[Updated 10.2023]


WhiteBIT is a centralized cryptocurrency exchange that was founded in 2018. It is registered in the British Virgin Islands and has its headquarters in Ukraine.


 

WhiteBIT offers a wide range of services, including cryptocurrency trading, spot trading, margin trading, and over-the-counter (OTC) trading.


WhiteBIT is one of the most popular cryptocurrency exchanges in the world, and it supports a wide range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and many more. It also supports non-fungible tokens (NFTs).


WhiteBIT is a user-friendly exchange, and it offers a variety of features that make it a good choice for both beginners and experienced traders. Some of the key features of WhiteBIT include:


  • Wide range of supported assets: WhiteBIT supports a wide range of cryptocurrencies, including NFTs.
  • User-friendly interface: WhiteBIT has a user-friendly interface that makes it easy to trade cryptocurrencies.
  • Variety of trading features: WhiteBIT offers a variety of trading features, including spot trading, margin trading, and OTC trading.
  • Competitive fees: WhiteBIT offers competitive fees for trading cryptocurrencies.
  • High liquidity: WhiteBIT has high liquidity, which means that there is always enough liquidity to execute trades.
  • WhiteBIT is a good choice for cryptocurrency traders of all levels of experience. It offers a wide range of features and services, and it is known for its user-friendly interface and competitive fees.


Is WhiteBIT safe?


WhiteBIT is a relatively safe cryptocurrency exchange. It uses a number of security features to protect users' funds, including:


  • Two-factor authentication (2FA): WhiteBIT requires users to enable 2FA on their accounts. This adds an extra layer of security to users' accounts and makes it more difficult for hackers to gain access to them.
  • Cold storage: WhiteBIT stores the majority of its users' funds in cold storage. Cold storage is a type of storage that is not connected to the internet, which makes it more secure from hackers.
  • Regular security audits: WhiteBIT regularly has its security systems audited by third-party security firms. This helps to identify and fix any security vulnerabilities before they can be exploited by hackers.
  • However, it is important to note that no cryptocurrency exchange is completely safe. Users should always take steps to protect their own funds, such as using strong passwords, enabling 2FA, and being careful about what links they click on.


Overall, WhiteBIT is a good choice for cryptocurrency traders of all levels of experience. It offers a wide range of features and services, and it is known for its user-friendly interface and competitive fees.


You can trade EDCOIN (EDC) on WhiteBIT via whitebit.com/trade/EDC-USDT.