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WhiteBIT Review

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Average

Revainrating 4 out of 5  
Rating 
3.9
Crypto Exchanges

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Description of WhiteBIT

What Is WhiteBIT? Launched in Nov 2018, WhiteBIT is a European centralized exchange that offers crypto-to-crypto and crypto-to-fiat transactions with 0.1% trading fees. With European Exchange and Custody licenses, WhiteBIT meets KYC and AML requirements claims to have 4 000 000+ users from the EU, South America, and Asia registered on the platform. WhiteBIT offers instant transactions with P2P codes, possibility of staking, private and public API & a number of trading tools: limit, market, stop limit, stop market, multi-limit and OCO orders. Quick deposits and withdrawals are carried out with...

Reviews

Global ratings 41
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    11
  • 4
    20
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    9
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Type of review

Revainrating 4 out of 5

Exchange with AMA rewards

I have an experience with Whitebit exchange where you can trade a lot of interesting trading pairs (sometimes listed only on Whitebit). There is a good liquidity so I have no problem to trade all what I own (sometimes small caps). It is definitely not a mainstream exchange so keep in mind there can be some issues (some trading pairs with low liquidity). The user base is probably average. They are offering yield generating product, if only they could have them more. The fees for trading are…

Pros
  • lot of trading pairs
  • free tokens in AMA
  • yield generating products
  • reasonable fees
Cons
  • not mainstream, some issues

Revainrating 4 out of 5

A nice exchange

WhiteBit is an Estonia based exchange that was launched in 2019 and since then have developed a large community of traders who enjoy trading many cryptocurrency and flat currency pairs. It supports Euro, USD, RUB and UAH.They are also enjoy very high daily volume. Already the exchange is available in most European countries and Asia. Whiteit exchange is a leading exchange that has maintained a good trading environment with necessary tools and provide many order types. The platform is easy to

Pros
  • The exchange charges a competitive flat fee
  • It accepts cryptocurrency, bank wire and credit card for deposit
  • It maintain strong security by using KYC for both deposit and withdrawal and also uses two factor authentication.
  • The platform is stacked with many tools that supports trading for beginners and professional
  • Daily high trading volume
  • Offers many cryptocurrency pairs and some flat Currencies for trading
  • Offers many order types.
  • The exchange support system is available in many languages
Cons
  • Like other exchanges, transaction that involves Bitcoin are highly charged to the detriment of Traders

Revainrating 4 out of 5

A very easy to use app

The WhiteBIT app is super easy to use There is a desktop version, a website, and a mobile app with all the exchange features present and trading graphics adapted for the mobile screen. It has no bugs or errors, it works very properly. All the categories of the website are where they should be, the menu is very comfortable and intuitive. The site is in several languages, and the support or customer service is quite fast. I have never had to wait in the chat for more than 15 minutes, however…

Pros
  • page in many languages high trading volume clear and understandable interface
Cons
  • Customer service could be faster, but 15 min is an acceptable time given the number of users of the exchange.

Revainrating 5 out of 5

good to margin trading

If we talk about margin trading, it is an opportunity to make quick money by increasing leverage. At WhiteBIT, the maximum leverage is 20x, which means that you can boost your profit 20 times with this type of trading. When trading on margin, you have the lowest commissions in the international cryptocurrency market! Apart from spot trading orders, it also has OCO, one cancels another which is quite attractive. The trading pairs are sufficient, we are talking about about 30 pairs and this…

Pros
  • many margin trading pairs OCO order leverage up to 20x lower commissions
Cons
  • commissions was 0,098% per day, now they are lower and better (0,078% per day)

Revainrating 5 out of 5

Like it cause it is balanced and can be understood

I have been trading on this exchange for some time. And I see that they are constantly improving security. The cool thing is that you can set an auto-logout time for your account, because I have a profile in both the desktop and mobile versions, and I feel more comfortable when I know that auto-logout on my laptop will happen 30 minutes after no activity. Communication with the support team has become much faster. And now they have added phone support. However, I haven't used this opportunity…

Pros
  • fast response from the support team understandable interest - everything by sections the use of borrowed funds - 0.078% per day. only a few exchanges on the market provide such commissions the opportunity to use the deposit of funds
Cons
  • if the deposit plan is terminated before the end of the term, the accrued interest is minus. but the exchange warns about this for a long time, the commission for using borrowed funds was 0.098 per day, which is also competitive, but not top

Revainrating 5 out of 5

My best trading experience I have ever had

WhiteBIT is one of the best exchanges I've ever traded on. The platform supports both cryptocurrency input/output and fiat funds. It is very important for me that most assets can be deposited into an account without any commission. You need to pay a commission only when using particular services. Different payment systems charge different commissions, ranging from 1% to 10%. To buy bitcoin or altcoin, just select the desired cryptocurrency and network, specify the address, amount, and click on…

