WhiteBIT is going all out with plans to target retail and institutional investors. During our recent Liquidity 2025 event, the exchange launched several new services. Each of these services has been developed with the express purpose of catering exclusively to larger market players. This decision reflects a larger strategic change. It is supposed to be the bridge between centralized finance (CeFi) and decentralized finance (DeFi), providing institutions with the best of both worlds. For Token ATH! readers, this could signal a healthier, more stable and more mature crypto market as institutional players continue to adopt the assets.
The core of WhiteBIT's strategy revolves around addressing the key concerns of institutional investors: security, compliance, and scalability. These firms need solid infrastructure and regulatory clarity before they will put a lot of capital into digital assets. WhiteBIT is addressing all these challenges with its innovative solutions.
WhiteBIT's Institutional-Grade Solutions
WhiteBIT is launching a marquee of new services for institutions. These are intended to offer an efficient and compliant gateway to the secure digital asset market.
- Institutional-grade custody solutions: Secure storage of digital assets is paramount for institutions. WhiteBIT's custody solutions offer a high level of protection against theft and loss, ensuring the safety of client funds.
- Over-the-counter (OTC) trading platform: This platform allows institutions to execute large trades without impacting the broader market. OTC trading provides discreet and efficient execution for substantial orders.
- Wallet address generation: Supporting over 330 cryptocurrencies across 80 blockchain networks, WhiteBIT offers flexibility and convenience for institutions managing diverse portfolios. This extensive support allows for seamless integration with existing systems.
- Access to deep liquidity pools: With more than 740 cryptocurrency trading pairs, WhiteBIT provides access to significant liquidity, enabling institutions to enter and exit positions quickly and efficiently.
Enhanced API Suite
WhiteBIT knows that advanced professional traders need access to powerful trading tools. Which is why they built one of the first ever Institutional API suite. It provides sub-millisecond response times, real-time data feed and the instructions to execute them algorithmically and high-frequency trading customizable parameters. These features are indispensable for institutions seeking to deploy sophisticated trading strategies and manage risk in a comprehensive manner.
Security and Compliance: Cornerstones of Institutional Trust
WhiteBIT understands that security and compliance are important and necessary components to build institutional investment. The exchange has heavily invested in various systems and protocols to protect the safety of its platform and the integrity of its operations.
- PCI DSS Certification: WhiteBIT has achieved Payment Card Industry Data Security Standard (PCI DSS) certification, demonstrating its commitment to protecting sensitive data. This certification encompasses over 300 criteria across 12 key principles of information security. An annual independent audit is conducted to maintain this certification, ensuring ongoing compliance.
- Bug Bounty Program: WhiteBIT operates a public bug bounty program on HackenProof, offering significant rewards for the discovery of critical vulnerabilities. This program incentivizes security researchers to identify and report potential weaknesses in WhiteBIT's systems, enhancing the platform's overall security posture. A reward of $10,000 is offered for each critical bug discovered in web, API, Android, and iOS applications.
- AML Compliance: WhiteBIT collaborates with Global Ledger, a blockchain forensics company, to help institutions meet Anti-Money Laundering (AML) regulations. This partnership provides tools and services for monitoring and analyzing blockchain transactions, ensuring compliance with regulatory requirements.
- Independent Security Audits: WhiteBIT partners with Hacken, an independent audit firm, to conduct regular security audits. Hacken has given WhiteBIT an A rating and ranked it among the top 3 most secure crypto exchanges according to cer.live.
The Significance of CeFi/DeFi Integration for Institutions
This synthesis of CeFi and DeFi presents institutions with a unique opportunity to enter the digital asset markets. This combination gives them unprecedented control and efficiency in their operations. CeFi provides the regulated infrastructure and tried-and-true frameworks institutions are accustomed to and more importantly, trust. On the other hand, DeFi provides tremendous access to breakthrough cash merchandise and companies.
WhiteBIT does that powerful bridge between CeFi and DeFi. This strategy addresses institutional investors’ requirements immediately by providing a secure, compliant, and scalable infrastructure for the safe handling of digital assets. This type of approach will help drive broader institutional adoption for digital assets. Not only will it therefore legitimize the crypto market, it will lay out a pathway for future growth. With its innovative approach and commitment to security, WhiteBIT is positioning itself as a leader in the rapidly changing world of digital finance. They are achieving this through their institutional-grade custody, OTC trading, and API suite.