As a seasoned crypto investor with over a decade of experience navigating the volatile digital asset market, witnessing Bitunix’s meteoric rise to becoming the 13th global exchange by trust score on CoinGecko is nothing short of exhilarating. Having been burnt in the past by exchanges lacking transparency and security, I can attest that Bitunix’s Proof of Reserves (PoR) initiative is a game-changer.
Dubai, United Arab Emirates, September 9th, 2024, Chainwire
On September 2, 2024, Bitunix, a swiftly expanding name in the cryptocurrency exchange sector, achieved a notable milestone by securing the 13th position among global exchanges on CoinGecko, based on trust score. This accomplishment follows Bitunix’s groundbreaking step of disclosing its reserves, a decision made possible through the adoption of Proof of Reserves (PoR), a pioneering move that has elevated industry transparency to unprecedented levels.
Sharing their Proof of Reserves strengthens Bitunix’s standing as one of the world’s most reliable, fluid, and open derivatives exchanges in terms of security, liquidity, and transparency within the cryptocurrency market. They have earned a position among the leading names in the crypto sector.
Factors Behind Bitunix’s Growth
In simple terms, the world of cryptocurrency includes over 1,000 trading platforms, making it a challenging landscape for newcomers to establish themselves. However, Bitunix, an exchange that specializes in crypto derivatives, has successfully ascended through the ranks by implementing unique strategies to ensure a transparent and secure platform suitable for traders of all types.
Bitunix’s Proof of Reserves (PoR) program ensures users that their assets are backed by genuine, verifiable reserves, establishing a standard for transparency. Moreover, the platform offers an easy-to-use interface where users can effortlessly execute trades right on the chart, enhancing the overall user experience significantly. Furthermore, Bitunix maintains high liquidity across over 250 trading pairs and provides round-the-clock customer support for added convenience.
A Testimony For Crypto Users
On CoinGecko, an influential and reliable platform in the cryptosphere, exchanges are assessed using criteria such as transparency, safety, and market liquidity to determine their Trust Score. A high ranking on CoinGecko isn’t just a mere figure; it often symbolizes endorsement from a large portion of the crypto user community, reflecting trust and confidence in the exchange.
The combined ratings underscore Bitunix’s standing as a dependable and user-focused platform. With the introduction of PoR, Bitunix aligns itself alongside other reputable exchanges like Bybit, OKX, and Bitget, strengthening its trustworthiness and allure. Remarkably, this triumph coincides with another significant milestone for Bitunix – surpassing 1 million users in a short span of time.
Other reliable sources and rankings are confirming Bitunix’s accomplishments as well. This confirmation comes through various means such as displaying the exchange’s transaction proof or placing it at the top of their rankings. Examples of such platforms include Coinmarketcap and DeFiLlama.
This accomplishment underscores Bitunix’s advancement towards its goal of being the foremost derivatives exchange globally. Each significant step taken by Bitunix brings users one step closer to a platform where trading is seamless, safe, transparent, and progressively fluid. The company also emphasizes on their social media platforms that this is merely the start, as 2024 promises major updates which they believe will fundamentally transform how cryptocurrency trading has been conducted so far.
About Bitunix
As a global crypto investor, I’ve come across Bitunix – a cutting-edge derivatives exchange established in 2021. This platform is committed to delivering intelligent, social, secure, and affordable trading solutions for its users like me. What sets Bitunix apart is their expertise in both spot and perpetual futures trading, offering over 250 trading pairs with up to 125x leverage.
Bitunix stands out as a leading player in the cryptocurrency world due to its top-notch features like unmatched liquidity, around-the-clock customer service, and a robust adherence to regulatory standards. This platform has become a go-to choice for over one million users hailing from more than a hundred countries worldwide, and it consistently handles daily trading volumes that surpass the $1 billion mark.
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COO
KX
Bitunix
kx.wu@bitunix.io
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2024-09-09 13:24