Pros
  • Different methods of depositing and withdrawing funds are available
  • Opportunity to top up your account with no fee
  • The tool Codes
  • Two trading interfaces
Cons
  • When working with some payment systems, the fee can reach up to 10%

Revainrating 5 out of 5

WhiteBit is a licensed cryptocurrency exchange

WhiteBit is a licensed cryptocurrency exchange launched in 2018 in Estonia. Although the project is rather young, it is already in the TOP-100 sites for trading volumes. I checked the information on Coinmarketcap and found out, the daily trading volume is more than 20,000 BTC or $950 million. When choosing a platform to work on, I, first of all, pay attention to liquidity since, in my opinion, it has a crucial influence on the quality of trading. Moreover, it is essential when it comes to…

Pros
  • HongKong License
  • The daily trade volume is almost $1 billion.
  • High processing speed
  • Convenient interface and quick transfers between accounts
  • Passive income up to 28% per annum
Cons
  • An optional KYC, still, it does not make sense to operate without it.

Revainrating 5 out of 5

Crucial Points for me to choose an Exchange to Trade

Personally for me, the critical requirement when choosing an exchange was an official license in an adequate jurisdiction, yes I really pay attention to this stuff. And I dare say WhiteBit is one of the few sites that has decided to work openly and transparently. Seems like the crypto community appreciates this exchange - I can see it is listed on CoinMarketCap and CoinGecko. The exchange operates under Estonia jurisdiction. That's completely obvious since Estonia is one of the most…

Pros
  • Work within the legal framework and under European licenses High security and white wallet support function Vast possibilities of interface personalization High throughput API compatibility Low fees The best tech support in the market
Cons
  • I found none

Revainrating 3 out of 5

WhiteBit exchange with multiple pairs

WhiteBIT is a cryptocurrency exchange that can buy and sell more than 60 currency pairs, including Bitcoin, Ethereum, ButcoinCash, Ethereum Classic, and Litecoin. This change ensures the safety, liquidity and rhythm of customer transactions. On their platform, you can see beautiful images and unparalleled quality, as well as a clean user interface. They provide 25 hours of technical support every day, so any inconvenience can be quickly resolved through customer support. They have a garage. In…

Pros
  • User friendly interface
  • Great security features
  • Active customer support
  • Multiple languages enabled
Cons
  • None for now

Whitebit exchange came with all form of advantageous use. This exchange is a regulated exchange which comes from Estonia. The exchange is very safe and uses a two factor authentication to prevent hackers from entering it users account. Also, the exchange has a very cheap fee, and very fast. During the time I was using the exchange it came with a mobile app which has fine design and was very responsive, the transaction process never delay me for ones. The customer care are very helpful and…

Pros
  • Highly liquid
  • Affordable fees
  • Reliable and very fast
  • Easy usage
Cons
  • None

Whitebit Exchange is an Estonia digital currency exchange that has its servers and users across Europe. It's provide a trading platform involved in transaction of Bitcoin, Ethereum, Dogecoin, Litecoins, OX protocol and a host of others, they are not up to hundred but it's still very reasonable and again the exchange also included fiat currency which was also match as a trading pair to many other digital currency. It's not a global exchange and so there are some limitations to traders who can…

Pros
  • It allows withdrawal of up to 2BTC for accounts without KYC
  • It supports over 60 digital currency
  • The trading fee is low and competitive
Cons
  • U.S traders and traders from other regions are restricted from trading

Revainrating 5 out of 5

"White” seem to be for Clear and Safe

WhiteBIT is a centralized crypto-to-fiat exchange platform proud of its safety and transparency, which, honestly speaking, is an easy fact to believe. It’s impressive how much effort they put into making their safety a real thing. If talking about it in detail, the 2FA, WAF, KYC, Anti-Phishing software are among the things one needs to mention. Of course, the more applications one uses to ensure good protection, the higher the possibility to lose access to keys or face difficulties when going…

Pros
  • Advanced security system Presence of optional possibilities of profiting other than traditional trading Impressive variety of trading tools Helpful support team Low fee (0.1%) The existence of demo tokens makes trading easier for newcomers.
Cons
  • The web interface might be seen as too sophisticated by new traders

Revainrating 4 out of 5

WHITE IT CRYPTOCURRENCY EXCHANGE PLATFORM

White Bit is a inventory change company that promotes the suitable shopping for and promoting results via way of means of speedy acquiring sales from public offerings. Buyers can take part and win, or at the least examine extra approximately the network. In a marketplace with a sophisticated platform, you aren't afraid to apply all of the essential functions, together with shopping for and promoting, list and bidding, due to the fact those 3 middle values ​​constitute a whole network. It is…

Pros
  • The platform has an excellent functioning however the organization need to enhance the content material approximately protection guidelines due to the fact that they're defined quickly withinside the web page.
  • It has brilliant blessings for buying and selling due to the fact that deposits and withdrawals may be carried out on fiat money. There exist a excessive reputation of not unusual place currencies.
  • It gives its very own token for executing a few buying and selling practices. It may be an excellent gain for the ones new customers becoming a member of the platform. It has now no longer a actual industrial price, however it represents internal transactions.
  • It offers customers with correct entries for promotions in which their not unusual place profits now no longer related to buying and selling.
  • Many main markets and virtual agencies are companions of the platform and that they identified as overdue it, dependable and truthful provider for buying and selling.
Cons
  • It faces common court cases due to the immoderate promotions to be had simply there rather than effects for internal buying and selling.

