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), setting a new standard for transparency in the industry.
Factors Behind Bitunix's Growth
The crypto industry comprises over 1,000 exchanges, making it a saturated market. Bitunix, one of the fastest-growing crypto derivatives exchanges, climbed up the ladder by adopting different practices required to maintain a transparent and secure environment for all kinds of traders. Bitunix’s PoR initiative reassures users that their funds are backed by real, verifiable reserves, setting a benchmark for accountability. Besides a secure platform, the exchange also allows users to execute trades directly on the chart with minimal effort, making the user experience phenomenal. Additionally, Bitunix also accounts for high liquidity across 250+ trading pairs and 24/7 customer support.
User Trust and Recognition
CoinGecko’s Trust Score evaluates exchanges based on factors including transparency, security, and liquidity. Achieving a high rank on CoinGecko, a trusted and widely respected platform in the cryptocurrency space, signifies confidence from a 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 trusted exchanges such as Bybit, OKX, and Bitget, further establishing its credibility and appeal. With the user base surpassing 1 million, Bitunix continues to prove its significance in the crypto space. Other platforms and rankings also validate Bitunix's achievements, such as Coinmarketcap and DeFiLlama.
About Bitunix
Bitunix is a global crypto derivatives exchange founded in 2021, dedicated to offering intelligent, social, highly secure, and cost-effective trading services. Bitunix specializes in both crypto spot and perpetual futures trading, boasting more than 250 trading pairs with up to 125x leverage. With attributes such as best liquidity, 24/7 customer support, and 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.
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 itself points out on its social media, this is just the beginning, as 2024 still brings major releases that they claim will revolutionize the way cryptocurrency trading is done to date.
Comments