WhiteBIT’s Institutional Focus Propels Trading Volume to Unprecedented Heights of $2.7 Trillion in 2024
WhiteBIT's Stellar Trading Volume in 2024
WhiteBIT’s trading volume has soared to a staggering $2.7 trillion in 2024, reflecting a phenomenal 200% increase compared to last year. This growth solidifies the exchange's reputation in the cryptocurrency market.
Major Achievements
- Capitalization reached an impressive $38.9 billion.
- Traded volume exceeds established players like Kraken, which had $628 billion for the year.
- Trading volume approaches the GDP of France at $3 trillion.
Growth Drivers
This remarkable performance is largely attributed to the onboarding of institutional clients. WhiteBIT has implemented numerous strategies, including:
- Introducing a market maker program with low fees.
- Providing institutional loans to build trust within the trading community.
- Enhancing its technical infrastructure, including colocation and sub-accounts.
Expanding Ecosystem
Today, over 30 million users engage with WhiteBIT’s various services, such as:
- Centralized exchanges
- Decentralized exchanges
- Crypto payment solutions
WhiteBIT is committed to fostering the growth of blockchain technology, ensuring more secure trading experiences and appealing to a global audience.
Final Thoughts on WhiteBIT's Future
As one of the top players in the cryptocurrency scene, WhiteBIT continues to innovate, aiming to enhance market services for both retail and institutional traders alike.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.