diff --git a/freqtrade/configuration/config_validation.py b/freqtrade/configuration/config_validation.py
index ca0e01ba0..068364884 100644
--- a/freqtrade/configuration/config_validation.py
+++ b/freqtrade/configuration/config_validation.py
@@ -134,7 +134,12 @@ def _validate_whitelist(conf: Dict[str, Any]) -> None:
 
         if pl.get('method') == 'StaticPairList':
             stake = conf['stake_currency']
-            pairlist = conf['exchange'].get('pair_whitelist')
-            if not all([p.endswith(f'/{stake}') for p in pairlist]):
+            invalid_pairs = []
+            for pair in conf['exchange'].get('pair_whitelist'):
+                if not pair.endswith(f'/{stake}'):
+                    invalid_pairs.append(pair)
+
+            if invalid_pairs:
                 raise OperationalException(
-                    f"Stake-currency {stake} not compatible with pair-whitelist.")
+                    f"Stake-currency '{stake}' not compatible with pair-whitelist. "
+                    f"Please remove the following pairs: {invalid_pairs}")
diff --git a/tests/test_configuration.py b/tests/test_configuration.py
index 7f708934b..89ca74afa 100644
--- a/tests/test_configuration.py
+++ b/tests/test_configuration.py
@@ -801,7 +801,7 @@ def test_validate_whitelist(default_conf):
     conf = deepcopy(default_conf)
     conf['stake_currency'] = 'USDT'
     with pytest.raises(OperationalException,
-                       match="Stake-currency USDT not compatible with pair-whitelist."):
+                       match=r"Stake-currency 'USDT' not compatible with pair-whitelist.*"):
         validate_config_consistency(conf)