WhiteBIT Supported Countries | Available Outside Of Europe?
Mike Harry
Feb 2024
4 min read
Fact checked
Introduction: WhiteBIT is a popular European exchange that offers a diverse range of digital assets for trading. In this article, we will focus on providing an overview of the countries that WhiteBIT supports and those that are prohibited from using its services!
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.
The exchange supports a good range of over 270 cryptocurrencies including prominent ones like BTC, ETH, SOL, ATOM, USDT, and XRP.
Their services extend beyond the standard spot trading to include margin trading, futures with up to 100X leverage, and various earning products.
WhiteBIT is also accessible on both iOS and Android platforms with over 500,000 downloads to its credit.
Despite its Ukrainian roots, WhiteBIT is officially registered in Lithuania where the majority of its 200 employees are located.
WhiteBIT has built an estimated user base of around 4 million primarily concentrated in Europe even though the exchange is available in 190 countries.
Some of the countries supported by WhiteBIT include all the countries in Europe including Germany, France, italy, Sweden, Portugal, Poland and most countries in Asian and South America.
WhiteBIT Restricted & Banned countries
In terms of countries that are restricted from using the WhiteBIT exchange, the most notable exceptions include the United States, Canada, Spain, the Virgin Islands and countries sanctioned by OFAC.
Is WhiteBIT licensed and regulated?
WhiteBIT is a regulated cryptocurrency exchange that started its operations in 2018.
The exchange holds legitimate licenses permitting it to conduct transactions involving both fiat and cryptocurrencies in Lithuania
Is WhiteBIT available in the US?
At the time of writing, WhiteBIT is not available in the United States as it has not applied for nor received a license from FinCEN.
We recommend US citizens who safely want to invest in cryptocurrencies like Bitcoin to signup to FinCEN regulated eToro.
Can I use WhiteBIT in the UK?
Although WhiteBIT is primarily based in Estonia, it provides its services to users worldwide. In the United Kingdom, the regulatory environment surrounding cryptocurrencies has been relatively progressive.
The UK Financial Conduct Authority (FCA) has implemented a registration scheme for cryptocurrency exchanges to ensure compliance with anti-money laundering and counter terrorism financing regulations.
As WhiteBIT complies with these regulations, it is eligible to offer its services to UK residents.
Can I use WhiteBIT in Canada?
At the time of writing, WhiteBIT is not permitted to operate in Canada and as such is not available to Canadian citizens.
Is WhiteBIT legit?
WhiteBIT is a legit exchange that is regulated in Europe and that has safely and responsibly been operating for over 5 years.
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.
