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WhiteBIT: RestrictedDetails
WhiteBIT Review
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In our view, WhiteBIT suits active traders who want 0.1% spot fees, 338 crypto assets and futures with up to 100x leverage in one account. We rate it lower for beginners than for its range of functions. US readers can look at Coinbase or Kraken instead.
Overview
Quick Facts
WhiteBIT is a crypto exchange founded in 2018 and part of W Group. Its crypto services on whitebit.com run through Peak Horizon Corp. in Panama, and it lists 338 crypto assets for spot trading, along with margin and futures trading.
Informations
Pro's & Con's
- Flat spot fees of 0.1% for makers and takers at the entry tier
- 338 crypto assets with an active spot market
- Futures with up to 100x leverage, plus perpetual futures on stocks, ETFs, metals and oil
- 96% of assets in cold wallets, according to WhiteBIT, and an insurance fund for cold storage
- Not open to residents of the US, the United Kingdom or Canada
- No new accounts for EU and EEA residents on whitebit.com
- No proof of reserves that we could find
WhiteBIT
Features
Feature Overview
Unique Features
- Spot, margin (up to 10x) and futures (up to 100x), including TradFi futures
- Anti-phishing security feature
- Cryptocurrency Price Tracking Widget for MacOS and Apple Watch
Tradable Assets
- Cryptocurrencies
Trading Options
- Derivatives
- Margin trading (leverage)
- Short/Long
Our
WhiteBIT
Review
Our Rating
Customer Reviews
/ 5 average rating from 0 reviews
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We rate operation level with fees and security and below WhiteBIT's range of functions. The WhiteBIT Android app is rated 4.3 from 22.9K reviews on Google Play, with more than 1M downloads, and the iOS app 4.77 from 4,254 ratings on the Ukrainian App Store. Next to the full trading view, the mobile app offers a Lite mode, a simpler interface that WhiteBIT sets as the default for new accounts; the website has no Lite mode. The interface comes in English, Ukrainian, Spanish, Russian, Chinese and Portuguese, but not in German. In our view, the number of products in one account takes some time to learn.
Functions and offer are the criterion we rate highest for WhiteBIT. One account covers spot trading in 338 crypto assets, margin with up to 10x leverage, USDT-margined futures with up to 100x and 93 perpetual futures on stocks, ETFs, metals and oil. Trading bots for grid and DCA strategies, WhiteMind, an AI chat that suggests futures trading strategies, TradingView charts and an API add to it, as do Crypto Lending with flexible and fixed plans, Auto-Invest and Crypto Bundles, ready-made baskets of several crypto assets. Fiat deposits and withdrawals work in several currencies, including the dollar through BCB BLINC, cards and SWIFT. WhiteBIT offers no staking, no NFT marketplace and no leveraged tokens.
We rate WhiteBIT lower for beginner friendliness than for every other criterion except support. You need identity verification with an ID document and a selfie before any deposit or withdrawal; without it, you can only try demo tokens. Fiat deposits and withdrawals require the Advanced level, with a financial questionnaire and proof of address. Card purchases through Buy Crypto cost 1.5% to 3.5% depending on where your bank is, far more than a spot order. On the plus side, the mobile app opens new accounts in the simpler Lite mode, which WhiteBIT built for people who are just starting out. In our view, futures with up to 100x leverage and several fee schedules assume experience. For a simpler start, we rate Coinbase and Bitpanda higher for beginners.
We rate fees level with operation and security, and in our view the spot fees are WhiteBIT's strongest cost point. At VIP 0, spot trading costs 0.1% for makers and takers, futures 0.01% maker and 0.055% taker, and borrowed funds 0.0585% a day. Higher VIP levels lower the spot fees, to 0.06% maker and 0.095% taker at VIP 1. Crypto deposits are free for almost all assets, and dollar and euro deposits through BCB BLINC are free as well. The costs to watch are card purchases at 1.5% or 3.5% and the bitcoin withdrawal fee of 0.00009 BTC at our last check, which WhiteBIT can change without notice.
We rate security and trust level with operation and fees. In WhiteBIT's favor are 96% of assets in cold wallets, an insurance fund that covers cold storage under a plan of 30 million US dollars, two-factor authentication and passkeys, an ISO 27001 certification, a PCI DSS audit in progress, a security audit by Hacken and a bug bounty, all as WhiteBIT reports them. On regulation, WhiteBIT's EU company holds a MiCA authorization from Austria's FMA, and WB Technologies AG, which handles fiat money, is supervised in Switzerland by the self-regulatory organization VQF. In our view, the two gaps we describe in the security sections above keep this rating from going higher.
