WhiteBIT Description
WhiteBIT is one the most secure trading platforms around the globe. WhiteBIT is a cutting-edge technology platform that offers a professional-grade experience for novice and professional customers. The company is based in Vilnius. What makes WhiteBIT different? Secure platform - WhiteBIT uses the most reliable and effective security technologies. To ensure additional safety, we use a multi-stage elastic holding strategy. WhiteBIT provides two-factor authentication for all users, as well as a host additional security features to provide multiple layers. Security is our top priority. Custom-built trade matching engine. Our custom trading engine is scalable and can execute orders in real time. Our extensive APIs allow us to support third-party trading platforms as well as algorithmic trading.
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WhiteBIT User Reviews
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
User experience for half a year Date: Sep 08 2023
Summary: My experience is generally positive, I don’t know if this exchange is suitable for experienced traders, but the tools are enough for me. I have used staking, spot trading and margin trading, futures is a bit complicated for me. I started saving significantly on trading commissions after holding the exchange token, I regret that I did not do this earlier.
Positive: I liked that this exchange provides the opportunity to receive a large passive income, in addition, the support service works very quickly, they respond to the telegram messenger and also to letters, there is also the opportunity to call, but I did not use it.
Negative: The application interface was inconvenient for me, but now I’m almost used to it. Also the exchange doesn't have BEP-20, although I don't need it, but it's a little strange.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Like their futures trading leverage and margin trading commission Date: Aug 03 2023
Summary: Overall, WhiteBIT has been great for me as a pensioner. The low fees and high leverage options give me more confidence in my trading decisions, and I feel like I have more control over my investments. It's a platform I can trust, and I'm happy to be part of the WhiteBIT community
Positive: I've been using WhiteBIT for a while now, and I must say, my experience has been positive. The best part for me is the low fee of 0.078% per day for using funds in margin trading. It's such a relief to see my profits grow without hefty fees eating into them.
And let me tell you, their leverage on perpetual futures contracts is a game-changer. With leverages of x50 and x100, I can make bigger trades and potentially earn more. It's like having a superpower in the crypto world. But risky also.Negative: One thing that could be improved is the size of the letters on the website. As a pensioner, sometimes it's a bit challenging to read the smaller text. It would be nice if they could make it a little bigger for better readability.
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But other than that, I'm satisfied with WhiteBIT's services. It's been a reliable and trustworthy exchange for my crypto activities, and I'm glad to have found it.WhiteBIT Company Response -
Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Impressive Experience with WhiteBIT Date: Jul 25 2023
Summary: WhiteBIT is a solid choice for cryptocurrency trading, offering a seamless experience and an impressive selection of assets. With its commitment to security and user satisfaction, I confidently recommend WhiteBIT to fellow traders.
Positive: WhiteBIT has proven to be a dependable and secure cryptocurrency exchange. I appreciate the wide variety of cryptocurrencies available for trading, providing ample options for diversification. The user-friendly interface and intuitive navigation make it easy to manage my assets and execute trades efficiently. Moreover, the platform's advanced security measures, like 2FA and cold wallets, give me confidence in the safety of my funds.
Negative: While the overall experience has been positive, I wish there were more customer support options available, especially during peak times. Additionally, occasional maintenance delays can be a minor inconvenience.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Swift. Simple. User-friendly Date: Oct 13 2023
Summary: Overall, WhiteBIT does not cover all my trading goals, but a significant part of them. It would especially suit beginners, for whom simplicity and clarity is essential. But mature traders can also find the room in WhiteBIT, in my opinion.
The smooth experience of using it is a bit spoiled by troubled withdrawal. Having that solved would make WhiteBIT get closer to a 5-star rate. Yet I cannot say that those drawbacks are ultimate, as some would not even notice them, but for me they make a difference.Positive: WhiteBIT stands out by its user interface and customer support. For me, ones became the core advantages, as what I seek in exchange is versatility and user-friendliness. I could tell about fees, deposit and lending options, number of trading pairs and other basic stuff, but these are not cornerstones for me. This aspects are quite same on the most popular exchanges, but not all of them can boast of comfortable user experience. Comfort and security – this is what I prioritise, and this is what WhiteBIT delivered to me.
Customer support is responsive and ready to get down into solving issues. I had almost no delayed answers from them, and they have many channels for getting in touch – and even phone calls. It is really WhiteBIT's strongest point.Negative: Withdrawal is the aspect that makes a disappointment kick in. As direct transfer into fiat account is suspended, there are only two options left: GeoPay intermediary and P2P Express. The first one has a 5% commission, and the latter one has a bottom line of the funds. By and large, you can't withdraw small sums of money at ease or with no cost.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
My experience Date: Sep 25 2023
Summary: My experience is quite positive, for two years there have been no problems or account blocking!
Yes, there were difficulties when it was not possible to withdraw the hryvnia and the reduction in staking interest was not encouraging, but in general everything works and new features are being added.Positive: Easy to use and test!
Good design! Over the past year the business has grown a lot both in appearance and functionality! Many convenient features have been added that make working with the exchange easier!Negative: The hryvnia exchange rate for P2P express is lower than on spot!
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Reduction of interest on crypto deposits! Of course, frequent technical work is a little annoying, but on the other hand, this leads to the fact that the exchange began to work much better and faster.WhiteBIT Company Response -
Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
The crypto exchange with a high potential Date: Sep 25 2023
Summary: I'm a daily user of the WhiteBIT exchange almost a year. And now, I can make the personal conclusions about the features of it. So, it has the user's friendly and simple interface, it absolutely has nothing difficult and that's the advantage. Moreover, company is popular in media and have a big amount of partnerships but from the other side, sometimes the FUD appears around the exchange. Also, I would mention the high level of security and good support, but the last one has to be improved. So, they develop the new networks, features and created the good community in the social networks.
Positive: - large trading volumes
- high liquidity, multilevel security system
- web3 deposit and authorisation
- crypto lending rates
- 400+ trading pairs
- user's friendly interface
- popular in media
- futures and margin trading
- good security levelNegative: - the new company in the industry, was founded only in 2018
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Good exchange, but there is no limit to perfection. Date: Aug 29 2023
Summary: Good exchange, definitely there is enough work to do, but for me WhiteBIT is a good experience and I would (and did) recommend it.
Positive: My experience was good and clear. I've tried their staking for 90 days and it helped me to make a good and easy profit.
I trust this exchange, I was using it for half a year and it's pretty easy to work with. Also support works really nice.Negative: I was a little confused when I was logged out, thought it was a mistake, but support helped me. They've said it's part of their security system and I can change it in settings.
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