I want to know your opinion :)

[alvin345]

I saw the topic of this project and here is their site https://whitebit.com, has someone already used it? can I trade there, I see what you think?

[OmegaStarScream]

There is already an ongoing discussion about the exchange: https://bitcointalk.org/index.php?topic=5183180.0

Personally, I see absolutely no reason to use it, especially that there are older and more reputable platforms out there.

[Xannad]

There is already an ongoing discussion about the exchange: https://bitcointalk.org/index.php?topic=5183180.0

Personally, I see absolutely no reason to use it, especially that there are older and more reputable platforms out there.

But what about young projects on the market? After all, they also have the right to life? competition will always be high

[Kemarit]

There is already an ongoing discussion about the exchange: https://bitcointalk.org/index.php?topic=5183180.0

Personally, I see absolutely no reason to use it, especially that there are older and more reputable platforms out there.

But what about young projects on the market? After all, they also have the right to life? competition will always be high

At this point? Traders prefer reputable exchanges over new minted exchanges. Young projects on the market are good, however, with the history of scam exits, KYC first before withdrawal, changing TOS on the fly, no volume, or faking it to look like the exchanges has a lot of liquidity, much better to stick with big exchanges today than take the risk that you might regret later, IMHO.

[pixie85]

There is already an ongoing discussion about the exchange: https://bitcointalk.org/index.php?topic=5183180.0

Personally, I see absolutely no reason to use it, especially that there are older and more reputable platforms out there.

But what about young projects on the market? After all, they also have the right to life? competition will always be high

They do but life isn't fair. If there's a big bank where everybody keeps money and you want to open your own what will you do to make people come to you? What will make them take out all their money and go from a reputable bank to a new one that nobody uses?

Why would I pay a fee to withdraw from Coinbase or Binance and move to this new exchange with lower volume?

[Ucy]

I have seen a post about whitebit exchange on this forum. Hope that is not where you found this website, as it could be scam. Do not deposit money on the exchange yet until you're absolutely sure it isn't fake exchange. Fake exchanges are probably popping up these days to accept funds from inexperienced people and disappear once enough has been collected.

[harizen]

But what about young projects on the market? After all, they also have the right to life? competition will always be high

They should give us the reason why will we use them. In today's status, trust is hard to earn and as much as possible people likes to stick with only reputable companies.

Yes, how those new companies will be trusted if they can't gather users so that somehow they will earn positive reviews? Then make something special to the point that it was unique. And from that, make hard and serious promotions so that people will a) think that they are here to compete with other strong projects b) to think that they are putting lots of money for this c) they are serious.


About Whitebit, no way people will just use them and "trust" them if the mode of advertisement is thru shilling the site via posting at several forums.

[Lanatsa]

There is already an ongoing discussion about the exchange: https://bitcointalk.org/index.php?topic=5183180.0

Personally, I see absolutely no reason to use it, especially that there are older and more reputable platforms out there.

But what about young projects on the market? After all, they also have the right to life? competition will always be high

Primary problem on most new services out there and if you don't able to pull out yourself into this challenge then expect you would joined up those failed project in the past.
We cant say that each new services are frauds or scams but we do see a higher rate into this situations that's why we cant really blame people not to be hesitant on using up new services and its much more wiser if we do just stick out to older and reputable ones if we do like to avoid possible headaches later on but well choice would be still yours if we decide to use them up but you should be prepare on possible scenarios would be faced of and by the way, I do see that this is some sort of side advertising than to be a query. hehe

[btc-facebook]

I already opened it, and it looks pretty good,
unfortunately I did not dare to risk registering there,
if it were me, I would avoid this exchange, the reason being the safety is still in doubt, even though it looks pretty good but that is not a guarantee.

[Nthert]

I already opened it, and it looks pretty good,
unfortunately I did not dare to risk registering there,
if it were me, I would avoid this exchange, the reason being the safety is still in doubt, even though it looks pretty good but that is not a guarantee.

It’s hard to believe a good picture on the Internet, especially in such a market, now you need to take a very deep approach to new projects and exchangers

[anth36jian]

I saw the topic of this project and here is their site https://whitebit.com, has someone already used it? can I trade there, I see what you think?

One can just give them sometimes to see how genuine they will be in time to since most of the big exchange today also started as a new exchange though am yet to check for more information about the legitimate of the site. If you really want to trade at the moment then just try and open an account with any of the legitimate once out there for now.

