Amidst the fall of FTX, BIT emerges as a professional trading platform with an institutional level of security.
The collapse of the FTX exchange sent shockwaves through the cryptocurrency industry. The collapse of the cryptocurrency behemoth was unexpected.
It also laid the groundwork for cryptocurrency exchanges to fully disclose their reserves. Several exchanges then came forward to provide audit details for proof of reserves. This can help to build trust and provide complete transparency about the assets held by the exchanges.
SponsoredSo now that the FTX empire has fallen to the ground, where can users now trade crypto safely? Let us look at BIT, a professional trading platform with international-level security and risk management.
What is BIT?
BIT is a full-suit cryptocurrency exchange that provides options, perps, spot trading, and savings. It is one of the few exchanges that offer crypto-options trading and offers all the features professional traders seek.
Did you know?
The company was developed with top security and risk management features to ensure an excellent trading experience while leveraging high liquidity. BIT was founded in 2020 and is registered in Mahe, Seychelles.
Let us take a deeper look at why BIT can be your next exchange to trade on. With its array of safety features, the exchange gives importance to the security of user funds.
Safety of funds at BIT
Security is given the top priority at BIT.