Support is the criterion we rate lowest for WhiteBIT. You can reach the support team by email, by online chat on the website and in the app, through tickets and on WhatsApp, and WhiteBIT says the team is available 24/7. It helps with how the exchange works and gives no trading advice. Its help center publishes detailed articles on verification, fees and restricted countries, which this review draws on. Priority support and a dedicated account manager are part of WhiteBIT's VIP program, which you reach through your balance, Crypto Lending or trading volume, so in our view a regular customer gets less personal help than a high-volume trader.
In our view, WhiteBIT is a capable exchange for active traders who live where it accepts new customers. Its strengths are flat 0.1% spot fees, 338 crypto assets and a futures offer that reaches from crypto to stocks, metals and oil. Its weaknesses are a support offer that we rate lowest among its criteria and, in our view, a range of products and fee schedules that assumes trading experience, which makes it a weaker pick for a first purchase. Before you deposit, read the security section of this review. For a simpler start, see our Coinbase review; if you are weighing WhiteBIT against Binance, read our WhiteBIT vs Binance comparison.
About
WhiteBIT
WhiteBIT
WhiteBIT Review: Fees, Futures, Regulation and Who It Suits
Since July 21, 2026, WhiteBIT no longer accepts new accounts from residents of the EU and the EEA on whitebit.com. Existing accounts remain functional during a transition period. After this phase, WhiteBIT intends to migrate these accounts to whitebit.eu, a separate platform designed to serve the EEA, excluding Malta, after its launch.
Our verdict: in our view, WhiteBIT suits active traders who want low, flat spot fees, futures with high leverage and a large coin list in one account. We rate it a weaker fit for first-time buyers.
WhiteBIT suits you if:
- you want flat spot fees: 0.1% for makers and takers at the entry tier.
- you trade futures: USDT-margined contracts with up to 100x leverage, along with perpetual futures on stocks, ETFs, metals, and oil.
- you want a large coin selection: 338 crypto assets with an active spot market, according to our count.
For a first purchase, we rate Coinbase and Bitpanda higher for beginners. If you live in the US, start with our list of exchanges for US customers.
| Crypto Exchange | Cryptos | Trading Fee | Withdrawal Fee | For US Users? | EF Score |
|---|---|---|---|---|---|
 WEEX | 1173 | 0.1 % | ₿ 0.00016 | No |  9.8 /10 |
 MEXC | 1262 | 0.05 % | ₿ 0.00002 | No | 9.6 /10 |
 Binance | 416 | 0.1 % | VariesBinance sets this fee itself and adjusts it to activity on the Bitcoin network. On 2026-10-03 it charged 0.00002 BTC for a Bitcoin network withdrawal, about $1.69 at Binance's BTC/USDT price. | No | 9.4 /10 |
 OKX | 304 | 0.35OKX US entry tier (OKX INC.) for US residents. The global and EEA entry tier is 0.08% maker and 0.10% taker. % | VariesOKX charges the Bitcoin network fee it shows on its withdrawal page, and the amount changes with network load. On 2026-10-05 it showed 0.000015 BTC, about $1.29 at the OKX BTC index price. | Yes | 9.3 /10 |
 Bitpanda | 568 | 0.99 % | VariesBitpanda adjusts this fee to congestion on the Bitcoin network and says it earns nothing from it. On 2026-10-03 it showed 0.00000598 BTC, about $0.51 at Bitpanda's BTC price. | No | 9.2 /10 |
 KuCoin | 837 | 0.1 % | ₿ 0.00009 | No | 8.9 /10 |
 Bitvavo | 426 | 0.25 % | VariesBitvavo sets this fee itself and changes it with blockchain capacity. On 2026-10-03 it charged 0.000017 BTC, about $1.44 at Bitvavo's BTC/USDC price. | No | 8.8 /10 |
 eToro | 150 | 1 % | VariesMoving BTC from your eToro investment account to the eToro crypto wallet costs 2% of the amount (at least $1, at most $100). Sending it from the wallet to an external address then costs only the Bitcoin network fee. | Yes | 8.8 /10 |
 Kraken | 629 | 0.8 % | VariesKraken may adjust this fee as its costs and market conditions change. On 2026-10-03 its fee page showed 0.000015 BTC for a Bitcoin withdrawal when viewed from the US. | Yes | 8.8 /10 |
 Pionex | 311 | 0.05 % | ₿ 0.000018 | No | 8.5 /10 |
 Bybit | 393 | 0.1 % | VariesBybit sets this fee itself and changes it often. Between 2026-10-02 and 2026-10-05 it showed 0.000035 to 0.000068 BTC for a Bitcoin network withdrawal. | No | 8.5 /10 |
