VILNIUS, Lithuania, Nov. 16, 2023 (GLOBE NEWSWIRE) — A partnership with FC Barcelona, the launch of the WhiteBIT Coin (WBT) exchange coin, the establishment of a launchpad for new crypto projects, a feature-rich trading terminal and many other ambitious product showcases. whitebit The team’s meaningful efforts are what differentiates the exchange from its competitors. As the company celebrates its 5th anniversary on November 19, 2023, it stands as a testament to the successful industry work and serves as an example of becoming one of the largest crypto exchanges in Europe.
The global number of verified cryptocurrency users has increased from 35 million to more than 425 million between 2018 and 2023, reflecting a significant growth trend. This growth is driven by the widespread adoption of cryptocurrencies and the rapid advancement of specialized platforms providing high-quality services for efficient interactions with digital assets. WhiteBIT crypto exchange is prominently positioned among these platforms, contributing significantly to this evolving landscape.
To celebrate its 5th anniversary, WhiteBIT is hosting a celebratory promotion for both existing and new users to celebrate the loyalty, active participation and visionary spirit that characterizes the community of one of Europe’s leading crypto exchanges. Offering a heartfelt “thank you.” Details regarding these promotions can be seen on the company’s official platform: https://bit.ly/49z9UAL.
The 5th anniversary milestone for WhiteBIT provides a fascinating opportunity to reflect on the parameters of a thriving business within the industry, using its own trajectory as an example. Over the course of five years, WhiteBIT has successfully implemented a series of products and projects that not only meet the demands of contemporary users but also demonstrate the ability to adapt to emerging market conditions.
In 2019, the first trading pairs with the hryvnia appeared, and now 10 national currencies and more than 350 trading pairs are represented on the exchange. Additionally, the exchange’s fiat gateway allows choosing from multiple methods of depositing and withdrawing national currencies, including SEPA, Checkout, PayUnicard and others. Over 5 years, WhiteBIT’s trading toolkit has expanded significantly and includes a number of products, namely:
- Spot trading using market, limit, stop-market, stop-limit and multi-limit orders.
- Futures trading with leverage up to 100x.
- Margin trading with up to 10x leverage.
- Convenient crypto-to-crypto, fiat-to-crypto, and vice versa exchanges that allow you to exchange any asset offered on the exchange in just a few seconds.
- Trading Competition is a new format that allows traders with different experience to participate in a tournament that matches their trading skills.
- Technical chart analysis tools, integration with algorithmic trading services, widgets, price alerts and many other tools that make a trader’s life much easier.
The user-friendly interface and operational efficiency of its tools have propelled WhiteBIT to a prominent position, currently among the top five leaders among cryptocurrency exchanges based on user traffic, with over 13 million users in the current month. .
The exchange has successfully implemented several ecosystem projects that expand the range of opportunities for interaction with cryptocurrencies:
- WhiteBIT Earn is a system that provides an opportunity to receive passive income from long-term investments in digital assets.
- WhiteBIT Launchpad serves as a platform that enables users to stay ahead of the curve by gaining early access to new crypto projects. Users can cast votes to support the listing of these projects on the exchange and actively participate in the early stages of asset sales.
- Digital gift cards are gift cards for obtaining goods in various stores and services, which users of the WhiteBIT exchange can profitably purchase with cryptocurrency.
- The VIP program offers special conditions for WhiteBIT VIP users, including up to 100% discount on fees, priority support and a personal VIP manager.
- A convenient and multifunctional API for simple and clear use of the platform’s functionality and time-saving.
- WhiteBIT Code is an internal tool of the platform that allows instant and free transfer of digital assets between wallets on the WhiteBIT exchange.
- Program for institutional clients and market makers.
- The Referral Program is a system through which users of the exchange can invite others to sign up for WhiteBIT through a referral link. For this, they receive up to 50% of the trading fees paid by the invitees.
- AML verification is a service for checking crypto addresses for involvement in illegal activities, which promotes greater transparency of transactions and allows users to be sure of the “purity” of the funds with which they work. We do.
- Over a period of more than 5 years, the company has united a vast community of active users around the world, all of whom are aligned with the company’s core values and vision, collectively leading to groundbreaking ideas in the dissemination of high quality Are “setting standards”. Blockchain technologies.
- According to CoinGecko, the exchange coin WhiteBIT Coin (WBT) is ranked among the 100 cryptocurrencies with the highest capitalization. It offers many benefits when using an exchange.
- The WB Network blockchain is a blockchain network built on the Proof-of-Authority (PoA) algorithm.
- WhitePay is a SaaS company dedicated to solutions for accepting cryptocurrency payments. With the help of POS terminals and platforms, offline stores and online businesses can accept cryptocurrency payments and donations.
- WhiteSwap is a decentralized exchange with a large selection of instruments for avid crypto users.
- White.market is a P2P platform for trading CS2 skins.
- WhiteEX are physical cards that can be used to top up balances on the WhiteBIT exchange. They are available in various denominations and are activated within 5 minutes.
- The WB Sol ecosystem is a development within the WB network that allows to reproduce the digital identity of users in the blockchain and mark them according to their accounts on the WhiteBit exchange.
It is noteworthy that in 2022, amidst the full-scale invasion of Ukraine, WhiteBIT responded to the crisis as a business not only through its own reserves and transparent operations, but also through special tools and opportunities to assist Ukrainians. Also provided.
“For the past five years, our commitment to practical innovation has demonstrated that advanced technologies should be an integral part of everyday life for everyone, not just the tech elite. We follow one basic principle – to approach the implementation of any project primarily through the eyes of future users, ensuring the best possible results. As far as future plans are concerned, our approach is simple: improve existing products, tailor them to user preferences and create new revolutionary projects and services following the same principle. The next half decade will bring us many updates and innovations.” Comment from Volodymyr Nosov, Founder and CEO of WhiteBIT.
whitebit One of the largest European centralized crypto exchanges, originally from Ukraine, founded in 2018. The exchange offers 350+ trading pairs, 270+ digital assets and 10+ state currencies. The company is the official partner of the Ukrainian national football team, FC Barcelona, FC Trabzonspor, FACEIT. WhiteBIT aims for the widespread implementation of blockchain technology around the world.
CEO: Volodymyr Nosov
Email: [email protected]
Country/City: Vilnius, Lithuania
Disclaimer: This article constitutes no offer to sell, no solicitation of an offer to buy, and no recommendation of any security or any other product or service. This is not investment advice. Please do your own research.