Dubai, United Arab Emirates, September 9th, 2024, Chainwire
Bitunix, a rapidly growing player in the cryptocurrency exchange market, has made a significant leap by ranking as the 13th global exchange on CoinGecko, categorized by trust score, on September 2, 2024. This milestone comes on the heels of Bitunix unveiling its reserves through the implementation of Proof of Reserves (PoR), which has set a new standard for transparency in the industry.
By disclosing the Proof of Reserves, Bitunix has solidified its reputation as one of the most secure, liquid, and transparent derivatives exchanges worldwide. The exchange has established its place amongst some of the most eminent names in the crypto industry.
Factors Behind Bitunix's Growth
The crypto industry comprises 1,000+ exchanges, making it a saturated market to break into. Bitunix, one of the fastest-growing crypto derivatives exchanges, climbed the ladder by adopting different practices to maintain a transparent and secure environment for all traders.
Bitunix’s PoR initiative reassures users that their funds are backed by actual, verifiable reserves, setting a benchmark for accountability. Besides a secure platform, the exchange allows users to execute trades directly on the chart with minimal effort, making the user experience phenomenal. In addition, Bitunix also accounts for high liquidity across 250+ trading pairs and 24*7 customer support.
A Testimony For Crypto Users
CoinGecko’s Trust Score evaluates exchanges based on transparency, security, and liquidity. Achieving a high rank on CoinGecko, a trusted and widely respected platform in the cryptocurrency space, is more than just a number; it can signify a vote of confidence from the broader crypto user base and communities.
These rankings collectively reinforce Bitunix’s reputation as a reliable and user-centric exchange. With the launch of PoR, Bitunix joins the ranks of other trusted exchanges such as Bybit, OKX, and Bitget, further establishing its credibility and appeal. In fact, this success comes along with another of Bitunix's great achievements in such a short time, which is to surpass 1 million users.
Other platforms and rankings are also validating Bitunix's achievements, either by showing the exchange's proof of booking or ranking it at the top of the rankings. Some of these platforms are Coinmarketcap and DeFiLlama.
This achievement highlights the progress Bitunix is making in its commitment to becoming the world’s leading derivatives exchange. With every milestone, Bitunix brings users closer to an environment where trading is effortless, secure, transparent, and increasingly liquid. Moreover, as the company points out on its social media, this is just the beginning, as 2024 still brings significant releases that they claim will revolutionize the way cryptocurrency trading is done to date.
About Bitunix
Bitunix is a global crypto derivatives exchange founded in 2021. It is dedicated to offering intelligent, social, highly secure, and cost-effective trading services to its users. Bitunix specializes in crypto spot and perpetual futures trading, boasting over 250 trading pairs with up to 125x leverage.
With attributes such as best liquidity, 24/7 customer support, and a strong commitment to regulatory compliance, Bitunix remains at the forefront of delivering a reliable trading experience for the global crypto community. Bitunix has attracted over 1,000,000 users from 100+ countries and has facilitated a cumulative daily trading volume that exceeds $1 billion on the platform.
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