But will this project be able to compete in the future with such exchanges as Binance allowable? because he is a market leader

[suzanne5223]

In my opinion, I don't see anything bad in using the exchange site if ones are from the EU, Africa, South America etc since they already listed on the capital market, have some unique features which make them stand out but the KYC level of the exchange site which users are unable to withdraw funds unless they go through KYC is something I'm not in support.

[Kasabus]

In my opinion, I don't see anything bad in using the exchange site if ones are from the EU, Africa, South America etc since they already listed on the capital market, have some unique features which make them stand out but the KYC level of the exchange site which users are unable to withdraw funds unless they go through KYC is something I'm not in support.

As I believe it so, people are just confused and have doubts because it is new in the market.
It sometimes we give time for them to show or to prove that they can be trusted and gives what most investors wanted to see. We never just to accused them as another scamming exchange directly, it (maybe) could give us a satisfying service that the others can't do. I hope so.

[jrrsparkles]

There is already an ongoing discussion about the exchange: https://bitcointalk.org/index.php?topic=5183180.0

Personally, I see absolutely no reason to use it, especially that there are older and more reputable platforms out there.

But what about young projects on the market? After all, they also have the right to life? competition will always be high

Traders won't simply support the new exchanges,so new projects need to give better services and benefits to lure the traders because they are working for more profits.I don't know about the exchange you mentioned so possibly less volue exchange which will not be much convenient for the people who want to trade too often.

[rose9696]

I saw the topic of this project and here is their site https://whitebit.com, has someone already used it? can I trade there, I see what you think?

Whitebit is really an eye-catching exchange but its volume is quite small. If you are a person with a lot of money, you should not trade here because the liquidity is quite low and it is a new exchange.
quite risky and you should only trade in large exchanges like Binance, Huobi global, MXC, it is better.

[jaocoincrypto18]

I saw the topic of this project and here is their site https://whitebit.com, has someone already used it? can I trade there, I see what you think?

If you are doubtful with this exchanges then why not do the trading in much reliable exchanges? You could refer to https://coinmarketcap.com/ for the better coins and most reliable exchanges to ensure the safety of your assets. Just heard this exchanges but its not surprising as their are hundreds of exchanges to choose from in the market today.

[tadpole_bitfrog]

I saw the topic of this project and here is their site https://whitebit.com, has someone already used it? can I trade there, I see what you think?

I tried it, Withdraw always works fine and there is no problem with security or transaction quality. The fee is the same as the other exchanges, pretty good.
But one thing is that the trading volume is too low, I cannot trade much there and there is no stoploss system like in Binance.

[fullhdpixel]

I saw the topic of this project and here is their site https://whitebit.com, has someone already used it? can I trade there, I see what you think?

So long that it has to do with exchanges, it is quite a delicate matter that should be treated with care because of the security and safety of our money. Usually, I don’t deal with some of these upcoming exchanges, and any upcoming exchange has to really do more than this if they are to catch my attention.

I know that they have to start somewhere and without our supports, they would be nothing, but then, I have to consider my own money too and the safety of my money, so pardon me if I ask you never to use the exchange because it is a little unknown exchange and there are other great and popular exchanges that I can really vouch for and that would be exchanges that are 10, one of them is binance, kucoin and other you can search of their review on this forum.

[maxreish]

-snip..

As I believe it so, people are just confused and have doubts because it is new in the market.
It sometimes we give time for them to show or to prove that they can be trusted and gives what most investors wanted to see. We never just to accused them as another scamming exchange directly, it (maybe) could give us a satisfying service that the others can't do. I hope so.

New exchanges like OP have mentioned (Whitebit exchabge) is having a hard time to build their reputation since it was just launched this year. And since I haven't use such new exchange like that, tried to google it and I wasn't be able to search some feedbacks about it.

You can always test the exchange by depositing few bucks and if you can be able to withdrw from it without a problem and always see how secured the site is. So far, i visited the site and it's too early to judge.

[alvin345]

-snip..

As I believe it so, people are just confused and have doubts because it is new in the market.
It sometimes we give time for them to show or to prove that they can be trusted and gives what most investors wanted to see. We never just to accused them as another scamming exchange directly, it (maybe) could give us a satisfying service that the others can't do. I hope so.

New exchanges like OP have mentioned (Whitebit exchabge) is having a hard time to build their reputation since it was just launched this year. And since I haven't use such new exchange like that, tried to google it and I wasn't be able to search some feedbacks about it.

You can always test the exchange by depositing few bucks and if you can be able to withdrw from it without a problem and always see how secured the site is. So far, i visited the site and it's too early to judge.

It is clear that everything is very easy to verify, but what's the point of omitting your exchange by rating? because then, even on this, no one will earn