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WhiteBIT's Remarkable Growth and Global Expansion

Explore WhiteBIT's impressive achievements in cryptocurrency trading, global reach, and commitment to security.
Published on 2024-12-20

WhiteBIT's Impressive Growth

WhiteBIT, Europe's leading cryptocurrency exchange, ends the year with significant achievements. The company's capitalization has soared to $38.9 billion, and its annual trading volume has surged to $2.7 trillion, marking a 200% increase from the previous year. These figures highlight WhiteBIT's rapid growth and the increasing trust of its users.

Key Drivers of Success

A major factor in WhiteBIT's success is the onboarding of institutional clients. The introduction of a market maker program, tailored for large-scale traders, has been instrumental. This program offers low fees and high rebates, attracting professional traders. Institutional loans have further built trust within the community, facilitating large transactions.

The platform's robust technical infrastructure also plays a crucial role. Features like colocation for reduced latency, sub-accounts for strategy diversification, and a comprehensive API enhance its services for institutional clients. Additionally, a new affiliate program has engaged retail traders, boosting user acquisition and trading activity.

Expanding Global Reach

WhiteBIT's global presence is expanding, with over 30 million users worldwide. The WhiteBIT Group offers a range of services, including a centralized exchange, crypto payment solutions, a decentralized exchange, an NFT marketplace, and more. WhiteBIT Coin (WBT) has seen a remarkable 349.39% growth over the year.

The platform provides over 600 trading pairs and more than 300 digital assets, maintaining a competitive edge in the global market. CEO Volodymyr Nosov has announced plans to enter the US market, further expanding WhiteBIT's reach.

Commitment to Security

Security is a top priority for WhiteBIT, ranking among the top five most secure cryptocurrency exchanges globally. The platform has achieved the highest-level Cryptocurrency Security Standard (CCSS) certification and holds a Payment Card Industry Data Security Standard (PCI DSS) certification, ensuring the protection of customer payment information.

About WhiteBIT

Founded in Ukraine in 2018, WhiteBIT is the largest European centralized cryptocurrency exchange. It supports over 600 trading pairs, 300 assets, and nine fiat currencies, serving more than 30 million customers globally. Collaborating with major partners like Visa and FC Barcelona, WhiteBIT is dedicated to promoting blockchain technology adoption worldwide.

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