Case Study: a leading cryptocurrency exchange achieves stronger bot protection and seamless user verification with GeeTest

Leading Cryptocurrency Exchange Company cuts malicious automation to under 1% with GeeTest

A leading cryptocurrency exchange company faced escalating automated attacks in 2017, including account takeovers and fake account creation. Their existing CAPTCHA system was ineffective against advanced bots and created a high-friction experience that frustrated legitimate users and disrupted trading. To address this, they turned to GeeTest for a solution.

GeeTest implemented its adaptive CAPTCHA verification across the exchange's critical gateways. The solution used behavioral analysis and real-time risk evaluation to silently block bots while allowing most real users to pass through without a challenge. This resulted in a 35% increase in detection accuracy and eliminated malicious automation. The exchange also saw a 22% increase in repeat logins and a 12% rise in daily trades per user, securing $2B in daily trading volume and improving the overall user experience.

Leading Cryptocurrency Exchange Company