Bitunix Rises as a Secure and Competitive Crypto Exchange with No Major Hacks

The Bitunix crypto exchange, established in 2021, has rapidly grown into a leading centralized exchange with daily trading volumes regularly exceeding $1 billion and support for over 565 cryptocurrencies and trading pairs. Despite launching during the peak of the 2021 bull run, Bitunix weathered the 2022 bear market crash and has since built a strong reputation, now serving over 600,000 users globally.

Security is a cornerstone of Bitunix's appeal, with no major hacks reported since its inception. The exchange employs a comprehensive security framework, including multi-signature cold wallets for offline storage of user funds, segregation of hot and cold wallets to minimize online threats, regular third-party penetration testing and audits, and a public proof of reserves system for transparency. Additionally, Bitunix maintains an emergency protection fund and real-time risk monitoring to safeguard against exploits.

In a comparison with industry giant Coinbase, Bitunix distinguishes itself by catering to experienced, high-risk traders with features like leveraged trading up to 125x on over 200 pairs and a robust liquidation mechanism. While Coinbase focuses on regulatory compliance and simplicity for beginners, Bitunix offers lower trading fees, averaging 0.08% to 0.10% under a tiered VIP system, compared to Coinbase's retail fees of around 0.5%. Both exchanges prioritize security with cold storage and two-factor authentication, but Bitunix adds advanced tools like the One Chart platform for seamless trading.

Bitunix holds an 8/10 trust score on CoinGecko and enforces full KYC compliance to meet global anti-money laundering standards, reinforcing its credibility. Its ability to operate without security incidents, combined with high liquidity and user-friendly verification, positions it as a reliable choice for active traders seeking a secure and dynamic trading environment.