WhiteBIT Review 2025

Our Verdict

🪙WhiteBIT, established in 2018, is a global cryptocurrency exchange available in 170 countries.

💰It offers a range of trading options, including Spot, Futures, and Margin trading, with around 350 coins and 730 trading pairs.

🛡️ The platform features an active bug bounty program with high rewards. It also provides standard security measures such as 2FA, anti-phishing codes, passkeys, and biometric authentication.

💲Standard spot trading fees are at 0.1% for both makers and takers. The platform supports direct fiat deposits and withdrawals in nine different currencies.

🚫 It lacks Copy Trading and P2P trading, both common features for beginner traders.

In my opinion, WhiteBIT is a solid choice for both crypto novices and traders looking to diversify their portfolios with high-risk assets.

WhiteBIT Pros and Cons

Is WhiteBIT Right for You?

When reviewing exchanges, we consider all types of traders, from casual to active. Our clear and thorough approach helps explain trading strategies and their requirements. By analyzing and ranking key factors, we assess how well each exchange suits different traders.

WhiteBIT is not suitable for copy, social, and bot traders, as it lacks these features. However, it fits various types of traders. Here’s our verdict:

Supported Countries and Regions

WhiteBIT operates in 170 countries worldwide but is not available in the United States.

According to its Terms and Conditions, WhiteBIT does not provide services to citizens of countries blacklisted by the FATF for regulatory and compliance reasons. A full list of restricted regions, available in the Help section, includes:

• American Samoa
• Syria
• Russian Federation
• Sudan
• Yemen
• Canada
• Venezuela

Since the list of prohibited regions may change, we recommend checking the most up-to-date information on the platform’s official website.

WhiteBIT Bonuses and Special Offers

WhiteBIT occasionally runs campaigns listed in the Activities Center on its blog. These include quizzes, trading competitions, and incentives tied to the purchase of certain coins or products. They are open to both new and existing users.

Join WhiteBIT using our referral link and get a bonus.

WhiteBIT Background

Establishment: WhiteBIT was founded in 2018 and is headquartered in Vilnius, Lithuania.

Leadership: The sole founder and CEO of the company is Volodymyr Nosov, a Ukrainian businessman and philanthropist.

Security & Transparency

Verified Trusted Scores

Reviews from independent security services like CoinGecko and CertiK play a crucial role in assessing exchanges listed on Fxempire.com. These reputable auditors evaluate factors such as cybersecurity, traffic, trading volume, and liquidity. WhiteBIT holds CCSS Level 3 certification, the highest standard for cryptocurrency security, and has a high ranking on Cer.Live, while CertiK, CoinGecko, and CryptoCompare give it an average rating.

Cyber Security Measures

The desktop app offers 2FA via Google or Microsoft Authenticator. Users can also enable a passkey and an anti-phishing code. The mobile app supports fingerprint authentication and a PIN code. Additionally, the platform allows device management and provides a login history for added security.

General Reliability

WhiteBIT operates an active bug bounty program via HackenProof, offering rewards between $50 and $10,000 based on the severity of discovered vulnerabilities. It also runs a self-hosted bug bounty program with rewards between $500 and $10,000, which is comparable to (and in some cases even exceeds) industry standards. However, it lacks Proof of Reserves and an insurance fund, which limits overall transparency and asset protection.

Corporate Communication Structure and Transparency

The company maintains a high level of transparency, featuring information about its founder and key team members on its official website. WhiteBIT is also active on major social media platforms, including Telegram and LinkedIn.

Regulations & Compliance

Unlike many exchanges, WhiteBIT actively pursues regulatory compliance across multiple countries to provide users with a secure and reliable trading experience. The platform is registered or authorized as a Virtual Asset Service Provider (VASP) in jurisdictions such as Spain, Lithuania, Poland, the Czech Republic, Bulgaria, Italy, Kazakhstan, Turkey, Georgia, Croatia, Australia, and Switzerland.

Additionally, WhiteBIT holds PCI DSS certification for secure card transactions, as well as ISO/IEC 27001:2013 and ISO/IEC 27701:2019 certifications for information security and privacy management.

Know Your Customer (KYC)

KYC verification is mandatory for all WhiteBIT users. The process requires submitting basic details such as name, country, and residential address, along with scanned copies of an ID and proof of address. Users must also complete facial verification and confirm compliance with the User Agreement.

During testing, I obtained a fully verified account quickly using a laptop camera, with WhiteBIT processing our data in less than an hour.

