WhiteBIT unveils specially created local entity in US expansion announcement

Source Cryptopolitan

WhiteBIT, one of the leading European centralized crypto exchanges based on user traffic, announced its formal launch in the USA. The exchange will launch an independent entity for the US market, with the intent to scale and operate locally across the country. 

WhiteBIT marked a strategic expansion to US-based users, entering one of the world’s most clearly regulated and institution-driven markets. 

The exchange has already acquired its operational licenses and will take steps to expand its presence in multiple states. WhiteBIT restated its dedication to compliance, industry-standard security, and competitive fees. 

Our decision to launch in the U.S. is driven not by expansion alone, but by the country’s proactive approach to cryptocurrency and its strong policy of attracting technology companies. The U.S. is focused on growing the industry and strengthening its leadership in blockchain innovation. We are here to contribute to this growth with secure infrastructure, trusted technology, and a long-term commitment to the market,” said Volodymyr Nosov, Founder and CEO of WhiteBIT and President of W Group.

WhiteBIT to select US leadership team

WhiteBIT will assemble a senior team of US-based executives with headquarters in New York and satellite offices across multiple states. The company aims to scale in key US jurisdictions, known for their crypto-friendly approach. 

WhiteBIT arrives in the USA just as most of the previously restrictive crypto regulations were removed. As Cryptopolitan reported earlier, even states are launching crypto portfolios, with Texas stockpiling BTC. 

The centralized market operator will expand its global team, which already counts over 1,300 professionals, contributing to the growth of global technology. WhiteBIT aims to create additional jobs in the USA by employing specialized local talent. 

The exchange will offer its usual array of products to US-based traders with full KYC verification. The platform brings spot trading, instant exchange, and fiat on-ramps and selling opportunities. WhiteBIT will integrate fiat payments, corporate onboarding, and specialized institutional services.

In the future, WhiteBIT will add custodial services and liquidity solutions. 

WhiteBIT marks 7-year anniversary

WhiteBIT is marking its 7-year anniversary in 2025, growing from a small platform to a global ecosystem evolved into W Group. The exchange reached 35 million users worldwide. W Group includes eight companies under its brand, including a crypto exchange, blockchain infrastructure, payment services, digital banking, analytics, and more. 

W Group has also launched a global campaign for ongoing crypto education, aiming to build up user trust. Some of the WhiteBIT educational videos will be featured on Times Square, aiming to build up its adoption in the US market. 

WhiteBIT has already honed its regulatory compliance with the strict European rules and maintains the highest money laundering and KYC compliance standards. 

Ahead of its US launch, WhiteBIT carried $1.3 billion in daily trading volumes. The native token, WBT, traded at $55.45, up over 18% over the past 30 days. The WBT asset often reflects the expansion of WhiteBIT, usually outperforming the crypto market.

Join a premium crypto trading community free for 30 days - normally $100/mo.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Price Forecast: BTC extends recovery as ETF records positive flows Bitcoin (BTC) price continues to trade in green above $91,500 at the time of writing on Thursday after rebounding from the key support level.
Author  FXStreet
Nov 27, Thu
Bitcoin (BTC) price continues to trade in green above $91,500 at the time of writing on Thursday after rebounding from the key support level.
placeholder
Bitcoin Takes a 'Major Leap Forward' with $97K Price Targets in SightBitcoin holds steady above $90,000 as traders eye $100,000, buoyed by Thanksgiving market lull.
Author  Mitrade
Nov 28, Fri
Bitcoin holds steady above $90,000 as traders eye $100,000, buoyed by Thanksgiving market lull.
placeholder
Gold hits two-week top; eyes $4,200 as dovish Fed offsets USD uptick and risk-on moodGold (XAU/USD) attracts fresh buyers during the Asian session on Friday and climbs to a two-week high, with bulls now eyeing to reclaim the $4,200 mark amid dovish US Federal Reserve (Fed) expectations.
Author  FXStreet
Nov 28, Fri
Gold (XAU/USD) attracts fresh buyers during the Asian session on Friday and climbs to a two-week high, with bulls now eyeing to reclaim the $4,200 mark amid dovish US Federal Reserve (Fed) expectations.
placeholder
Silver Price Forecast: XAG/USD surges to record high above $56 amid bullish momentumSilver (XAG/USD) climbs to a fresh all-time high on Friday, buoyed by dovish Federal Reserve expectations alongside strong industrial and investment demand.
Author  FXStreet
12 hours ago
Silver (XAG/USD) climbs to a fresh all-time high on Friday, buoyed by dovish Federal Reserve expectations alongside strong industrial and investment demand.
placeholder
Crypto Market Outlook: Bitcoin, Ethereum, and XRP Tumble as BoJ Hawkishness Sparks Risk-Off RoutBitcoin slides below $87,000, Ethereum leans on $2,800 support and XRP hovers around $2.00 as December opens with a risk-off tone, leaving BTC eyeing $80,600–$74,508, ETH exposed to $2,111 and XRP to $1.90 unless buyers can turn key levels into a base for a rebound.
Author  Mitrade
7 hours ago
Bitcoin slides below $87,000, Ethereum leans on $2,800 support and XRP hovers around $2.00 as December opens with a risk-off tone, leaving BTC eyeing $80,600–$74,508, ETH exposed to $2,111 and XRP to $1.90 unless buyers can turn key levels into a base for a rebound.
goTop
quote