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.
| Company | ||
|---|---|---|
| User rating | 18 user reviews | 7 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 18 user reviews | 7 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
SimpleFX is a trading platform supporting different classes of assets including cryptocurrency. The platform was founded in 2014. It is registered in Saint Vincent and the Grenadines.
|
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
| Saint Vincent and the Grenadines | Lithuania |
Type
| Centralized | Centralized |
Languages
| English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Dutch, Vietnamese, Turkish, Indonesian, Malay, Hindi, Arabic, Thai, Romanian | English, Japanese, Spanish, Russian, Chinese, Ukrainian, Estonian |
Mobile app
| iOS, Android | iOS, Android |
Full address
| No data | No data |
Fees
| No data | No data |
| About |
SimpleFX is a trading platform supporting different classes of assets including cryptocurrency. The platform was founded in 2014. It is registered in Saint Vincent and the Grenadines.
|
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 Saint Vincent and the Grenadines | Country Lithuania |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Japanese, Portuguese, German, French, Spanish, Italian, Korean, Russian, Chinese, Dutch, Vietnamese, Turkish, Indonesian, Malay, Hindi, Arabic, Thai, Romanian | Languages English, Japanese, Spanish, Russian, Chinese, Ukrainian, Estonian |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address No data | Full address No data |
| Fees | Fees No data | Fees No data |
Trading
SimpleFX trading volume is 0. The exchange has 16 available trading pairs. Fiat trading is not available on the exchange. Margin trading is 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
| 0 | 0 |
Pairs
| 16 | 188 |
Coins
| 16 | 95 |
Fiat trading
| - | - |
Deposit
| Free | Depends on currency and volume |
Fees
| No Fees | Percentage |
Margin
| Volume | Volume 0 | Volume 0 |
|---|---|---|
| Pairs | Pairs 16 | Pairs 188 |
| Coins | Coins 16 | Coins 95 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Free | Deposit Depends on currency and volume |
| Fees | Fees No Fees | 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
| simplefx.com | whitebit.com |
| @SimpleFXcom | @whitebit |
Number of followers
| 2300 | 81000 |
| Website | Website simplefx.com | Website whitebit.com |
|---|---|---|
| Twitter @SimpleFXcom | Twitter @whitebit | |
| Number of followers | Number of followers 2300 | Number of followers 81000 |
Rating
| User rating | 18 user reviews | 7 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
SimpleFX user rating is 5, based on 18 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? |
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.