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WhiteBIT

WhiteBIT Overview

WhiteBIT is a European centralized cryptocurrency exchange offering spot, margin, and derivatives trading with 350+ pairs, crypto-fiat transactions, and advanced order types, serving over 5.5 million users globally.

Country: Estonia

Year Stablished: 2018

Type: Centralized Exchange

URL: https://whitebit.com

Deposit methods:

Credit Card
Wire Deposit

US Allowed: No

Offer Derivatives: Yes

WhiteBIT Fees

Maker: 0.1%

Taker: 0.1%

Withrawal Fee: Varies by asset (e.g., 0.0005 BTC)

WhiteBIT Limits

With KYCWithout KYC
Withdrawal LimitNot specifiedNot specifiedDay

Minimum order size: 5 EUR/USD equivalent

Minimum deposit size: 0.0005 BTC / 10 USD/EUR

WhiteBIT Supported Bots

Spot

None supported

Futures

None supported

WhiteBIT Review

Navigating the crypto exchange landscape can be pretty overwhelming when you're trying to find a platform that balances security, features, and user experience. I've been researching various exchanges recently, and WhiteBIT has popped up repeatedly as a noteworthy option in the European market. Let's take a closer look at what makes this platform tick.

A European Exchange with Strong Foundations

WhiteBIT emerged in 2018 as a centralized European crypto exchange founded in Ukraine. Since then, it has grown tremendously, now serving over 5.5 million users across 150 countries. What stands out is its regulatory compliance – WhiteBIT holds licenses in multiple European countries including Spain, Lithuania, Poland, Czech Republic, and Bulgaria, operating under EU regulations which adds a layer of legitimacy many exchanges lack.

This regulatory framework isn't just for show. One advanced trader noted in a review that WhiteBIT's compliance measures contribute significantly to its security posture, making it appealing for those who want regulatory protection while trading.

Security Features That Actually Work

In the wild west of crypto, security isn't just a feature – it's a necessity. WhiteBIT seems to take this seriously, maintaining 96% of funds in cold storage with an additional $30M insurance fund as backup. This approach paid off when they collaborated with the FBI to recover $760,000 in SOL tokens that were stolen during the North Korean Lazarus Group's $16 million hack of Rain.com.

Even more impressive, WhiteBIT managed to secure approximately $150 million in at-risk crypto funds during various cybercrime incidents in 2024, according to Crypto News.

But cold storage isn't perfect. As one expert pointed out, while excellent for security, cold wallet systems can sometimes limit trading flexibility. It's one of those necessary trade-offs that come with prioritizing security.

Trading Options for Everyone

WhiteBIT offers a pretty extensive range of trading options with 270+ cryptocurrencies across 350+ trading pairs. The platform supports spot trading, margin trading with up to 10x leverage, and derivatives markets.

I found their Multi-Limit orders feature particularly interesting. Introduced to allow grid trading with arithmetic and geometric progression setups, this tool helps automate trading strategies for more experienced users. According to WhiteBIT's blog, this feature allows you to place multiple orders at different price levels automatically – a real time-saver for active traders.

An intermediate trader highlighted that while the platform offers futures trading with up to 250x leverage, it's important to approach such high-leverage options with caution. I couldn't agree more – that kind of leverage is like handling financial dynamite!

Fee Structure and Costs

WhiteBIT's fee structure is competitive but not revolutionary. The standard spot trading fee is 0.1%, which is pretty much industry standard. However, you can get discounts by holding their native WBT token, according to Marketplace Fairness.

One thing to watch out for is their credit card deposit fees, which can reach up to 4.5% depending on the currency. That's pretty steep compared to some competitors, so bank transfers might be more economical for larger deposits.

The minimum deposit requirements are reasonable – 0.0005 BTC for crypto deposits and $10 for fiat deposits. Nothing outrageous there.

User Experience: The Good and the Challenging

While WhiteBIT offers an intuitive interface that seems to work well for both beginners and advanced traders, it hasn't been smooth sailing for everyone. In 2024, some users reported issues with KYC verification delays and withdrawal processing, as documented by BrokersView.

On the positive side, the platform's mobile app receives consistent praise. One reviewer specifically mentioned the app's optimization and user-friendly design as being particularly impressive.

Passive Income Opportunities

Like many modern exchanges, WhiteBIT offers various ways to earn passive income. Their staking options provide flexible periods ranging from 10 days to 1 year, catering to different investment timeframes.

