Yocbit Surpasses 8M Users, $1.2B Daily Volume
Yocbit's Explosive Growth: 8 Million Users & $1.2 Billion Daily Volume
Leading global digital asset trading platform, Yocbit, announced impressive growth figures for April 2025. The platform boasts over 8 million registered users and a consistent average daily trading volume exceeding $1.2 billion. This surge is coupled with a significant push towards global regulatory compliance, solidifying Yocbit's position in the international crypto market.
US Regulatory Compliance and Global Expansion
Yocbit's commitment to compliance is evident in its recent acquisition of a Money Services Business (MSB) license from FinCEN (Financial Crimes Enforcement Network), a U.S. Department of the Treasury agency. This achievement establishes Yocbit as a legitimate player within the U.S. financial system, paving the way for expansion into European and other global markets.
The company is actively pursuing compliance with the EU's Markets in Crypto-Assets Regulation (MiCA), applying for Crypto Asset Service Provider (CASP) licenses in key European countries including Germany, France, and Italy. Yocbit aims to secure regulatory approvals in over 10 countries and regions within the next 24 months.
User Growth and Platform Capabilities
Yocbit's user base has seen remarkable growth, with a 120% increase year-over-year. An impressive 67% active user ratio demonstrates high platform engagement. The majority of users (78%) hail from the U.S., Europe, Japan, South Korea, and the Middle East. The platform supports over 450 trading pairs, encompassing major cryptocurrencies (BTC, ETH, USDT) and emerging sectors like DeFi, GameFi, and Real World Assets (RWAs).
Yocbit's proprietary matching engine boasts industry-leading performance, processing up to 120,000 transactions per second (TPS) with matching delays under 10 milliseconds. Average daily spot trading volume reaches $1.2 billion, with peaks exceeding $1.8 billion.
Robust Security Measures
Security is paramount at Yocbit. 98% of platform assets are stored in cold wallets, utilizing multi-tiered offline storage technology. An AI-driven risk control system monitors trading activities 24/7, enforcing strict KYC/AML compliance and partnering with leading blockchain security firms like Chainalysis and CipherTrace. Regular third-party audits and penetration testing further enhance security.
Future Plans and Global Reach
Yocbit's International Compliance Director emphasized the company's dedication to leading the industry toward legalization, standardization, and globalization. To better serve its growing user base, Yocbit plans to establish 10 international operation centers and 3 localized customer service centers by the end of 2025.
Yocbit's CEO concluded that compliance, technology, and a global strategy are crucial for success in the future digital economy. The company remains committed to expanding its international presence, enhancing service quality and security, and creating a trustworthy ecosystem for global investors.
Contact: Timothy I. Hall
Company: YocBit
Website: https://web.yocbit.top https://yocbit.top
Email: [email protected]
Disclaimer: This press release is not investment advice. Always conduct thorough due diligence before investing in cryptocurrencies.