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About WhiteBIT

What is WhiteBIT?

WhiteBIT is one of the largest centralized cryptocurrency exchanges (CEX) in Europe. The exchange focuses on fast order execution and enhanced liquidity for users. in November 2020, the company expanded to a decentralized exchange (DEX), launching its own centralized exchange on ethereum. Its automated market-making decentralized exchange (DEX) is a fork of Uniswap V2. The platform claims to serve more than 3 million users located in the EU, South America, and Asia.

Who are the founders of WhiteBIT?

The company was founded by its current CEO - Volodymyr Nosov. WhiteBIT has over 250 employees, including Chief Marketing Officer Oleg Kiyan and Corporate Vice President Oleksii Kovalev. Prior to launching the cryptocurrency platform, Nosov was a member of Viva Parquet, a leading provider of cryptocurrency services. Nosov was a co-founder of Viva Parquet and the head of sales operations at PromoGroup Ltd.

When did WhiteBIT launch?

The exchange platform was launched in Ukraine in December 2018.

Where is WhiteBIT located?

According to the exchange's LinkedIn page, its main location is in Vilnius, the capital of Lithuania.

Countries with restricted access to WhiteBIT

In a Medium post published in 2019, the company stated that residents located in occupied areas of Afghanistan, Iraq, Iran, Yemen, Libya, Pakistan, Palestine, Somalia, Syria, Sudan, the United States, and Ukraine are not allowed to use the exchange's services.

What coins can WhiteBIT support?

As of October 2022, the exchange has 186 tokens and 225 marketplaces.

What are WhiteBIT's fees?

The platform offers a competitive flat rate structure with a 0.10% pending order fee and a 0.10% eat fee. In addition, there is a daily fee of 0.098% for using funds in margin trading.

Can I use leverage or margin trading on WhiteBIT?

WhiteBIT is available for 1, 2, 3, 5, 10, 20 times leveraged margin trading.