The platform maintains five different balance types (Total, Main, Trade, Collateral, and Earn) for fund management, which helps organize your assets based on their purpose. This feature can be especially helpful if you're juggling active trading with long-term investments.

Accessibility and Restrictions

Not everyone can use WhiteBIT. The platform restricts users from the USA, Russia, and occupied Ukrainian territories. This is fairly common for European exchanges due to regulatory considerations, but it's something to be aware of depending on your location.

For those who can access it, WhiteBIT offers crypto-fiat trading pairs and P2P transfers through WhiteBIT Codes, making it versatile for various transaction types.

How Does It Stack Up Against Competition?

When compared to industry giant Binance, WhiteBIT holds its own in many areas but falls short in others. For instance, Binance offers lower futures fees at 0.02% for makers compared to WhiteBIT's 0.01%, according to BitDegree.

However, WhiteBIT's European regulatory compliance might make it more attractive to users who prioritize operating within clear regulatory frameworks, especially those based in Europe.

Final Thoughts

WhiteBIT has established itself as a solid contender in the European crypto exchange market, processing an impressive $2 trillion in annual trading volume as of 2025, according to CoinMarketCap.

Its strengths lie in its regulatory compliance, security measures, and diverse trading options. The challenges primarily revolve around occasional verification delays and somewhat higher credit card deposit fees.

For European users looking for a compliant exchange with strong security features and a comprehensive range of trading options, WhiteBIT certainly deserves consideration. Just be prepared for the verification process and consider your deposit methods carefully to avoid unnecessary fees.

Would I recommend it? For European users who value regulation and security – absolutely. For those seeking the absolute lowest fees or immediate verification – you might want to explore additional options.

