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WhiteBIT Exchange Review 2025: One of the Best Crypto Exchanges
WhiteBIT Exchange is one of Europe’s largest platforms for cryptocurrency trading. With official ties to FC Barcelona and support for 10 fiat currencies. This exchange delivers a robust, secure, and user-friendly experience, and a convenient mobile app.
Is WhiteBIT the right exchange for you? Read on to find out…
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Pros
Wide selection of digital assets and trading pairs
Multiple funding options in a variety of fiat currencies
WhiteBIT Earn program
WhiteSwap decentralized exchange
Quick account sign-up and verification process.
Cons
Platform not available to users in the USA.
KYC verification required for withdrawals and fiat transactions.
WhiteBIT at a Glance
Notable Features
Advanced and user-friendly interfaces, mobile/desktop apps, margin/futures, fast sign-up, earning tools.
Fees
Spot trading fees start at 0.1%, withdrawal fees vary by asset, crypto deposits are free.
Cryptocurrencies
Over 270 cryptocurrencies and 520+ trading pairs supported.
Security Features
96% of assets in cold storage, 2FA, custom withdrawal whitelists, regular security audits.
KYC Requirements
Full name, government-issued ID, facial verification, proof of address, verified phone number.
Maximum Daily Deposit Amount
Limits depend on account verification level; no hard cap for fully verified users
In-depth Details: What’s to Like and What You Should Know
As one of the best cryptocurrency exchanges in the world, WhiteBIT offers features for every stage of your trading journey. You can access 270 cryptocurrencies and more than 520 trading pairs allowing you to diversify your portfolio and capitalize on market movements with ease. The platform blends a clean, intuitive interface with powerful tools for spot and advanced trading, including margin and futures, so you’re equipped whether you’re just starting or looking for advanced strategies. Onboarding is quick, and you can fund your account in ten major fiat currencies.
They have an earn program that lets you earn passive rewards, while exclusive benefits accrue to holders of their WhiteBIT Coin (WBT). The mobile app ensures you stay connected, manage orders, and spot opportunities on the go. With a focus on versatility and convenience, WhiteBIT provides an engaging, streamlined environment that makes digital asset trading accessible and rewarding for both casual investors and experienced traders.
History and Background
WhiteBIT launched in Ukraine in 2018, quickly establishing itself as a leading, secure cryptocurrency exchange in Europe. The platform set out to provide secure and accessible digital asset trading for a global audience. They have since expanded its services, reaching over 4 million users and securing partnerships like its official sponsorship with FC Barcelona. Emphasizing compliance, innovation, and user-focused tools, it has built a reputation as a reliable choice for both new and experienced traders.
Safety and Security
This exchange uses a multi-layered security framework to protect your assets and data. The platform secures 96% of funds in cold storage, minimizing exposure to online threats. The platform requires two-factor authentication (2FA) for important account actions. The platform complies with the European Union’s Markets in Crypto-Assets (MiCA) regulation. They enforce strict Know Your Customer (KYC) and Anti-Money Laundering (AML) standards, and hold Virtual Asset Service Provider (VASP) licenses in Lithuania, Spain, Poland, Czech Republic, Bulgaria, Croatia, Italy, and Kazakhstan. WhiteBIT undergoes regular external security audits and maintains an insurance fund to protect users in case of unexpected incidents.
Here are some of the things that caught my eye:
- Withdrawal whitelisting: Only pre-approved wallet addresses can receive withdrawals.
- Security notifications: Receive instant alerts for key account activities.
- Encrypted data storage: All personal and financial information is securely encrypted.
- Phone and email verification: Registration requires confirmation of both phone number and email address.
- Time-locked withdrawals: Added delay protects against unauthorized access.
- Continuous monitoring: Accounts are checked regularly for suspicious activity.
- Dedicated response team: Security experts are available for rapid incident response.
My Overview: I love WhiteBIT’s clean interface, fast sign up, and how quickly I can deposit or withdraw funds, even from my phone. It just works.
