Wide Crypto Range
Review
Pros & Cons
Key Benefits
WhiteBIT supports over 500 cryptocurrencies, including major ones like Bitcoin and Ethereum, offering diverse trading options.
Competitive Fees
Low trading fees with maker fees at 0.03% and taker fees at 0.07%, making it cost-effective for traders.
High Liquidity
Ensures easy buying and selling of cryptocurrencies, minimizing slippage risks.
Advanced Trading Tools
Offers tools like limit orders, stop-loss, and margin trading for sophisticated trading strategies.
Prestigious Partnerships
Official Cryptocurrency Exchange Partner of FC Barcelona and FACEIT, indicating a strong market presence.
Red Flags
No Insurance
User funds aren't insured, posing a risk in case of hacking or other security breaches.
Regulatory Risks
The lack of regulation by major financial authorities may raise concerns about security and compliance.
KYC Limitations
Does not cater to users in sanctioned areas, limiting its accessibility.