How legit is WhiteBIT?

I've been hearing a lot about WhiteBIT lately, but I'm still not sure if it's a trustworthy platform. Can you tell me more about its legitimacy? What kind of regulations does it follow? How does it ensure the safety of its users' funds? Are there any known security breaches or issues with the platform? Additionally, what are the fees like for trading and withdrawing funds on WhiteBIT? I'd like to have a clear understanding of these factors before making any decisions to use the platform.