WhiteBIT

WhiteBIT is a prominent centralized cryptocurrency exchange founded in 2018. Originating in Europe, it has rapidly expanded its global presence, now serving over 35 million clients across its ecosystem. WhiteBIT emphasizes advanced security, regulatory compliance, and a broad suite of crypto services.

Key Features:

• Global Reach & Expansion: With over 8 million registered users on the exchange and offices in 7 countries, WhiteBIT is considered the largest European crypto exchange by traffic. It's actively expanding into new markets like Australia (registered with AUSTRAC in December 2024), Turkey, Spain, and others.
• Comprehensive Ecosystem: Beyond the core exchange, the WhiteBIT Group includes Whitechain (its own blockchain), Whitepay (crypto processing), WhiteSwap (DEX), WhitePool (mining), and other blockchain/crypto solutions.
• Extensive Asset & Fiat Support: Offers over 780 trading pairs and over 330 digital assets, supporting 9 fiat currencies.
• Advanced Security: Holds multiple top-tier security certifications including ISO/IEC 27001, PCI DSS Level 1 (highest level for payment data), and is notably the first exchange to achieve CCSS Level 3 (highest standard for cryptocurrency security). It employs cold wallet storage, multi-factor authentication, and undergoes regular independent security audits (e.g., by Hacken).
• Diverse Trading Options: Provides spot trading, futures contracts, crypto lending, and various institutional services like market-making programs, colocation, and flexible API.
• Fiat On/Off Ramps: Facilitates fiat deposits and withdrawals, including through services like the WhiteBIT Nova Visa Crypto Card (available for EEA residents).
• Competitive Fees: Offers competitive trading fees, with potential discounts for holding its native WhiteBIT Coin (WBT).

Regulatory & Reputation:

• Global Compliance: WhiteBIT states it holds multiple Virtual Asset Service Provider (VASP) authorizations in various jurisdictions and operates in strict compliance with local regulations. Its registration with AUSTRAC for its Australian operations is an example.
• Partnerships: Has established notable partnerships with global entities like Visa, FC Barcelona, Trabzonspor, and FACEIT, enhancing its brand recognition and trust.
• Strong User Reviews: Generally receives positive user reviews, praising its interface, security, range of assets, and responsive support.

Summary:

WhiteBIT is a major, actively expanding, and highly-regarded centralized cryptocurrency exchange that has grown from a European base to a significant global player. It distinguishes itself through robust security certifications (including CCSS Level 3, PCI DSS Level 1, ISO 27001), a wide range of assets and services, and strong regulatory compliance efforts in the jurisdictions it enters. WhiteBIT is considered a reliable and secure option for both individual and institutional crypto traders worldwide.