WhiteBIT Eyes U.S. Market Amid Record Growth

CEO Volodymyr Nosov Details Plans for Expansion

WhiteBIT, one of the world’s leading cryptocurrency exchanges, is preparing to enter the U.S. market following a period of remarkable growth. In an exclusive interview with CoinGape, CEO and founder Volodymyr Nosov confirmed the move, emphasizing the company’s commitment to adhering to stringent U.S. regulatory requirements.

“Entering the U.S. is not just about geography—it’s about meeting high regulatory standards,” Nosov stated. “We’ve spent time researching the market and tailoring our strategies to comply with local regulations.”

The exchange has seen its daily trading volumes soar to $11 billion on the spot market and $40 billion on the futures market. Since 2022, WhiteBIT has experienced a fivefold increase in scale, with a global workforce exceeding 1,100 employees and collaborations with major partners such as FC Barcelona, Turkish FC Trabzonspor, the Ukrainian National Football Team, VISA, and ESL Faceit.

Massive User Base and Global Reach

WhiteBIT now serves a global user base of 30 million, with 5.5 million active clients on the platform. Over 1 million new users joined the exchange in the past year alone. Its website has also gained significant traction, ranking among the top two cryptocurrency platforms in fall 2024, with 33 million visitors and over 1,000 institutional clients.

Diverse Ecosystem

The WhiteBIT Group encompasses a wide range of crypto-focused entities, including the WhiteBIT centralized exchange, Whitepay crypto-acquiring solution, WhiteSwap decentralized exchange, white.market marketplace, Whitechain blockchain, and the WB Soul Ecosystem. Additional ventures include WhiteEX physical cards, WhiteBIT Coin (WBT), the Pocket Rocket game, G.N. News portal, and the BiHy YouTube channel.

In October, the company launched WhitePool, a mining pool that has already achieved a hash rate of 7 EH/s and mined six blocks worth over $1.2 million.

WhiteBIT Coin on the Rise

WhiteBIT Coin (WBT), the company’s native token, has seen a sharp increase in value, rising 63.5% this fall to surpass $20. As of December 2024, WBT was trading at $25, according to CoinGecko data.

As WhiteBIT prepares to establish its footprint in the U.S., its growth trajectory underscores the platform’s position as a major player in the cryptocurrency industry.

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