WhiteBIT, one of the leading European cryptocurrency exchanges, has announced its official launch in Nigeria.

The launch in a release, signals a significant milestone in expanding it’s global presence.

According to the company, it’s decision to open a representative office in Nigeria supports its goal of making blockchain technology widely used and encouraging growth in the global cryptocurrency community with the aim of leveraging the country’s robust demand for blockchain technology to foster its position as a thriving hub for finance and blockchain advancements.

The statement said, as crypto enthusiasts worldwide continue to embrace WhiteBIT for its unwavering commitment to security, liquidity, execution speed, and user-friendly trading tools, the company is poised to revolutionize the crypto landscape in Nigeria.

“Our company’s global mission is to achieve mass adoption of blockchain technology and increase the cryptocurrency community in the world. The future of humanity is digital technology, including blockchain. This is what we believe in and adhere to. Opening a representative office in Nigeria is a logical step in the development of not only WhiteBIT, but the cryptocurrency community as a whole. Nigeria is a country that understands the prospects that cryptocurrency holds. There is a big public demand for blockchain technology. Nigeria today has all the chances to become the center of finance and blockchain technology. That is why it is quite logical that WhiteBIT is launching in Nigeria,” Volodymyr Nosov, the CEO of WhiteBIT said, while emphasing the strategic importance of the Nigerian Market.

“WhiteBIT’s entry into Nigeria arrive when cryptocurrencies are experiencing a surge in popularity within the country. This move will enable both novice and experienced traders to engage in seamless and secure crypto transactions, ensuring easy access to a wide range of digital assets,” WhiteBIT

As one of Europe’s largest cryptocurrency exchanges, WhiteBIT boasts a user base of over 4+ million individuals worldwide with more than 350 trading pairs and a maximum daily trading volume of $2.5 billion.

The platform facilitates spot, margin, and futures trading with adjustable leverage of up to 20x. WhiteBIT’s dedication to security is widely recognized, as it ranks among the top three most secure crypto exchanges, according to CER.live.

Additionally, an independent audit conducted by Hacken has awarded WhiteBIT with the prestigious AAA rating, making it the second most secure exchange globally. The platform implements robust security measures such as identity verification, two-factor authentication (2FA), and an Anti-Phishing code to ensure transparency and safeguard user accounts.