Blofin Breaks Into Top 25 Derivatives Exchange Ranking on CoinMarketCap and Achieves Top 6 on CoinGecko
MARSHELL ISLANDS - Media OutReach - 21 November 2023 - In just 10 months since its launch, Blofin has achieved a significant milestone by securing the 25th position on CoinMarketCap, establishing itself as one of the fastest-growing derivatives exchanges.
Additionally, Blofin has further solidified its market presence by reaching the top 6 position on CoinGecko earlier. With over 240 perpetual contracts available, the platform boasts an impressive 24-hour trading volume exceeding 5 billion dollars.
Blofin's rankings on CoinMaarketCap and Coingecko
These notable achievements underscore Blofin's exponential growth across all dimensions since its establishment in January 2023. The rise in rankings is concurrent with a significant diversification in trading offerings, global expansion initiatives, and an overall enhancement of the exchange ecosystem, empowering users to trade with ease and confidence.
Blofin is committed to prioritizing user fund security by partnering with Fireblocks to safeguard users' assets and providing insurance coverage for potential crypto-related incidents. This policy ensures protection for both the exchange's hot wallets and cold storage addresses. Additionally, Blofin's financial data transparency has been endorsed by Nansen as part of its the Proof of Reserves (PoR) report.
Notably, Blofin secured a $50 million investment in 2021, led by Kucoin with significant contributions from SIG and Matrix Partners. Kucoin, being a sole investor in Blofin among exchanges, alongside SIG, a major shareholder of TikTok, have shown substantial confidence in Blofin's potential within the crypto exchange domain.
The issuer is solely responsible for the content of this announcement.
Blofin
Blofin has emerged as one of the most rapidly growing and trustworthy crypto trading platforms globally, offering robust security measures, AI-driven algorithms, infrastructure, and comprehensive analytical tools. The Blofin team comprises serial entrepreneurs, traditional finance executives, professional traders, risk control experts, and more. With an extensive selection of over 200 USDT-M perpetual contracts, Blofin continues to shape the future of crypto trading.
Air conditioning is essential in Australia, especially during the scorching summer months, when homes and workplaces can become unbearable without rel...
Creating the perfect balance between indoor comfort and outdoor living is something many homeowners aspire to achieve. In recent years, Lifestyle Aw...
The right bucket can streamline transport and make handling easier day to day. With options suited to food, chemicals and construction materials, th...
While air conditioning is common, it is not always the most cost-effective or sustainable solution, particularly during long hot summers. For homeow...
Air conditioning has become a fundamental part of homes and businesses, providing relief from sweltering summers and keeping interiors warm in winte...
From everyday waste to bulky items like furniture and appliances, finding the right way to dispose of rubbish is not always straightforward. This is...
In the digital age, we're constantly told that first impressions matter, and nowhere does this seem more apparent than in web design. However, a cur...
Many Australians hear the term "TPD" in relation to their superannuation and feel completely lost. If you're scratching your head, wondering what it...
Frequently, numerous new mothers wonder, "What does breastfeeding feel like?" The feeling is different for each individual - a few describe it as a ...
Recent research has revealed that in 2022, 1 in 9 Australians experienced post-traumatic stress disorder (PTSD). For some, this can significantly im...
In today's data-driven world, businesses are constantly searching for ways to gain a competitive edge. One tool that has emerged as a game-changer i...
Life after military service can bring new challenges. From physical limitations to mental health hurdles, many Australian veterans find everyday hou...
If you're shopping for caravans for sale, timing matters almost as much as the layout and features you desire. The calendar shapes price, stock and ...
