As a seasoned crypto investor with years of experience under my belt, I must say that WhiteBIT has been nothing short of a game-changer in the world of digital assets. Having closely followed their trajectory since they first burst onto the scene, it’s clear to me that this is not just another flash-in-the-pan exchange but a solid and sustainable player with ambitions to conquer new territories.
Over the last several years, the global reach of the WhiteBIT cryptocurrency trading platform has significantly grown, making it the leading crypto exchange in Europe in terms of both web traffic and trading activity, outperforming all regional contenders.
As a researcher since 2022, I’ve witnessed an unprecedented expansion of our exchange, with the establishment of offices globally, a team blooming to over 1,100 skilled professionals, and strategic partnerships that include football powerhouses like FC Barcelona, Turkish FC Trabzonspor, the Ukrainian National Football Team, as well as industry titans such as VISA, ESL Faceit, among others.
WhiteBIT, the company in question, has no intention of slowing down and is looking forward to penetrating the vast American market at some point in the future. This expansion plan was made clear during a recent interview between the founder and CEO of WhiteBIT and CoinGape.
Accessing the United States isn’t merely a matter of location; it’s about adhering to stringent regulatory requirements. We’ve invested effort in understanding the market dynamics and have customized our strategies to align with local laws. This guarantees that we provide products that not only meet but exceed the demands of both institutional investors and private traders within the U.S.
The WhiteBIT Group is growing rapidly, with a total user base now reaching approximately 30 million clients.
Regarding the WhiteBIT cryptocurrency exchange specifically, it currently caters to approximately 5.5 million users. Notably, within just the last year, the number of accounts on this platform has grown beyond a million, effectively doubling the user count compared to data from 2022.
WhiteBIT ranks among the top 10 exchanges in the CoinGecko future markets ranking. The platform boasts a daily trading volume of approximately $11 billion on its spot market, while its futures market sees a staggering $40 billion traded every day.
WhiteBIT dominates overall web traffic and held a top position in 2024, ranking among the Top 2 platforms with approximately 33 million users. Moreover, they cater to more than a thousand institutional clients.
Volodymyr Nosov also emphasizes that in a mere six years, the company has transformed from a startup into a formidable blockchain conglomerate. The WhiteBIT corporation encompasses a variety of subsidiaries: WhiteBIT’s centralized cryptocurrency exchange, Whitepay for crypto transactions, WhiteSwap for decentralized exchanges, the white.market marketplace, the Whitechain blockchain, and the WB Soul Ecosystem constructed within it. Furthermore, this group provides WhiteEX physical cards for loading crypto balances, its native coin WhiteBIT Coin (WBT), the Pocket Rocket game, the G.N. News portal, and the BiHy YouTube channel offering entertainment and education on blockchain technology.
In 20XX, we introduced WhitePool, a mining pool that swiftly climbed the global ranks based on hash rate. In mere months since its debut, it reached a staggering hash rate of 7 Exahashes per second, and during October alone, it mined six blocks with a total value exceeding $1.2 million, as revealed by Nosov.
The chief executive of WhiteBIT also emphasized the importance of WhiteBIT Coin (WBT), a digital asset that’s been garnering significant attention due to its versatility. Not only does it provide lower transaction costs, but it also offers unique incentives exclusively to users. As a result, WBT is increasingly being adopted for everyday transactions and investment purposes.
Nosov noted that the impressive growth of WBT – a staggering 63.5% increase, taking its worth beyond $20 – showcases its immense potential. This expansion stems from both natural curiosity and active engagement, and we eagerly anticipate its future development.
According to CoinGecko, as of December 2024, the value of WhiteBIT Coin (WBT) reached $25.
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2024-12-20 21:32