{"id":45376,"date":"2025-01-15T16:40:57","date_gmt":"2025-01-15T16:40:57","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/whitebit-sets-a-new-benchmark-crypto-exchange-achieves-2-7t-in-annual-trading-volume-and-38-9b-in-capitalization\/"},"modified":"2025-01-15T16:40:57","modified_gmt":"2025-01-15T16:40:57","slug":"whitebit-sets-a-new-benchmark-crypto-exchange-achieves-2-7t-in-annual-trading-volume-and-38-9b-in-capitalization","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/whitebit-sets-a-new-benchmark-crypto-exchange-achieves-2-7t-in-annual-trading-volume-and-38-9b-in-capitalization\/","title":{"rendered":"WhiteBIT sets a new benchmark: crypto exchange achieves $2.7T in annual trading volume and $38.9B in capitalization"},"content":{"rendered":"

(Originally posted on : Invezz )<\/b>
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WhiteBIT, Europe\u2019s leading cryptocurrency exchange, has wrapped up an impressive year<\/a>, achieving significant milestones. <\/p>\n

The company\u2019s valuation has reached $38.9 billion, with its annual trading volume soaring to $2.7 trillion \u2014 a remarkable 200% increase from the previous year. <\/p>\n

These figures, which include both spot and futures markets, reflect the exchange’s rapid expansion and growing trust among its users.<\/p>\n

To put these numbers in perspective, WhiteBIT\u2019s trading volume far exceeds that of major players like Kraken, which recorded an annual trading volume of $628 billion. <\/p>\n

WhiteBIT’s trading volume now surpasses the GDP of nations such as Italy and Canada and is nearing France\u2019s GDP of $3 trillion.<\/p>\n

Volodymyr Nosov, Founder and CEO of WhiteBIT, attributes this achievement to the company\u2019s innovative approach and strategic focus: <\/p>\n

\u201cReaching $2.7 trillion in trading volume is the result of our team\u2019s dedication and the trust our clients place in us. We remain committed to developing cutting-edge technology to meet the needs of both retail and institutional traders.\u201d<\/p>\n

WhiteBIT ranks among the top 2 in traffic<\/h2>\n

In the fall of 2024, WhiteBIT secured its place as the second-most visited cryptocurrency exchange, with the platform receiving 33 million visits. <\/p>\n

This achievement places it just behind Binance, underscoring the growing demand for WhiteBIT\u2019s services.<\/p>\n

Key growth drivers<\/h2>\n

A major factor behind WhiteBIT\u2019s record-breaking trading volume has been the platform\u2019s focus on onboarding institutional clients. <\/p>\n

The exchange introduced a market maker program designed to meet the needs of large-scale traders. <\/p>\n

Offering low fees and rebates as high as -0.01%, the program attracted high-frequency traders. <\/p>\n

Institutional loans also helped build trust within the professional community, enabling large transactions.<\/p>\n

Additionally, WhiteBIT\u2019s technical infrastructure played a crucial role. <\/p>\n

Features such as colocation to reduce latency, sub-accounts for strategy diversification, and a robust API made it a reliable partner for institutional clients.<\/p>\n

The launch of a new affiliate program also contributed to WhiteBIT\u2019s growth by engaging large communities of retail traders, boosting user acquisition, and enhancing trading activity.<\/p>\n

Currently, WhiteBIT serves over 1,300 institutional clients.<\/p>\n

Expanding global footprint<\/h2>\n

Today, over 30 million users worldwide rely on WhiteBIT Group\u2019s products and services. <\/p>\n

These include the centralized exchange WhiteBIT, crypto payment solution Whitepay, decentralized exchange WhiteSwap, NFT marketplace white.market, and gaming platform Pocket Rocket. <\/p>\n

The WhiteBIT Group also operates Whitechain, its proprietary blockchain, and WhiteBIT Coin (WBT), which has seen impressive growth of 349.39% over the year.<\/p>\n

Boasting more than 600 trading pairs and 300+ digital assets, WhiteBIT continues to expand its competitive edge globally. <\/p>\n

Volodymyr Nosov has also confirmed the company\u2019s plans to enter the US market soon.<\/p>\n

Commitment to security<\/h2>\n

WhiteBIT<\/a> is recognized as one of the most secure cryptocurrency exchanges in the world. <\/p>\n

Ranked in the top five for security by CER.live, it is the first crypto exchange to obtain the highest-level Cryptocurrency Security Standard (CCSS) certification. <\/p>\n

WhiteBIT also holds the Payment Card Industry Data Security Standard (PCI DSS) certification, ensuring the protection of customer payment information, and has been commended by Hacken for excellence in cybersecurity.<\/p>\n

WhiteBIT remains focused on continuous growth, further solidifying its position in the global market while expanding its impact on the cryptocurrency ecosystem.<\/p>\n

The post WhiteBIT sets a new benchmark: crypto exchange achieves $2.7T in annual trading volume and $38.9B in capitalization<\/a> appeared first on Invezz<\/a><\/p>\n

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(Originally posted on : Invezz ) WhiteBIT, Europe\u2019s leading cryptocurrency exchange, has wrapped up an impressive year, achieving significant milestones. The company\u2019s valuation has reached $38.9 billion, with its annual trading volume soaring to $2.7 trillion \u2014 a remarkable 200% increase from the previous year. These figures, which include both spot and futures markets, reflect […]<\/p>\n","protected":false},"author":3947362382,"featured_media":45377,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[38],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/45376"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362382"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=45376"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/45376\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/45377"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=45376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=45376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=45376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}