WhiteBIT is an exchange that offers spot pairs with hryvnia and hryvnia deposit methods. Below we have gathered what can be checked on its official pages: what service it provides to Ukrainians, which methods for working with hryvnia exist, and what is known about its fees, verification, security and legal structure. Data as of 13 October 2026. The material contains no ratings or scores: we did not test the exchange with our own transactions and do not compare it with others by points.
This material is for information only and is not investment advice.
What This Exchange Is and Who Stands Behind It
According to its help center, WhiteBIT is a centralized exchange and custodial platform: it holds users’ assets and is responsible for their security. According to the same help center, the company was founded on 16 November 2018.
The user agreement shows that WhiteBIT is a group of companies in different countries. It includes, among others, UAB Clear White Technologies (Lithuania), Dervaliose Technologies sp. z o.o. (Poland), Peak Horizon Corp. (Panama) and WB Technologies AG (Switzerland). According to the agreement, all crypto operations are carried out by WhiteBIT Global company, Peak Horizon Corp. (Panama), while WB Technologies AG is responsible for fiat operations through payment partners: it is a Swiss financial intermediary supervised by VQF. Other companies provide non-banking services: development, marketing and support. The group’s composition may change, so read the current agreement before you register.
What the Exchange Offers Ukrainians
As of 13 October 2026, the exchange’s public markets API lists 16 spot pairs with hryvnia, including BTC/UAH, ETH/UAH and USDT/UAH. For all of them, the minimum order amount is UAH 45.
| Service | How it works according to the official description | Conditions |
|---|---|---|
| Card Transfer (deposit) | The site generates an invoice, and you transfer the money to the card of the exchange’s P2P partner. You have 10 minutes to pay | You may pay only from the card you specified; a transfer from another card will be cancelled. The method is available in the list of countries that includes Ukraine |
| Card Transfer (withdrawal) | Hryvnia is credited to the specified card. The transfer is carried out by a third-party provider outside the exchange | Confirmation requires a code sent by email (valid for 180 seconds) and a 2FA code, if it is enabled |
| Quick Top Up | A method in the “Buy Crypto” section: payment in hryvnia by card. You can choose not only USDT but also other assets | The rate already includes the conversion fee; the transfer window is 30 minutes |
| P2P Express | Exchange of USDT for hryvnia and vice versa through a third-party P2P service, card to card | There is no separate fee; the rate corresponds to the counter-offer; the receipt must be uploaded within 30 minutes |
| Spot trading | Orders on pairs with hryvnia, USDT and other assets | Base fee of 0.1% |
A step-by-step description of buying bitcoin on the exchange is in the article How to Buy Bitcoin with Hryvnia, and for USDT, in the article How to Buy USDT with Hryvnia.
Fees
| Item | What the official pages say |
|---|---|
| Spot, taker and maker | 0.1% and 0.1%. For some pairs it may differ, but it does not exceed these percentages |
| Futures | 0.055% for takers and 0.01% for makers; for some pairs the fee may differ, but it does not exceed 0.055% |
| Discounts | VIP program: the higher the level (from 0 to 10), the lower the fees. The level depends on the balance and trading volume over 30 days |
| Buying by card (Buy Crypto) | Apple Pay, Google Pay, Visa/Mastercard: 1.5% for banks in the EU, 3.5% for banks outside the EU and for commercial cards; ZEN Pay: 1% |
| Depositing and withdrawing fiat | Depends on the method; see the Fiat section on the fees page |
| Withdrawing cryptocurrency | Depends on the blockchain fee and the asset price; may change without notice |
According to the help center, the fee for a spot trade is charged when the order is executed. When buying, it is charged in the asset you are buying; when selling, in the asset you receive.
Verification and Restrictions
Without verification, a user can only try trading tools with demo tokens. Verification is mandatory for deposits, withdrawals, creating and activating WhiteBIT codes, and for the “Buy Crypto” section. The service can be used from age 18. Verification levels (basic, pro, advanced) determine which services are available: the “Buy Crypto” section is open at all three levels.
The exchange does not accept documents of citizens and residents of a number of countries and territories, including the Russian Federation, the Republic of Belarus, the United States, Canada, the United Kingdom and “temporarily occupied territories of Ukraine”. Depending on the country of citizenship or residence, some functions and assets may be unavailable.
