WhiteBIT opens New York-based U.S. exchange with expansion plans

WhiteBIT US launches in New York with expansion goals

WhiteBIT has officially launched its new U.S. exchange, WhiteBIT US, establishing its base in New York. This launch comes with ambitious plans for expansion across all 50 states. The company, which started as a European cryptocurrency exchange, has created WhiteBIT US as a separate entity aimed at tapping into the American market. The exchange has already secured operational licenses, ensuring compliance with local regulations.

U.S. users to receive spot trading and fiat integration

Upon its launch, WhiteBIT US will provide verified American users with access to various services, including spot trading and instant exchange options. Additionally, the platform aims to incorporate fiat integration and enhance its offerings to institutional clients through Know Your Business (KYB) onboarding. The company plans to introduce custody and liquidity solutions to cater to a wider range of services in the near future.

WhiteBIT's growth strategy includes hiring and global outreach

WhiteBIT has set up its headquarters in New York and is focused on building a strong team of U.S.-based executives. The company, which currently employs over 1,300 people globally, intends to increase its workforce in America by recruiting local talent. This expansion aligns with the company's broader strategy of enhancing its global presence and responding to the growing interest in cryptocurrency within the U.S.

WhiteBIT's security measures and large user base

WhiteBIT boasts robust security measures, reporting no security breaches since its inception. The platform has received several industry certifications, including the CryptoCurrency Security Standard (CCSS) Level 3 certification, and adheres to Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance standards. With a user base exceeding 35 million worldwide, WhiteBIT is recognized as one of the top exchanges for security, positioning itself as a trustworthy option for new and experienced traders alike.