WhiteBIT Review 2025: Is This Crypto Exchange Worth It?

Jose Aquino

Verified by Medb Kiely-Cuddy

Last updated

September 25, 2025 09:47 EDT

14min read

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WhiteBIT is one of the largest European crypto trading platforms globally. The exchange is known for its low trading fees, convenient fiat-to-crypto capabilities, and robust platform security.

This WhiteBIT review examines the exchange’s trading interface, fees, user experience, and other key features that set it apart from other top platforms. Let’s begin.

Pros

• Supports 300+ crypto assets and over 600 trading pairs
• Highly audited and secure platform
• Integrated crypto on-ramping and off-ramping
• Competitive cost structure with a 0.1% trading fee
• Crypto lending service available for passive income

Cons

• KYC verification is required for full access
• Not available in certain jurisdictions like the US, UK, and Canada

What is WhiteBIT?

Established in 2018, WhiteBIT is a leading cryptocurrency platform with robust digital asset exchange, spot and futures trading, and other crypto products. Despite a lack of support for US and UK residents, the Lithuania-headquartered platform surpassed 5 million users in October 2024, thanks to strategic partnerships and advancements in its offerings.

Looking closely at the centralized exchange’s user activity, WhiteBIT’s daily trading volume is approaching $11 billion. This reflects the platform’s deep liquidity and capacity to provide high-end trading services even during fast-paced market conditions.

Keeping to its mission of fortifying user security, WhiteBIT passed the highest PCI DSS (Payment Card Industry Data Security Standard) certification to foster client trust and confidence further. The platform institutionally operates under the EU’s legal framework, which has given WhiteBIt licenses in Spain, Lithuania, Poland, and other countries.

Through their diverse asset support, WhiteBIT’s crypto exchange offerings suit novice traders’ needs. Exceedingly, the platform also benefits crypto enthusiasts with its blockchain ecosystem. Whitechain, WhiteBIT’s EVM-compatible blockchain, offers Web3 products and services while enabling developers to build native decentralized applications (dApps).

What Cryptos Can You Trade on WhiteBIT?

WhiteBIT supports over 300 digital assets, including some of the best crypto to buy, such as Bitcoin (BTC) and Ethereum (ETH). The exchange also provides swaps and trading pairs on popular altcoins like Solana (SOL), Chainlink (LINK), and Avalanche (AVA).

Here’s a list of more altcoins that WhiteBIT offers:

• Cardano (ADA)
• Ripple (XRP)
• Aave (AAVE)
• Dogecoin (DOGE)
• Near Protocol (NEAR)

Other Assets Available on WhiteBIT

In this section of our WhiteBIT exchange review, we’ll discuss other assets traders can use on WhiteBIT.

Stablecoins

WhiteBIT relies on stablecoins for its spot, margin, and futures pairs for faster, more efficient crypto trades. The majority of crypto trading pairs on WhiteBIT utilize USDT and USDC.

All 7 stablecoins supported by WhiteBIT’s crypto converter are listed below:

• Tether USD (USDT)
• USD Coin (USDC)
• Dai (DAI)
• TrueUSD (TUSD)
• Tether Gold (XAUT)
• Euro Tether (EURT)
• UAHg (UAHG)

Fiat Currencies

A significant part of what makes WhiteBIT one of Europe’s best crypto exchanges is its deposit and withdrawal support for 9 fiat currencies.

Aside from being able to accept popular fiat assets like the USD, EUR, and GBP, WhiteBIT provides crypto on-ramp and off-ramp services for the Ukrainian Hryvnia (UAH), Turkish Lira (TRY), and 4 other native European currencies.

Here are all the fiat currencies that WhiteBIT features for swaps and trading:

• United States Dollar (USD)
• Euro (EUR)
• Great British Pound (GBP)
• Ukrainian Hryvnia (UAH)
• Turkish Lira (TRY)
• Polish Zloty (PLN)
• Bulgarian Lev (BGN)
• Czech Koruna (CZK)
• Kazakhstani Tenge (KZT)

WhiteBIT’s inclusion of these fiat currencies makes the platform more accessible to crypto traders across Europe and surrounding regions.

WhiteBIT Coin

WhiteBIT Coin (WBT) is the platform’s unique tokenized asset. It offers holders a multitude of benefits, making it one of the best utility tokens for exchange users.

One of WBT’s primary advantages is discounts, which are based on the total number of WBT tokens that a user owns (“Owning”) or how many WBT they store in their holding accounts (“Holding”).

Owning WBT tokens grants 10% to 100% maker fee and 5% to 80% taker fee discounts. WhiteBIT users need to have at least 400 WBT total on their balance to get the minimum discount for the trading fees.

Meanwhile, holding WBT tokens gives traders many benefits that vary depending on the amount held. The advantages include:

• Up to 100% maker fee discount
• Free daily withdrawals of ERC20/ETH
• Up to 7.74% funding discount
• Up to 2.36% crypto lending bonus
• Exclusive discount on margin funding

Users must have 10 WBT tokens in their holdings account to get the minimum benefits.

