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WhiteBIT

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About WhiteBIT

Introduction

WhiteBIT was founded in November 2018, and since then it has become one of the largest cryptocurrency exchanges in Europe, with its origins in Ukraine. The exchange draws traders from all around the world due to its robust security, reliability, variety of earning opportunities, and usability.

History and Mission

Date of foundation: November 2018.

Location and compliance: the exchange was founded in Ukraine and is regulated according to European standards.

Mission: the exchange’s founders aim to achieve mass adoption of blockchain technologies and expand the crypto community.

Trading Opportunities and Tools

Trading tools: the exchange allows for spot, futures, and margin trading with a maximum of 10X leverage.

Demo tokens: the platform offers the possibility to practice demo trading using demo tokens without the risk of losing real funds.

Fee Structure

Trading fees on WhiteBIT vary and may reach a max. of 0.1%. WBT token owners receive fee discounts. WBT is a WhiteBIT’s utility token.

Withdrawal and deposit fees: the exchange does not charge commissions for depositing funds, but there are withdrawal fees.

Available Assets

Cryptocurrencies: the exchange offers more than 270 cryptocurrencies and 350 trading pairs.

Fiat currencies: the platform supports major fiat currencies including USD, EUR, UAH, KZT, and others.

Customer Support

24/7 support for clients is available via chat and email.

The exchange also offers educational resources, such as the WhiteBIT Blog, including training programs, guides, and the latest updates in the industry.

Security Measures

Security level: WhiteBIT is AAA-rated and is among the top 3 most secure platforms according to CER.live.

Security measures: 96% of assets are stored in cold wallets. WhiteBIT regularly undergoes security audits.

Additional Features and Products

WhiteSwap - decentralized exchange for anonymous trading.

Bitcoin Global - P2P trading platform.

Whitepay - crypto payment system for business.

WhiteEX - physical cards for replenishing your balance on the exchange.

Gagarin Show - the educational show about cryptocurrencies.

The Affiliate Program and Bonuses

According to the WhiteBIT affiliate program, users have the opportunity to earn up to 50% of the fees of attracted users.

Unique Earning Opportunities

SMART staking - the program for earning passive income with a yield of up to 30% per annum.

Crypto lending -  the possibility to lend cryptocurrencies and earn income.

Mobile app

The WhiteBIT mobile app allows for trading on the go. It is available for iOS and Android.

Compliance and Headquarters

Compliance: the exchange is regulated by European exchange and custody licenses. It strictly complies with AML and KYC regulations and regularly undergoes audits.

Headquarters: WhiteBIT has offices in 8 countries.

Conclusion

WhiteBIT is a reliable and innovative cryptocurrency trading platform offering a broad selection of tools and services for various categories of users. With its help, traders not only trade but also receive passive income, using staking and lending programs, as well as various educational and entertainment resources to improve their knowledge and skills in trading.

Volodymyr Nosov

CEO at WhiteBIT

Key data

data refreshed every 10 minutes$746.87M / 24h
Trading pairs574
Founded2018-09-01T00:00:00.000000Z
Market share2.1%of tracked exchanges volume

WhiteBIT is a centralized cryptocurrency exchange (CEX) that has been operating since 2018, with its official website at whitebit.com. In practice, that means users create accounts, deposit funds to the platform, and trade through its own matching engine rather than peer-to-peer. This page offers a neutral overview of the exchange, along with live market data you can check in real time.

Frequently asked questions

What is WhiteBIT?

WhiteBIT is a cryptocurrency exchange where users can buy, sell, and trade digital assets. It runs on the company's own infrastructure and requires account registration, much like a traditional trading platform. Its official website is whitebit.com.

Is WhiteBIT a centralized or decentralized exchange?

WhiteBIT is a centralized exchange (CEX). This means the platform holds users' funds and acts as the intermediary in every trade, unlike decentralized exchanges where users keep control of their own wallets. The CEX model typically offers faster order matching and a more familiar trading experience, but it also means entrusting custody of your assets to the platform.

When was WhiteBIT founded?

The exchange was founded in 2018 and has been operating continuously since then. For a picture of its current activity — trading volumes, listed pairs, and other metrics — take a look at the live data blocks on this page.

What should users pay attention to when using WhiteBIT?

Since it's a centralized exchange, users hand over custody of their funds, so it's worth reviewing the platform's security measures, fee structure, and verification requirements before getting started. It also makes sense to check whether the exchange operates in your jurisdiction and supports the assets you're interested in. The live trading data on this page can help you gauge how active and liquid the platform is.

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