Vilnius, Lithuania, December twentieth, 2024, Chainwire
Europe’s main cryptocurrency change, WhiteBIT, concludes the 12 months with notable achievements. The most recent estimates reveal the corporate’s capitalization has reached $38.9 billion, whereas the annual buying and selling quantity surged to $2.7 trillion — a 200% enhance in comparison with the earlier 12 months. These figures embody all change markets (spot and futures), showcasing the corporate’s speedy progress and the growing belief of its customers.
For context, WhiteBIT’s buying and selling quantity surpassed main gamers like Kraken, whose annual buying and selling quantity stood at $628 billion. WhiteBIT’s buying and selling quantity exceeds the GDP of nations like Italy or Canada and approaches the GDP of France, valued at $3 trillion.
In response to WhiteBIT Founder and CEO Volodymyr Nosov, this milestone displays the change’s revolutionary methods and strategic focus: “Reaching $2.7 trillion is the results of our devoted teamwork and the belief of our purchasers. We stay dedicated to creating cutting-edge applied sciences tailor-made to the wants of each retail and institutional merchants.”
High 2 in Site visitors
Within the fall of 2024, WhiteBIT secured its place because the second-most visited crypto change, with 33 million visits to the platform. This achievement positions it simply behind Binance, reflecting the regular curiosity in WhiteBIT’s companies.
Key Drivers of Progress
One of many main contributors to WhiteBIT’s file buying and selling quantity has been the onboarding of institutional purchasers. The change launched a market maker program tailor-made to the necessities of large-scale merchants. With low charges and rebates as excessive as -0.01%, this system offered situations for high-frequency buying and selling, drawing skilled merchants to the platform. Institutional loans additionally turned a cornerstone for constructing belief throughout the skilled group, enabling large-scale transactions.
The platform’s technical infrastructure additionally contributed, with options resembling colocation to scale back latency, sub-accounts for technique diversification, and a sturdy API supporting its companies for institutional purchasers.
The introduction of a brand new associates program contributed by participating communities of retail merchants, supporting person acquisition, and enhancing buying and selling exercise, which performed a job in WhiteBIT’s sturdy efficiency.
At the moment, the change serves over 1,300 institutional purchasers.
Increasing International Attain
Right now, over 30 million individuals worldwide use companies and merchandise from the WhiteBIT Group holding. These embrace the centralized change WhiteBIT, the crypto fee resolution Whitepay, the decentralized change WhiteSwap, the NFT market white.market, and the gaming platform Pocket Rocket. Moreover, WhiteBIT Group encompasses Whitechain, its proprietary blockchain, and WhiteBIT Coin (WBT), which has skilled 349.39% progress over the 12 months.
With 600+ buying and selling pairs and greater than 300 digital property, WhiteBIT continues to strengthen its aggressive edge within the world market.
In a current interview, CEO Volodymyr Nosov confirmed WhiteBIT’s plans to enter the US market.
Dedication to Safety
WhiteBIT stands out as probably the most safe cryptocurrency exchanges globally. Ranked amongst prime 5 in safety by CER.dwell, it’s the first crypto change to obtain the highest-level Cryptocurrency Safety Customary (CCSS) certification.
The platform additionally holds a Fee Card Trade Information Safety Customary (PCI DSS) certification, safeguarding buyer fee info, and has been acknowledged by Hacken for excellence in cybersecurity.
WhiteBIT stays dedicated to steady progress, solidifying its place within the worldwide market, and increasing its influence on the worldwide crypto ecosystem.
About WhiteBIT
WhiteBIT is the biggest European centralized cryptocurrency change based in Ukraine in 2018, affords over 600 buying and selling pairs, 300 property, and helps 9 fiat currencies. As a part of the WhiteBIT Group holding, the platform serves greater than 30 million clients globally. WhiteBIT collaborates with Visa, FACEIT, FC Barcelona, Trabzonspor, the Ukrainian nationwide soccer crew, and lifecell. The corporate is devoted to driving the widespread adoption of blockchain know-how in Ukraine and worldwide.
Contact
WhiteBIT PR Service
[email protected]