WhiteBIT Exchange Review: Fees, EU License, and Safety Record

WhiteBIT was founded in 2018 and, according to CoinGecko, is registered in Lithuania. It lists 325 coins on 799 pairs and sees about $904M of trading a day (CoinGecko, 4 November 2026). It is a centralized exchange that also serves EU customers through a separate MiCA-licensed entity, WhiteBIT EU.

WhiteBIT charges 0.1% to both makers and takers on spot. Its public API showed that rate on all 799 spot markets on 1 November 2026. On a purchase the fee is taken in the coin you are buying, on a sale in the coin you receive. A VIP program (tiers 0 to 10, based on balance and 30-day volume) lowers the rate further, per WhiteBIT’s support article updated 9 September 2026.

At VIP 0, a perpetual futures order on WhiteBIT costs 0.01% as a maker and 0.055% as a taker (checked 31 October 2026); that is tied for the 6th lowest of 10 by taker fee. Funding rates come on top of the trading fee, and futures with leverage can lose more than the margin.

On its cheapest network, withdrawing USDT from WhiteBIT costs about $0.1 on Plasma (checked 10 October 2026), the ninth-cheapest of the ten exchanges here. For other coins, check the fee table before you send funds.

WhiteBIT has a CoinGecko Trust Score of 8/10 and a MiCA license through WhiteBIT EU in Austria. SSL Labs grades the website A+ (2 November 2026), and Google Safe Browsing shows no warnings (4 November 2026). eTop found no documented hack.

Yes, through its EU arm. WB-Shields Innovations GmbH, trading as WhiteBIT EU, appears in ESMA’s MiCA register under Austria’s FMA, with authorization notified on 18 June 2026 and whitebit.eu as the platform. It may offer custody, fiat and crypto exchange, placing, and transfer services. WhiteBIT’s own support article (updated 18 September 2026) says EEA residents cannot register on whitebit.com and are served by whitebit.eu instead. ESMA register checked 1 November 2026.

WhiteBIT has tiered verification. The Basic tier needs a personal-details form, a document (ID card, passport, or residence permit), and a live facial video check where you turn your head side to side. It unlocks spot, futures, and margin trading, crypto deposits and withdrawals, and P2P Express. The Advanced tier adds address confirmation and a financial questionnaire, and is required for fiat deposits and withdrawals. Approval takes anywhere from a few minutes to 24 hours. Source: official WhiteBIT support article, updated 18 September 2026.

Yes. WhiteBIT offers OTC for large trades on individually agreed terms, with no maximum volume and no stated minimum. Requests go through the institutional services form, and institutional and corporate clients complete KYC/KYB. As of 2 November 2026, per the WhiteBIT help article.

Yes. WhiteBIT offers demo tokens, DBTC and DUSDT, that you can claim and use without verification. Activate them on the web platform under Codes → Get Demo Token, then Activate Code; after activating both codes you’ll have 0.5 DBTC and 1,000 DUSDT. They only work for spot trading in the DBTC/DUSDT pair, not futures or margin. Demo tokens can’t be withdrawn or converted to real funds, and they don’t expire. Source: official WhiteBIT support article, updated 12 September 2026.

eTop has not found an active sign-up bonus at WhiteBIT (last checked 10 October 2026). If one launches, its terms will be on WhiteBIT’s own site.

For customers in the EEA, WhiteBIT is operated by WB-Shields Innovations GmbH, which runs whitebit.eu. EEA residents can no longer open an account on whitebit.com.