Latest news with #WhiteBIT
Business Insider
3 days ago
- Business
- Business Insider
WhiteBIT Launches Hedge Mode to Empower Crypto Futures Traders with Advanced Risk Management Tools
Vilnius, Lithuania, June 11th, 2025, Chainwire WhiteBIT, Europe's biggest cryptocurrency exchange by traffic, today announced the launch of Hedge Mode for futures trading — a new feature designed to give traders greater control and strategic flexibility in navigating market volatility. Hedge Mode enables users to simultaneously open long and short positions on the same futures market, allowing for more precise risk management and the execution of advanced trading strategies. This stands in contrast to One-Way Mode, the current default, where users can only hold a single directional position (either long or short) per market. The feature is now live in all regions where WhiteBIT supports futures trading, marking a major milestone in the platform's evolution into a professional-grade trading environment. 'Volatility is both a challenge and an opportunity in crypto markets,' said Volodymyr Nosov, CEO of WhiteBIT. 'With Hedge Mode, we're giving our users more control, more flexibility, and better protection—especially in fast-moving conditions. It's a significant step forward in our mission to make crypto trading safer and smarter.' The launch comes amid continued turbulence in the cryptocurrency market. In April 2025 alone, over $1.3 billion in crypto derivatives positions were liquidated, affecting nearly 310,000 traders, according to data from CoinGlass. These figures highlight the extreme risks faced by traders and the growing need for more sophisticated tools to manage open positions and hedge against sudden price movements. Feature Highlights In Hedge Mode, users can open both long and short positions simultaneously on the same futures contract. This unlocks key trading capabilities: Risk Hedging – Protect existing positions against market reversals Granular Management – Handle positions across different timeframes or strategies Strategic Execution – Enable complex setups such as grid trading, arbitrage, or neutral hedging Users can seamlessly switch between Hedge Mode and One-Way Mode based on their current trading strategy and market outlook. Continuing a Wave of Innovation The launch of Hedge Mode follows a series of innovative features rolled out by WhiteBIT in recent months, including the Buy Crypto functionality for fast fiat-to-crypto conversion, the 1x10 trading bot for automated strategy deployment, and the introduction of Isolated Margin Mode for Futures on Sub-Accounts—designed to provide enhanced flexibility and margin control across different portfolios. These upgrades underscore WhiteBIT's ongoing commitment to empowering traders of all levels with institutional-grade tools. About WhiteBIT WhiteBIT is the largest European cryptocurrency exchange by traffic, offering over 780 trading pairs, 330+ assets, and supporting 9 fiat currencies. Founded in 2018, the platform is a part of WhiteBIT Group, which serves more than 35 million customers globally. WhiteBIT collaborates with Visa, FACEIT, FC Barcelona, and the Ukrainian national football team. The company is dedicated to driving the widespread adoption of blockchain technology worldwide.
Associated Press
06-03-2025
- Business
- Associated Press
WhiteBIT and Bequant Announce Strategic Partnership to Advance Institutional Crypto Trading
VILNIUS, Lithuania, March 06, 2025 (GLOBE NEWSWIRE) -- The cooperation aims to offer professional investors deeper liquidity, enhanced trading capabilities, and exceptional market access. WhiteBIT, Europe's largest cryptocurrency exchange by traffic, has partnered with Bequant, a leading provider of institutional crypto trading solutions. This collaboration is keen to create a comprehensive ecosystem tailored for institutional traders, offering modern trading tools and compliance-driven infrastructure. The crypto industry has witnessed rapid institutional adoption, with professional traders seeking advanced trading capabilities, regulatory compliance, and efficient liquidity access. WhiteBIT and Bequant's partnership aligns with this evolving landscape, equipping institutional investors with scalable, secure, and efficient trading solutions. 'This collaboration with Bequant is a strategic move to further enhance institutional crypto trading. By combining our expertise, we're ensuring that professional traders and institutional clients gain exceptional access to deep liquidity, regulatory-compliant infrastructure, and advanced trading tools,' said Volodymyr Nosov, Founder and President of WhiteBIT. Bequant Institutional Expertise Bequant is a top-tier proprietary trading firm that focuses on market making, quantitative trading, and institutional crypto services. By employing sophisticated trading strategies and efficient capital allocation, the firm enhances liquidity and improves overall market efficiency. As a regulated entity, Bequant also offers institutional investors a range of services, including OTC trading, lending solutions, and secure custody options. 'Partnering with WhiteBIT allows us to build deeper liquidity for institutional crypto trading across Europe, combining our expertise to deliver efficient, compliant solutions,' comments George Zarya, Founder of Bequant. Key Partnership Benefits The partnership between WhiteBIT and Bequant enables institutional clients to access WhiteBIT's deep liquidity and advanced trading infrastructure through Bequant's brokerage network. Market makers and high-volume traders using Bequant can now integrate WhiteBIT into their trading strategies, upgrading trade efficiency across different exchanges. Through this collaboration, institutional clients benefit from the following key advantages: Deep Liquidity & Market Efficiency. Institutional clients will gain access to over $2 trillion in annual trading volume, ensuring robust market depth and optimal liquidity conditions. Multi-Market Access. The partnership enables trading across spot, futures, and margin markets with competitive leverage options and advanced execution strategies. Regulatory Compliance & Security. WhiteBIT and Bequant adhere to international regulatory standards, including ISO/IEC certification and GDPR compliance, ensuring a secure trading environment. Seamless API Connectivity. REST, WebSocket, and FIX 4.4 integration will provide real-time market data access, automated trading capabilities, and efficient trade execution. WhiteBIT's Institutional Growth and Leadership As part of a trusted and scalable ecosystem, WhiteBIT serves over 8 million users and more than 1,300 institutional clients, offering a reliable infrastructure for professional traders seeking efficiency and security in digital asset markets. In 2024, WhiteBIT reported a $2.7 trillion annual trading volume, primarily driven by institutional clients, reinforcing its position as a leader in institutional crypto trading. About WhiteBIT WhiteBIT is the largest European cryptocurrency exchange by traffic, offering over 730 trading pairs, 330+ assets, and supporting 9 fiat currencies. Founded in 2018, the platform is a part of WhiteBIT Group that serves more than 35 million customers globally. WhiteBIT collaborates with Visa, FC Barcelona, Fireblocks, ClearJunction, and The company is dedicated to driving the widespread adoption of blockchain technology worldwide. About Bequant Bequant is where traditional investing meets cryptocurrency—a one-stop solution for professional digital asset investors and institutions. Located and regulated in Malta, Bequant's breadth of products include prime brokerage, custody and fund administration, all enhanced by an institutional trading platform providing low-latency trading, liquidity and direct market access for investors. The Bequant team is composed of experts from institutional, retail and digital financial services with experience in banking, derivatives, electronic trading and prime brokerage.
