17 May 2025

WhiteBIT opens a branch in Australia

WhiteBIT, which is Europe’s largest cryptocurrency exchange, proceeds to further scale up its business globally. The company has opened a representative office in Australia and intends to become a part of the Australian cryptocurrency community and promote blockchain technology on the continent.

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.

The content on The Coinomist is for informational purposes only and should not be interpreted as financial advice. While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, or reliability of any content. Neither we accept liability for any errors or omissions in the information provided or for any financial losses incurred as a result of relying on this information. Actions based on this content are at your own risk. Always do your own research and consult a professional. See our Terms, Privacy Policy, and Disclaimers for more details.

Articles by this author
Senate Nears Consensus on GENIUS Act, Vote Expected Next Week

Senate Nears Consensus on GENIUS Act, Vote Expected Next Week

Updates to the GENIUS Act, aimed at regulating stablecoins, include new provisions on national security and ethics. The Senate is preparing to bring the bill to a vote next week.

Dmytro Psevdonimenko
Méliuz Launches Bitcoin Treasury Strategy Amid Business Overhaul

Méliuz Launches Bitcoin Treasury Strategy Amid Business Overhaul

Shifting gears toward a crypto-first identity, Méliuz is relaunching with plans to become a Bitcoin treasury powerhouse in Latin America.

Anton Kryshtal
Atkins Outlines SEC’s New Crypto Framework

Atkins Outlines SEC’s New Crypto Framework

On May 12, 2025, SEC Chair Paul Atkins introduced a new regulatory strategy for digital assets, with a focus on tokenization, custody, and crypto trading practices.

Vlad Vovk
DDC Enterprise Unveils 3-Year Plan to Hold 5,000 BTC

DDC Enterprise Unveils 3-Year Plan to Hold 5,000 BTC

DDC Enterprise (NYSEAM: DDC) has committed to building a 5,000 BTC reserve, beginning with a 100 BTC purchase and a 36-month accumulation plan.

Vlad Vovk
Monica Long: How Ripple’s Quiet Force Is Redrawing Crypto’s Map

Monica Long: How Ripple’s Quiet Force Is Redrawing Crypto’s Map

Ripple’s Monica Long isn’t chasing headlines—she’s quietly building crypto’s future. From payments to tokenization, here’s how she’s reshaping finance from the inside.

Elina Moskovchuk
Top Crypto Tweets Today: Zerebro Dev Reveals He Faked His Suicide

Top Crypto Tweets Today: Zerebro Dev Reveals He Faked His Suicide

The biggest mystery in today’s Twitter/X recap is Zerebro dev Jeffy Yu, who claimed to take his life on a Pump.fun stream – but later said he faked the video to stop harassment.

Anahit Avetisyan
Top Crypto Tweets Today: Samourai Case, Curve X Hack & More

Top Crypto Tweets Today: Samourai Case, Curve X Hack & More

DOJ prosecutors reportedly suppressed key evidence in the Samourai Wallet case. Crypto lawyer Zack Shapiro shared the defense team’s hearing request on X.

Anahit Avetisyan
How to Buy New Crypto Before Listing: A Step-by-Step Guide

How to Buy New Crypto Before Listing: A Step-by-Step Guide

Buying a cryptocurrency before it’s listed publicly has become one of the most talked-about strategies in the space, offering the potential for major upside—if done carefully.

The Coinomist
The Rise and Fall of Web3 Darlings: A Guide to Crypto Longevity

The Rise and Fall of Web3 Darlings: A Guide to Crypto Longevity

Most Web3 projects don’t collapse—they just stop being talked about. What makes one protocol a star and another a ghost? And why, in crypto, silence might signal transformation rather than failure?

Vlad Vovk
Beyond Profits: Understanding the Spiritual Side of Trading

Beyond Profits: Understanding the Spiritual Side of Trading

Are spiritual habits the missing link in trading psychology? For many, mindfulness and reflection offer a buffer against stress, reduce snap decisions, and aid in staying grounded through market volatility.

Vlad Vovk
How Cryptocurrency and Its Owners Are Tracked

How Cryptocurrency and Its Owners Are Tracked

Think blockchain is private? Wallets have no names and transfers seem untraceable — but that’s misleading. Discover how experts uncover wallet owners and link identities to transactions.

Vlad Vovk
The State of Crypto Regulation in 2025: Where the World Stands

The State of Crypto Regulation in 2025: Where the World Stands

A wave of regulation is sweeping the crypto world in 2025. From Washington to Brussels to Singapore, governments are setting new ground rules. What’s at stake for crypto’s next chapter?

Daryna Nesterenko
Blockchain-Based Distribution Platforms: Taking Control of Your Film’s Future

Blockchain-Based Distribution Platforms: Taking Control of Your Film’s Future

Blockchain lets filmmakers skip middlemen, control distribution, and get paid fairly. Director Markus Müller-Hahnefeld shares how it works.

Sebastian Scheplitz
Bitcoin Retests $101K as Market Consolidation Holds

Bitcoin Retests $101K as Market Consolidation Holds

BTC remains range-bound between $101,000 and $105,000 as the market waits for new catalysts. Despite the pause in momentum, the leading cryptocurrency continues to show underlying strength.

Anton Kryshtal
Bitcoin Retreats Toward $101,000 Amid Mounting Sell-Side Pressure

Bitcoin Retreats Toward $101,000 Amid Mounting Sell-Side Pressure

Bitcoin loses ground despite notable net inflows into spot ETFs, signaling a bearish short-term trend.

Anton Kryshtal
MORE
Earning by Habit: How Crypto Weaves into Everyday Actions

Earning by Habit: How Crypto Weaves into Everyday Actions

You can now earn crypto tokens for your most routine daily habits — shopping, working out, or grabbing breakfast at a café. But how does it actually work?

Yara Zornell
Valletta: How Blockchain Became a Growth Engine for the Island of the Hospitallers

Valletta: How Blockchain Became a Growth Engine for the Island of the Hospitallers

Malta attracts crypto companies from around the world — flexible regulation, low taxes, and a prestigious European jurisdiction have turned the small city of Valletta into a land of opportunity.

Iaroslava Kramarenko
MORE