WhiteBIT Celebrates 5 Million Users Milestone, Reinforces Role as a Prominent Player in Europe's Cryptocurrency Sector

As WhiteBIT approaches its 6th anniversary in November, the exchange continues to reinforce its role as a prominent player in Europe's cryptocurrency sector

Vilnius, Lithuania, October 30th, 2024, FinanceWire — As WhiteBIT approaches its 6th anniversary in November, the exchange continues to solidify its position as a major player in Europe’s cryptocurrency landscape, thanks to a focus on user experience, security, and strategic partnerships.

WhiteBIT, one of Europe's largest centralized crypto exchanges, is pleased to announce that it has reached a significant milestone by surpassing 5 million users. In the last year, WhiteBIT has gained over 1 million new users, more than doubling its user base since 2022. The platform's trading volume across spot and futures markets has reached $1 trillion, and its B2B services now cater to over 1,000 business clients. This growth showcases the increasing trust among investors in WhiteBIT as a secure platform for digital asset trading.

“Our goal from the beginning has been to make cryptocurrency accessible, secure, and trusted across Europe and beyond. Hitting 5 million users is not just a statistic; it is a testament to our dedication. We continue to prioritize continuous innovation and building trust in the digital economy,” comments Volodymyr Nosov, CEO of WhiteBIT.

Partnerships Fuel Growth

Partnerships have been a key component of WhiteBIT's growth strategy. Collaborations with major football clubs and organizations, including FC Barcelona, FC Trabzonspor, and the Ukrainian national football team, as well as FACEIT in e-sports, have amplified its brand presence. Furthermore, WhiteBIT has forged an alliance with Georgia's Hash Bank.

For its institutional clients, WhiteBIT has partnered with Fireblocks, a leader in digital asset management, which enhances its services for businesses seeking to expand in the crypto space.

Expanding Ecosystem, Advancing Technology

WhiteBIT has also made strategic advances in blockchain technology, launching its rebranded blockchain, Whitechain, which has already processed 50 million transactions and facilitated 25,000 NFTs. Additionally, WhitePool, the exchange's Bitcoin mining pool, has been ranked among the top 15 mining pools globally and is now one of the largest mining pools backed by a centralized exchange.

Global Expansion, Unwavering Commitment to Security

WhiteBIT has been rapidly expanding its presence beyond Europe, establishing offices in Australia, Georgia, the UK, and Turkey. With a team of over 1,100 professionals worldwide, WhiteBIT is continuously increasing its international footprint while maintaining its Ukrainian roots.

As it grows, security remains a top priority for WhiteBIT. According to cer.live, the exchange is consistently ranked among the top five most secure platforms. Its robust security protocols, including WAF firewalls, strict AML policies, and mandatory KYC procedures, recently earned WhiteBIT the Hacken Security Award 2024 at TOKEN2049 in Singapore.

WhiteBIT continues to lead the way in blockchain innovation, driving technological advancements and supporting the global cryptocurrency community. As the exchange grows, it empowers users and businesses to engage with digital assets while closing the gap between traditional finance and the evolving world of cryptocurrency.

About WhiteBIT

WhiteBIT, founded in 2018, is one of the largest centralized crypto exchanges in Europe. It offers over 600 trading pairs, 300 digital assets, and supports 9 national currencies. WhiteBIT is an official partner of the Ukrainian national football team, FC Barcelona, FC Trabzonspor, and FACEIT. The exchange is committed to advancing blockchain technology and ensuring compliance with regulatory standards in all jurisdictions where it operates.

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