WhiteBIT Attains Premier Status as the First Exchange to Secure the Most Advanced Cryptocurrency Security Certification

VILNIUS, Lithuania, December 11, 2024 – Chainwire

WhiteBIT, a prominent cryptocurrency exchange, has attained a groundbreaking achievement by securing the elite Level 3 certification under the Cryptocurrency Security Standard (CCSS). This prestigious certification, issued by the CryptoCurrency Certification Consortium (C4), sets a new high for security among cryptocurrency platforms, solidifying WhiteBIT’s reputation amongst the most secure exchanges in operation.

As a comprehensive security framework for cryptocurrency operations, the CCSS augments conventional ICT security protocols such as ISO 27001 and PCI DSS. By incorporating cryptocurrency-specific best practices, the CCSS offers three ascending certification levels, with Level 3 denoting the most stringent standards. To achieve this, companies must implement robust security features including multi-signature wallets, rigorous access control systems, effective disaster recovery processes, and intensive penetration tests, together with meticulous examination of sensitive operation logs, such as data sanitization practices.

WhiteBIT‘s path to certification involved Hacken, a well-respected cybersecurity firm endorsed by C4 to assess CCSS adherence. The audit involved a thorough analysis of WhiteBIT’s security measures after three years of diligent preparation. Spanning 2.5 months, the examination scrutinized the exchange’s cold and hot wallets, required extensive discussions with WhiteBIT’s team, and the evaluation of more than 100 documents encapsulating the exchange’s security guidelines and practices. The final report comprised 97 pages and was the product of numerous tests and questions, ensuring that WhiteBIT satisfies the exacting demands of the CCSS Level 3.

“Our unwavering commitment to ensuring the security of our clients’ assets is validated by this certification,” stated Volodymyr Nosov, proprietor, and CEO of WhiteBIT. “Within a sector where confidence must be built continually, we have set new industry standards with stringent security protocols. Our ambition extends beyond innovation; it includes establishing a trustable and secure framework. The CCSS certification furnishes additional proof of our dedication to securing a reliable trading environment for our vast, international community consisting of over 5.5 million individuals.”

User advantages with WhiteBIT’s CCSS certification:

• Upgraded Security. Implementation of CCSS fortifies user assets and key protection, slashing the chances of hacks or unauthorized access with advanced tools like multisignature wallets.
• Diminished Risks. CCSS helps prevent human errors and makes certain that only qualified staff have access to confidential systems, thus conserving user assets.
• Preparation for Contingencies. WhiteBIT’s recovery protocols are primed to protect client assets in the event of unexpected complications, ensuring a secure trading milieu.

“We rejoice in WhiteBIT’s successful completion of the CCSS audit! Reflecting the potent convergence of skill, resolve, and the pursuit of excellence in web3 security, this accomplishment represents a vital landmark for our firm and contributes significantly to the development of web3 security standards throughout the industry. Our sincerest gratitude goes to WhiteBIT for their trust and recognition of the importance of cutting-edge security measures,” commented Dmytro Yasmanovych, Head of Compliance at Hacken.

For WhiteBIT, achieving this remarkable certification is congruent with its broader ambition of fostering widespread adoption through a commitment to transparency and trustworthiness. Earlier in the same year, the company had also claimed another milestone by attaining the most rigorous level of PCI DSS certification for secure payment data – further affirming its commitment to holistic security measures.

About WhiteBIT

WhiteBIT ranks among the foremost centralized digital currency exchanges in Europe and has been operating since 2018. The platform presents users with over 600 trading combinations, more than 300 cryptocurrencies, and access to nine fiat currencies. It has formed official partnerships with entities like FC Barcelona, FC Trabzonspor, ESL Faceit, and VISA, with the objective of achieving mainstream adoption of blockchain technologies globally.

Contact

WhiteBIT PR Team

[email protected]