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.
When it comes to maintaining and upgrading your business’s electrical systems, it’s essential to call in a professional. Electrical work in any commercial setting requires the ex...
Purchasing a new property is a big financial decision that can impact your future for years. Whether you are a first-time buyer or an investor, good or bad, it is essential to en...
A sick leave certificate is an official document issued by a healthcare professional to verify an individual's inability to attend work due to illness. It typically includes the ...
Almost half of Australians will experience[1] mental health problems in their lifetime. Recent floods, droughts, cyclones, bushfires and the COVID pandemic have increased dis...
Taking care of the skin and appearance need not be complicated; it need not even consume your hours of time. Smart and simple approaches can give one that glow and fresh look witho...
If you're looking for tattoo removal in Auckland, modern laser technology offers the safest and most effective way to fade or completely remove unwanted ink. Whether it's an outd...
In today’s digital world, personalization is everything. Your smartwatch isn’t just a timepiece—it’s an extension of your style. Thanks to innovative third-party developers, customizing your Apple Watch has reached new heights with stunning designs...
In a fast-paced digital world, businesses must find innovative ways to capture consumer attention. Digital signage has emerged as a powerful solution, offering dynamic and engaging content that attracts and retains customers. From retail stores to ...
Globally, cloud computing is changing the way business organizations manage their IT infrastructure. It offers cheap, flexible and scalable solutions. Cloud technologies are applied in organizations to facilitate procedures and optimize operation...
The First Nations Writers Festival (FNWF) is back for its highly anticipated 2025 edition, continuing its mission to celebrate the voices, cultures and traditions of First Nations communities through literature, art and storytelling. Set to take ...
Websites represent the new mantra of success. One slow website may make escape for visitors along with income too. Therefore it's an extra offer to businesses seeking better performance with more scalability and, thus represents an added attracti...
In the rapidly evolving world of print media, digital printing has emerged as a cornerstone technology that revolutionises how businesses and creative professionals produce printed materials. Offering unparalleled flexibility, speed, and quality, d...
