Compare SimpleFX vs WhiteBIT

On this page, you can compare SimpleFX with WhiteBIT. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.

At the end of this page, you can see our final ratings for both exchanges.

In the table below you can see general information on both exchanges. SimpleFX was founded in 2014 in Saint Vincent and the Grenadines. WhiteBIT was founded in 2018 in Lithuania.

When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is SimpleFX. At the same time, newer projects may be more technologically advanced.

You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.

SimpleFX is Centralized and WhiteBIT is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.

SimpleFX has a mobile app available for iOS and Android. WhiteBIT has a mobile app available for iOS and Android.

SimpleFX has 19 languages available, including English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Dutch, Vietnamese, Turkish, Indonesian, Malay, Hindi, Arabic, Thai and Romanian. WhiteBIT has 7 languages available, including English, Japanese, Spanish, Russian, Chinese, Ukrainian and Estonian.