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Singapore, October 16, 2024 – Bitunix exchange achieved $1.12 billion in daily trading volume on October 16th breaking its record. This is the highest level in the history of the exchange and it highlights Bitunix’s quick rise in crypto as the fastest-growing crypto derivatives exchange, driven by strategic partnerships, industry-leading products, and improved trust measures.
This increase shows that the trading activity in Bitunix is growing and the user base is expanding because of the exchange’s innovative features and trusted reputation. According to the CMO of Bitunix Bill Wang, this is an indication that the platform is going in the right direction.
“We said we’d create the world’s largest crypto derivatives exchange. Every step brings us closer, and the numbers are proving it.” said Wang.
Bitunix daily trading volume has been growing for 12 consecutive months and this is also reflected in data aggregators and exchange rankings platforms such as Coinmarketcap and Coingecko, where the exchange continues to climb steadily.
A Series of New Features and Increased Trust Led to a New Record
Research by MDPI indicates that an increase in trading volume for an exchange can be attributed to factors such as partnerships with influential players, regulatory compliances, security measures, and the introduction of innovative trading products. Bitunix has fulfilled all these criteria which, in fact, can be taken as part of the reason for the growth in trading volume for the exchange. The platform has made a series of innovative feature launches and has taken concrete steps in terms of security and transparency.
In September, Bitunix launched a multi-window trading feature offering a modern interface for users. It has also recently launched its app, which is available in more than 48 countries and has moreover launched an anti-price manipulation feature.
Bitunix has also made numerous collaborations with renowned companies in blockchain and beyond. Further, many KOLs in the industry have joined the crypto exchange, recommending it for use to their audience.
The confidence in Bitunix has grown even more since the exchange demonstrated its Proof of Reserves, reassuring users of the platform’s transparency, and showing that Bitunix maintains full backing of all customer assets. Additionally, the exchange has secured licenses in many regions of the world, ensuring that it complies with the legal aspect too.
All these events combined have turned Bitunix into an advanced and reliable platform that has become a benchmark in the market, leading to an upsurge in daily trading volume.
The company’s commitment to transparency, security, and innovation will remain at the core of its strategy as it continues to attract new users and expand its presence in the global cryptocurrency market.
About Bitunix
Bitunix is a global cryptocurrency derivatives exchange founded in 2021, committed to offering simple, secure, transparent, and cost-effective trading services to its users. Bitunix specializes in both spot trading and perpetual futures, with over 250 trading pairs and leverage of up to 125x.
With features such as top-tier liquidity, 24/7 customer support, and a strong commitment to regulatory compliance, Bitunix remains at the forefront of providing a reliable trading experience for the global crypto community. Bitunix has attracted more than 1,000,000 users from over 100 countries, facilitating a daily trading volume exceeding $1 billion on its platform.Website | Telegram | X | LinkedIn
*This article was paid for. Cryptonomist did not write the article or test the platform.