 Coinbase | 407 | 0.9Coinbase Advanced spot entry tier for US residents. In the EU and UK the entry tier is 0.25% maker and 0.50% taker; in Brazil, India and other international markets it is 0.09% maker and 0.10% taker. % | VariesCoinbase sets this fee from its own estimate. Estimated Bitcoin network cost on 2026-10-03: about $0.36 (range $0.12 to $0.83 over the previous 24 hours, mempool.space). | Yes | 8.3 /10 |
 BSDEX | 10 | 0.35 % | ₿ 0 | No | 8.2 /10 |
 Bitfinex | 68 | 0 % | ₿ 0.00006 | No | 8.1 /10 |
 Bitstamp | 114 | 0.4 % | VariesBitstamp charges its own estimate of the Bitcoin network fee plus a processing fee it does not publish, and shows the total before you confirm. Estimated network cost on 2026-10-03: about $0.36 (range $0.12 to $0.83 over the previous 24 hours, mempool.space); the processing fee comes on top. | Yes | 8.1 /10 |
 Bitget | 511 | 0.1 % | ₿ 0.00002 | No | 8 /10 |
 justTRADE | 73 | 0.125justTRADE charges no maker or taker fees. You pay a 0.125% commission per crypto order plus a spread of at least 0.175% in the price. % | Not possiblejustTRADE does not allow transfers of crypto into or out of your account. | No | 8 /10 |
 Crypto.com | 416 | 0.5 % | VariesCrypto.com Exchange quotes 0.0004 BTC for a Bitcoin withdrawal, about $33.82 at its BTC price on 2026-10-03. The quote is based on an estimate of network fees, so the final fee may differ. | Yes | 8 /10 |
 Trade Republic | 50 | 0Trade Republic charges no commission on crypto trades. You pay a €1 settlement fee per trade, plus a spread in the price. % | VariesTrade Republic charges no fee to send crypto; you pay only the Bitcoin network fee. Estimated network cost on 2026-10-03: about $0.36 (range $0.12 to $0.83 over the previous 24 hours, mempool.space). | No | 7.9 /10 |
 Phemex | 139 | 0.1 % | ₿ 0.000015 | No | 7.8 /10 |
 Scalable Capital | 32 | 1% % | ₿ 0.99% - 0.69% | No | 7.8 /10 |
 CEX.IO | 272 | 0.25 % | VariesCEX.IO lists this fee as floating and sets the amount itself. On 2026-10-03 it listed 0.000075 BTC, about $6.35 at CEX.IO's BTC price. | Yes | 7.5 /10 |
 Relai | 1 | 1Relai charges a 1.00% service fee on transactions of €50 to €99,999.99, plus its own margin in the price. % | No feeRelai's wallet is non-custodial, so the bitcoin you buy is held in your own wallet. Relai covers the Bitcoin network fee when you buy; when you sell, the network fee is included in the price shown. | No | 7.5 /10 |
 Plus500 | 24 | 0Plus500 offers crypto as CFDs in the EEA. It charges no fee to open or close a trade and is paid mainly through the spread built into its quoted price. % | Not possiblePlus500 offers crypto as CFDs, so there are no coins to withdraw. | No | 7.5 /10 |
WhiteBIT | 338 | 0.1 % | VariesWhiteBIT bases this fee on blockchain fees and the price of bitcoin, and it can change the fee without notice. On 2026-10-08 it listed 0.00009 BTC for a withdrawal on the Bitcoin network, about $7.48 at WhiteBIT's BTC price. | No | 7.4 /10 |
 Gate.io | 1464 | 0.1 % | VariesGate adjusts its withdrawal fees every hour based on network conditions. On 2026-10-04 its fee page showed 0.00003 BTC for a Bitcoin withdrawal, about $2.57 at Gate's BTC price. | No | 7.2 /10 |
 BitFlyer | 9 | 0.1bitFlyer USA entry tier for Lightning Spot; bitFlyer Europe also charges 0.10%. On bitFlyer USA, the Buy/Sell service has no separate fee, but its prices include a fee of 0.1% to 6.0%, and more when prices move sharply. % | ₿ 0.0004 | Yes | 7.1 /10 |
 Hotcoin | 285 | 0.2 % | ₿ 0.00003 | No | 7.1 /10 |
 bitcoin.de | 8 | 0.5 % | ₿ 0.000079 | No | 7 /10 |
 Gemini | 80 | 1.2 % | VariesGemini charges a dynamic fee meant to cover the Bitcoin network fee. Estimated network cost on 2026-10-03: about $0.36 (range $0.12 to $0.83 over the previous 24 hours, mempool.space). | Yes | 6.5 /10 |
 LBank | 885 | 0.1 % | ₿ 0.00005 | No | 6.3 /10 |
 Libertex | 102 | 0.1Libertex offers crypto only as CFDs. It charges a 0.1% commission on crypto CFDs, and the spread varies with the market. % | Not possibleLibertex offers crypto only as CFDs, so there are no coins to withdraw. | No | 6.1 /10 |
 Upbit | 360 | 0.05 % | ₿ 0.0002 | No | 6 /10 |
WhiteBIT at a glance
- Operator: Peak Horizon Corp., a company in the Republic of Panama, manages all crypto services on whitebit.com. WB Technologies AG in Zug, Switzerland, is responsible for fiat payments.
