of FC Barcelona, the Ukrainian national football team, FC Trabzonspor, and FACEIT. 

Pros

• The platform supports Bitcoin and several leading altcoins and crypto tokens, as well as over 10 fiat currencies, including the EUR and USD.
• The platform boasts high liquidity, offering a large trading volume and a robust security system.
• The exchange features a user-friendly interface that makes it ideal for beginners seeking to understand spot and margin trading, offering them a peer-to-peer (P2P) exchanger and a free multicurrency account.
• It offers various options for withdrawing and depositing funds using e-wallets and fiat currencies through bank transfers and Debit/Credit cards. 
• The firm operates a simple and easy-to-understand profitable affiliate program that helps users monetize their audience and earn rewards for every user they refer. 
• WhiteBIT gives a competitive commission of 0.1% on the entire traded amount, with no additional or hidden fees or charges.
• Users can enjoy learning via FAQs on blockchain technology and basic crypto trading in addition to a demo token that facilitates education and training.
• Advanced features include the WhiteBIT Earn program and the Passive income option with high interest from over 400+ trading pairs.

Cons

• Limited customer support as communication with the exchange can only occur through the company’s website and email.
• The platform doesn’t offer a specific advanced training program for traders apart from the one on crypto lending and staking.
• There is limited accessibility for users in some jurisdictions, such as the USA,, which are known to be home to millions of cryptocurrency users.
• There is mandatory KYC for all transactions, making it impossible to withdraw fiat without completing identity verification.

WhiteBIT Key Features

Several prominent features have made the platform a popular choice among modern-day crypto traders, which includes: 

Wide Asset Selection 

The crypto exchange currently supports over 330 crypto assets, including more than 780 trading pairs, which comprise at least 180 futures trading pairs, leaving users spoilt for choice.Some of the crypto assets available on WhiteBIT are Bitcoin, Ethereum, and other notable altcoins, such as Solana and XRP. Others include some of the leading stablecoins globally, such as USDC and XAUT, as well as several fiat currencies, including the US dollar (USD), the euro (EUR), the Polish zloty (PLN), and the Turkish Lira (TRY), among others.

WhiteBIT Coin (WBT) 

WhiteBIT Coin (WBT) is the native cryptocurrency of the Whitechain blockchain that hosts the trading platform. As the platform’s primary currency, WBT enables several on-chain functionalities besides powering decentralized applications (DApps) and offers numerous benefits and advantages to its holders.  Operating as a TRC20 and ERC20 token, the WhiteBIT coin is also interoperable across both the Tron and Ethereum blockchains.

WhiteBIT Coin operates on a calibrated deflationary model, with a total supply of 400 million tokens. To maintain controlled circulation, the platform conducts a scheduled weekly token burn. Holders of WBT are subject to several benefits and advantages, including substantial transaction fee discounts, such as an 80% discount on taker fees or the total removal of maker fees for select cryptocurrencies. Moreover, users can also lock up their idle WBT to staking for passive income and benefit from higher lending fees, enhanced referral commissions, and free withdrawals.

As of June 2025, the price of WhiteBIT Coin was around $48.55, indicating that the token was performing relatively well despite the traditional unpredictability of the broader cryptocurrency market. The coin was launched in August 2022 to enhance the trading experience for the platform’s users. It currently enables holders of over 10WBT to have privileged access to advanced features, such as the WhiteBIT Launchpad, where they participate in exclusive closed sales and promotional events.

Versatile Trading Functionality

In terms of trading experience, WhiteBIT exchange integrates some of the most excellent functionalities designed to enhance usability, including advanced tools and an easy-to-use interface that is ideal for both beginners and experienced traders.

If you’re new to crypto trading, WhiteBIT offers straightforward functionality that allows users to instantly convert their crypto assets without needing to use the regular trading terminal. This seamless feature also utilizes WB codes, which enable free transfers within the exchange, designed explicitly for casual platform users and HODLers.

WhiteBIT offers experienced traders a state-of-the-art terminal that can be tailored to provide personalized trading experiences, enabling users to reposition order books for maximum effect and convenience.  By integrating TradingView’s functionalities, the platform’s offerings include a range of advanced tools and indicators that users typically pay for on other platforms. Still, here, they’re free of charge. The advanced features mentioned here are also applicable to margin and futures trading, where leverage can run up to 10x and 100x, respectively.

