WhiteBIT Adds Pepe, Bonk, Sui & 57 New Crypto to Expand Collateral Options to 80
The post WhiteBIT Adds Pepe, Bonk, Sui & 57 New Crypto to Expand Collateral Options to 80 appeared on BitcoinEthereumNews.com.
WhiteBIT, a leading European cryptocurrency exchange has significantly expanded its collateral offerings by adding 60 new cryptocurrencies. This raised the total number of collateral assets supported to over 80 and added more versatility to the trading platform. Amongst those newly included assets were the likes of PEPE, BONK, SUI, DAI, AAVE, and many more, allowing access to numerous strategies touching borrow, margin, and futures trading. With the expansion, it looks to focus on remaining relevant in the changing cryptocurrency market. The exchange boasts up to 5.5 million users and brands itself as a one-stop solution for retail and institutional traders. Moreover, through expansion and offering an expanded range of collateral assets on the platform, it seeks to enhance the user’s ability to risk manage while using many other trading strategies. WhiteBIT Expands Collateral Offering with 60 New Cryptocurrencies WhiteBIT’s expansion in offerings is largely driven by the growing demand for such features within the industry as noted by the company. With the new additions, It supports more than 80 collaterals, allowing users to choose a variety of assets for their margin and futures trading. This further highlights the increasing demand for the assets including PEPE, BONK, SUI, DAI, AAVE, as well as many others. While other traders like the niche collaterals of newer tokens that are in contrast to major leans on trading such as bitcoin and Ethereum, such flexibility WhiteBIT is propagating this through its extension. When it tosses these assets into its system, then WhiteBIT has expanded platform capabilities that enable different types of trading. With new opportunities coming in, users can now use tokens such as PEPE or BONK for more questionable trades or for stablecoins like DAI to encrypt trade in case of fluctuating prices. The focus on bringing in these new collateral assets points to…
Filed under: News - @ December 26, 2024 7:26 am