- Founded: 2018, part of W Group
- Status: restricted, see "Who can use WhiteBIT" below
- Spot fees, entry tier: 0.1% maker and 0.1% taker
- Futures fees, entry tier: 0.01% maker and 0.055% taker
- Crypto assets: 338 with an active spot market, counted from WhiteBIT's public API without its demo token
- BTC withdrawal fee: varies. WhiteBIT sets it from blockchain fees and can change it without notice. Its fee page listed 0.00009 BTC, about $7.48 at WhiteBIT's BTC price, at our last check
- Licenses: a MiCA authorization from Austria's FMA for the EU company WB-Shields Innovations GmbH (WhiteBIT EU). WhiteBIT's terms name none for the operator of whitebit.com
Who can use WhiteBIT
WhiteBIT's terms do not accept citizens or residents of the United States, and its identity checks reject documents from US territories such as Puerto Rico and Guam as well as from the United Kingdom and Canada. The WhiteBIT app is not listed in the US App Store. If you live in the US, see our list of exchanges for US customers and the alternatives below.
In the EU and the EEA, WhiteBIT stopped registering new accounts on whitebit.com on July 21, 2026, citing compliance with MiCA. Existing accounts there keep working during a transition period, after which WhiteBIT plans to migrate them. Its EU company, WB-Shields Innovations GmbH, received a MiCA authorization from Austria's FMA in June 2026 with a passport for 28 further EEA states, all except Malta, but whitebit.eu only shows a "Coming Soon" page.
Swiss residents can register but get no access to margin trading, futures trading or Crypto Lending. Residents of Ukraine can register, except in the temporarily occupied territories of Ukraine.
What WhiteBIT offers
WhiteBIT provides spot trading, margin trading with up to 10x leverage, and USDT-margined futures up to 100x. It lists 302 crypto futures markets and 93 perpetual futures on stocks, ETFs, metals, and oil, called TradFi futures. The platform includes trading bots for grid and DCA strategies, TradingView charts, an API, and WhiteMind, an AI chat that suggests futures trading strategies.
To earn on idle balances, WhiteBIT offers Crypto Lending with flexible and fixed plans, next to Auto-Invest for planned purchases, Crypto Bundles and a Launchpad. It offers no staking and no NFT marketplace. Its own token is WhiteBIT Coin (WBT).
Users can fund their accounts with crypto or by depositing fiat in eight currencies, including the dollar, euro, and pound, via bank transfer, Visa and Mastercard, Apple Pay, and Google Pay. Dollar transfers also use SWIFT. WhiteBIT offers the Nova USD card, a Visa debit card issued with JSC Hash Bank, as an alternative to its euro card, suspended since mid-2026 until the launch of whitebit.eu.
What WhiteBIT costs: a worked example
Consider depositing USDT, buying bitcoin on the spot order book, and later transferring it to your wallet. At the entry tier, VIP 0, WhiteBIT charges:
- Trading fee: 0.1% for a maker or taker order, equating to one dollar for every thousand dollars traded.
- Crypto deposit: free for BTC and nearly all other assets.
