Compare Bitso vs WhiteBIT

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On this page, you can compare Bitso 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. Bitso was founded in 2014 in Mexico. 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 Bitso. 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.

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

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

Bitso has 3 languages available, including English, Portuguese and Spanish. WhiteBIT has 7 languages available, including English, Japanese, Spanish, Russian, Chinese, Ukrainian and Estonian.

Company
User rating User rating 4.3 / 5 14 user reviews User rating 4.1 / 5 7 user reviews
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4.2 / 5
Trust Score How it works Trust Score 4.23 / 5 Trust Score 4.19 / 5

User rating

4.3 / 5 14 user reviews 4.1 / 5 7 user reviews

Cryptogeek rating

4 / 5 4.2 / 5

Trust Score

How it works
4.23 / 5 4.19 / 5

About

Bitso is the first exchange to enable pesos/BTC trading in Mexico. Although, BTC has a limited book and can’t buy or sell BTC directly. The exchange has a mobile app on Android and IOS , API and the cold storage. Bitso provides a great support for their traders and offers different educational materials for the new investors. But at same time platform doesn’t have the margin trade and has the variable fees from a maximum of 1% to a minimum of 0.1%. The platform has a good security. Bitso initiates the KYC involving three levels of verification, which determine the limits on a trading account. 
WhiteBIT is a centralized crypto-to-fiat cryptocurrency exchange launched in 2018. The exchange is notable for its wide functionality and strong security. Apart from trading and exchanging fiat money for crypto and vice versa, WhiteBIT users can enjoy such features as margin trading, staking, P2P platform, trading competitions, etc. WhiteBIT claims to have cutting-edge technology that allows quick transactions and matching.

Founding Date

2014 2018

Country

Mexico Lithuania

Type

Centralized Centralized

Languages

English, Portuguese, Spanish English, Japanese, Spanish, Russian, Chinese, Ukrainian, Estonian

Mobile app

iOS, Android iOS, Android

Full address

Bitso HQ Campos Eliseos 400 601B Col. Polanco Reforma México DF, México 11530 No data

Fees

1.00% - 0.10% (BTC/MXN)
1.00% - 0.10% (ETH/MXN)
0.80% - 0.10% (XRP/BTC)
0.80% - 0.10% (XRP/MXN)
1.00% - 0.10% (ETH/BTC)
0.50% (BCH/BTC)
No data
About
Bitso is the first exchange to enable pesos/BTC trading in Mexico. Although, BTC has a limited book and can’t buy or sell BTC directly. The exchange has a mobile app on Android and IOS , API and the cold storage. Bitso provides a great support for their traders and offers different educational materials for the new investors. But at same time platform doesn’t have the margin trade and has the variable fees from a maximum of 1% to a minimum of 0.1%. The platform has a good security. Bitso initiates the KYC involving three levels of verification, which determine the limits on a trading account. 
WhiteBIT is a centralized crypto-to-fiat cryptocurrency exchange launched in 2018. The exchange is notable for its wide functionality and strong security. Apart from trading and exchanging fiat money for crypto and vice versa, WhiteBIT users can enjoy such features as margin trading, staking, P2P platform, trading competitions, etc. WhiteBIT claims to have cutting-edge technology that allows quick transactions and matching.
Founding Date Founding Date 2014 Founding Date 2018
Country Country Mexico Country Lithuania
Type Type Centralized Type Centralized
Languages Languages English, Portuguese, Spanish Languages English, Japanese, Spanish, Russian, Chinese, Ukrainian, Estonian
Mobile app Mobile app iOS, Android Mobile app iOS, Android
Full address Full address Bitso HQ Campos Eliseos 400 601B Col. Polanco Reforma México DF, México 11530 Full address No data
Fees Fees 1.00% - 0.10% (BTC/MXN)
1.00% - 0.10% (ETH/MXN)
0.80% - 0.10% (XRP/BTC)
0.80% - 0.10% (XRP/MXN)
1.00% - 0.10% (ETH/BTC)
0.50% (BCH/BTC)
Fees No data

Trading

Bitso trading volume is 2,841,151.0. The exchange has 17 available trading pairs. Fiat trading is available on the exchange. Margin trading is not available.

WhiteBIT trading volume is 0. The exchange has 188 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.

Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.

Volume

2841151 0

Pairs

17 188

Coins

10 95

Fiat trading

-

Deposit

Depends on currency and volume Depends on currency and volume

Fees

Percentage Percentage

Margin

-
Volume Volume 2841151 Volume 0
Pairs Pairs 17 Pairs 188
Coins Coins 10 Coins 95
Fiat trading Fiat trading Fiat trading -
Deposit Deposit Depends on currency and volume Deposit Depends on currency and volume
Fees Fees Percentage Fees Percentage
Margin Margin - Margin

Safety

Two factor authentication

Verified

Unverified Verified
Two factor authentication Two factor authentication Two factor authentication
Verified Verified Unverified Verified Verified

Social

Website

bitso.com whitebit.com

Twitter

@bitso @whitebit

Number of followers

24695 81000
Website Website bitso.com Website whitebit.com
Twitter Twitter @bitso Twitter @whitebit
Number of followers Number of followers 24695 Number of followers 81000

Rating

User rating User rating 4.3 / 5 14 user reviews User rating 4.1 / 5 7 user reviews
Cryptogeek rating Cryptogeek rating 4 / 5 Cryptogeek rating 4.2 / 5

Cryptogeek summary

Bitso user rating is 4.3, based on 14 user reviews. WhiteBIT user rating is 4.1, based on 7 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each exchange.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
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Trust Score: 4.23 / 5
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Trust Score: 4.19 / 5
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On this page, you can compare Bitso 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. Bitso was founded in 2014 in Mexico. 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 Bitso. 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.

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

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

Bitso has 3 languages available, including English, Portuguese and Spanish. WhiteBIT has 7 languages available, including English, Japanese, Spanish, Russian, Chinese, Ukrainian and Estonian.