Choosing the right cryptocurrency exchange can have a big impact on your trading experience. BingX and WhiteBIT are two popular platforms that offer different features, fees, and supported cryptocurrencies. Understanding the key differences between BingX and WhiteBIT will help you select the exchange that best fits your trading needs and goals in 2025.
These exchanges differ in several important ways including their fee structures, available deposit methods, and types of trading options. BingX might appeal to certain traders while WhiteBIT could be better for others depending on what you value most. Both platforms have built reputations in the crypto community, but they each have unique strengths that set them apart.
When comparing these exchanges, it’s helpful to look at factors like user experience, security features, and the range of cryptocurrencies supported. These elements can greatly affect your daily trading activities and long-term satisfaction with the platform you choose.
BingX vs WhiteBIT: At A Glance Comparison
When choosing between BingX and WhiteBIT for your crypto trading needs, understanding their key differences can help you make an informed decision.
User Base: WhiteBIT serves approximately 8 million users directly, with over 30 million users in their broader ecosystem. This makes WhiteBIT one of the larger centralized exchanges in the crypto space.
Trading Fees Comparison:
| Feature | BingX | WhiteBIT |
|---|---|---|
| Trading Fees | Competitive tiered structure | Standard market rates |
| Withdrawal Fees | Varies by cryptocurrency | Varies by cryptocurrency |
Both exchanges offer various deposit methods, though specific options may differ based on your region.
- Cryptocurrency Support: Both platforms support a wide range of cryptocurrencies for trading. The exact number of coins and trading pairs varies, with each platform regularly updating their offerings.
- Trading Types: BingX and WhiteBIT offer spot trading, but BingX is often noted for its copy trading features, which allow you to mirror the trades of successful traders.
- Trust Factor: According to CoinGecko rankings, both exchanges have established trust scores within the crypto community, though their exact rankings may vary.
You’ll find different user interfaces on each platform, with WhiteBIT generally focusing on a straightforward trading experience while BingX emphasizes social and copy trading features.
Before choosing either exchange, you should verify their availability in your region as regulatory compliance differs across countries.
BingX vs WhiteBIT: Trading Markets, Products & Leverage Offered
BingX offers both spot trading and derivatives markets. You can access more than 180 trading pairs on their futures market, which includes both open-ended and standard contracts.
WhiteBIT provides a custom trading engine that executes orders in real-time. Their platform is designed to be scalable, allowing for quick transaction processing even during high-volume periods.
Trading Products Comparison:
| Feature | BingX | WhiteBIT |
|---|---|---|
| Spot Trading | ✓ | ✓ |
| Futures/Derivatives | ✓ | ✓ |
| Trading Pairs | 180+ on futures | Extensive selection |
| Trading Engine | Standard | Custom-built, real-time |
Both exchanges support various trading options, but they differ in their approach to order execution. BingX focuses on providing a wide range of futures trading pairs, giving you flexibility in your derivative trading strategies.
WhiteBIT stands out with its security credentials, having achieved CCSS Level 3 – the highest standard in crypto security. This might be important if you prioritize safety when choosing a trading platform.
When selecting between these exchanges, consider which trading products match your investment strategy and which platform’s features better suit your trading style.
BingX vs WhiteBIT: Supported Cryptocurrencies
Both BingX and WhiteBIT offer a wide range of cryptocurrencies for trading, but there are some notable differences between their selections.
BingX currently supports over 350 cryptocurrencies. These include major coins like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), as well as numerous altcoins and tokens. The platform regularly adds new cryptocurrencies to meet market demands.
WhiteBIT offers approximately 400 cryptocurrencies on its platform. This gives traders slightly more options compared to BingX. WhiteBIT is particularly strong in its support for emerging projects and tokens.
Here’s a quick comparison of their cryptocurrency support:
| Feature | BingX | WhiteBIT |
|---|---|---|
| Total cryptocurrencies | 350+ | 400+ |
| Major coins (BTC, ETH) | ✓ | ✓ |
| Stablecoins (USDT, USDC) | ✓ | ✓ |
| DeFi tokens | ✓ | ✓ |
| New/emerging tokens | Limited | Extensive |
Both exchanges regularly update their cryptocurrency listings. You’ll find that WhiteBIT tends to add new tokens slightly faster than BingX in many cases.
Trading pairs are another important consideration. WhiteBIT offers more fiat-to-crypto pairs, which can be helpful if you want to purchase cryptocurrencies directly with your local currency.
