WhiteBIT opens a branch in Australia

WhiteBIT’s CEO Volodymyr Nosov recently visited Sydney, Melbourne and Canberra, where he held meetings with the Ambassador of Ukraine Vasyl Myroshnychenko and representatives of the Australian government institutions and regulators of the banking field.

We care about the financial freedom and well-being, and security of our users around the world. In Australia, we are assembling a local team of professionals and like-minded people, and later plan to set up a financial hub in Melbourne.

said Volodymyr Nosov.

The Australian branch will be supervised by the appointed CEO of WhiteBIT Australia Oleksandr Syrytsia who previously held the position of WhiteBIT’s International Business Development Manager.

According to Statista, 18,4% of Australians own cryptocurrency. The fast development of the crypto industry in Australia is also demonstrated by big-scale fintech and blockchain events, like the Fintech conference that took place in Melbourne, where WhiteBIT also participated. Such discussion platforms signify a growing interest of the country in implementing innovative projects and new technologies, crypto included.

Opening a WhiteBIT branch in Australia was a logical next step after the company’s expansion in Europe. The exchange platform previously opened offices in Spain and Turkey, where it continues to build a cooperative relationship with the banking, governmental and telecommunications sectors.

WhiteBIT's active users have grown 20 times in one year. We hope that the most advanced methods and technologies of the industry, which were implemented on our platform, will allow WhiteBIT to continue to rapidly grow the number of our customers around the world.

said Volodymyr Nosov.

WhiteBIT’s accounts are protected by 2FA and anti-phishing programs and more than 96% of all currencies are stored in cold wallets. WhiteBIT is among the top 2 security exchanges on the world map based on an independent audit by Hacken. It uses the WAF web application firewall to detect and block hacker attacks. As of now, the company employs more than 500 industry specialists.

WhiteBIT, under the leadership of Volodymyr Nosov, has also been actively involved in aiding Ukraine from the first day of Russia’s full-scale invasion. The company recently donated seven autonomous mobile stations to the Ministry of Foreign Affairs for consular services to citizens in hotspots. WhiteBIT also took part in developing UNITED24 – a fundraiser initiative created by the President of Ukraine Volodymyr Zelenskyy. The WhitePay platform, the subsidiary company of WhiteBit, also organized a crypto fundraiser to help Ukraine. This month WhiteBIT also purchased the Eurovision 2022 trophy for $900,000 as part of a charity auction to help Ukraine’s Armed Forces.