WhiteBIT featured on CoinGlass, ranked near the top for Data Reliability

Source Cryptopolitan

WhiteBIT, the largest European crypto exchange by user traffic, is now featured on CoinGlass in its reliability ranking. WhiteBIT is ranked 6th based on its market data accuracy and reliability score, out of a total of 19 exchanges tracked by CoinGlass. 

WhiteBIT, the largest cryptocurrency exchange in Europe by traffic, has added a CoinGlass profile for tracking reliability and data accuracy. WhiteBIT is ranked sixth among a total of 19 tracked exchanges, signaling the market’s dedication to accessibility for professional traders and investors. 

CoinGlass is one of the most rigorous data services for crypto data and infrastructure, featuring exchanges verified for their integrity. The platform offers public and premium access to deep analytics for on-chain activity and trading data.

WhiteBIT further secured its profile as a trusted platform for digital asset trading. The exchange offers both easy-access retail products, and premium high-volume, high-velocity trading for institutions and professionals.

“Transparency and data-driven decision-making are essential for professional traders in today’s rapidly evolving crypto landscape. WhiteBIT’s recognition by CoinGlass is a major milestone for us, reflecting our dedication to equipping traders with reliable and real-time market data.”

~ Said Volodymyr Nosov, CEO of WhiteBIT.

WhiteBIT boosted ranking with derivative data

As part of the WhiteBIT listing on CoinGlass, the market operator also shared its derivative market data across multiple CoinGlass analytics sections. WhiteBIT exposed its data and tools on the CoinGlass homepage. 

WhiteBIT is also a source of key data for crypto market trends, such as open interest, funding rate, and long/short ratio. The market operator is also transparent with all its trading data, to help all investors make informed decisions in choosing their preferred platform. All WhiteBIT trading parameters are comparable with other centralized exchanges. 

Some of the WhiteBIT data will be featured in CoinGlass Supercharts, which are in-depth tools for visualization of complex trends. 

WhiteBIT aims to prevent losses and security breaks

WhiteBIT owes its high security ranking to preventive measures for fraud or hacks. The exchange offers cold storage, multi-factor authentication, anti-phishing tools and regular security audits. In the past, WhiteBIT has been used to swap funds from exploits, leading the CEX to cooperate with on-chain researchers and law enforcement to intercept deposits from hacks.

WhiteBIT is also the only CEX to achieve CCXX Level 3 certification, the highest standard for crypto industry audits. The exchange also follows international regulatory standards, ensuring compliance in all its available regions.

As a result, WhiteBIT is able to share all its data with both traders and analytics platforms, becoming a valuable source of analytics tools. 

The market operator has been adaptable to the recently volatile market conditions. Despite the drop of the crypto market, WhiteBIT expanded its daily volumes to over $1.4B in 24 hours, reflecting its deep liquidity and significant user base. The native token WBIT trades near its higher range, at around $27.62, still over 100% higher since the Q4 rally in 2024.

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Disclaimer: For information purposes only. Past performance is not indicative of future results.
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