Special features
Their platform delivers a robust set of special features. At the heart of the ecosystem is WhiteBIT Coin (WBT Coin), the native exchange token. WBT holders access lower trading fees, increased referral rewards, and exclusive participation in airdrops or promotional offers. The token also offers opportunities to earn bonuses, receive trading fee rebates, and unlock higher withdrawal limits.
WhiteSwap, the platform’s built-in decentralized exchange, lets you swap a wide range of tokens directly from your wallet without leaving the platform. Fast and affordable, WhiteSwap is simple to use and keeps you in control. There are no third-party apps and no extra steps. The advanced platform brings the advantages of decentralized finance (DeFi) into the convenience of your account.
With WhiteBIT Earn, your crypto can work for you even when you don’t trade. Choose between flexible staking and fixed-term savings to earn passive returns on your assets. Everything happens within your dashboard, with clear rates and terms, so there are no surprises.
Usability
I appreciate how the platform keeps things simple and organized. Even newcomers to crypto will be able to use the platform. The dashboard is clean, and I can easily find my favorite coins or trading pairs without hunting through menus. Placing trades, whether spot, margin, or futures, is fast and straightforward on desktop and mobile. Switching between basic and advanced modes takes just a click. Clear instructions and tooltips guide me through new features. The entire experience is hassle-free and efficient.
Customer support
WhiteBIT offers 24/7 customer support through live chat, email, ticket system, and phone which allows users to contact a support agent when they need assistance. Response times are fast on urgent matters, and help is accessible directly from the website, platform, or mobile app. A dedicated security response team is on standby, ready to act immediately if any suspicious activity or security concern arises.
Mobile App
Their mobile app is a fully-featured and intuitive trading platform for both iOS and Android devices. It brings the flexibility of managing crypto assets, executing trades, and monitoring market trends directly to your fingertips. Switching between the basic and advanced modes is easy, along with supporting spot, margin, and futures trading. You can access real-time price charts, customize your dashboard, and place orders with just a few taps. Built-in security like biometric authentication and two-factor authentication ensures your account stays protected. The app also integrates funding options, withdrawals, and customer support, all within a smooth, easy-to-navigate interface.
Other useful features you should know about
- Price Alerts: Set customizable notifications for price changes and market movements.
- API Access: Advanced users can connect trading bots or third-party apps via public and private APIs.
- Referral Program: Earn bonuses by inviting friends and colleagues to join the platform.
- Multi-currency Wallet: Manage multiple fiat and crypto balances in a single app.
- Order Book Depth View: Analyze market liquidity and order flows in real-time.
- Transaction History Export: Download comprehensive reports of your trading and financial activity.
Normal and Advanced Modes on WhiteBIT
WhiteBIT has normal and advanced trading modes to suit different user preferences and skill levels. Normal mode is a simplified interface with clearly labeled buttons, streamlined order forms, and essential market information. Advanced mode unlocks a full order book, multiple order types, detailed real-time charts, depth analytics, and advanced trading tools like margin and futures. You can switch between these modes easily.
The True Cost of Trading on This Exchange
Throughout our review, we found that the platform does not charge any joining or subscription fees. You can register and maintain an account free of charge. Trading costs are transparent: spot trading incurs a standard 0.1% maker and taker fee. You can substantially reduce these rates by holding WhiteBIT Coin (WBT) or reaching higher VIP tiers. Additional costs may include withdrawal fees, which vary by asset, and a daily interest rate for margin trades. Deposit fees depend on the chosen payment method.
WhiteBIT Maker/Taker Fee Schedule
Does WhiteBIT charge a monthly fee?
The platform does not charge a monthly fee for account maintenance or crypto trading. You will pay trading, withdrawal, or certain service fees depending on your activity.
Verification usually takes just a few minutes, but in some cases, it may take up to 1 hour. In rare instances, the verification process can extend to 24 hours, especially if further document review is needed or if you have to resubmit information.
