Bitcoin (BTC) Trading Volume Marks Record Growth on Bitunix Amid Recent All-Time High
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Singapore /Bitunix/ — Bitcoin (BTC) daily trading volume has set a new record on the Bitunix exchange, surpassing $7.8 Billion on November 11th. With BTC recently hitting all-time highs, trading has increased on the fastest-growing crypto derivatives exchange highlighting the platform’s role as a preferred choice for global crypto traders.
The price of Bitcoin reached its all-time high of $89,000 on November 12th. This price movement has caused a stir in the crypto community and beyond. As a consequence, trading activity on the Bitunix exchange has increased. Known for its speed, security, and ease of use, Bitunix has enabled traders to take full advantage of market opportunities during this historic rally.
Bitunix’s co-founder, Arron Lee, commented on the volume milestone, saying,
“It is historical in a way. It is a pleasure when we see the success of our product after the work we have done. The increase in the price of Bitcoin has attracted interest and the fact that traders have chosen Bitunix makes us happy and makes us work even harder to provide top-notch services for them.”
U.S. Election Outcome and Bitunix Advancements Spark Record BTC Trading Activity
Bitcoin flipped bullish right after it was understood that the winner of the November 5th elections in the U.S. is crypto-friendly Republican Donald Trump. The latter is known for his positive views on crypto and back in July 2024, according to CoinDesk he promised to maintain a “strategic national bitcoin reserve”. BTC’s price continued to increase even during the first weekend after the elections, which is a bullish sign considering that trading activity normally decreases during the weekends with prices dropping.
Besides the increase in the price of Bitcoin, a series of recent advancements at Bitunix, including the launch of its multi-window trading feature, a new mobile app available in over 48 countries, an anti-price manipulation tool, and a proven Proof of Reserves for full asset backing, have driven a surge in BTC trading volume on the exchange.
Bitunix’s growing popularity is further reinforced by regulatory licenses across multiple regions. Together, these developments have solidified Bitunix’s reputation in line with its mission as a transparent, secure, and innovative crypto derivatives exchange, attracting an increasing number of traders worldwide.
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.
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