WhiteBIT, Europe's Largest Crypto Exchange, Enters Australian Market

WhiteBIT, Europe’s Largest Crypto Exchange, Enters Australian Market

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WhiteBIT, Europe’s largest crypto exchange, continues to expand its business globally. The company has now joined the mass adoption of blockchain technology in Australia. By providing a secure and easy-to-use platform, WhiteBIT plans to significantly grow the cryptocurrency community on the Australian continent.

As part of a recent visit to Australia, CEO Volodymyr Nosov toured three regions of the country, visiting Sydney, Canberra and Melbourne. A meeting was held with Ukrainian Ambassador to Australia Vasiliy Miroshnichenko. Volodymyr Nosov also met with employees of Australian government agencies, regulators and representatives of the banking industry.

WhiteBIT has now opened an Australian office, which will be headed by Alexander Sirica. Previously, the new CEO of WhiteBIT Australia worked as WhiteBIT’s International Business Development Manager. WhiteBIT Australia already brings together a local team of specialists and like-minded people. WhiteBIT then plans to establish a financial center in Melbourne. The financial license required for Australian projects has already been obtained.

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“Every day, WhiteBIT cares about the financial freedom and well-being of our users around the world. The expansion of the company’s activities, the plans for the development of the cryptocurrency community in the Australian continent is the next step in our mission to massively spread blockchain technology in a global dimension. Australia is a country where 20-30% of investors have savings in cryptocurrency. In other words, Australians are at the forefront of global technological progress. That’s why we decided to start developing the company’s financial center on the Australian continent. An additional reason was the support of the public sector, as well as the high level of hospitality and interest of Australian regulators and representatives of the banking sector”, – underlined Volodymyr Nosov.

Volodymyr Nosov, CEO of WhiteBIT

Evidence of the rapid development of the crypto industry on the continent can be seen in the numerous industry events that attract the continued interest of crypto business representatives and their customers. An important event in the process of implementing WhiteBIT’s declared plans was its participation in the fintech 21 conference, which took place in May at Marvel Stadium in Melbourne, Australia. The event is a discussion platform for the most active and innovative fintech and blockchain companies to meet the growing needs of the local crypto community.

The opening of the representative office of WhiteBIT in Australia was the next step after the scaling of the company’s activities in European countries – Spain and Turkey, where the owners of the crypto exchange also establish dialogue with the public sector, banks and telecommunications companies.

“In one year, WhiteBIT’s active audience has grown 20x. We hope that the industry’s most advanced methods and technologies, which we have implemented on our platform, will allow WhiteBIT to continue to grow rapidly. the number of our customers in the world”, underlined Volodymyr Nosov.

Every WhiteBIT crypto wallet and account is protected with two-factor authentication and anti-phishing programs. Over 96% of all currencies are stored on cold wallets (without using internet), WAF web application firewall is used to detect and block hacker attacks.

WhiteBIT is the largest cryptocurrency exchange in Europe. It meets all KYC and AML requirements.It is among the top 2 exchanges in the world in terms of security, according to an independent audit by Hacken and has a AAA rating. The WhiteBIT team brings together 500 members.

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