- Bitcoin withdrawal: 0.00009 BTC on the Bitcoin network at our last check, approximately $7.48 at WhiteBIT's BTC price, with a minimum withdrawal of 0.0003 BTC.
- Higher VIP levels, accessible through your balance, Crypto Lending, or trading volume, reduce spot fees, for example to 0.06% maker and 0.095% taker at VIP 1.
If you opt for card purchases, WhiteBIT's Buy Crypto service charges 1.5% for cards from EU banks and 3.5% for banks outside the EU and for commercial cards. Futures fees are 0.01% maker and 0.055% taker, with borrowed funds for margin costing 0.0585% daily.
In our view, these are low trading fees, and the costs to watch are card purchases and the bitcoin withdrawal fee, which weighs more on small withdrawals. Our fee comparison table sets WhiteBIT's spot fees next to those of other exchanges.
Security and regulation
WhiteBIT states it keeps 96% of assets in cold wallets, with an insurance fund, derived from transaction fees, covering cold storage assets under a plan of 30 million US dollars. It does not name an insurer, and the fund is not deposit insurance.
For account security, WhiteBIT offers two-factor authentication and passkeys. It reports an ISO 27001 certification, a PCI DSS audit in progress and a security audit by Hacken, and its bug bounty lists rewards of up to $10,000 for the most severe standard findings, with a separate tier of up to $1,000,000.
On regulation, the EU company holds the MiCA authorization from Austria's FMA, and WB Technologies AG, which handles fiat money, is supervised in Switzerland by the self-regulatory organization VQF. For Peak Horizon Corp. in Panama, which runs the crypto services on whitebit.com, WhiteBIT's terms name no license. In our view, that leaves customers of the global platform without a named supervisor.
Proof of reserves
We could not find a proof of reserves from WhiteBIT on its website or in its help center. In our view, the missing proof of reserves is the main gap in WhiteBIT's security record.
Who should not use WhiteBIT
- First-time buyers seeking a straightforward initial purchase.
- Savers looking for staking rewards, not available on WhiteBIT.
Alternatives to WhiteBIT
For European beginners: we rate Bitpanda more beginner-friendly than WhiteBIT. Bitpanda GmbH in Vienna has a MiCA authorization from Austria's FMA with a passport for 29 further EEA states. See our Bitpanda review.
For beginners in the US: we rate Coinbase more beginner-friendly than WhiteBIT. Coinbase accepts residents of all US states, with entry fees on Coinbase Advanced for US customers at 0.50% maker and 0.90% taker. See our Coinbase review.
For active traders: Kraken serves residents of all US states except New York and Maine. Its EU companies hold MiCA authorizations from the Central Bank of Ireland. Kraken Pro starts at 0.40% maker and 0.80% taker. See our Kraken review, and our Coinbase vs Kraken comparison for a comparison of the two US options. If considering WhiteBIT versus Binance, review our WhiteBIT vs Binance comparison.
FAQ
Is WhiteBIT available in the US?
No. WhiteBIT's terms exclude citizens and residents of the United States, and the app is not in the US App Store. US readers can look at Coinbase or Kraken.
What are WhiteBIT's fees?
At the entry tier, spot trading fees are 0.1% for makers and takers, and futures fees are 0.01% maker and 0.055% taker. Crypto deposits are free for nearly all assets. Card purchases through Buy Crypto cost 1.5% for cards from EU banks and 3.5% for other banks and commercial cards. A BTC withdrawal was 0.00009 BTC at our last check. WhiteBIT may alter withdrawal fees without notice, so verify on the withdrawal page before proceeding.
Is WhiteBIT safe to use?
No exchange is without risk. In WhiteBIT's favor: by its own account, 96% of assets sit in cold wallets, an insurance fund covers cold storage, and it holds an ISO 27001 certification and runs a bug bounty. Against it: no proof of reserves that we could find, and no license named for the company that runs whitebit.com.
Who owns WhiteBIT?
WhiteBIT is part of W Group, founded by Volodymyr Nosov. Peak Horizon Corp. in Panama manages crypto services on whitebit.com.
How we checked this review
We read WhiteBIT's user agreement, fee pages, help center articles and announcements, looked up its EU company in the EU register of crypto-asset service providers, and counted assets and futures markets through WhiteBIT's public API. Our How we rate page explains the six criteria behind our ratings.
About the author
Ethan Parker is Senior Content Editor at Exchange Flow. He has followed crypto since 2015, from Bitcoin and Ethereum to the exchanges people use to buy and trade them.
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