Is WhiteBIT a Scam? Regulation Check 2026
The WhiteBIT entry was pulled from the VASP (Lithuania) register. This is what the public record returns.
Verdict
The record clears WhiteBIT: it holds VASP (Lithuania) registration, which clears it to offer trading in Lithuania.
How to verify on the official register
| Regulator | VASP (Lithuania) VASP (Lithuania) |
| Registration status | Registered |
| Regulated Entity | WhiteBIT UAB |
| Founded | 2018 |
What VASP (Lithuania) regulation means
Under VASP (Lithuania), an exchange must ring-fence client funds in segregated accounts, carry negative balance protection, and open its books to independent audit. A complaint can be filed with VASP (Lithuania) directly.
What the VASP (Lithuania) registration buys you
- Client funds ring-fenced in segregated accounts, apart from WhiteBIT's own capital
- Negative balance protection, so a loss cannot run past the deposit
- A direct line to VASP (Lithuania) for a complaint should WhiteBIT leave one unresolved
- Independent financial audits of WhiteBIT, run on a schedule under VASP (Lithuania) oversight
Frequently Asked Questions
Is WhiteBIT a scam or legitimate?
The record clears WhiteBIT. It holds VASP (Lithuania) registration, and VASP (Lithuania) ranks among the most respected financial regulators, the entry confirms in public on the VASP (Lithuania) register.
How do I check WhiteBIT's VASP (Lithuania) licence?
Open the official VASP (Lithuania) site and run its register search. Search for the entity name; the entry returns WhiteBIT's authorisation status and the exact scope of its permissions.
Are my funds safe with WhiteBIT?
Under VASP (Lithuania), WhiteBIT is required to hold client funds in segregated bank accounts, walled off from company money, cover that stands even if WhiteBIT runs into trouble.
What protection do I have as a WhiteBIT client in Lithuania?
In Lithuania, WhiteBIT answers to VASP (Lithuania). On the record that means segregated client funds, negative balance protection (losses cannot run past your deposit), and a direct channel to file a complaint with VASP (Lithuania).
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