Chainwire, Vilnius, Lithuania, December 20, 2024
WhiteBIT, Europe's main crypto alternate, ended the 12 months with notable achievements. In response to the most recent estimates, the corporate's capital has reached $38.9 billion, and its annual buying and selling quantity has surged to $2.7 trillion, a rise of 200% year-on-year. These figures cowl all international alternate markets (spot and futures) and reveal the corporate's fast development and rising consumer confidence.
For context, WhiteBIT's buying and selling quantity exceeded bigger firms like Kraken, which had annual buying and selling quantity of $628 billion. WhiteBIT's buying and selling quantity exceeds the GDP of nations equivalent to Italy and Canada, and approaches the GDP of France, which is price $3 trillion.
In response to WhiteBIT Founder and CEO Volodymyr Nosov, this milestone displays the alternate's modern technique and strategic focus. We stay dedicated to growing cutting-edge know-how to fulfill the wants of each retail merchants and institutional traders. ”
High 2 in visitors
Within the fall of 2024, WhiteBIT secured its place because the second most visited crypto alternate with 33 million platform visits. This observe file displays regular curiosity in WhiteBIT's companies, inserting it simply behind Binance.
Principal drivers of development
One of many key components behind WhiteBIT's file buying and selling quantity is the onboarding of institutional prospects. The alternate has launched a market maker program tailor-made to the necessities of huge merchants. This system provides situations for high-frequency buying and selling with low commissions and rebates as little as -0.01%, attracting skilled merchants to the platform. Institutional financing additionally offered the idea for constructing belief inside the skilled group and enabled large-scale transactions.
The platform's know-how infrastructure, with options equivalent to colocation to scale back latency, sub-accounts for strategic diversification, and sturdy APIs to assist companies for institutional prospects, additionally contributed.
The introduction of the brand new associates program contributed to WhiteBIT's robust efficiency by partaking the retail dealer group, supporting consumer acquisition, and enhancing buying and selling exercise.
The alternate at present serves greater than 1,300 institutional prospects.
Increasing your world attain
Right now, greater than 30 million folks world wide use WhiteBIT Group's companies and merchandise. These embody centralized alternate WhiteBIT, cryptocurrency cost resolution Whitepay, decentralized alternate WhiteSwap, NFT market white.market, and gaming platform Pocket Rocket. Moreover, the WhiteBIT Group consists of its personal blockchain, Whitechain, and WhiteBIT Coin (WBT), which has grown by 349.39% yearly.
WhiteBIT has over 600 buying and selling pairs and over 300 digital belongings and continues to strengthen its competitiveness within the world market.
In a current interview, CEO Volodymyr Nosov confirmed WhiteBIT's plans to enter the US market.
Safety initiatives
WhiteBIT stands out as one of the crucial safe cryptocurrency exchanges globally. Ranked within the prime 5 for safety by CER.dwell, it’s the first cryptocurrency alternate to obtain the very best degree of Cryptocurrency Safety Commonplace (CCSS) certification.
The platform can be Cost Card Business Knowledge Safety Commonplace (PCI DSS) licensed to guard buyer cost info and has been acknowledged by Hacken for excellence in cybersecurity.
WhiteBIT is dedicated to persevering with its development, solidifying its place within the worldwide market and increasing its impression on the worldwide cryptocurrency ecosystem.
About White Bit
Based in Ukraine in 2018, WhiteBIT is Europe's largest centralized cryptocurrency alternate, providing over 600 buying and selling pairs, 300 belongings and supporting 9 fiat currencies. As a part of the WhiteBIT Group's holdings, the platform serves greater than 30 million prospects worldwide. WhiteBIT cooperates with Visa (NYSE:), FACEIT, FC Barcelona, Trabzonspor, the Ukrainian nationwide soccer crew, and lifecell. The corporate is devoted to selling the adoption of blockchain know-how in Ukraine and world wide.
contactWhiteBIT PR Service[email protected]
This text was initially printed on Chainwire