To further assist users in making informed investment decisions, WhiteBIT provides an advanced analytical dashboard that allows experienced traders to preview insights into equity trends, portfolio performance, and profit and loss expectations. Moreover, users can easily automate their trading experience using the platform’s exclusive Auto-Invest function, which can be preset to make purchases based on tailor-made parameters for those interested in systematically planning their investments.   

By striking a balance between simplicity and advanced functionality, WhiteBIT’s interface ensures that all traders enjoy a hassle-free experience, free from the traditional hiccups.

Security Measures

WhiteBIT offers robust security measures to guarantee the safety of user funds by adhering to established industry standards and holding multiple certifications to demonstrate its commitment. For example, WhiteBIT broke records by becoming the first-ever cryptocurrency exchange to receive a Level 3 Cryptocurrency Security Standard (CSSS) certificate in December 2024. This certification highlights the lengths the platform can go to facilitate a secure trading environment. Moreover, WhiteBIT has consistently earned the coveted 100/100 cybersecurity score on CER.live in addition to holding Level 1 PCI DSS certification, a metric that guarantees robust protection for payment data.

The exchange also employs a rigorous control system that includes multi-signature wallets and a detailed, regular audit process surrounding all sensitive processes, serving as an added security layer to cover all funds and transactions. The firm even conducts periodic penetration testing and security audits to further enhance the exchange’s security, as well as a dedicated bug bounty program offering up to $10,000 for anyone who discovers a malicious threat.

Apart from operating advanced encryption systems and anti-phishing tools, WhiteBIT adheres to several industry-standard practices to ensure transactions are safe. This includes only allowing verified addresses to execute transactions while flagging any suspicious activity.

The platform also supports two-factor authentication (2FA) to safeguard user logins and transactions. Additionally, it adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) standards that align with international cryptocurrency security measures, affecting all users.

User Experience

WhiteBIT designs all its features and functionalities to create a hassle-free and user-friendly environment, ensuring that both new and experienced traders have a pleasant trading experience. One of the main features surrounding this offering is 24/7 customer support available in at least 10 different languages, including English, Spanish, and Ukrainian. Moreover, the trading platform offers a dedicated help center making it beginner friendly where new newbies can access numerous user guides and other resources designed to facilitate an easy onboarding process.

The exchange also operates a unique account management system that can be customized to individual preferences, including automated tracking of market updates and price changes, as well as security settings. Users who intend to make fast transfers between WhiteBIT accounts can take advantage of the QuickSend functionality, which facilitates real-time transfers and avoids traditional delays. If you’re using a mobile device, there’s an exclusive Shake-to-Send function that enables users to execute a transaction by simply shaking their smartphone.

WhiteBIT exchange also offers an intuitive referral program that gives rewards to users who engage with and invite friends and family to the platform. Users can leverage the personalization of their account settings to tailor automated logouts or use personalized nicknames for their user accounts. Moreover, WhiteBIT also offers a mobile App that works with both Android and iOS devices, facilitating trading cryptocurrencies and monitoring and managing accounts on the go.

WhiteBIT Nova Crypto Card for Crypto Payments

The crypto exchange launched the VISA-powered WhiteBIT Nova debit card for crypto payments in December 2024, providing Europe-based users with the convenience of spending their crypto assets. The card offers a zero-free service, meaning users can use it without worrying about activation fees, monthly inactivity fees, and a minimal ATM Charge for withdrawals. Additionally, cardholders can benefit from a cashback program offering incentives of up to 10% for regular usage, making it an incentive and reward for crypto enthusiasts.

Users can choose between a digital and physical card, meaning interested parties can access the virtual version of the card and integrate it with popular virtual payment applications, such as Google Pay and Apple Pay. The WhiteBIT Nova card supports numerous leading cryptocurrencies, including Bitcoin, Ethereum, Solana, XRP, and stablecoins like USDC, as well as the WhiteBIT coin, ADA, and AVA. The card offers seamless usability and can be used worldwide at all points of sale where VISA is accepted, ensuring an effortless way for users to spend their crypto assets.