BingX excels in crypto-to-crypto trading pairs, particularly for traders interested in derivatives and futures contracts involving various cryptocurrencies.
BingX vs WhiteBIT: Trading Fee & Deposit/Withdrawal Fee Compared
When choosing between BingX and WhiteBIT, understanding their fee structures is crucial for your trading strategy.
Trading Fees
| Exchange | Spot Trading | Futures Trading |
|---|---|---|
| WhiteBIT | 0.1% maker/taker | Low-fee structure |
| BingX | 0.1% standard rate | Varies by contract |
WhiteBIT offers competitive trading fees with a standard 0.1% for both maker and taker orders on spot markets. Their futures trading platform maintains a low-fee approach that appeals to active traders.
BingX also implements a 0.1% standard rate for spot trading. However, their futures fees can differ depending on the specific contract you’re trading.
Deposit Methods
Both platforms support multiple deposit options. WhiteBIT appears to have more comprehensive deposit method support, which might be convenient if you prefer using various payment channels.
Withdrawal Fees
Withdrawal fees on both platforms vary by cryptocurrency. These fees are network-dependent and change based on blockchain congestion and token value.
Supported Cryptocurrencies
WhiteBIT supports over 270 cryptocurrencies and 500+ trading pairs. This gives you more options for diversifying your portfolio compared to BingX.
You should check both platforms’ current fee schedules before making your decision, as exchanges frequently update their fee structures to stay competitive.
Remember that higher trading volumes might qualify you for fee discounts on both platforms.
BingX vs WhiteBIT: Order Types
When trading on cryptocurrency exchanges, order types are essential tools that help you execute your trading strategy. Both BingX and WhiteBIT offer various order types to meet different trading needs.
BingX provides several basic order types including Market orders, Limit orders, and Stop orders. Market orders execute immediately at the current market price, while Limit orders allow you to set a specific price for your trade.
WhiteBIT offers a more extensive range of order types. According to the search results, WhiteBIT has 6 different order types:
- Market Orders: Execute immediately at current market prices
- Limit Orders: Set specific buy/sell prices
- Multi-Limit Orders: Place multiple limit orders simultaneously
- Stop-Limit Orders: Combine stop triggers with limit price execution
- Stop-Market Orders: Convert to market orders when triggered
- OCO (One Cancels Other): Link two orders where execution of one cancels the other
This variety gives WhiteBIT users more flexibility in their trading strategies. The Multi-Limit and OCO options are particularly useful for advanced traders who need more complex order execution.
BingX’s order system is more streamlined, which might be preferable if you’re new to trading. However, if you need advanced order types for sophisticated trading strategies, WhiteBIT offers more options.
BingX vs WhiteBIT: KYC Requirements & KYC Limits
Both BingX and WhiteBIT implement KYC (Know Your Customer) verification processes, but they differ in their specific requirements and trading limits.
BingX KYC Levels:
- Level 0: Limited functionality, no personal verification
- Level 1: Basic verification with ID and facial recognition
- Level 2: Advanced verification with additional document proof
BingX implements KYC to create a secure and compliant trading environment. Higher verification levels grant you increased withdrawal limits and access to more trading features.
WhiteBIT KYC Levels:
- Basic: Email verification only, very restricted limits
- Starter: ID verification and selfie
- Pro: Full documentation including proof of address
WhiteBIT strictly adheres to both KYC and AML (Anti-Money Laundering) requirements. This compliance focus helps protect users but requires more personal information.
Trading Limits Comparison:
| Feature | BingX (Unverified) | BingX (Verified) | WhiteBIT (Unverified) | WhiteBIT (Verified) |
|---|---|---|---|---|
| Daily Withdrawal | 1 BTC | 100+ BTC | 2 BTC | Unlimited |
| Trading Volume | Limited | Unlimited | Very Limited | Unlimited |
| Deposit Methods | Crypto Only | Crypto + More | Crypto Only | Multiple Options |
You should consider your privacy needs when choosing between these exchanges. WhiteBIT has stricter verification requirements but offers enhanced security, while BingX provides more flexibility at lower verification tiers.
BingX vs WhiteBIT: Deposits & Withdrawal Options
When choosing between BingX and WhiteBIT, understanding their deposit and withdrawal options is crucial for your trading experience.
Deposit Methods
- WhiteBIT offers multiple deposit options including credit card payments (with a 2.99% fee), zero-fee bank transfers, and cryptocurrency deposits.
