WhiteBit, Europe’s largest crypto exchange by traffic, took part in LTP’s institutional digital asset summit Liquidity 2025, held in Hong Kong on April 7, as a golden partner, and announced a suite of new institutional services.
The event saw numerous asset managers, trading experts, regulators, and custodians discussing the growing convergence of traditional, centralized finance (CeFi) and decentralized finance (DeFi).
Chief Commercial Officer (CCO) Sergii Bulgakov, who was in attendance, took to the stage in a panel discussing integration challenges, differences in trading infrastructure between CeFi and DeFi, and the potential of a hybrid model between the two paradigms.
WhiteBit’s CCO summarized the exchange’s mission thusly:
“Institutions play a crucial role in the maturation of the digital asset ecosystem, bridging the gap between traditional finance and the rapidly evolving crypto market. At WhiteBIT, we are committed to providing institutional investors with secure, innovative, and scalable solutions that empower them to navigate this transformation with confidence.”
WhiteBit’s new institutional services — OTC trading, custody solutions, liquidity pools
However, the exchange, which recently expanded into the Australian market, did not limit its action at the summit to lofty statements. WhiteBit also revealed upgrades to several key offerings, in a bid to position itself as a leading force at the intersection of institutional finance and digital assets.
At present, WhiteBit offers competitive trading fees as low as 0.012%, secure Euro-crypto transactions via SEPA for businesses, token listing services, access to a 35 million+ strong user base, colocation services for reduced latency, and crypto-as-a-service (CaaS), allowing businesses to seamlessly integrate crypto functionalities.
That suite of features and services has now been bolstered by the addition of institutional-grade custody solutions, an over-the-counter (OTC) trading platform, wallet address generation with support for more than 330 cryptocurrencies across 80 blockchain networks, and access to deep liquidity pools for more than 740 cryptocurrency trading pairs.
Since the start of the year, the exchange has made significant strides in catering to the institutional investing market. January saw an agreement between WhiteBit and Turkey’s Misyon Bank — in March and April, respectively, the exchange announced a partnership with trading solutions provider Bequant, as well as a major milestone in more than 1 million transactions processed via its Visa-supported card.
