WhiteBIT Surpasses 5 Million Users, Strengthening Its Leadership in Europe’s Crypto Market
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European crypto exchange WhiteBIT recently announced it has surpassed the 5 million user mark as it approaches its sixth year in operation. Headquartered in Vilnius, Lithuania, the exchange reported adding over a million users in the past year, more than doubling its user base since 2022. WhiteBIT’s growth also extends to its trading volume, which exceeded $1 trillion across spot and futures markets. The platform now serves over 1,000 business clients, reflecting rising institutional interest in digital asset trading.
The milestone coincides with a rising interest in digital assets across Europe, where WhiteBIT has focused on strategic partnerships, user experience, and security to drive growth.
“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,” comments Volodymyr Nosov, CEO of WhiteBIT.
Expanding Technology and Ecosystem
As WhiteBIT scales, it has invested in building out its technology and ecosystem. The company recently rebranded its blockchain, Whitechain, which has processed 50 million transactions to date and now enables NFT minting. Additionally, WhitePool, WhiteBIT’s Bitcoin mining pool, has quickly risen in the ranks to become one of the top 15 mining pools globally and is now one of the largest mining pools backed by a centralized exchange.
Building Growth Through Partnerships
WhiteBIT’s expansion has been supported by partnerships across sports, e-sports, and fintech. Collaborations with high-profile names like FC Barcelona, FC Trabzonspor, the Ukrainian national football team, and FACEIT in e-sports have contributed to expanding WhiteBIT’s presence in the sports sector. In addition, the company has worked with Georgia’s Hash Bank to solidify its standing in fintech and partnered with digital asset management firm Fireblocks to enhance its institutional offerings.
Security and International Reach
While based in Europe, WhiteBIT has established offices in regions including Australia, the UK, Georgia, and Turkey. The platform maintains a strong security record, consistently ranking among the top five most secure exchanges on cer.live, and recently received the Hacken Security Award 2024. Security features like WAF firewalls, AML policies, and strict KYC protocols are central to its user protection strategy.
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