- BingX primarily supports cryptocurrency deposits, with fewer fiat options compared to WhiteBIT.
Both exchanges allow free cryptocurrency deposits, making it easy to transfer your existing crypto holdings.
Withdrawal Fees
- WhiteBIT charges varying fees for cryptocurrency withdrawals depending on the asset you’re withdrawing.
- BingX also implements withdrawal fees that differ based on the cryptocurrency.
Processing Times
Cryptocurrency transactions on both platforms typically process quickly, often within minutes or hours depending on network congestion.
Supported Cryptocurrencies
WhiteBIT supports over 270 cryptocurrencies with more than 500 trading pairs, giving you extensive options for deposits and withdrawals.
Security Measures
Both exchanges implement security protocols for deposits and withdrawals, including two-factor authentication and withdrawal address whitelisting.
Before making your decision, check the specific fees for your preferred cryptocurrencies on each platform as these can significantly impact your trading costs over time.
BingX vs WhiteBIT: Trading & Platform Experience Comparison
BingX and WhiteBIT offer distinct trading experiences that cater to different types of crypto traders.
WhiteBIT provides both standard trading interfaces for beginners and professional trading options for experienced users. The platform is known for its clean design and straightforward navigation.
BingX focuses on social trading features, allowing you to copy successful traders’ strategies. This can be particularly helpful if you’re new to crypto trading but want to participate in the market.
Trading Tools Comparison:
| Feature | BingX | WhiteBIT |
|---|---|---|
| Copy Trading | ✓ | ✗ |
| Professional Charts | ✓ | ✓ |
| Mobile App | ✓ | ✓ |
| Demo Account | ✓ | Limited |
Both exchanges support spot trading, but BingX has more emphasis on derivatives and futures. WhiteBIT offers a wider range of trading pairs for spot trading.
The user interface on WhiteBIT tends to be more traditional and similar to established exchanges. BingX has a more modern feel with its social trading elements prominently displayed.
You’ll find that WhiteBIT’s order execution is generally faster, which matters if you’re an active trader.
BingX shines with its social features, allowing you to interact with other traders and learn from their strategies. This creates a more community-oriented experience compared to WhiteBIT’s more straightforward approach.
BingX vs WhiteBIT: Liquidation Mechanism
Liquidation is a critical process in cryptocurrency trading that occurs when a trader’s position is forcibly closed by the exchange. This happens when your margin account doesn’t have enough funds to maintain open positions.
Both BingX and WhiteBIT implement liquidation mechanisms to manage risk, but they approach this process differently.
BingX uses a dual price mechanism for determining liquidation events. This system relies on two key prices: the mark price and the last price. This approach helps protect traders from being liquidated due to temporary market fluctuations or price wicks.
WhiteBIT, on the other hand, follows a more traditional liquidation process. When your margin falls below the required maintenance level, the platform will automatically close your positions to prevent further losses.
Key Differences:
| Feature | BingX | WhiteBIT |
|---|---|---|
| Pricing Model | Dual price mechanism | Traditional order matching |
| Liquidation Warning | Provides alerts | Provides alerts |
| Partial Liquidation | Supported | Supported |
Both exchanges offer liquidation protection features to help you manage risk. BingX’s dual price system may provide additional protection against flash crashes or market manipulation.
You can reduce your liquidation risk on both platforms by using stop-loss orders, maintaining adequate margin, and avoiding excessive leverage.
Neither exchange allows you to reverse a liquidation once it has been executed, so proper risk management is essential when trading on either platform.
BingX vs WhiteBIT: Insurance
When choosing a crypto exchange, insurance coverage is a critical factor to consider for your asset protection. Both BingX and WhiteBIT offer some form of security measures, but their insurance approaches differ.
BingX maintains a Protection Fund designed to cover potential losses from security breaches or system failures. This fund serves as a safety net for users’ assets on the platform, giving you some peace of mind when trading.
WhiteBIT also emphasizes security but takes a different approach. They keep up to 96% of user funds in cold storage, which significantly reduces hack risks. Additionally, WhiteBIT offers a Compliance System that adheres to international security standards.
Neither platform provides the comprehensive insurance coverage you might find on exchanges like Coinbase (which offers up to $250,000 FDIC insurance for USD balances). However, both have implemented security measures to protect your assets.
BingX’s advantage lies in its explicit Protection Fund mechanism, which provides more transparency about how your funds might be protected in case of an incident.