Crypto Lending and Crypto Borrow           

WhiteBIT offers an exclusive Crypto Lending service, allowing users to earn interest by lending their crypto assets and providing an innovative way to grow their crypto holdings without engaging in active trading. The WhiteBIT crypto lending product enables platform users to earn passive income on their idle cryptocurrencies, with returns ranging from 0.23% to 18.64%. Users may choose deposit terms ranging from 10, 20, 30, 90, 180, to 360 days, making it one of the most competitive offers on the global cryptocurrency market.

In addition to the lending program, users can also use the WhiteBIT Crypto Borrow product, where they can borrow cryptocurrencies to use for trading, withdrawals, or transfers for any given period. The crypto loan is activated after the user places collateral on the platform’s Collateral Balance as a pledge, and the funds are transferred, with fees being calculated from the time of transfer. Once a user returns the borrowed crypto assets and the applicable fees, the system automatically returns their Collateral Balance.

Supported Cryptocurrencies  

WhiteBIT exchange supports a wide range of crypto assets, reaching above 330, enabling users to access as many commodities and markets as they desire. When it comes to buying cryptocurrencies directly, users can get just about any crypto asset they want, especially from the list of key assets used for trade.

The exchange also offers excellent possibilities that allow users to diversify their portfolios from among the hundreds of digital assets it supports. Among the leading cryptocurrencies and altcoins supported on the platform include Ethereum (ETH), Tether (USDT), Cardano (ADA), Bitcoin (BTC), and Dogecoin (DOGE). Other prominent offerings are Terra (LUNA), Avalanche (AVAX), USD Coin (USDC), Aave (AAVE), The Graph (GRT), Hedera Hashgraph (HBAR), Axie Infinity (AXS), and Chainlink (LINK).

WhiteBIT also supports Bitcoin Cash (BCH), Litecoin (LTC), Uniswap (UNI), Filecoin (FIL), Stellar (XLM), FTX Token (FTT), Polygon (MATIC), Ethereum Classic (ETC), Dai (DAI), VeChain (VET), TRON (TRX), Shiba Inu (SHIB), Klaytn (KLAY), Kusama (KSM), NEO (NEO), Monero (XMR), NEAR Protocol (NEAR), EOS (EOS) and Tezos (XTZ) among others.

Security: Is WhiteBIT safe?

In December 2024, WhiteBIT achieved a significant milestone by becoming the first crypto trading platform to obtain a 100/100 Level 3 certification offered under the Cryptocurrency Security Standard (CCSS). The security metric developed by the Crypto Currency Certification Consortium (C4) represents a new yardstick in cryptocurrency platform security. The accomplishment places WhiteBIT among the top-tier platforms recognized for offering state-of-the-art security.

The CCSS is a crypto industry-grade security framework that guarantees superior protection for crypto-based platforms and integrates existing ICT security frameworks, including ISO 27001 and PCI DSS, by implementing precise guidance associated with best practices in cryptocurrency security. The practice encompasses three certification levels, representing the highest benchmarks, including the use of access control, multi-signature wallets, and disaster recovery planning, as well as detailed audit trails and penetration testing for sensitive procedures such as data sanitization.

The audit was conducted over months and involved an extensive review of the platform’s security infrastructure, following three years of preparation that included both hot and cold wallets, as well as the submission of over 100 of WhiteBIT’s procedures, policies, and security protocols. The results reflected complete compliance, demonstrating that WhiteBIT adhered to the strictest security requirements of the highly coveted CCSS Level 3.

WhiteBIT Fees

Spot Trading Fees

WhiteBIT employs a flat, transparent fee structure for spot traders. Both maker and taker fees never exceed 0.1% for all transactions, making it one of the lowest-fee exchange in the market. For reference, makers add liquidity to the order book when they place limit orders. Takers, on the other hand, remove liquidity when they file those orders. While most exchanges differentiate fees for both activities, WhiteBIT simplifies the matter by maintaining a flat rate, with fees even lower for holders of the native WBT.

Futures Trading Fees

Takers can expect to pay 0.055% in fees on the WhiteBIT exchange, while makers are charged an impressive 0.01%. Compared to many other exchanges, WhiteBIT’s fee structure appears to prioritize accessibility and affordability in the derivatives market.

Deposit and Withdrawal Fees

Users do not pay any fees for crypto deposits. However, withdrawal fees vary depending on the different crypto assets. The applicable amounts are primarily determined by the costs incurred by various blockchain networks but can fluctuate based on current trends in network activity. Fees for fiat transactions when you buy crypto are based on the specific currency and the chosen payment method. Deposits made using Mastercard or Visa attract only minor processing fees.