Is WhiteBIT Safe to Trade With?

WhiteBIT has a decent level of security. It has never experienced a security breach, and the platform complies with local regulations while being registered in several regions. In my opinion, WhiteBIT may be a safe option for long-term fund storage.

Trading Experience

Trading Test

We thoroughly evaluated the WhiteBIT platform to provide a reliable review of its usability, features, and costs. Our testing process included: signing up and completing KYC, depositing and withdrawing funds, trading various pairs and conversions, and assessing transfer and withdrawal fees. Here’s our detailed analysis:

Step 1: Setting Up and Funding Your Account

WhiteBIT lets you create an account with an email, Google, or Apple account. Existing users can also link their accounts with MetaMask, Coinbase Wallet, or Trust Wallet. I signed up quickly using my Google account.

After registering, I completed KYC with my laptop camera and deposited funds within minutes.

I also made a crypto deposit in USDT, and the deposit address with a QR code was generated instantly. The funds appeared in my account in just a few minutes.

Step 2: Trading

WhiteBIT offers four account types: Main, Trade, Collateral, and Earn. The funds I deposited went to the Main account, so I transferred them to the Trade account to start testing.

I exchanged some USDT for LTC at the market price, and the transaction was smooth. The fee of 0.1% was applied as stated on the website.

Next, I placed a Stop-Limit order to exchange LTC back to USDT at a price close to the market level. The order was executed in about 2 minutes at a slightly lower price, with the fee again at 0.1%.

I also tried crypto lending by depositing USDT for 10 days. The plan, shown in a pop-up window, promised a reward of 0.125 USDT per 50 USDT deposited, and my earnings matched the promise.

Step 3: Withdrawal and Review

Finally, I withdrew USDT via the TON network to my wallet on another exchange. The withdrawal went smoothly, with a flat fee of 1 USDT, and the funds reached my wallet within a few minutes.

WhiteBIT Desktop Version

In this review, I tested the desktop version of WhiteBIT in the Chrome browser. As a casual trader, I found the navigation simple due to its standard layout and user-friendly interface.

The trading features are extensive and meet the needs of expert traders. The available order types include Market, Limit, Stop-Market, Stop-Limit, and Stop-Loss.

Experienced traders can also access advanced tools such as Margin and Futures trading, Crypto Lending, integration with TradingView, an advanced API, and a native DEX. However, the platform does not offer Iceberg, GTC/GTD, or Day orders.

Charts: Integration with TradingView provides detailed charts for price analysis.

Trade Navigation: The process is simple: select a trading pair, set order details, and confirm the transaction.

Withdrawal and Wallet Protection: While testing, I was able to easily withdraw assets to my wallet on another exchange. Transaction details and fees are clear, and the platform prevents errors by blocking withdrawals to incorrect wallet addresses.

Order Book: The interface shows real-time open orders and buy/sell percentages.

Conditional Orders: Spot Trading supports Market, Limit, Stop-Market, and Stop-Limit orders, while Futures Trading offers Stop-Loss and Take-Profit orders. Advanced orders such as GTC, GTD, and Day orders are not available.

Coin Search: A search field with a quick filter helps find stablecoins, fiat, margin, and futures trading pairs.

Futures Trading

WhiteBIT’s Futures Trading section includes approximately 200 assets, with leverage of up to 100x. Fees are minimal, and the platform supports standard order types: Market, Stop-Limit, and Stop-Market, similar to those in Spot trading.

Popular contracts such as BTC, ETH, and SOL see daily trading volumes exceeding $50 million, indicating strong liquidity across major pairs.

Margin Trading

WhiteBIT also supports Margin Trading, offering around 30 trading pairs with leverage of up to 10x. This allows users to trade using borrowed funds, increasing both risk and potential returns.

While the selection is smaller compared to platforms like DigiFinex, it includes several widely traded assets such as ADA, LINK, and TRX.

Crypto Lending

The platform offers crypto lending, allowing long-term investors to put their idle assets to work. Around 90 assets are available for lending, with APY ranging from 1.5% to 19%. The lending period varies between 10 and 360 days, while the minimum deposit is equivalent to USD 50. WhiteBIT outperforms other platforms like Phemex and Backpack by offering a wider choice of assets.

Simplified Trading Process

WhiteBIT offers a simple tool to convert supported assets between one another. While the tool does not display the fees it charges, it can be convenient for quick asset exchanges. Platforms like Bit.com and BitDelta offer a similar solution for newbies and casual traders, though the last one comes with fewer trading pairs.

