The Good Tech Companies - Bitunix Enters Top 15 On CoinGecko Rankings, Achieving Milestone In The First Week Of September 2024

Episode Date: September 9, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/bitunix-enters-top-15-on-coingecko-rankings-achieving-milestone-in-the-first-week-of-september-2024. ... This milestone comes on the heels of Bitunix unveiling its reserves through the implementation of Proof of Reserves (PoR), a move that has set a new standard fo Check more stories related to tech-stories at: https://hackernoon.com/c/tech-stories. You can also check exclusive content about #bitunix, #web3, #chainwire, #press-release, #bitunix-announcement, #crypto-exchange-lawsuit, #cryptocurrency-investment, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Bitunix ranks as the 13th global exchange on CoinGecko, categorized by trust score on September 2, 2024. This milestone comes on the heels of Bitunix unveiling its reserves through the implementation of Proof of Reserves (PoR), a move that has set a new standard for transparency in the industry.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Batoonix enters top 15 on CoinGecko rankings, achieving milestone in the first week of September 2024, by Chainwire. Dubai, United Arab Emirates, September 9, 2024, Chainwire. Asterisk Batoonix, a rapidly growing player in the cryptocurrency exchange market, has made a significant leap by ranking as the 13th global exchange on CoinGecko, categorized by Trust Score on September 2, 2024. This milestone comes on the heels of Batoonix unveiling its reserves through the implementation of proof-of-reserves, POR, a move that has set a new standard for transparency in
Starting point is 00:00:41 the industry. By disclosing the proof of reserves, Batunix has solidified its reputation as some of the most secure, liquid, and transparent derivatives exchanges worldwide. The exchange has established its place amongst some of the most eminent names in the crypto industry. Factors behind Batunix's growth The crypto industry comprises of 1,000-plus exchanges, making it a saturated marketo break-in. Batunix, one of the fastest-growing crypto derivatives exchanges, climbed up the ladder by adopting different practices required to maintain a transparent and secure environment for all kinds of traders. Batunix's poor initiative reassures users that their funds are backed by real, verifiable reserves, setting a benchmark for accountability.
Starting point is 00:01:30 Besides a secure platform, the exchange also allows users to execute trades directly on the chart with minimal effort, making the user experience phenomenal. In addition to this, Batunix also accounts for high liquidity across 250-plus trading pairs and 24x7 customer support. A testimony for Crypto UserSco Coingecko's trust score evaluates exchanges based on factors including transparency, security, and liquidity. Achieving a high rank on Coingecko, a trusted and widely respected platform in the cryptocurrency space, is more than just a number. It can signify a vote of confidence from the broader crypto user base and communities. These rankings collectively reinforce Batoonix's reputation as a reliable and user-centric exchange. With the launch of POR,
Starting point is 00:02:10 Batoonix joins the ranks of other trusted exchanges such as Bybit, OKEx, and Bitgit, further establishing ITS credibility and appeal. In fact, this success comes along with another of Batoonix's great achievements in such a short time, which is to surpass 1 million users. There are other platforms and rankings that are also validating Batoonix's achievements, either by showing the exchange's proof of booking, ranking it at the top of the rankings, etc. Some of these platforms are CoinMarketCap and DeFiLlama. This achievement highlights the progress Batoonix is making in its commitment to becoming the world's leading derivatives exchange. With every milestone, Batoonix brings users closer to an environment where trading is effortless, secure, transparent, and increasingly liquid. Moreover,
Starting point is 00:02:55 as the company itself points out on its social media, this is just the beginning, as 2024 still brings major releases that they claim will revolutionize the way cryptocurrency trading ISD1 to date. About BitUnix, Batoonix is a global crypto derivatives exchange founded in 2021 and dedicated to offering intelligent, social, highly secure, and cost-effective trading services to its users. Batoonix specializes in both crypto spot and perpetual futures trading, boasting more than 250 trading pairs with up to 125x leverage. With attributes such as best liquidity, 24x7 customer support, and a strong commitment to regulatory compliance, Batunix remains at the forefront of delivering a
Starting point is 00:03:37 reliable trading experience for the global crypto community. Batunix has attracted over 1 million users from 100- plus countries and has facilitated a cumulative daily trading volume that exceeds $1 billion on the platform. Website, Telegram, X, LinkedIn Contact kuthbatunixx.wu at batunix.io. Tip This story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. Thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

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