WhiteBIT 2025 Review: Comprehensive Overview of Features, Advantages, and Disadvantages

Overview of WhiteBIT: WhiteBIT is the largest European cryptocurrency exchange by traffic, founded in 2018 and headquartered in Lithuania, with over 8 million users across 150 countries. It emphasizes compliance with regulatory frameworks and offers a variety of trading options, including spot, margin, and futures trading.

Security and Features: The platform is recognized for its strong security measures, including cold storage for user funds and CCSS Level 3 certification. It also provides features like a utility token (WBT), a debit card for crypto spending, and tools for passive income and crypto lending.

Geographic Availability: WhiteBIT operates in various jurisdictions but restricts services in several countries, including the United States and the United Kingdom. The Nova Debit Card is available in multiple European countries, allowing users to spend cryptocurrencies directly.

User Experience and Services: The exchange offers a user-friendly interface for account setup and trading, with multiple fiat deposit options. WhiteBIT is considered a secure platform with no reported hacks, providing a comprehensive ecosystem for both retail and institutional users.