WhiteBIT

Crypto Exchange

Key Data

  • Trading Name: WhiteBIT
  • Legal Entity: UAB Clear White Technologies
  • Activities: Exchange
  • Location: Lithuania
  • Regulations: Europan Exchange and Custody license
  • Key People: Vladimir Nosov (Linkedin).

WhiteBIT is a crypto exchange from Lithuania with a Europan Exchange and Custody license. The platform has 4 000 000+ million registered users in Europe, Asia, and the CIS and has partnered with many blockchain projects (Dash, Tron, Matic, to name a few).

The company was established in 2018 by Vladimir Nosov (Linkedin).

Offering

The platform creates the space for trading and staking, offers a private crypto wallet, the possibility of advanced crypto trading with up to 10x leverage on margin and x50, x100 leverage on futures trading, WhiteBIT codes, trading contests, and other unique features necessary for optimal crypto trading like Currency rate monitoring widget or Margin trading.

Digital assets such as BTC, ETH, USDT, DOGE, and many other popular cryptocurrencies can be traded and exchanged through the WhiteBIT platform.

The exchange has a standard referral program, and trading commissions are fixed. There is also a TradingView web terminal and a mobile trading application. The company offers its own GitHub solution for cryptocurrency trading.

WhiteBIT also has Demo Token, a free tool that helps users to learn the basics of crypto trading and test their strategies on the DBTC/DUSDT pair.

Currently, WhiteBIT does not allow US investors to trade on the exchange.

WhiteBIT holds 96% of its assets in cold storage. 2FA, anti-phishing software, and automatic logout provide an additional layer of protection.

The platform has a max daily trade capacity of $2.5 billion, positioning it as one of the eminent participants in the market

Security

Security-wise, WhiteBIT holds the place in the top 3 digital exchanges globally, as per CER.live. The cryptocurrency ground also underwent an independent audit by Hacken, earning it an AAA rating and making it the 2nd most secure exchange.

Conclusion

We could not find any irregularities around WhiteBIT and also all compliance technical data are fully available, also their transparency is very positive to highlight.
Therefore, we rate WhiteBIT as GREEN.

3 reviews

  1. Easy margin trading

    Margin trading is easy at WhiteBIT, with trading fees as low as 0.1%. You pay a daily fee of 0.098% to use funds at margin trade. While trading, I used all the orders like market, limit, stop-market, stop-limit and OCO orders with a maximum leverage of 20x. It might sound complicated but it’s not. You can trade with about two dozen trading pairs formed by the most common cryptos. As for the fees, they are always present, but they are pretty low, so I don’t really notice them. Margin trading can be easy and profitable at WhiteBIT.

  2. It's good , support is fine, leverage is good

    My experience with WhiteBIT has been nothing short of good I love how easy it is to use their platform for trading and managing my crypto assets. The low trading fees are a big plus for me, especially when I’m using leverage for margin trading. It’s great to see that they value their users by keeping the costs low.

    Another is their fast and responsive customer support. Whenever I had a question or needed assistance, they were quick to help and always friendly. It’s reassuring to know that they have my back.

    And let’s not forget about low fees for using borrowed funds are a game-changer, making it more affordable and profitable for me to trade on margin.

  3. A Fair Trading Experience

    WhiteBIT offers a fair and transparent trading environment, which is quite refreshing in the crypto space. What sets them apart is their unwavering commitment to fairness.

    In an industry known for its volatility, having a reliable and level playing field like WhiteBIT is invaluable. Whether you’re a novice or a pro, you’ll appreciate the fairness they bring to the table. It’s a quality that makes a real difference in the world of cryptocurrency trading.

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