My Key Takeaways After Testing WhiteBIT

WhiteBIT is ideal for beginners and casual traders with its user-friendly interface and simple trading process. Experienced traders benefit from advanced tools, low fees, and a crypto lending option for long-term holding.

However, the platform lacks features such as copy trading, trading bots, and advanced order types like GTC, GTD, Trailing Stop, and Day orders.

WhiteBIT Mobile App

The WhiteBIT Mobile App is available for iOS and Android devices. Its trading functionalities closely mirror those of the desktop version. The interface is light and user-friendly, making it a good fit for crypto trading beginners.

During testing, the WhiteBIT mobile app stood out for its comprehensive set of security features. It supports fingerprint authentication, PIN protection, anti-phishing codes, passkeys, and two-factor authentication (2FA). Additionally, the app uses a QR code scanner during withdrawals to help prevent errors.

While many platforms offer some combination of these tools, few of the apps I’ve tested include all of them at once.

Key features and tools on WhiteBIT Mobile include:

• Trading Features: The trading tools mirror those on the desktop version. You can use various order types, such as Market, Limit, Stop-Market, and Stop-Limit, while Futures trading includes Take-Profit and Stop-Loss orders.

• Coin Search & Portfolio Management: The coin search tool is simple, and the Wallet tab clearly displays your total USDT balance.

• Watchlist: The app lets you add or remove assets from your favorites using a star icon, making it easy to track your preferred coins.
• Futures and Margin Trading: Advanced traders benefit from Futures and Margin trading with leverage up to 10x and 100x, respectively.

• Simplified Trading Process: The mobile app offers the same Convert tool as the desktop version, allowing traders to quickly exchange any supported assets.
• Crypto Lending: Users can earn passive income on idle assets in the mobile app by lending them through the corresponding tool. The app provides all the details of the selected plan, including the time remaining and the expected reward amount.

My Key Takeaways After Testing WhiteBIT on WhiteBIT Mobile

WhiteBIT Mobile offers the same tools and features as the desktop version. The interface is light and user-friendly, making the app a great choice for active traders on the go. During my tests, the app performed excellently, loading all pages instantly. Its security features help protect traders’ assets in case their devices are lost or stolen.

Fees

Spot Maker/Taker Fees

In our review of spot fees, we examine spot fees across three distinct tiers, focusing on the fees for different trading volumes. We focus on the essentials and potential savings through native tokens and various discount schemes. Our unique methodology provides a clear view of fee structures and how they benefit traders of all levels.

The first tier typically represents casual traders, as they don’t usually trade more than $10,000 per month, while the higher tiers often relate to more advanced traders. Using this method, we’re categorizing users not only by their trading style but also by the amount of money they spend on the exchange.

Additionally, we also compare these fees with industry standards to give a thorough perspective on each exchange’s affordability.

WhiteBIT’s fees are considerably lower than the industry average. The platform doesn’t differentiate between makers and takers, charging them equal fees, which encourages both liquidity creation and order fulfillment.

Deposit Fees

WhiteBIT charges average fees for fiat deposits through the most commonly available methods. However, bank deposits via SEPA or wire transfer come with notably lower fees, making WhiteBIT more competitive with platforms like KuCoin and Crypto.com in this regard.

Withdrawal Fees

WhiteBIT supports fiat withdrawals, but only for specific currencies. You can withdraw USD and EUR to a bank card or Volet.com. EUR withdrawals can also be made via SEPA transfer, incurring a 5 EUR fee.

Crypto withdrawals are subject to a small fee that varies by asset. For example, when I withdrew USDT to an external wallet, the exchange charged 0.87 USDT on the ERC20 network and 1 USDT on other supported blockchains, such as TRC20, NEAR, and SOL. Sending funds to another user on the platform is free.

I found WhiteBIT’s withdrawal fees mostly reasonable, although withdrawals to global bank cards are quite costly. The range of available currencies is limited, as the exchange doesn’t support some major fiats like GBP, CAD, and AUD.

Futures and Margin Trading Fee Rate

WhiteBIT uses the same maker-taker fee model for both futures and spot trading but with lower fees due to the high risks associated with futures. Makers pay 0.01%, while takers pay 0.035%. Additionally, the exchange charges a 0.0585% daily fee for margin trading.

