WhiteBIT
WhiteBIT
WhiteBIT ranks among the top five exchanges for security according to CER.live, has around 4 million users in Europe and operates under a Lithuanian VASP licence. This is a national authorization rather than a full MiCA licence, however, and the exchange remains less known internationally.
Data & conditions
| Maker / Taker fee | 0.1% / 0.1% |
|---|---|
| Markets | Spot + Derivatives |
| Max leverage | 100× |
| Supported assets | 350+ |
| Trading pairs | 900+ |
| 24h volume | $7.4B |
| Fiat on-ramp | Yes |
| Deposit methods | SEPA, SWIFT, Visa, Mastercard, Apple Pay, Google Pay, Volet.com, Crypto deposit |
| Geo restrictions | US, Canada, Japan, North Korea, Iran, Cuba, Syria, Sudan, Crimea, FATF-blacklisted / UN/EU/UK/US-sanctioned jurisdictions |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | EEA, UK · 31+ countries |
| Regulator | FCIS Lithuania, AUSTRAC, FinCEN, etc. |
| Segment | B2C |
| MiCA / License status | VASP Lithuania VASP Lituania |
Strengths
- CER.live top 5 security; VASP Lituania; 4M users EU.
- No notable sovereignty advantage documented.
Weaknesses
- VASP domestic (no MiCA full); less known internationally.
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (VASP Lituania): reporting to authorities and freezes on order.
- Geographic restrictions (US, Canada, Japan, North Korea, Iran, Cuba, Syria, Sudan, Crimea, FATF-blacklisted / UN/EU/UK/US-sanctioned jurisdictions).
Verdict
The good score reflects a solid security profile: WhiteBIT ranks among the top five exchanges for security per CER.live, has around 4 million users in Europe and operates under a Lithuanian VASP licence with 0.1% fees. The limit holding the score back is that this is a national authorization rather than a full MiCA licence, and the exchange stays less known internationally. It is available in Italy.
For the crypto-native, WhiteBIT remains a custodial with full KYC: its strong CER.live standing concerns the intermediary's security, not the user's autonomy, since the keys are never theirs. No self-custody and no anonymity; the good security reputation is reassuring but doesn't move the judgement on privacy and censorship resistance.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
What are WhiteBIT's fees?
On WhiteBIT, spot fees are maker 0.1% / taker 0.1%. They drop with monthly volume and VIP tier.
Is WhiteBIT regulated in Europe?
Regulatory status of WhiteBIT: VASP Lituania. Licence: VASP Lithuania.
Does WhiteBIT publish Proof of Reserves?
Proof of Reserves publication is not documented for WhiteBIT. No third-party reserve audit is documented. Reserve transparency is a critical factor after the FTX collapse.
Can I send transfers to third-party IBANs from WhiteBIT?
No, WhiteBIT is an exchange and does not allow transfers to third-party IBANs: fiat withdrawals return to a bank account in your own name.
Does WhiteBIT support derivatives and futures?
WhiteBIT offers derivatives trading, with up to 100x leverage.
Sources
- Official service page Maker/taker fees · Regulatory framework · Derivatives · Corporate site Data verified on Jun 15, 2026
- crunchbase.com Stock ticker · Stock listing · IPO date · Latest funding round · +1 Data verified on Jun 15, 2026
- datawallet.com Geo restrictions Data verified on Jun 15, 2026
- fcbarcelona.com Data verified on Jun 15, 2026
Show 6 more sources
- lawinsider.com Legal name · Company type Data verified on Jun 15, 2026
- tradingfinder.com Deposit methods Data verified on Jun 15, 2026
- trustpilot.com Trustpilot reviews Data verified on Jun 15, 2026
- cer.live Third-party audit · Bug bounty · Certifications Data verified on Jun 13, 2026
- cryptoninjas.net Trading pairs · 24h volume · Volume data · Geographic availability · +3 Data verified on Jun 13, 2026
- cryptoslate.com Founders Data verified on Jun 13, 2026