Note that the lowest withdrawal amounts in terms of cryptocurrencies are 0.001 BTC, 10 USDT, 10 USDC, and 0.02 ETH. Users can make transfers on the platform using MasterCard or VISA. Payments made using credit cards are charged a 6.5% fee, with a minimum investment limit of $ 10 USD. Moreover, users can make deposits using USD Advcash and USD Perfect Money, which are subject to a 4.5% and 5% fee, respectively. The minimum investment deposit is $10. The lowest withdrawal limit for Bitcoin is 0.001 BTC, and the charge is 0.0004, while the lowest limit for ETH is 0.02 ETH, where a charge of 0.003 ETH is applied.

How to Sign Up for WhiteBIT  

To become a user of the WhiteBIT platform, you need to sign up using a simple, straightforward process. Below is a detailed step-by-step process for signing up:

1. Login: Visit the official WhiteBIT website
2. Registration: Locate the “Sign up” button in the top right-hand corner of the website and fill in the registration form. You will need to enter your email address, after which you will be asked to create a password.  
3. Verify Your Email: Once you have submitted the registration form, you will need to verify your email following the instructions that will be given to you by WhiteBIT.
4. Complete KYC Verification: To access all features, including deposits and withdrawals, as well as higher transaction limits, you must complete the KYC/AML verification procedure. The verification process involves submitting official government-issued identification documents, such as passports, ID Cards, or driver’s licenses.
5. Start Trading: Once the verification process is complete, you will be fully registered and you can buy crypto or begin depositing funds to start trading on your investment journey.

Conclusions                

As you have learned from our WhiteBIT review, the platform has grown significantly since its launch in 2018. It has evolved from a standard cryptocurrency exchange to one of the most respected Europe’s leading exchanges with a growing global footprint. With millions of crypto enthusiasts as its user base and a diverse crypto ecosystem featuring advanced products, WhiteBIT has steadily expanded its services and now competes with other global competitors, including Binance, KuCoin, and Coinbase.

WhiteBIT exchange focuses extensively on security, ensure crypto traders that their funds are safe. Whether you’re a beginner or an expert in search of advanced trading tools, WhiteBIT can be the innovative crypto exchange for you.

Frequently Asked Questions                          

Is WhiteBIT trustworthy?       

WhiteBIT is a reliable, user-friendly, and security-focused cryptocurrency exchange trusted by over 8 million users across 190 countries. The platform offers spot, margin, and futures trading. It supports over 330 crypto assets and 780 trading pairs with fat deposits covering USD, EUR, and GBP via cards, bank transfers, and Apple Pay. 

Is WhiteBIT available in the US?        

WhiteBIT doesn’t serve the United States market – the exchange restricts access to users from the US, alongside several other countries. However, at a recent interview during the company’s 6th anniversary celebrations, WhiteBIT founder Volodymyr Nosov spoke about plans to enter the US market soon.  

Can you withdraw from WhiteBIT?

Yes, it’s possible to withdraw funds from the WhiteBIT trading platform for both fiat currencies and cryptocurrencies. To make a withdrawal, visit the WhiteBIT website and navigate to the “Balances” section, select “Withdraw,” then choose the desired currency and preferred payment method. Once you’re through, confirm the withdrawal using your email or two-factor authentication method.

Is WhiteBIT staking safe?

WhiteBIT exchange operates a website with robust security measures. The level 3 certification of the Cryptocurrency Security Standard (CCSS) and strict adherence to KYC/AML procedures make its staking product relatively safe. WhiteBIT also implemented security practices such as PCI DSS, 2FA, regular security audits and a bug bounty program to maintain the highest security standards.

Does WhiteBIT offer leverage?

WhiteBIT offers leverage for margin trading and futures trading. While futures trading can leverage up to 100x on selected crypto assets, its margin trading provides a leverage of up to 10x.

Does WhiteBIT support fiat deposits?

Yes, WhiteBIT supports fiat currency deposits in several currencies, including GBP, USD, and EUR, via various methods such as debit/Credit cards, bank transfers, and payment Apps like Google Pay and Apple Pay. The platform accepts direct fiat currency deposits and withdrawals in multiple currencies.