Once your identity is approved, you will be notified by email and your account status will be updated. You can then fund your account and start trading immediately.
What Can You Buy on WhiteBIT?
You can buy over 270 cryptocurrencies on the exchange, including major coins like Bitcoin, Ethereum, and USDT, as well as a wide range of altcoins and stablecoins. The platform supports direct purchases with multiple fiat currencies, making it simple to build and diversify your digital asset portfolio efficiently.
How To Set Up a WhiteBIT Exchange Account
If you want to try it out for yourself, here’s what you need to do:
- Go to the official website or download the app from the iOS App Store or Google Play.
- Click “Sign Up” or “Register” on the homepage or app welcome screen.
- Enter your email address and create a strong password.
- Agree to the Terms of Service and Privacy Policy, then click “Continue.”
- Check your email inbox for a verification code or link.
- Enter the verification code or click the link to activate your new account.
- Log in using your email address and password.
- Set up two-factor authentication (2FA) to enhance account security.
- Complete KYC verification by submitting personal details and uploading a government-issued ID and a selfie.
- Add a phone number and confirm it via SMS code.
- Deposit funds into your account via fiat, crypto, or supported payment methods to start trading.
Final Thoughts: Is Binance Worth It?
WhiteBIT provides a comprehensive and reliable platform for cryptocurrency traders. I appreciate the intuitive layout, which lets me easily access over 270 cryptocurrencies and manage trading pairs efficiently. Switching between basic and advanced modes helps me tailor the interface and tools to my needs. WBT Coin rewards, streamlined staking opportunities, and WhiteSwap integration add value to my trading and portfolio management.
Security is a top priority for me, and I trust its transparent compliance measures and solid protections to keep my assets protected. Onboarding was fast, and having responsive, 24/7 customer support gives me peace of mind whenever I need assistance. With clear fee structures, quick verification, and a broad feature set, I’m confident managing my assets and expanding my portfolio on this platform is secure.
Why You Should Trust CryptoVantage: How I Reviewed WhiteBIT
The CryptoVantage methodology for rating the best crypto exchanges on the market incorporates different aspects of the digital asset trading experience. Some of the things we look at include:
- Trade volumes and asset availability
- Trading features and tools
- Security
- Transparency, reputation and support
- Fees and added costs
- Ease of use
FAQs
WhiteBIT is a secure cryptocurrency exchange. The platform implements robust safeguards, including storing 96% of user assets in cold storage, enforcing two-factor authentication (2FA), performing regular external security audits, and maintaining an insurance fund for your protection. They adhere to strict regulatory requirements, such as Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols, and holds Virtual Asset Service Provider (VASP) licenses in several European jurisdictions.
Yes, you can receive real money from their accounts. You can deposit and withdraw supported fiat currencies like USD, EUR, and GBP, and handle cryptocurrency transactions. Profits from trading, staking, or other activities can be withdrawn as fiat currency to a bank account, payment card, or supported third-party service, provided all verification and compliance requirements are met.
You can withdraw both cryptocurrencies and fiat currencies from WhiteBIT, subject to KYC verification and applicable regional restrictions. Fiat withdrawals are processed through methods like bank transfer, cards, and e-wallets. Cryptocurrency withdrawals can be made to any compatible external wallet address. Withdrawal fees and limits depend on the asset and your account status, and all users must comply with security protocols to complete withdrawals.
WhiteBIT operates in most European countries and many other jurisdictions globally. It holds regulatory licenses in countries such as Lithuania, Spain, Poland, the Czech Republic, Bulgaria, Croatia, Italy, and Kazakhstan, primarily under the Virtual Asset Service Provider framework. The exchange does not accept users from certain regions, including the United States, Iran, Russia, and a number of other restricted countries, in compliance with international law and local regulations. You should confirm eligibility based on your country of residence before registering on the platform.
