Vilnius, Lithuania, October 30, 2024 — WhiteBIT, a leading centralized crypto exchange in Europe, is excited to announce that it has surpassed a significant milestone of 5 million users. Over the past year, the platform has welcomed more than 1 million new users, effectively doubling its user base since 2022. With a trading volume exceeding $1 trillion across both spot and futures markets, and B2B services supporting over 1,000 business clients, this surge highlights the growing confidence in WhiteBIT as a secure venue for digital asset trading.
Milestone Achievement and Vision
Commenting on this achievement, Volodymyr Nosov, the CEO of WhiteBIT, states, “Our mission from the start has been to make cryptocurrency accessible, secure, and trusted across Europe and beyond. Hitting 5 million users is more than just a number—it’s a validation of our efforts. We keep focusing on continuous innovation and fostering trust in the digital economy.” This reflects WhiteBIT’s commitment to enhancing user experience and technological advancement in the evolving crypto landscape.
Driving Growth Through Strategic Partnerships
Partnerships have played a crucial role in accelerating WhiteBIT’s growth. The exchange has forged relationships with prominent football clubs, including FC Barcelona, FC Trabzonspor, and the Ukrainian national team, along with collaborations in the esports domain like FACEIT. These partnerships not only enhance brand visibility but also reinforce WhiteBIT’s position in the fintech sector, exemplified by its alliance with Hash Bank in Georgia.
Additionally, WhiteBIT’s partnership with Fireblocks, a leader in digital asset management, fortifies its services tailored for institutional clients, enabling businesses to thrive in the cryptocurrency arena.
Technological Innovations and a Growing Ecosystem
In its efforts to innovate, WhiteBIT launched its rebranded blockchain, Whitechain, which has impressively processed 50 million transactions and facilitated the creation of 25,000 NFTs. Furthermore, WhitePool, WhiteBIT’s Bitcoin mining pool, is now recognized among the top 15 mining pools globally, becoming the largest mining pool supported by a centralized exchange.
Global Expansion and Security Commitment
WhiteBIT is rapidly expanding its international presence beyond Europe, establishing offices in Australia, Georgia, the UK, and Turkey. The company boasts a growing team of over 1,100 professionals worldwide, while proudly maintaining its roots in Ukraine. As they expand, WhiteBIT places a high priority on security. Ranking consistently among the top five most secure exchanges according to cer.live, WhiteBIT employs robust security measures including WAF firewalls, stringent AML policies, and mandatory KYC protocols. These efforts contributed to the exchange receiving the prestigious Hacken Security Award 2024 at TOKEN2049 in Singapore.
Championing Blockchain Innovation
WhiteBIT remains at the forefront of blockchain innovation, fostering technological advancements, and supporting the global cryptocurrency community. As the exchange continues to grow, it empowers users and businesses to engage with digital assets while bridging the gap between traditional finance and the dynamic realm of cryptocurrency.
About WhiteBIT
Founded in 2018, WhiteBIT has become one of the largest centralized crypto exchanges in Europe, offering a wide range of trading options with over 600+ trading pairs and 300+ digital assets in support of 9 national currencies. The platform has established itself as an official partner of esteemed teams such as the Ukrainian national football team, FC Barcelona, FC Trabzonspor, and FACEIT. WhiteBIT is committed to driving blockchain technology forward and adhering to regulatory standards across all jurisdictions.
For press inquiries, please contact the WhiteBIT PR Service at [email protected].