WhiteBIT counters with its strong cold storage policy and compliance framework, focusing on preventing security breaches rather than compensation after the fact.
When deciding between these platforms, consider your risk tolerance and whether you prefer preventative security measures or defined compensation structures for potential incidents.
BingX vs WhiteBIT: Customer Support
When choosing a crypto exchange, customer support quality can make a big difference in your trading experience. Both BingX and WhiteBIT offer support options, but they differ in availability and methods.
BingX provides customer support through multiple channels. You can reach their team via email, ticket system, and live chat. Their support is available 24/7, which is helpful if you trade across different time zones or encounter issues outside business hours.
WhiteBIT offers more limited customer support options. According to search results, WhiteBIT lacks live chat support, which can be a disadvantage when you need immediate assistance. Their support typically works through email and ticket systems.
Response Times:
- BingX: Generally responds within 24 hours, with live chat responses much faster
- WhiteBIT: Response times can vary, typically within 24-48 hours
Both platforms offer support in multiple languages, though English is the primary language. You’ll find that BingX has more language options overall, which might be important if English isn’t your first language.
Neither platform excels at educational support. WhiteBIT specifically lacks learning portals and guides, which might affect new traders who need help understanding the platform.
For urgent issues, BingX’s live chat feature gives it an advantage. You can get real-time help instead of waiting for email responses, which is crucial during market volatility or account access problems.
BingX vs WhiteBIT: Security Features
When choosing a crypto exchange, security should be your top priority. Both BingX and WhiteBIT offer strong security features, but they differ in several ways.
BingX focuses on continuous system updates and adopting new technologies to enhance platform security. They implement multi-factor authentication (MFA) to protect your account from unauthorized access.
WhiteBIT, as a European-based exchange, places strong emphasis on security and compliance with laws and regulations. They pride themselves on maintaining premium security standards.
Key Security Features Comparison:
| Feature | BingX | WhiteBIT |
|---|---|---|
| Two-Factor Authentication | ✓ | ✓ |
| Cold Storage | ✓ | ✓ |
| Regulatory Compliance | Moderate | Strong |
| Security Notifications | ✓ | ✓ |
| Insurance Fund | Limited | Available |
WhiteBIT stands out with its strong regulatory compliance, which adds an extra layer of protection for your assets. Their security measures follow strict European standards.
BingX offers real-time security notifications that alert you to any suspicious activities on your account. This proactive approach helps prevent potential security breaches.
Both exchanges use cold storage solutions to keep the majority of user funds offline, protecting them from online hacking attempts.
Remember to enable all available security features when using either platform. This includes setting up strong passwords and activating two-factor authentication for all transactions.
Is BingX a Safe & Legal To Use?
BingX appears to be a legitimate cryptocurrency exchange based on available information. Established in 2018, the platform has grown to serve over one million users globally.
Security is a priority for BingX. They maintain 100% reserve backing for user funds, which helps protect your investments. Independent auditors like Mazars have verified their financial records, adding another layer of trust.
The exchange is widely recognized in the cryptocurrency community. Multiple sources confirm BingX is among the top safe crypto exchanges in 2025, often listed alongside established names like Coinbase and Binance.
When using BingX, you can expect:
- Established presence: Operating since 2018
- Large user base: Over 1 million users worldwide
- Financial security: 100% reserve-backed funds
- External verification: Independent audits of financial data
While BingX seems legitimate, you should always exercise caution when trading cryptocurrencies. Market volatility and regulatory changes can impact any exchange.
Remember to use strong passwords, enable two-factor authentication, and never invest more than you can afford to lose. These basic security practices help protect your assets on any platform you choose.
Is WhiteBIT a Safe & Legal To Use?
WhiteBIT has established itself as one of the safest cryptocurrency exchanges available today. The platform boasts an AAA security rating, placing it in the top 3 safest trading platforms according to search results.
The exchange prioritizes user security by implementing both KYC (Know Your Customer) and AML (Anti-Money Laundering) requirements. These measures help prevent fraud and ensure the platform operates within legal frameworks.
WhiteBIT has achieved a 100% security score, making it a trusted option for traders concerned about safety. The platform is partly certified with an approved penetration test, showing its commitment to identifying and fixing potential vulnerabilities.
Another security feature worth noting is WhiteBIT’s ongoing bug bounty program. This program encourages security researchers to find and report potential issues, helping the platform maintain its high security standards.
