WhiteBIT Becomes First Exchange to Achieve Level 3 CCSS Certification

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As an analyst with over two decades of experience in the tech and finance industries, I’ve seen my fair share of security breaches and financial disasters. So when I see a company like WhiteBIT achieving the highest level of security certifications like CCSS Level 3 and PCI DSS, it truly stands out.

WhiteBIT, one of Europe‘s largest centralized cryptocurrency exchanges, has made a significant leap forward by being the first exchange worldwide to earn Level 3 certification under the Cryptocurrency Security Standard (CCSS). This certification requires robust security measures such as multi-signature wallets, intricate access controls, and comprehensive disaster recovery plans.

WhiteBIT underwent an extensive 2.5-month evaluation by Hacken, a well-known cybersecurity company, to fulfill these criteria. This assessment encompassed comprehensive checks on both hot and cold wallets, numerous rounds of interviews, and the creation of a comprehensive 97-page final report. The process required three years of preparation and included over 100 pieces of evidence submitted for scrutiny.

WhiteBIT’s commitment to security is underscored by the words of its CEO Volodymyr Nosov: 

Obtaining this certificate demonstrates our unwavering dedication to protecting user belongings. Given the importance of trust in our field, which requires constant reaffirmation, we’ve chosen to adhere strictly to stringent security measures that surpass industry standards.

Record-Breaking Growth for WhiteBIT Exchange

Established in 2018, WhiteBIT caters to a global user community of over 5.5 million individuals. This exchange offers a diverse range of trading options, including over 600 pairs and approximately 300 digital assets. It accommodates nine different fiat currencies and has official collaborations with FC Barcelona, FC Trabzonspor, ESL Faceit, and VISA.

As a crypto investor, I’m always keen to know about the performance of the exchange where my investments reside. That’s why I find it incredibly encouraging that WhiteBIT, the platform I’ve chosen, consistently processes an average daily trading volume of approximately $12.6 billion – an impressive leap of 113.82% compared to previous periods.

These figures aren’t merely numbers. They showcase the increasing faith of WhiteBIT’s users and investors in its services, especially following the acquisition of CCSS Level 3 certification. The exchange’s WBT token similarly embodies this trust, currently trading at $25.17 with a market capitalization of $2.17 billion. Over the past month, the token has risen by 13.60%, and it has increased by 0.70% over the past week.

Beyond Security: New App and US Expansion Plans

WhiteBIT stands out not just in security but also in other aspects. This year, the platform attained the top tier of PCI DSS certification for safeguarding payment data. This prestigious accreditation underscores WhiteBIT’s comprehensive objective – to make blockchain technology both accessible and secure for a wide audience.

WhiteBIT’s aim extends beyond fostering innovation; it also seeks to establish these innovations on a reliable, secure base. To achieve this goal, they are planning an entry into the US market and have recently launched the Bull Run app for user rewards, thereby expanding their influence further.

On WhiteBIT, strong safety protocols minimize the likelihood of issues stemming from human mistakes or cyber attacks. Their disaster recovery systems guarantee that user assets stay secure, even in unforeseen circumstances. This all-encompassing strategy has helped establish WhiteBIT as a trusted and dependable trading platform.

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2024-12-16 19:01