WhiteBIT Exchange Review: OG Score & Community Audit

WhiteBIT is a European crypto exchange headquartered in Lithuania and part of W Group, with spot, margin and futures trading. In April 2026, its group company WHITE TECH received MiCA authorization in Croatia and in May 2026 WhiteBIT launched a separate UK platform.

Platform Background & Leadership

WhiteBIT was founded in 2018 by Ukrainian entrepreneur Volodymyr Nosov, who is also founder and president of its parent company, W Group. It has held national VASP registrations in countries including Lithuania, Poland, the Czech Republic, Bulgaria and Italy. W Group says it serves more than 35 million customers worldwide and WhiteBIT has partnerships with FC Barcelona, Juventus and the Ukrainian national football team.

On April 23, 2026, Croatia's financial regulator HANFA authorized WHITE TECH d.o.o., a W Group company, as a crypto-asset service provider under MiCA. In May 2026, WhiteBIT launched whitebit.uk for UK users, with spot trading and GBP funding by card or Faster Payments. Its UK financial promotions are approved by an FCA-authorized firm, which is not the same as FCA authorization of WhiteBIT itself.

WhiteBIT Security Track Record

No hack of WhiteBIT has been publicly reported. WhiteBIT says it was the first exchange to reach CCSS Level 3 certification, keeps about 96% of assets in cold storage and maintains a $30 million insurance fund. Other measures include a bug bounty program, 2FA, anti-phishing tools and WAF protection.

As of our latest review, WhiteBIT did not publish publicly verifiable Proof of Reserves, so users cannot check its reserves against customer balances themselves.

Auditors in our community give WhiteBIT a score of 16.3 across 5 reviews. Its security certifications count in its favor, while the missing Proof of Reserves and limited coverage in our global community hold the score back.

WhiteBIT Fees & Fee Structure

WhiteBIT spot fees are 0.10% maker and 0.10% taker at the base level and WBT holders can get up to a 100% maker fee discount. Futures fees start at 0.01% maker and 0.055% taker and fall with volume. Fiat deposits are available in several currencies, such as USD, EUR, GBP and UAH, by card, bank transfer and Apple Pay, depending on the region.

WhiteBIT Staking & Earn Products

WhiteBIT offers Crypto Lending (earn), auto-invest (DCA) and a launchpad and WBT gives holders ecosystem benefits. W Group also runs WhitePool (bitcoin mining), WhiteSwap (DEX) and a P2P marketplace. WhiteBIT says its Nova Visa debit card is available in more than 30 European countries, with BTC or WBT cashback.

Trading Experience & Platform Features

WhiteBIT offers spot, margin (up to 10x) and futures (up to 100x) trading with TradingView charts on web and mobile. It does not offer copy or social trading. Products and funding methods differ between the main platform, the EU entity and whitebit.uk.

WhiteBIT FAQ

Is WhiteBIT licensed under MiCA? In April 2026, Croatia's HANFA authorized WHITE TECH d.o.o., a W Group company, as a crypto-asset service provider under MiCA. The authorization belongs to that entity, so the services it covers depend on the platform used.

Is WhiteBIT available in the UK? Yes. WhiteBIT launched whitebit.uk in May 2026, with financial promotions approved by an FCA-authorized firm. This approval is not the same as FCA authorization of WhiteBIT itself.

Does WhiteBIT publish proof of reserves? As of our latest review, WhiteBIT did not publish publicly verifiable Proof of Reserves.

Our OGAudit Editorial Team gathered the details for this WhiteBIT review directly from their WhiteBIT Official Website, WhiteBIT X (Twitter) Account. Keep in mind that everything here is for informational use only and is never investment advice. If you notice any outdated info, use our contact form to help us keep our records completely accurate.