Additional Crypto Services

WhiteBIT goes beyond crypto exchange services, unlocking more opportunities to earn crypto passive income, invest in emerging blockchain projects, and borrow digital assets. In this section of our WhiteBIT review, we will explore these opportunities.

Crypto Lending

WhiteBIT’s crypto lending product is a convenient and simple way for users to earn passive income from their digital asset holdings. The tool allows users to save funds for a certain period and receive interest in cryptocurrencies, allowing investors to take advantage of compounded growth.

Over 40 digital assets are supported in crypto lending, including stablecoins like USDT and USDC and some of the best altcoins like XRP, TRX, and DOGE. Additionally, the longer the plan for crypto lending, the higher the interest rate the user receives.

For instance, lending USDT with the 30-day plan gives a 1.08% interest rate, while the 360-day plan’s interest rate is 18.64%. Popular crypto lending assets we discovered through our review of WhiteBIT include BTC, USDT, ETH, and USDC.

WhiteBIT Launchpad

Crypto enthusiasts looking for other blockchain investment options can use WhiteBIT Launchpad to discover new crypto projects. It’s a great way for users to find the best crypto presales involving projects they want to support and invest in before the new asset goes public.

This exclusive feature requires WhiteBIT users to hold at least 10 WBT tokens. With enough WBT on their holding accounts, users can go to the Launchpad to vote for the project they wish to support.

Once a project collects enough votes, it can be listed on the exchange, and those who voted are credited with the project’s newly released token.

Crypto Borrowing

Investors looking to access some liquidity while retaining ownership of their WhiteBIT crypto holdings can borrow digital assets directly on the platform. Up to a certain amount, users can keep the borrowed assets for an unlimited period.

Users must pledge crypto funds to access this feature to their Collateral Balance. The daily borrowing fee is calculated instantly. Some of the 20 cryptocurrencies users can borrow at WhiteBIT are shown below:

• BTC
• ETH
• USDT
• ADA
• DOGE

WhiteBIT Fees and Commissions

Across all aspects of the platform, WhiteBIT has a competitive fee structure for cost-effective crypto management.

Non-Trading Fees

WhiteBIT’s deposit and withdrawal fees vary depending on the asset and transfer method. The platform does not charge any fees for crypto deposits, but a flat amount is charged for every digital asset withdrawal.

Regarding fiat transfers, a 1.5% to 3.5% deposit and 0.1% to 3.5% withdrawal rates are charged, depending on the currency and payment method. Some fiat withdrawals, like the EUR through a SEPA transfer, have flat fees.

Here’s a table showing non-trading WhiteBIT fees.

Trading Fees

WhiteBIT’s trading fees are on par with the largest crypto exchanges by volume, reflecting the platform’s commitment to low-cost services for its users. Rates will never exceed 0.1% taker and 0.1% maker on spot trades and 0.035% taker and 0.01% maker for futures trading.

The table below compares WhiteBIT spot trading fees with top cryptocurrency exchanges.

Is WhiteBIT User-Friendly?

Given WhiteBIT’s extensive suite of crypto services, the platform keeps the overall layout intuitive and digestible for easy site navigation.

For beginners, however, the interface may be initially overwhelming and require some getting used to. However, this is a small price to pay, given the benefits that each offering provides.

More experienced traders used to feature-heavy crypto platforms would find the transition to using WhiteBIT more comfortable.

WhiteBIT Mobile App Experience

Users can enjoy crypto trading, lending, and all other WhiteBIT features through the platform’s mobile app. Available for Android and iOS devices, the WhiteBIT app carries positive reviews on both Google Play and the App Store.

The mobile platform receives regular updates from developers, ensuring bugs and other functionality issues are resolved over time.

Desktop Experience

Accessing WhiteBIT on the desktop would be the preferred method for traders who need to make fast, well-informed decisions. Displayed on a larger screen, the WhiteBIT desktop experience allows for a greater assessment of the technical indicators and charts that the interface provides.

Additionally, users can use multiple screens and the exchange’s multi-chart feature to trade and monitor various assets simultaneously.

Trading Tools and Resources

Now that we’ve explained the platform’s key features in this review, it’s time to review the tools and resources that affect the WhiteBIT trading experience.

Margin Trading

Margin trading on WhiteBIT unlocks crypto-leveraged positions for users. Specifically, traders can open 1x, 2x, 3x, 5x, and 10x leveraged trades. While margin trading strategies can provide larger and more efficient earnings, the risks also increase.

The list below shows popular margin trading pairs on the WhiteBIT platform:

• BTC/USDT
• ETH/USDT
• SOL/USDT
• DOGE/USDT
• UNI/USDT

Crypto Futures Trading

WhiteBIT’s crypto futures trading platform offers high risk and reward, giving traders access to up to 100x leverage. Users can trade crypto perpetuals, contracts that do not have an expiration date.

While the exchange offers the most leverage, 100x, WhiteBIT does not offer this for all its supported crypto assets. For instance, perpetual futures for PEPE, AAVE, and UNI have a maximum leverage of 50x, while BTC, ETH, and SOL perpetuals have 100x leverage.

