VILNIUS, Lithuania, Feb. 04, 2025 (GLOBE NEWSWIRE) -- In 2024, the WhiteBIT cryptocurrency exchange reached notable achievements, solidifying its status as a prominent entity in the crypto sector. The platform emerged as Europe’s largest crypto exchange by traffic, with its annual trading volume hitting an unprecedented $2. 7 trillion. Furthermore, WhiteBIT became the first exchange globally to obtain the highest-level certification under the Cryptocurrency Security Standard (CCSS). Founder and CEO of WhiteBIT Group, Volodymyr Nosov, shared insights about these accomplishments and future plans in an interview with Finbold. Nosov noted that by the fall of 2024, the exchange attracted over 33 million users, the highest among European crypto exchanges and second worldwide. “This reflects the trust users place in our platform, as well as acknowledgment of our technological expertise and security measures, ” stated Nosov. He underscored the importance of security as a central focus for WhiteBIT. “Our achievement as the first crypto exchange to secure the highest level of CCSS certification is significant. This comprehensive security standard addresses every facet of operations—from safeguarding user assets to internal protocols and procedures. Trust in a cryptocurrency platform fundamentally hinges on the robust protection of user information and assets, ” he explained. A standout aspect of 2024 was the impressive appreciation of the WBT Coin, which surged from $10 to $28 in just a few months. “This increase was organic, spurred by market engagement and interest from business clients who see WBT as a noteworthy investment, ” Nosov elaborated.

Last year, WhiteBIT Group also enhanced its services for institutional clients, expanding their numbers to 1, 300. “We added 60 new assets to our collateral list, totaling over 80 options. These encompass popular coins like PEPE, SUI, TON, and AAVE, which are also eligible for interest deposits, ” Nosov remarked. Looking ahead to 2025, the company is gearing up for active expansion in Italy, Croatia, and Kazakhstan, having already obtained VASP authorization in these markets. “We are building partnerships, developing local infrastructures, and planning to broaden our product offerings in these nations, ” he concluded. In a short span, WhiteBIT Group has evolved from a crypto exchange into a comprehensive ecosystem that incorporates cutting-edge solutions in cryptocurrency and blockchain technology. Currently, WhiteBIT Group serves more than 35 million users with a diverse suite of products, including the centralized WhiteBIT exchange, Whitepay crypto-acquiring, WhiteSwap decentralized exchange, White. market gaming marketplace, gaming projects like Pocket Rocket, the WhiteEx card, and the Whitechain blockchain featuring its native WhiteBIT Coin (WBT). Additionally, the company is involved in media initiatives like the G. N. News portal and ByHi, the world’s first entertainment and educational YouTube show dedicated to cryptocurrency. This extensive array of services positions WhiteBIT as a genuine center of innovation within the crypto landscape. About WhiteBIT WhiteBIT is among the largest centralized crypto exchanges in Europe, established in 2018. The exchange provides over 600 trading pairs, more than 300 digital assets, and nine state currencies. The company is an official partner of prestigious organizations such as FC Barcelona, FC Trabzonspor, ESL Faceit, and VISA. WhiteBIT aims for the widespread adoption of blockchain technology on a global scale. Contact WhiteBIT pr@whitebit. com A photo accompanying this announcement is available at https://www. globenewswire. com/NewsRoom/AttachmentNg/ddf8dcaa-a9a6-4d05-ad18-aa389f91308e