Revainrating 3 out of 5

Whitebit with great security features .

Whitebit trade is a centralized trade primarily based totally and certified in Estonia. It changed into released in 2019. It has a superb liquidity and there are such a lot of buying and selling pairs. It accepts cord switch in addition to credit score card as manner of deposit.  It has superb protection functions, for instance greater than ninety percentage of customers fund are in bloodless wallet, it additionally has WAF that's net software firewall which mechanically detects hackers and

Pros
  • It has great security features
  • Great customer support 24/7
  • It easy to use
Cons
  • It operates as centralized exchange system

Hello everybody ! I will expound on White Piece. White Piece is an exchange advantage that propels extraordinary outcomes for trading through a concise advantage segment for an open-source headway where sellers can take an interest and win or, at smallest, advanced to discover a greater amount of the coordinate. It is open inside the business place with a standard stage that doesn't end being useful for all tasks required checking the trading, posting and marking as the three significant…

Pros
  • resources are put away on chilly wallets.
  • stage is agreeable
  • Managed fiat
  • Every day high exchanging volume
  • security is solid
Cons
  • clients have had an issue signing in.
  • concentrated trade

Revainrating 3 out of 5

How secure is the WhiteBIT exchange?

I know a little bit about this stage, there are a lot of things you can get, such as IEO rounds, a great trading stage, plus you can get exchange alternatives, you can even get a time-buying system, and so on. the thing is, they are trying to give you a quick and reliable step forward due to the exchange, there is a chance to change the UI that can simplify your inspiration. White trading is the main trade that maintains a good exchange climate with important tools and provides many types of…

Pros
  • Accepts cryptocurrency, bank wire and credit card for deposit
  • Must be checked for transaction
  • The market has a decent and high volume.
Cons
  • He doesn’t build a good society.
  • As with other exchanges, transactions involving Bitcoin are hurting traders.

Revainrating 2 out of 5

They only offer more productive produce.

White Bit is a trading administration that has made great strides in short-term exchange for open source development where brokers can participate and buy, or in any case gain more from the organization. In the mall, it is available with a standard step that does not cease to be productive for all activities such as exchange, placement and appointment as the three most important characteristics that characterize the entire organization. Satisfactorily guaranteed to ensure your benefits…

Pros
  • is a leading exchange that provides order types.
Cons
  • The language is sparse.

I know a smidgen about this stage, there are a huge load of things you can get, for instance, IEO stages, extraordinary trade stage, moreover you can get edge exchanging alternatives, even you can get moment purchase structure, and so on Most huge thing is that they are endeavoring to give a fast and secure stage for the exchange reason, there is an option of tweaking UI which could simplify for your inspiration. I trust it's adequate ensured going to guarantee your advantages. WhiteBIT is…

Pros
  • The stage is really agreeable and valuable.
  • It's anything but a fair and high volume on the lookout.
  • All resources are put away on chilly wallets.
  • Orders are executed in a brief moment.
  • Costs are cutthroat.
Cons
  • It doesn't set up a fair local area.
  • Clients need to pass KYC check.

Hi everyone ! I am going to write about White Bit. White Bit is an trade benefit that advances great results for exchanging through a brief benefit section for an open-source advancement where dealers can take an interest and win or, at slightest, progressed to find more of the organize. It is accessible within the commercial center with a standard stage that does not halt being productive for all errands required counting the exchanging, posting and staking as the three major values including…

Pros
  • assets are are stored on cold wallets.
  • platform is comfortable
  • Regulated fiat
  • Daily high trading volume
  • security is very strong
Cons
  • users have had a problem logging in.
  • centralized exchange

Revainrating 3 out of 5

A user-friendly project.

WhiteBit is a great trading platform for customers to be able to trade different monetary values, to transfer monetary values ​​to different records and steps, as customers can move computerized sources directly from one step to the next. Digital types of money and the ability to sell it, among the monetary standards recognized by the scene, include Bitcoin, Litecoin, Ethereum, Dash, Bitcoin Cash and many other different monetary standards. In order to avoid the excessive issues that…

Pros
  • It charges a fee in one market.
  • It can operate up to 1,000 in a short time.
  • Perfect security.
  • The exchange support system is available in many languages.
Cons
  • Occasionally there is an error logging in.