Singapore, December 5th, 2024 – Bitunix has climbed in global rankings as one of the biggest crypto exchanges by trading volume. According to data from Statista, Bitunix, with $3.59 billion, is positioned as one of the largest cryptocurrency exchanges in the world. This at the same time makes Bitunix the fastest-growing crypto derivatives exchange in the world.
The increase in trading activity on Bitunix comes as a result of a series of innovative feature launches throughout 2024. This is also an attribute of the improvement in terms of security and transparency by Bitunix, as during the year the exchange demonstrated Proof of Reserves and was subjected to several security penetration tests which it successfully passed.
These factors together with high liquidity and low fees have caused trading volume on Bitunix to increase significantly in 2024. High trading volume is often an indicator of market confidence and demand, making it easier for users to buy and sell cryptocurrencies. According to Coin Rivet, a high trading volume helps exchanges ensure that trades can be executed quickly and efficiently.
“The increase in trading volume shows that we are doing things right. Our focus on launching practical features that traders can use, and our focus on transparency and security has made Bitunix a good choice for traders. We are happy about this,” said Bill Wang Chief Marketing Officer at Bitunix.
During 2024, Bitunix has also made a considerable number of partnerships and has secured several licenses in various countries, factors that have influenced the increase in trading volume in different regions around the world. With operations in more than 100 countries worldwide, this milestone highlights Bitunix’s mission to maintain a convenient trading environment that supports large-scale trading activity and attracts traders from around the world.
About Bitunix
Bitunix, launched in 2021, is shaking up the crypto trading space with its commitment to simplicity, security, and affordability. This global cryptocurrency derivatives exchange offers both spot trading and perpetual futures, boasting over 250 trading pairs and leverage as high as 125x.
What sets Bitunix apart? Top-tier liquidity, round-the-clock customer support, and a strict focus on regulatory compliance. These elements ensure a seamless experience for traders worldwide. With a growing community of over 1 million users across 100+ countries and daily trading volumes surpassing $1 billion, Bitunix has solidified its place as a powerhouse in the crypto world.
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