For users worried about asset protection, WhiteBIT offers secure storage solutions for your cryptocurrencies. This helps protect your investments from potential security breaches.
When comparing WhiteBIT to other platforms like BingX, its strong security measures are a significant advantage for users who prioritize safety when trading cryptocurrencies.
WhiteBIT’s legal compliance and security features make it a legitimate platform for crypto trading in 2025. You can trade with confidence knowing the exchange has implemented robust security measures to protect your assets.
Frequently Asked Questions
Traders often have specific questions about cryptocurrency exchanges before deciding where to invest. These FAQs address key aspects of BingX and WhiteBIT that matter most to users.
What fee structure does WhiteBIT implement for transactions?
WhiteBIT uses a tiered fee structure that rewards higher trading volumes. Basic trading fees start at 0.10% for makers and 0.10% for takers.
The exchange offers fee discounts to users who hold and stake the platform’s native token. Professional traders with higher monthly volumes can qualify for significantly reduced rates.
WhiteBIT charges withdrawal fees that vary by cryptocurrency, with the exact amount depending on network conditions and the specific asset being withdrawn.
How does BingX ensure the security of user assets and data?
BingX employs multi-layer security systems including cold storage for the majority of user funds. This keeps assets offline and away from potential hackers.
Two-factor authentication (2FA) is mandatory for all accounts, adding an extra layer of protection beyond just passwords.
The platform uses advanced encryption for data protection and conducts regular security audits. BingX also maintains an emergency insurance fund to protect users against unexpected losses.
Which exchange offers a wider selection of cryptocurrencies, BingX or WhiteBIT?
BingX supports a diverse range of over 300 cryptocurrencies for spot trading. The platform regularly adds new tokens based on market trends and user demand.
WhiteBIT offers approximately 350+ digital assets for trading. This includes major cryptocurrencies as well as newer altcoins and tokens.
Both exchanges regularly update their available assets, but WhiteBIT currently maintains a slight edge in the total number of supported cryptocurrencies.
What customer support options are available to users on BingX and WhiteBIT?
BingX provides 24/7 live chat support in multiple languages. Users can also access help through email ticketing and an extensive knowledge base of tutorials.
The platform offers dedicated VIP support for high-volume traders with faster response times.
WhiteBIT features multilingual customer service through live chat, email, and ticket systems. They also maintain active social media channels where users can get assistance and stay updated on platform news.
How do the trading features and tools compare between BingX and WhiteBIT?
BingX stands out with its copy trading feature that allows beginners to mirror the strategies of successful traders. The platform also offers advanced charting tools and various order types.
Mobile trading is well-supported on BingX with a user-friendly app that includes most desktop features.
WhiteBIT provides professional-grade trading interfaces with customizable charts, technical indicators, and API access for algorithmic trading. Their platform includes both basic and advanced trading modes to accommodate different user skill levels.
Can users participate in staking or earn interest on their holdings with either BingX or WhiteBIT?
BingX offers flexible and fixed staking options for various cryptocurrencies. Annual percentage yields vary by asset, with some tokens earning 5-15% APY depending on market conditions.
Users can easily move assets between trading and earning products within the platform.
WhiteBIT provides several earning opportunities including staking pools and savings products. The platform regularly runs promotions with boosted yields for new assets or special events.
BingX vs WhiteBIT Conclusion: Why Not Use Both?
Both BingX and WhiteBIT offer unique benefits that might appeal to different aspects of your trading strategy. BingX stands out with its user-friendly interface, making it excellent for beginners in the crypto space.
WhiteBIT, as a European-based exchange, offers strong regulatory compliance and security measures that can give you peace of mind when trading.
Fee structures differ between the platforms. BingX generally offers competitive trading fees, while WhiteBIT has its own fee structure that might be more beneficial depending on your trading volume.
You don’t need to limit yourself to just one platform. Many experienced traders use multiple exchanges to:
- Take advantage of different fee structures
- Access coins exclusively available on certain platforms
- Spread risk across multiple platforms
- Capitalize on price differences between exchanges
Using both exchanges allows you to experience the best of both worlds. You can use BingX for its intuitive interface when you want simplicity, and WhiteBIT when you need its specific features or cryptocurrencies.
The crypto market evolves quickly, and having accounts on multiple platforms gives you flexibility to adapt to changes without delay.
Remember to practice good security on both platforms by using strong passwords, enabling two-factor authentication, and keeping the majority of your assets in cold storage when not actively trading.
