WhiteBIT, Europe’s leading cryptocurrency exchange, has seen significant growth in 2024, with a capitalization of $38.9 billion and an annual trading volume of $2.7 trillion. This represents a 200% increase from the previous year and positions WhiteBIT ahead of major players like Kraken. The exchange’s success can be attributed to its innovative strategies, dedicated teamwork, and focus on meeting the needs of both retail and institutional traders.
One key driver of WhiteBIT’s growth has been the onboarding of institutional clients through programs tailored to large-scale traders. These programs offer low fees, high rebates, and institutional loans to facilitate high-frequency trading and large-scale transactions. The exchange’s technical infrastructure, including features like colocation and sub-accounts, has also helped attract institutional clients and contributed to its strong performance in the market.
With over 30 million users worldwide, WhiteBIT offers a range of services through its holding company, including a centralized exchange, crypto payment solution, DEX, NFT marketplace, and gaming platform. The exchange supports over 600 trading pairs and more than 300 digital assets, solidifying its competitive edge in the global market. CEO Volodymyr Nosov has confirmed plans to enter the US market, further expanding WhiteBIT’s reach and impact on the global crypto ecosystem.
WhiteBIT places a strong emphasis on security and has been recognized as one of the most secure cryptocurrency exchanges globally. The platform holds top security rankings, including the highest-level CCSS certification and PCI DSS certification for safeguarding customer payment information. WhiteBIT’s commitment to continuous growth and excellence in cybersecurity has helped solidify its position in the international market and establish its reputation as a trusted exchange in the crypto industry.
As part of the WhiteBIT Group holding, the exchange collaborates with leading companies such as Visa, FACEIT, FC Barcelona, and the Ukrainian national football team to drive widespread adoption of blockchain technology. With a dedication to meeting the needs of its diverse customer base and a focus on innovation and security, WhiteBIT is well-positioned for continued success and growth in the rapidly evolving cryptocurrency landscape.
