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WhiteBIT Is the First Cryptocurrency Exchange to Launch Web3 Authorization

| by News Release

From now on, WhiteBIT will provide a strong password and two-factor authentication (2FA) to log in to users’ accounts securely. One of the largest cryptocurrency exchanges in Europe became the first among the world’s CEXs to implement the possibility of authorization using a Web3 wallet. 

The future belongs to technologies that can reliably protect users’ personal data. The WhiteBIT crypto exchange considers this a mission and successfully implements Web3 technologies in the daily work of its users. Recently, an innovative form of authorization Web3 wallet, has become available on the platform. 

“Our mission is to open technologies to the public and make them accessible. Thus, WhiteBIT takes the lead and opens a portal from Web2 to Web3! We are convinced that Web3 is the future technology that can provide high security and privacy for using cryptocurrencies,” said Vladimir Nosov, CEO of WhiteBIT.

It is a safe and straightforward feature available to users in the web version of the crypto exchange. Users need to install the browser extension of their wallet according to the instructions and then log in using the “Login via Web3” button during authorization. The 2FA confirmation is also saved, which increases the security of users’ assets.

WhiteBIT is one of the largest European centralized crypto exchanges with Ukrainian roots, founded in 2018. The company currently employs over 700+ specialists. The exchange offers more than 350+ trading pairs, 270+ assets, and 11 state currencies. The highest average daily trading volume is over $2.5 billion.

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