WhiteBIT, the largest European cryptocurrency exchange by traffic, has announced a partnership with Bequant, an institutional-grade crypto trading solutions provider, as disclosed to Finbold on Thursday, March 6.
The partnership will see the establishment of a robust ecosystem tailored primarily for institutional traders, characterized by advanced trading tools and compliance-driven policies.
Institutional crypto trading
With the increasing adoption of cryptocurrencies and blockchain technology at the institutional level, the demand for sophisticated yet transparent crypto trading solutions continues to rise.
WhiteBIT’s collaboration with Bequant is a response to the growing demand.
According to Volodymyr Nosov, Founder and President of WhiteBIT, the partnership is envisioned as a means of providing institutional investors with scalable and secure 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.”
Bequant joins the collaboration with years of experience as a proprietary trading firm focused on market making, quantitative trading, and institutional crypto services, such as over-the-counter (OTC) trading, lending, and secure custody options.
Both parties also boast ISO/IEC certification and General Data Protection Regulation (GDPR) compliance, with application programming interface (API) connectivity through REST, WebSocket, and FIX 4.4 providing real-time market data access and enhancing automated trading capabilities.
Deep liquidity for institutional clients
With proven trading and capital allocation strategies, Bequant is also expected to play an important role in enhancing market liquidity and overall trade execution efficiency.
Institutional clients will likewise be able to tap into WhiteBIT’s deep liquidity and advanced trading infrastructure via Bequant’s brokerage network for more streamlined trade executions on both platforms.
Other key advantages include access to over $2 trillion in annual trading volume as well as multi-market trading across spot, futures, and margin markets with leverage.