WhiteBIT Supported Coins

Supported tokens (190)
ethereum (ETH)
bitcoin (BTC)
usd-coin (USDC)
tether (USDT)
true-usd (TUSD)
cosmos (ATOM)
ripple (XRP)
solana (SOL)
binancecoin (BNB)
matic-network (MATIC)
dogecoin (DOGE)
near (NEAR)
chainlink (LINK)
uniswap (UNI)
avalanche-2 (AVAX)
cardano (ADA)
tron (TRX)
dai (DAI)
apecoin (APE)
bitcoin-cash (BCH)
ethereum-classic (ETC)
litecoin (LTC)
aave (AAVE)
unifi-protocol-dao (UNFI)
the-sandbox (SAND)
fantom (FTM)
ethereum-name-service (ENS)
algorand (ALGO)
stellar (XLM)
optimism (OP)
dash (DASH)
stepn (GMT)
sushi (SUSHI)
shiba-inu (SHIB)
yearn-finance (YFI)
polkadot (DOT)
whitebit (WBT)
vechain (VET)
eos (EOS)
monero (XMR)
gala (GALA)
zcash (ZEC)
kava (KAVA)
waves (WAVES)
just (JST)
my-neighbor-alice (ALICE)
immutable-x (IMX)
filecoin (FIL)
chiliz (CHZ)
loopring (LRC)
1inch (1INCH)
enjincoin (ENJ)
compound-governance-token (COMP)
dydx (DYDX)
maker (MKR)
curve-dao-token (CRV)
project-galaxy (GAL)
pancakeswap-token (CAKE)
qtum (QTUM)
axie-infinity (AXS)
hedera-hashgraph (HBAR)
ankr (ANKR)
aragon (ANT)
chromaway (CHR)
decentraland (MANA)
api3 (API3)
constitutiondao (PEOPLE)
wink (WIN)
livepeer (LPT)
the-graph (GRT)
nexo (NEXO)
sun-token (SUN)
terra-luna-2 (LUNA)
ethereum-pow-iou (ETHW)
dodo (DODO)
ravencoin (RVN)
basic-attention-token (BAT)
nkn (NKN)
swipe (SXP)
jasmycoin (JASMY)
linear (LINA)
tezos (XTZ)
storj (STORJ)
kusama (KSM)
tomochain (TOMO)
render-token (RNDR)
ocean-protocol (OCEAN)
alpaca-finance (ALPACA)
zencash (ZEN)
mask-network (MASK)
frontier-token (FRONT)
iexec-rlc (RLC)
neo (NEO)
lido-dao (LDO)
omisego (OMG)
civic (CVC)
coin98 (C98)
cartesi (CTSI)
badger-dao (BADGER)
voxies (VOXEL)
0x (ZRX)
kyber-network-crystal (KNC)
serum (SRM)
yield-guild-games (YGG)
klay-token (KLAY)
stemx (STEMX)
radicle (RAD)
yfii-finance (YFII)
arpa-chain (ARPA)
pointpay (PXP)
stp-network (STPT)
balancer (BAL)
celo (CELO)
woo-network (WOO)
biconomy (BICO)
republic-protocol (REN)
stargate-finance (STG)
stafi (FIS)
marlin (POND)
audius (AUDIO)
skale (SKL)
power-ledger (POWR)
pivx (PIVX)
elan (ELAN)
adex (ADX)
amp-token (AMP)
nem (XEM)
melon (MLN)
origin-protocol (OGN)
uma (UMA)
streamr (DATA)
gulfcoin-2 (GULF)
band-protocol (BAND)
tribe-2 (TRIBE)
adventure-gold (AGLD)
mirror-protocol (MIR)
mdex (MDX)
injective-protocol (INJ)
wrapped-nxm (WNXM)
pha (PHA)
bluzelle (BLZ)
tellor (TRB)
aga-rewards (EDC)
aurora-dao (IDEX)
force-protocol (FOR)
request-network (REQ)
polkastarter (POLS)
superfarm (SUPER)
icon (ICX)
internet-computer (ICP)
superrare (RARE)
golem (GLM)
league-of-kingdoms (LOKA)
reef (REEF)
clover-finance (CLV)
havven (SNX)
status (SNT)
akropolis (AKRO)
utrust (UTK)
dforce-token (DF)
concentrated-voting-power (CVP)
mobox (MBOX)
starslax (SSLX)
centaurify (CENT)
football-coin (XFC)
dtng (DTNG)
hydranet (HDX)
plc-ultima (PLCU)
quarashi (QUA)
edain (EAI)
copiosa (COP)
vica-token (VICA)
axel (AXEL)
ftx-token (FTT)
theta-token (THETA)
bittorrent (BTT)
bancor (BNT)
orchid-protocol (OXT)
vulcan-forged (PYR)
future-of-fintech (FOF)
soloxcoin (SL)
xiden (XDEN)
tune-fm (JAM)
bitcoinz (BTCZ)
bitcci-cash (BITCCA)
cuprum-coin (CUC)
ston (STON)
hzm-coin (HZM)
malinka (MLNK)
zamzam (ZAMZAM)
USDT: 183 pairs
ETH/USDT
BTC/USDT
USDC/USDT
