WhiteBIT Becomes First Exchange to Achieve Level 3 CCSS Certification

On Dec 16, 2024 at 3:41 pm UTC by · 3 mins read

WhiteBIT has become the first global exchange to secure Level 3 certification under the Cryptocurrency Security Standard (CCSS).

WhiteBIT, one of Europe’s largest centralized crypto exchanges, has achieved a groundbreaking milestone by becoming the first exchange globally to secure Level 3 certification under the Cryptocurrency Security Standard (CCSS). Level 3 certification demands advanced protocols like multi-signature wallets, detailed access controls, and stringent disaster recovery plans. 

WhiteBIT underwent a rigorous 2.5-month audit led by Hacken, a leading cybersecurity firm, to meet these requirements. The assessment included thorough examinations of hot and cold wallets, hours of interviews, and a detailed 97-page final report. The process took three years of preparation and involved over 100 artifacts submitted for review.

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

“This certification is a proof of our strong commitment to safeguarding our users’ assets. In an industry where trust must be earned every day, we have embraced rigorous security protocols that set new benchmarks for excellence.”

Record-Breaking Growth for WhiteBIT Exchange

Founded in 2018, WhiteBIT serves a growing user base of over 5.5 million people worldwide. The exchange boasts more than 600 trading pairs and 300 digital assets, and it supports nine fiat currencies. It also maintains official partnerships with FC Barcelona, FC Trabzonspor, ESL Faceit, and VISA.

On average, WhiteBIT processes 24-hour trading volumes totaling $12.6 billion — an impressive 113.82% increase. The BTC/USDT trading pair alone sees daily volumes exceeding $2.1 billion. In addition, futures contracts on the platform see daily trade values of around $36 billion, with $7.8 billion in open interest.

These numbers aren’t just statistics. They reflect the growing confidence of users and investors in WhiteBIT’s services, particularly after achieving the CCSS Level 3 certification. The exchange’s WBT token also mirrors this trust, trading at $25.17 and boasting a market cap of $2.17 billion. The token has surged 13.60% in the past month and 0.70% weekly.

Beyond Security: New App and US Expansion Plans

Security isn’t the only area where WhiteBIT shines. Earlier this year, the exchange also achieved the highest level of PCI DSS certification for payment data protection. These credentials reflect WhiteBIT’s broader goal — making blockchain technology accessible and secure for the masses.

“Our goal isn’t just to drive innovation but to ensure that these advancements are built on a secure foundation,” Nosov added. With plans to enter the US market and the recent launch of the Bull Run app to reward users, WhiteBIT continues to expand its reach.

The platform’s robust security measures significantly reduce risks associated with human error and cyber threats. With systems in place for disaster recovery, WhiteBIT ensures user funds remain protected even during unexpected events. This comprehensive approach has solidified its reputation as a reliable exchange.

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