WhiteBIT Review
WhiteBIT is a European-focused exchange founded in Ukraine in 2018, now holding MiCA authorisation in Austria, with low futures fees and deep discounts for WBT holders.
In this guide 9 sections
Our WhiteBIT review centres on a question many European traders now ask: can an exchange born outside the big Western hubs earn a place in a regulated EU portfolio? WhiteBIT started in Kharkiv, Ukraine, in 2018 and has since grown into what it calls the largest European exchange by web traffic. In 2026 it added formal MiCA authorisation, which changes how it should be assessed.
Origins and the W Group Ecosystem
Founder Volodymyr Nosov built WhiteBIT as the anchor of W Group, a cluster of businesses that also includes the Whitechain blockchain, the Whitepay payments service and the White.market skins marketplace. The group says it serves more than 35 million customers worldwide across its products. WhiteBIT itself is widely recognised through sports sponsorships with Juventus, FC Barcelona and the Ukrainian national football team, as well as a Visa partnership for its debit card.
CoinGecko lists the exchange with a Vilnius, Lithuania, address and tracks around 340 coins over roughly 785 spot pairs, with daily volume above $1 billion. It awards a trust score of 8 out of 10.
Licensing in 2027
Regulatory progress has been the big story this year:
- Austria: in June 2026 the Financial Market Authority granted WB-Shield Innovations GmbH, trading as WhiteBIT EU, a MiCA licence to serve eligible users across the European Economic Area (Malta excluded), with a dedicated whitebit.eu platform.
- Croatia: in April 2026 White Tech, another W Group company, obtained MiCA authorisation from HANFA.
- Georgia: WhiteBIT Broker received a broker licence from the National Bank of Georgia to offer perpetual futures locally.
These approvals lift WhiteBIT above purely offshore venues, though the global whitebit.com entity serving non-EU users is not covered by them. Residents of the United States, Canada, the United Kingdom, Russia, Belarus and a list of sanctioned or occupied territories cannot open accounts, and identity checks are compulsory for everyone.
Fee Breakdown and the WBT Effect
Base pricing is competitive before any discounts. Spot trades cost up to 0.1% depending on the pair. Futures start at 0.01% maker and 0.055% taker, and the VIP ladder trims taker fees to 0.035% at level 11 while maker fees reach zero from level 8. Approved market makers can earn rebates down to -0.010%.
The larger lever is WhiteBIT Coin. Holding WBT unlocks up to 80% off taker fees and up to 100% off maker fees on both spot and futures, with discounts calculated separately so the better one applies. That makes the effective cost very low for committed users, but it ties savings to the price of the exchange’s own token, which can fall. Margin borrowing is charged at 0.0585% per day, and withdrawal fees are set per coin and network.
Security Credentials
WhiteBIT says about 96% of user funds sit in cold wallets. It was the first exchange to achieve CCSS Level 3 certification and holds an AAA rating from the auditing platform CER.live. We found no record of a major hack. We did not, however, find an independently audited proof-of-reserves report comparable to those published by some larger rivals.
Products Worth Knowing
Alongside spot, margin and futures with leverage up to 100x, users get flexible and fixed-term crypto lending, a launchpad with community voting, a Visa debit card linked to Whitepay, and API access. WhiteBIT is also integrated with TradingView, so traders can place orders directly from charts.
Our Take
WhiteBIT combines low derivatives pricing with stronger European oversight than most mid-tier competitors, especially now that WhiteBIT EU holds a MiCA licence. It suits EEA and CIS-region traders who are comfortable with mandatory KYC and do not mind holding WBT to reach the best rates. Those in excluded countries, or who prefer not to depend on an exchange token for discounts, should look elsewhere.
Leveraged crypto futures can magnify losses far beyond your initial margin, so manage risk carefully.
WhiteBIT FAQ
Is WhiteBIT regulated in the EU?
What are WhiteBIT's trading fees?
What is WBT used for?
Can I use WhiteBIT in the US or UK?
What leverage does WhiteBIT offer?
WhiteBIT: frequently asked questions
What is WhiteBIT?
WhiteBIT is covered on this page with the main facts in one place: what is offered, who can take part and which conditions apply. Offers like this change often, so always confirm the current details on the official page before you sign up.
Who can claim WhiteBIT?
Eligibility usually depends on your country of residence, a verified account and, for most trading promotions, a new or qualifying account. Read the eligibility section of the terms first; residents of some countries are excluded by the provider or by local rules.
What should I check before using WhiteBIT?
- The exact amount, percentage or reward and any maximum cap.
- Trading volume or lot requirements and the deadline to meet them.
- Which part can be withdrawn, and when.
- Which company and licence your account will be opened under.
Is WhiteBIT worth it?
It can be useful if the conditions match how you already trade. Do not change your strategy or risk more just to reach a bonus target. Trading leveraged products such as forex and CFDs carries a high risk of losing money.
Related: Latest forex bonuses on FxBonusMeet · ForexAllNews – forex news and guides
WhiteBIT live market data
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Summary
WhiteBIT is a crypto exchange founded in Kharkiv, Ukraine, in 2018 and part of Volodymyr Nosov's W Group. It lists about 340 coins and 785 pairs on CoinGecko, charges up to 0.1% on spot and 0.01%/0.055% on futures, and offers large fee discounts for holders of its WBT token. Its EU arm received a MiCA licence from Austria's FMA in June 2026.
Account Types
| Name | Notes |
|---|---|
| Standard (VIP 0) | Spot up to 0.1%; futures 0.01% maker / 0.055% taker. |
| VIP 1-11 | Futures taker falls from 0.055% to 0.035%; maker reaches 0% from level 8. Spot VIP taker from 0.03%. |
| Market Maker Program | Negative maker rebates down to -0.010% for high-volume liquidity providers. |
| WBT Boost | Holding WBT gives up to 80% off taker and up to 100% off maker fees. |
Regulation & Licences
| Regulator | Country |
|---|---|
| Financial Market Authority (FMA) - MiCA CASP | Austria |
| National Bank of Georgia - broker licence | Georgia |
| HANFA - MiCA (W Group's White Tech) | Croatia |
Pros
- MiCA authorisation in Austria (June 2026) for EEA users via WhiteBIT EU
- Low futures fees of 0.01% maker / 0.055% taker, falling further with VIP level
- WBT holders can cut taker fees by up to 80% and maker fees by up to 100%
- Around 96% of assets in cold storage, with CCSS Level 3 certification and a CER.live AAA rating
- TradingView integration and a Visa debit card
Cons
- Unavailable in the US, Canada, the UK and around 30 other jurisdictions
- Mandatory KYC for all users
- Best fees depend on holding the exchange's own WBT token
- Margin borrowing costs 0.0585% per day
- No independently audited proof-of-reserves attestation found
Risk warning: Trading forex and CFDs on margin carries a high level of risk. Bonus terms are set by each broker and may change; always check the broker's official terms before claiming.