Blofin has been added to CoinGecko‘s exchange category, the world’s largest independent crypto data aggregator. Blofin is known as the fastest-growing perpetual exchange by global users in the year of 2023. Its listing ranking on CoinGecko has once approached 8th, with 24 hour trading volume currently stands at over 1.5 billion dollars.
Attaining the 8th position in the derivative exchange rankings is a testament to the exceptional growth Blofin has achieved across all dimensions since its inception in January 2023. This milestone follows a significant surge in trading diversity, expansion of global operations, and the overall strengthening of our exchange ecosystem. In addition to our CoinGecko listing, it’s worth noting that Blofin has also secured listings on CoinMarketCap and diligently shared its financial data on Nansen as part of our commitment to transparency through the Proof of Reserves (PoR) report. This series of accomplishments underscores our dedication to providing a secure and transparent trading environment for our valued users.
In contrast to the majority of exchanges, which typically offer users only a basic contractual claim to their assets in the event of bankruptcy without insurance, Blofin has taken a significant step forward by partnering with Fireblocks to secure crypto exchange insurance. This policy has the potential to safeguard both the exchange’s hot wallets and cold storage addresses in the event of crypto-related incidents. Matt, CEO of Blofin, emphasized the company’s commitment to enhancing its financial, technical, and service infrastructure, ultimately ensuring customers benefit from a more comprehensive level of protection.
Functions of Blofin – The fastest-growing crypto derivatives exchange
Blofin prioritizes the smooth operation of its platform. It carefully manages the liquidity on the platform while handling the tedious task of filling out numerous price-feeding sites. The exchange offers a comprehensive range of functionalities to help investors trade crypto futures with ease and confidence. Specifically, users can:
- Trade 200+ perpetual contracts margined in Tether;
- Comprehensive trading features like APIs, BBO, K-Line trading, advancedTP/SL, and more;
- Check the most trending crypto news within the network
- Buy crypto with 86+ fiats
- Copy the operations from the top-notch master traders in the world
In 2023, Blofin stands as a rising platform for crypto futures trading, holding a top-30 rank on CoinMarketCap and top-10 on CoinGecko. Known as one of the fastest-growing and most reliable crypto trading platforms globally, Blofin offers a robust suite of pragmatic security measures, AI-powered algorithms, infrastructure, and analytical tools. The Blofin team comprises serial entrepreneurs, executives from traditional finance, professional traders, risk control experts, and more. With over 100 USDT-M perpetual contracts available, Blofin is shaping the future of crypto trading.
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