Additional rules apply to residents of the EEA. According to WhiteBIT’s documentation, since 30 December 2024 accounts from the EEA cannot deposit or withdraw USDT, and since 19 May 2025, withdrawing cryptocurrency from accounts in the EEA (and Turkey) requires data under the Travel Rule.
Security: What the Exchange Claims
The WhiteBIT help center lists the account protection features: two-factor authentication (TOTP), passkeys, an anti-phishing code in emails, a whitelist of withdrawal addresses, device and session management, and automatic logout.
The exchange states the following about keeping funds: 96% of assets are kept in multi-signature cold wallets, and there is an insurance fund covering cold-storage assets, with a planned size of USD 30 million. These are the exchange’s own statements. The documentation for partners lists ISO 27001, PCI DSS Level 1 and CCSS Level 3 certifications (audit by Hacken), but the exchange provides certificate numbers, issuing bodies and validity periods only on request. At the same time, the security help article says that the PCI DSS audit is ongoing, so the discrepancies between the pages should be taken into account.
Risk. The exchange’s statements about cold storage, the insurance fund and certificates are not independent confirmation. Keep on the exchange only the amount needed for trades.
Licenses and Registrations
The partner documentation states that WhiteBIT has VASP registrations in several jurisdictions, but the full list (jurisdictions, supervisory bodies, numbers) is provided on request at compliance@whitebit.com. On the pages we reviewed, we did not find a public list of registration numbers.
One entry can be checked in a regulatory register. In the temporary MiCA register of ESMA (updated 7 October 2026), among the crypto-asset service providers there is WhiteBIT EU: the company WB-Shields Innovations GmbH, supervised by the Austrian FMA, with an authorization notification date of 18 June 2026. The listed services include custody and administration of crypto-assets, exchange for funds and for other crypto-assets, placement and transfer. This concerns the European service whitebit.eu, not automatically every user in the world.
In Ukraine, there is no state licensing of exchanges under a special law yet: the Law “On Virtual Assets” (No. 2074-IX) has the status “Not yet in force” on the Verkhovna Rada website.
The WhiteBIT Nova Card
The card page describes WhiteBIT Nova as a Visa debit card issued and serviced by Wallester AS. This is a payment institution authorized by the Estonian Finantsinspektsioon. Ukraine is listed among the regions where the card is available. The conditions (fees, limits, cashback) are on the card page: they change, so we do not reproduce them here.
What to Pay Attention To
- Third-party provider. In Card Transfer and P2P Express, the deal is carried out by a partner outside the exchange. You accept its terms yourself.
- Card in your name. The payment must be made from the card you specified. The account and the card must both be yours.
- Rates and fees change. WhiteBIT writes that the fees on its page may change without notice. Check them before a deal.
- Bank. Transfers related to crypto may attract a bank’s attention. More details are in the article How to Withdraw Crypto to a Ukrainian Bank Card.
- Futures and margin. According to the help center, the exchange offers margin trading with leverage of up to 10x and futures with leverage of up to 100x. These are instruments with an increased risk of losing funds, and we do not consider them.
- Group structure. When the service is provided not by one company but by several, responsibility for a specific operation depends on the agreement. Read it before your first deposit.
Frequently Asked Questions
Is WhiteBIT licensed in Ukraine?
There is no licensing system for exchanges in Ukraine under a special law yet: Law No. 2074-IX has not come into force. The exchange states that it has VASP registrations in several jurisdictions and provides their list on request. Separately, the ESMA register has an entry for WhiteBIT EU (Austria), which concerns the European service.
How do I top up hryvnia on WhiteBIT?
Through Card Transfer (a transfer to the card of a P2P partner against a created invoice), the quick card purchase Quick Top Up, or P2P Express for USDT. Check the terms, fees and limits on the help center pages and on the fees page in the Fiat section.
Can I use WhiteBIT without verification?
Without verification, only demo tokens are available. Deposits, withdrawals, WhiteBIT codes and “Buy Crypto” require verification.
How much does trading on WhiteBIT cost?
The fees page lists 0.1% for takers and 0.1% for makers on spot. For some pairs they may differ, but they do not exceed these percentages, and the VIP program reduces them for active users.
Is WhiteBIT available to users in occupied territories?
The list of territories whose documents the exchange does not accept includes “temporarily occupied territories of Ukraine.” If this concerns you, clarify the conditions with the exchange’s support.
Should I keep funds on the exchange?
The exchange describes itself as a custodial platform: it holds the assets. This means a risk that is linked to the exchange itself. Keep only the amount needed for trades and do not put all of your savings at risk.
