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Breaking News: Cantor Fitzgerald Projects Major Growth For Hyperliquid (HYPE) In Explosive New Report
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Breaking News: Cantor Fitzgerald Projects Major Growth For Hyperliquid (HYPE) In Explosive New Report

WhiteBIT’s Rapid Expansion: 60 New Collateral Assets Fuel Growth, Total Reaches 80+

NewsBTC
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Last Updated: December 24, 2024 11:47 am
2 mins read

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WhiteBIT, one of Europe’s largest cryptocurrency exchanges, has significantly expanded its collateral offering, adding 60 new assets. This expansion brings WhiteBIT’s supported assets to over 80, quadrupling the number in a matter of months.

Among the newly added coins are some of the most popular and in-demand assets: PEPE, BONK, SUI, DAI, NOT, BOME, APT, AAVE, TON, MRK, STRK—just to name a few. These assets can now be used as collateral for borrowing, margin trading, and futures trading, providing traders with more opportunities to implement advanced strategies and manage risks effectively. This strategic move positions WhiteBIT on equal footing with the market’s leading exchanges and aligns with the platform’s commitment to meeting the diverse needs of its growing 5.5 million user base, including retail and institutional traders.

Key Benefits for Traders:

  • 80+ Collateral Assets: WhiteBIT’s expanded collateral options now provides unparalleled choice and flexibility for users.
  • Wide Accessibility: All traders, regardless of experience or account size, have access to the collateral assets on WhiteBIT.
  • Ease of Use: WhiteBIT’s user-friendly interface and efficient tools make cryptocurrency trading accessible to everyone—from beginners to experienced professionals.

Additionally, 60 new assets can be used for crypto lending. It allows users to lend their cryptocurrencies to WhiteBIT for 30, 90, 180, or 360 days and earn up to 13.49% annual income in the same cryptocurrency, unlocking new opportunities for those looking to invest and earn income effectively.

WhiteBIT provides a unified trading experience that centralizes spot, margin, and futures trading into one system, available by default to all users. This approach opens new opportunities for risk management and advanced trading strategies across multiple markets. WhiteBIT remains focused on growth and innovation, ensuring it remains aligned with the needs of modern traders.

About WhiteBIT:

WhiteBIT is the largest European centralized crypto exchange, with over $2.3 trillion in annual trading volume. The exchange offers 600+ trading pairs, 300+ digital assets, and 9 state currencies. WhiteBIT is an official partner of the Ukrainian national football team, FC Barcelona, FC Trabzonspor, FACEIT. It is a part of WhiteBIT Group serving over 30 million clients globally. The goal of WhiteBIT is the mass implementation of blockchain technology worldwide.

 

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