WhiteBIT, a leading cryptocurrency exchange, has achieved the highest level of certification for payment data security by obtaining the Payment Card Industry Data Security Standard (PCI DSS) Level 1 certification. This accomplishment highlights the platform’s dedication to ensuring top notch security for its users’ financial information.
The PCI DSS certification confirms that WhiteBIT follows the best practices for handling, storing, and processing payment card data, safeguarding users against cyber threats and online fraud. With this certification, customers can securely conduct transactions using payment methods like Apple Pay and Google Pay, confident that their data is protected.
“Our customers’ security has always been a priority at WhiteBIT,” said CEO Volodymyr Nosov. “Over 5 million users trust us, and we continually implement cutting edge security measures to ensure their safety and the transparency of our platform.”
Key Advantages of PCI DSS Certification for WhiteBIT
- Advanced Fraud Protection: WhiteBIT employs robust security protocols, including encryption, tokenization, and access controls, to protect payment card data, minimizing the risks of data breaches and cybercrime.
- Data Privacy: The platform follows industry leading standards to ensure that sensitive user information remains secure and private.
- Expanded Payment Options: With PCI DSS certification, WhiteBIT can offer a wide range of secure payment methods, ensuring all its payment partners comply with these rigorous standards.
- Global Trust and Recognition: The certification demonstrates WhiteBIT’s commitment to international security standards, bolstering its credibility with global partners and investors.
WhiteBIT undergoes an independent audit each year to maintain its PCI DSS certification, ensuring continued compliance with the standard’s 12 core security principles. These audits, conducted by accredited third party organizations, ensure that WhiteBIT remains at the forefront of data protection. In addition, the platform conducts regular external penetration testing to identify and resolve any potential security vulnerabilities.
About PCI DSS
The Payment Card Industry Data Security Standard (PCI DSS) is a global security framework developed by major payment networks such as Visa, Mastercard, American Express, Discover, and JCB to protect cardholder data. The standard includes over 300 security criteria grouped under 12 key principles. PCI DSS certification is divided into four levels, determined by the annual volume of transactions processed.
About WhiteBIT
Founded in Ukraine in 2018, WhiteBIT is one of Europe’s largest centralized cryptocurrency exchanges, offering more than 580 trading pairs and over 270 assets. Supporting 10 national currencies, the platform has partnerships with major companies like Visa, FACEIT, and lifecell. WhiteBIT is also a partner of FC Barcelona, Trabzonspor, and the Ukrainian national football team. In addition, the company collaborates with the National University of Kyiv Mohyla Academy and the Ministry of Foreign Affairs of Ukraine, aiming to drive the global adoption of blockchain technology.
