### What Is WhiteBIT? Launched in November 2018, WhiteBIT is the largest cryptocurrency exchange in Europe by traffic, offering crypto-to-crypto and crypto-to-fiat transactions with a 0.1% trading fee. The exchange handles a trading volume of over $2,7 trillion per year and is a part of W Group ecosystem. With European Exchange and Custody authorizations, WhiteBIT exchange meets KYC and AML requirements and claims to have 8,000,000+ users from the EU, South America, and Asia registered on the platform. W Group itself serves more than 35 million customers globally. WhiteBIT offers instant transactions with P2P codes, the possibility of staking, private and public APIs, and a range of trading tools: limit, market, stop-limit, stop-market, multi-limit, and OCO orders. Quick deposits and withdrawals are carried out with InstantSend by Dash. Users can get the full trading experience via Android/iOS apps or on TabTrader: Android APP: WhiteBIT on Google Play iOS APP: WhiteBIT on the App Store ### Who Are the Founders of WhiteBIT? WhiteBIT was founded by Volodymyr Nosov, who is founder and president of W Group. Oleksii Kovalev is the vice president of WhiteBIT exchange. Before launching the crypto platform, Nosov was the co-founder of the Viva Parquet company and Head of Sales Operations at PromoGroup Ltd. ### Where Is WhiteBIT Located? According to the company’s LinkedIn page, its primary location is in Vilnius, Lithuania. ### WhiteBIT Restricted Countries The company revealed that persons in Afghanistan, American Samoa, the U.S. Virgin Islands, the Territory of Guam, Iran, Yemen, Libya, the State of Palestine, Puerto Rico, Somalia, the Democratic People’s Republic of Korea, The Northern Mariana Islands, USA, Syria, Russian Federation, Republic of Belarus, Republic of Sudan, Transnistria, temporarily occupied territories of Georgia, Turkish Republic of Northern Cyprus, Western Sahara, Federal Republic of Ambazonia, Kosovo, South Sudan, and temporarily occupied territories of Ukraine are not allowed to use the exchange. ### What Coins Are Supported on WhiteBIT? As of April 2025, WhiteBIT supports 340+ cryptocurrencies in 700+ spot pairs and 200+ futures pairs. ### How Much Are WhiteBIT Fees? The platform offers a competitive flat fee structure of 0.10% for makers and takers. Furthermore, the daily fee for using funds in margin trading and borrowing is 0.0585%. ### Is It Possible To Use Leverage or Margin Trading on WhiteBIT? WhiteBIT offers margin trading with leverage of 1X, 2X, 3X, 5X, and 10X, and futures trading with leverage of 1X to 100X. Official Partnerships WhiteBIT proudly collaborates with several prominent partners, including FC Barcelona, ESL Faceit, VISA, Trabzonspor and the Ukrainian national football team.