Moreover, futures traders can take advantage of WhiteBIT’s USDTB, a unique bonus asset that helps cover futures positions on the exchange. It can be found on the Collateral Balance and can only be received as a deposit reward from WhiteBIT. Use cases for USDTB include:

• Positive Outcomes: For profitable trades, the realized profit is credited to the Collateral Balance in USDT.
• Negative Outcomes: In case of a losing trade, losses are covered by debiting bonus USDTB from the Collateral Balance.

Educational Resources

To guide new traders on the platform, WhiteBIT has its own blog site with articles on how to use trading features on the exchange. In addition to platform information, the WhiteBIT blog publishes the latest crypto news to keep users updated on market trends.

Written articles and FAQs aren’t the only guides that users can access. WhiteBIT utilizes video guides that help explain complex crypto topics and tools the platform provides. By the end of these resources, users gain actionable knowledge from which they can immediately benefit.

Advanced Tools

TradingView, the leading provider of technical indicators and charts for thousands of assets, powers WhiteBIT’s trading interface. Users can customize their crypto trading charts to display the proper trading instruments to fit their strategies.

For example, Bitcoin traders looking for price momentum plays can easily set up the relative strength index (RSI), moving average convergence/divergence (MACD), and simple moving average (MA) technical indicators to find optimal trading plays.

Trading Competitions

WhiteBIT’s trading competitions offer traders an interactive way to sharpen and showcase their skills. These events are open to participants of all experience levels and gamify crypto trading through rewarding challenges.

Typically, the competitions focus on specific trading pairs or a combination of digital assets, enabling users to apply and refine their strategies. Prize pools feature crypto rewards and other benefits allocated to top-ranking participants based on their leaderboard standings.

A real-time leaderboard makes these contests more exciting and competitive, allowing users to monitor their standings in relation to other participants. Rewards are deposited into the winners’ main balances within five days after the competition ends.

WhiteBIT Customer Support

WhiteBIT employs multiple support avenues, including 24/7 live chat, email, phone, and even WhatsApp assistance. Moreover, it caters to many nationalities thanks to Ukrainian, Spanish, and English language support.

The platform is one of the few exchanges that offer voice support, allowing users to easily consult with experts via phone and receive prompt assistance with their concerns.

WhiteBIT currently holds a total 3/5 rating on Trustpilot. However, when compared to industry giants like Binance and Coinbase, WhiteBIT’s Trustpilot rating is actually higher. In particular, WhiteBIT has a larger proportion of 5-star reviews than its larger competitors.

How to Get Started with WhiteBIT

WhiteBIT has honed in on the registration process, making the onboarding process smooth and hassle-free. Follow these steps to begin trading on the popular crypto platform.

Step 1: Create a WhiteBIT Account

Head to the WhiteBIT website and click the ‘Sign Up’ button. Users can create an account by entering their email address and a password or complete the registration by connecting Google or Apple ID accounts.

Step 2: Complete Verification

WhiteBIT users must complete a 5-minute KYC (Know Your Customer) process to trade and manage cryptocurrencies. To do so, open the verification page, which requires entering your country of residence, a valid government ID, and completing face verification.

Step 3: Deposit Crypto

With your WhiteBIT account fully verified, you can fund your account through fiat or crypto assets. Click ‘Deposit’ and choose a fiat, crypto, or stablecoin to deposit. Select one of the payment methods, enter the amount, and follow the remaining instructions for the deposit to push through.

Step 4: Open a Position

On the ‘Trade’ dropdown, choose among spot, margin, or futures trading methods and search through hundreds of crypto pairs to open a position with. Make sure that you have the correct cryptocurrency for the pair. Otherwise, you can effortlessly exchange the asset through WhiteBIt’s conversion feature.

Conclusion

The range of crypto products and services provided by the leading European crypto platform extends beyond the scope of this WhiteBIT review. With diverse asset support for fiat and crypto, competitive fees, and a high-security framework, WhiteBIT’s core exchange features offer benefits for both beginner and advanced traders.

Join over 5 million traders on WhiteBIT and benefit from over 600 trading pairs, 300 supported assets, and seamless crypto conversions.

Our Methodology

Our methodology for this WhiteBIT review is based on practical and data-driven research. We take a holistic approach when discussing each platform feature, ensuring we examine both quantitative and qualitative aspects.

Given this, we aim to provide crypto investors with unbiased views, allowing them to make well-informed decisions about choosing the right platform for their needs.

FAQs

References

• WhiteBIT Surpasses 5 Million Users, Strengthening Its Leadership in Europe’s Crypto Market (Finance Magnates)
• WhiteBIT Centralized Exchange Volume (CoinGecko)
• WhiteBIT Achieves the Highest Level of PCI DSS Certification for Payment Data Security (GlobalNewswire)
• TrustPilot WhiteBIT Review (TrustPilot)
• Top Crypto Exchanges Ranked by Security (CER.live)

Jose Aquino

With over three years of experience in finance and the crypto sectors, Jose uses his knowledge and expertise to breakdown complex topics into bitesize content for both beginners and experts.

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