What do you think about WhiteBit exchange?

[defyance]

Never heard of whitebit exchange. Looks like a new exchange so better use it with caution. Why use a new exchange while there are many well known and old exchanges out there? About them storing 96% of the assets in cold storage, I think most of the exchanges does the same thing. Still be careful when storing your coins in that exchange. You might lose everything if they get hacked.

I think that traders get used to certain exchanges and reluctantly change their exchanges to strangers. Is that the exchange will offer users favorable conditions for the withdrawal of funds or non-standard trading tools.

[1714902703]

1714902703

[1714902703]

1714902703

[1714902703]

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[bitinka]

Well it sounds like a new exchange because I have never heard name this exchange. And after I traced there is still few information that provides feedback and reviews about this exchange. But from what I see, this exchange is quite interesting even though it was only launched this year, because development is quite rapid and entered into top 100 exchanges beat poloniex. I will try this exchange another time and I will share my experience here.

I just recently registered in whitebit on Sunday for the reason to sell some of my MB8 coins. Well, I am testing this exchange site, so far its good, the chat support is active and responsive. For the security, I don’t know yet, I am not yet submitting my personal details for KYC verification.

In general, you are having a good experience with this exchange but my advice is that you should not submit information to complete KYC because this is a very strange exchange for many people, we don't see its reputation in the market, rushing to send personal information is not good. In addition, you also do not often use this exchange when the market has too many good exchanges such as kucoin, binance, bittrex, sometimes you just need it for liquidity, no need to think about KYC confirmation when it's not needed

Indeed KYC is a problem for new exchanges like Whitebit because they don't have enough good reputation to trust. KYC is not a trivial matter because it concerns our privacy data, even exchanges such as binance still have a chance to experience data leakages, especially exchanges that have not been tested for safety, such as whitebit.

People do not like to transfer their personal data, but such a rule. Alas. With regard to Binance, I heard that the leak was a fake. Is it so I can’t presume to say so.

[bitmaster.bit]

I have never heard of this exchange. It looks pretty good, the design is comfortable. If really use cold wallets, then you don’t have to worry about security at all.

[bitinka]

Never heard of whitebit exchange. Looks like a new exchange so better use it with caution. Why use a new exchange while there are many well known and old exchanges out there? About them storing 96% of the assets in cold storage, I think most of the exchanges does the same thing. Still be careful when storing your coins in that exchange. You might lose everything if they get hacked.

I think that traders get used to certain exchanges and reluctantly change their exchanges to strangers. Is that the exchange will offer users favorable conditions for the withdrawal of funds or non-standard trading tools.

I think this is a matter of habit. If all the necessary tools for trading and withdrawing money are collected in one place, such an exchange will succeed. At this stage, you need to dampen money in marketing so that people know about it.

[artdor]

About this exchange I never heard and decided to watch. I tried to go to the site https://whitebit.com/ but it didn't work. Is this how it should be? or I'm doing something wrong.

Everything works fine for me without failures. Perhaps you got into technical work. I recently read about it on the Internet, it turns out that good volumes are being traded on it.

You can even make a banal analysis to understand how many people are sitting on this site and how much is traded there

How can this be done? I would like to check before trusting the new exchange my money.

[bitinka]

About this exchange I never heard and decided to watch. I tried to go to the site https://whitebit.com/ but it didn't work. Is this how it should be? or I'm doing something wrong.

Everything works fine for me without failures. Perhaps you got into technical work. I recently read about it on the Internet, it turns out that good volumes are being traded on it.

You can even make a banal analysis to understand how many people are sitting on this site and how much is traded there

How can this be done? I would like to check before trusting the new exchange my money.

I think a regular website analyzer will help here to understand what a domain name is and so on. But I think your fears are in vain.

[serantepe]

Also interested in it, does this exchange has necessary KYC verification? Thanks !

[TopTort777]

Is this exchange still/already working ? All I see is "WB" gif logo flying in the centre of the page.

[Crypto_hive]

Is this exchange still/already working ? All I see is "WB" gif logo flying in the centre of the page.

Yes, WhiteBit works and is pretty good. It’s more convenient and much easier for me than Binance. I’ll try to trade on it to understand what kind of liquidity.