Fee Discounts

WhiteBIT offers two methods to reduce trading fees:

• High Trading Volume: Advanced traders receive discounts after reaching certain monthly trading volumes, starting at a minimum of $100,000.
• WhiteBIT Native Tokens: Traders who hold or stake WBT can reduce their maker fees, with discounts ranging from 30% to 100% based on their token balance.

Are WhiteBIT Fees Competitive?

• During my tests, I confirmed that WhiteBIT’s fees match those listed on its website, with no hidden costs.
• Trading fees are lower than average, and you can get additional discounts by reaching high trading volumes or by holding the native token.
• Fiat deposit and withdrawal fees are average.

Overall, WhiteBIT’s fees are transparent and competitively priced, making it a solid choice for active traders.

Available Cryptocurrencies

Cryptocurrencies Available on WhiteBIT

Fiat and Stablecoins

WhiteBIT offers around 140 assets traded against fiat in spot trading. The list of supported currencies includes USD, EUR, GBP, TRY, UAH, BGN, CZK, KZT, and PLN, which is a much wider selection than what you’ll find on industry giants like KuCoin or Crypto.com. Margin and futures trading can only be done against crypto.

Users can also increase their profits with stablecoins. While most assets are traded against USDT, you can also exchange your holdings for fiat-backed USDC or algorithmic stablecoins like DAI or CELO.

Launchpad

WhiteBIT features a Launchpad where you can access new listings. WBT token holders can vote for their favorite projects to be listed on the platform, and crypto projects can apply to list their tokens via a dedicated webpage.

Liquidity

WhiteBIT claims to have robust liquidity, enabling large trades with minimal slippage. Its wide range of supported fiat currencies also attracts diverse trading volumes. However, some assets have a zero trading volume, which may affect the exchange rate during large trades.

Deposits & Withdrawals

WhiteBIT Deposit Options

WhiteBIT enables direct fiat deposits via popular fiat payment solutions like bank transfer, wire transfer, bank cards, SEPA, Volet, and GooglePay/ApplePay. The USD, EUR, and GBP currencies are supported, covering the majority of regions worldwide. However, the platform does not support P2P, PayPal, or AdvCash. Major currencies like CNY, JPY, and AUD are also missing. This makes the platform less convenient for users in Japan, Australia, or China, as they must purchase crypto elsewhere.

Platforms like BitMart and Changelly offer a wider variety of fiat payment options via multiple gateways. KuCoin and Binance provide robust P2P markets, helping users find local buyers and sellers.

WhiteBIT Withdrawal Methods

The fiat withdrawal process on WhiteBIT is just as simple as the deposit. The available payment methods and currencies are mostly the same, though withdrawals to a bank account are only possible via SEPA transfers. Minimum withdrawal amounts for most methods are around the equivalent of 10 USD.

Crypto withdrawals on WhiteBIT are subject to a small fee that varies by asset. During my tests, I attempted to withdraw USDT via the TON network to my wallet on another exchange, and the platform charged a fixed fee of 1 USDT.

WhiteBIT Daily Deposit and Withdrawal Limits

Daily deposit and withdrawal limits set by WhiteBIT for fiat currencies vary by asset and payment method. Verified users can typically withdraw the equivalent of 10,000 EUR/USD, though some methods may offer different limits. For example, withdrawals via Google Pay and Apple Pay have a daily limit of 2,000 EUR, while SEPA enables withdrawals of up to 14,500 EUR. Crypto deposits and withdrawals have no limit.

Customer Service

WhiteBIT Customer Support Test

We created a unique trading test to measure customer service across various user needs. We personally contacted support through all available channels and presented hypothetical problems. We focused on response speed, the quality of assistance, and whether we could speak to a real person.

Live Chat Support

While testing WhiteBIT, I asked about restricted regions via Live Chat since I couldn’t find this information. The agent responded instantly with a complete list, and the service was quick and efficient.

Customer service on WhiteBIT has proved to be some of the most efficient across all the platforms I’ve tested, as its agents were both fast and knowledgeable. Bitunix and DigiFinex offered similarly effective help, but larger platforms like KuCoin and HTX were less responsive.

Phone Support

WhiteBIT lists three phone numbers on its website:

• One for support in Ukrainian
• One for support in English
• One for international calls

First, I tried calling the international number, but the line was cut off after four rings, and I couldn’t get through. However, when I called the English support line, I was connected to an agent almost instantly.

The support was efficient: the agent provided detailed answers to all of my questions.

Email Support

I also submitted a ticket asking about third-party insurance on customer assets and received a detailed response within an hour.

FAQ