TUSD/USDT
ATOM/USDT
SOL/USDT
BNB/USDT
XRP/USDT
NEAR/USDT
UNI/USDT
MATIC/USDT
AVAX/USDT
LINK/USDT
ADA/USDT
TRX/USDT
DAI/USDT
DOGE/USDT
APE/USDT
BCH/USDT
ETC/USDT
LTC/USDT
AAVE/USDT
UNFI/USDT
SAND/USDT
FTM/USDT
ENS/USDT
ALGO/USDT
XLM/USDT
OP/USDT
DASH/USDT
GMT/USDT
SUSHI/USDT
SHIB/USDT
YFI/USDT
WBT/USDT
VET/USDT
EOS/USDT
XMR/USDT
GALA/USDT
ZEC/USDT
KAVA/USDT
DOT/USDT
WAVES/USDT
JST/USDT
ALICE/USDT
IMX/USDT
FIL/USDT
CHZ/USDT
LRC/USDT
1INCH/USDT
ENJ/USDT
COMP/USDT
DYDX/USDT
MKR/USDT
CRV/USDT
GAL/USDT
CAKE/USDT
QTUM/USDT
AXS/USDT
HBAR/USDT
ANKR/USDT
ANT/USDT
CHR/USDT
MANA/USDT
API3/USDT
PEOPLE/USDT
WIN/USDT
LPT/USDT
GRT/USDT
NEXO/USDT
SUN/USDT
LUNA/USDT
ETHW/USDT
DODO/USDT
RVN/USDT
BAT/USDT
NKN/USDT
SXP/USDT
JASMY/USDT
LINA/USDT
XTZ/USDT
STORJ/USDT
KSM/USDT
TOMO/USDT
RNDR/USDT
OCEAN/USDT
ALPACA/USDT
ZEN/USDT
MASK/USDT
FRONT/USDT
RLC/USDT
NEO/USDT
LDO/USDT
OMG/USDT
CVC/USDT
C98/USDT
CTSI/USDT
BADGER/USDT
VOXEL/USDT
ZRX/USDT
KNC/USDT
SRM/USDT
YGG/USDT
KLAY/USDT
STEMX/USDT
RAD/USDT
YFII/USDT
ARPA/USDT
PXP/USDT
STPT/USDT
BAL/USDT
CELO/USDT
WOO/USDT
BICO/USDT
REN/USDT
STG/USDT
FIS/USDT
POND/USDT
AUDIO/USDT
SKL/USDT
ELAN/USDT
ADX/USDT
AMP/USDT
XEM/USDT
MLN/USDT
OGN/USDT
UMA/USDT
DATA/USDT
GULF/USDT
BAND/USDT
TRIBE/USDT
AGLD/USDT
MIR/USDT
MDX/USDT
INJ/USDT
WNXM/USDT
PHA/USDT
BLZ/USDT
TRB/USDT
EDC/USDT
IDEX/USDT
FOR/USDT
REQ/USDT
POLS/USDT
SUPER/USDT
ICX/USDT
ICP/USDT
RARE/USDT
LOKA/USDT
REEF/USDT
CLV/USDT
SNX/USDT
AKRO/USDT
UTK/USDT
DF/USDT
CVP/USDT
MBOX/USDT
SSLX/USDT
CENT/USDT
XFC/USDT
DTNG/USDT
HDX/USDT
PLCU/USDT
QUA/USDT
EAI/USDT
COP/USDT
VICA/USDT
FTT/USDT
THETA/USDT
BTT/USDT
BNT/USDT
OXT/USDT
PYR/USDT
FOF/USDT
SL/USDT
XDEN/USDT
JAM/USDT
BITCCA/USDT
CUC/USDT
STON/USDT
HZM/USDT
MLNK/USDT
ZAMZAM/USDT
BTC: 51 pairs
ETH/BTC
XRP/BTC
BNB/BTC
LINK/BTC
TRX/BTC
SOL/BTC
ATOM/BTC
DOT/BTC
AVAX/BTC
ETC/BTC
ADA/BTC
AAVE/BTC
XLM/BTC
MATIC/BTC
DASH/BTC
NEAR/BTC
WBT/BTC
DOGE/BTC
MANA/BTC
VET/BTC
ALGO/BTC
CHZ/BTC
WAVES/BTC
DYDX/BTC
CHR/BTC
1INCH/BTC
SUSHI/BTC
ZEC/BTC
NEO/BTC
POWR/BTC
PIVX/BTC
CRV/BTC
FIL/BTC
SRM/BTC
AXS/BTC
JST/BTC
OMG/BTC
ANKR/BTC
OGN/BTC
ANT/BTC
REN/BTC
SAND/BTC
GLM/BTC
SNT/BTC
HBAR/BTC
ICX/BTC
AXEL/BTC
LTC/BTC
BCH/BTC
FTT/BTC
BTCZ/BTC
EUR: 9 pairs
USDT/EUR
XRP/EUR
MATIC/EUR
DOGE/EUR
ETH/EUR
BTC/EUR
ADA/EUR
XFC/EUR
SHIB/EUR
USD: 9 pairs
ETH/USD
XRP/USD
BTC/USD
MATIC/USD
DOGE/USD
SOL/USD
USDT/USD
ADA/USD
SHIB/USD
UAH: 17 pairs
USDT/UAH
WBT/UAH
XLM/UAH
SUSHI/UAH
1INCH/UAH
YFI/UAH
ADA/UAH
RARE/UAH
SHIB/UAH
LTC/UAH
NEO/UAH
BCH/UAH
BTC/UAH
ETH/UAH
ETC/UAH
NEAR/UAH
WAVES/UAH
USDC: 5 pairs
BTC/USDC
XRP/USDC
SOL/USDC
ADA/USDC
ETH/USDC
ETH: 2 pairs
TRX/ETH
XLM/ETH
TUSD: 2 pairs
BTC/TUSD
ETH/TUSD
TRY: 1 pairs
USDT/TRY

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Gainium is a publisher of financial information, not an investment adviser. We do not provide personalized or individualized investment advice. Cryptocurrencies are volatile investments and carry significant risk including the risk of permanent and total loss. Past performance is not indicative of future results. Figures and charts are correct at the time of writing or as otherwise specified. Live-tested strategies are not recommendations. Consult your financial adviser before making financial decisions.