Singapore, December 4th, 2024—Bitunix marked its third anniversary in December. Since its founding in 2021, Bitunix has transformed from a start-up to one of the top 5 crypto exchanges as ranked on Coingecko, showcasing its commitment to innovation, compliance, and user-focused solutions.
On this occasion, the fastest-growing crypto derivatives exchange organized a series of celebrations, including a trading competition offering prizes worth up to $500,000. The competition aims to engage and reward its vibrant trading community while highlighting the platform’s capabilities.
From a start up to a top 10 global crypto exchange: How did Bitunix do it?
During these three years, Bitunix has experienced significant growth by managing to improve the platform's functionality and security, launching various innovative features to ensure seamless crypto buying and selling operations, and creating well-known partners. Here’s a timeline of Bitunix milestones achieved during this period:
2021: The beginning of Bitunix
Bitunix was founded in 2021, laying the groundwork for its entry into the competitive cryptocurrency market. This marked the start of a platform dedicated to innovation and user-focused solutions in crypto space.
2022: Establishing a strong foundation
Bitunix 1.0 was launched, marking the start of its innovative trading platform. The platform also obtained the U.S. MSB (Money Services Business) license, ensuring compliance with financial regulations and building user trust.
2023: Expansion and milestones
Bitunix launched USDT-M Perpetual Futures expanding its trading offerings, increasing market activity. The company raised $20 million, boosting its expansion and product development efforts and applied for the Philippine VASP license, signaling its commitment to expanding global compliance.
2024: A year of global recognition
Bitunix exchange is now ranked among the Top 5 on CoinGecko, cementing its position as a leading player. The exchange obtained MSB licenses in Canada and the Philippines, further solidifying regulatory compliance. It launched $5 million insurance coverage and Proof of Reserve (PoR), showcasing its commitment to security and transparency. And it also introduced the world’s most advanced multi-window feature and copy trading, improving user experience and trading flexibility.
Bitunix historical events. Source: Bitunix
During these three years, Bitunix secured a series of partnerships with companies such as Moonpay, Volet, Coinify, and Alchemy Pay to ensure secure fiat currency purchases for users. The exchange was also audited by Hacken, Certified, and Salus.
Bitunix partners. Source: Bitunix
Bitunix also managed to launch several partnerships with KOLs in the industry. Participated in the Blockchain Life 2024 conference in Dubai, took the stage as a Silver Sponsor at Token2049 in Singapore, and was a Platinum Sponsor of the ETH Riyadh 2024 Web3 Conference.
On the other hand, some of the most valued points by traders is that the exchange offers 125x leverage and high liquidity, thus addressing two critical concerns for cryptocurrency traders.
As part of its 3rd-anniversary celebrations, Bitunix is inviting users to participate in a series of engaging activities with exciting rewards. These include trading challenges with a prize pool of up to 500,000 USDT, giving participants the chance to show their trading skills and get rewarded. Users can also explore their personalized Bitunix Footprint, a summary of their yearly trading activity, offering a reflective look at their journey on the platform. Additionally, Bitunix is hosting social media giveaways on its official Telegram, X, and Instagram channels, where users can engage and win exclusive prizes.
The vision behind Bitunix
“The landscape has changed significantly over the past year. Today, VCs and large investors prioritize security, focusing on profitable companies with strong cash flow. Recognizing this shift, we chose to focus on meeting these new demands instead of crafting an attractive narrative. By doing so, we’ve positioned ourselves as one of the leading exchanges in the industry,”
– Arron Lee (Co-Founder of Bitunix)
The driving force behind Bitunix's success lies in its talented team of professionals from all over the world. The team’s work has been recognized as Bitunix is now one of the largest crypto exchanges by trading volume according to Statista. Bitunix has also invested heavily in customer service, hiring a dedicated team to provide 24/7 support and resolve user concerns effectively.
Now Bitunix is seen as a trusted and transparent exchange, hence it has more than 1 million users worldwide operating in more than 100 countries, with over 500 trading pairs and more than $1 billion daily average trading volume. The exchange now operates in 19 languages worldwide and accepts 50 fiat currencies as payment, making buying crypto an easy process for users wherever they are.
During these years, Bitunix has adhered to its mission to create a community where traders of all levels gather to learn, share, and grow. According to them, there will be new branch openings in Singapore, Japan, and the Philippines. They will continue in line with their mission to ensure a convenient trading environment for users.
About Bitunix
Bitunix is a global cryptocurrency derivatives exchange founded in 2021, committed to offering simple, secure, transparent, and cost-effective trading services to its users. Bitunix specializes in both spot trading and perpetual futures, with over 500 trading pairs and leverage of up to 125x.
With features such as top-tier liquidity, 24/7 customer support, and a strong commitment to regulatory compliance, Bitunix remains at the forefront of providing a reliable trading experience for the global crypto community. Bitunix has attracted more than 1,000,000 users from over 100 countries, facilitating a daily trading volume exceeding $1 billion on its platform.