[Renampun]

I have never tried WhiteBit exchange and just found out from here,
I'm not very interested in new exchanges,
I read the previous post in this thread and another thread,
and I think the review of this exchange is not so good.
https://bitcointalk.org/index.php?topic=5183691.msg52423967#msg52423967

[bitinka]

I have never tried WhiteBit exchange and just found out from here,
I'm not very interested in new exchanges,
I read the previous post in this thread and another thread,
and I think the review of this exchange is not so good.
https://bitcointalk.org/index.php?topic=5183691.msg52423967#msg52423967

People have the right to choose which service to use. Personally, I believe that the availability of additional tools like the new WhiteBit exchange is only positive. You can trade and not be afraid for your money.

[artdor]

About this exchange I never heard and decided to watch. I tried to go to the site https://whitebit.com/ but it didn't work. Is this how it should be? or I'm doing something wrong.

Everything works fine for me without failures. Perhaps you got into technical work. I recently read about it on the Internet, it turns out that good volumes are being traded on it.

You can even make a banal analysis to understand how many people are sitting on this site and how much is traded there

How can this be done? I would like to check before trusting the new exchange my money.

I think a regular website analyzer will help here to understand what a domain name is and so on. But I think your fears are in vain.

I would like this exchange to be appreciated by specialists, especially techies. Without an additional conclusion from reputable people, I would not deposit my money there.

[bitmaster.bit]

In any case, it is good that competition increases and each of the exchanges will try to make its own exchange even better, safer and more convenient. This is progress comrades.

[bitinka]

In any case, it is good that competition increases and each of the exchanges will try to make its own exchange even better, safer and more convenient. This is progress comrades.

I agree with you. It’s good news that there are new and very promising exchanges like this. In any case, Binance cannot remain the king of the cryptosphere for so long, new projects will come that will take part of the market from old exchanges.

[Nthert]

In any case, it is good that competition increases and each of the exchanges will try to make its own exchange even better, safer and more convenient. This is progress comrades.

I agree with you. It’s good news that there are new and very promising exchanges like this. In any case, Binance cannot remain the king of the cryptosphere for so long, new projects will come that will take part of the market from old exchanges.

Of course, i completely agree with you that there will be projects in the future that can calmly compete with giants such as Binance

[Xannad]

About this exchange I never heard and decided to watch. I tried to go to the site https://whitebit.com/ but it didn't work. Is this how it should be? or I'm doing something wrong.

Everything works fine for me without failures. Perhaps you got into technical work. I recently read about it on the Internet, it turns out that good volumes are being traded on it.

You can even make a banal analysis to understand how many people are sitting on this site and how much is traded there

How can this be done? I would like to check before trusting the new exchange my money.

I think a regular website analyzer will help here to understand what a domain name is and so on. But I think your fears are in vain.

I would like this exchange to be appreciated by specialists, especially techies. Without an additional conclusion from reputable people, I would not deposit my money there.

I agree, here you need the word of a real expert who has been trading on exchanges for a long time and knows how it all works correctly

[anth36jian]

In any case, it is good that competition increases and each of the exchanges will try to make its own exchange even better, safer and more convenient. This is progress comrades.

Right now, projects have begun to develop more actively in the market, and it pleases, new chips and developments began to appear, so there is some plus in this in the future

[maxreish]

I have been reading so many bad feedbacks about this whitebit exchange. One in our locak board and one in the scam accusations.

• https://bitcointalk.org/index.php?topic=5180607.0
• https://bitcointalk.org/index.php?topic=4933915.0

I won't recommend such exchange like that which had many complaints at the moment. They had some issues in terms of withdrawal and KYC thing.

[Nthert]

I have been reading so many bad feedbacks about this whitebit exchange. One in our locak board and one in the scam accusations.

• https://bitcointalk.org/index.php?topic=5180607.0
• https://bitcointalk.org/index.php?topic=4933915.0

I won't recommend such exchange like that which had many complaints at the moment. They had some issues in terms of withdrawal and KYC thing.

Where did this information come from? from trusted sources? I just guys used it, and there were no problems in the future

[Irvinn]

I have been reading so many bad feedbacks about this whitebit exchange. One in our locak board and one in the scam accusations.

• https://bitcointalk.org/index.php?topic=5180607.0
• https://bitcointalk.org/index.php?topic=4933915.0

I won't recommend such exchange like that which had many complaints at the moment. They had some issues in terms of withdrawal and KYC thing.

Where did this information come from? from trusted sources? I just guys used it, and there were no problems in the future

Many users, by personal example, are convinced of the honesty of the project or in their fraud.  Nevertheless, most people always react precisely to the feedback of other users about a particular resource.  But you need to take into account the fact that every review should be supported by facts, so as not to mislead people.  If there are negative statements, then it is necessary to give real evidence as an example.