Bybit is celebrating explosive growth alongside 37 million loyal users! In a rousing biannual keynote address, Bybit CEO Ben Zhou unveiled the exchange’s remarkable achievements and ambitious vision for the future, fueled by the unwavering support of its global community.
Bybit will be prepared with its new Bybit Web3 service. “The industry is heading towards Web3,” Ben said. “The Bybit goal is to bridge the gap between self-custody, decentralised Bybit Wallet, and the centralised exchange (CEX). We want to provide the CEX look and feel, and service but allow our users to explore Web3 in a decentralised way.”
Riding the Crypto Wave with Unmatched Growth
Bybit is experiencing phenomenal growth! The exchange has secured its position as the world’s #2 Spot crypto market and #3 Derivatives market (by trading volume), solidifying its leadership in the industry. This phenomenal growth is further amplified by a thriving VIP programme boasting over 90,000 satisfied members who enjoy exclusive perks and dedicated offline events.
Championing User Experience and Security
Bybit goes beyond just numbers; our focus is on empowering users through innovation. Our innovative Bybit Web3 service bridges the gap between self-custody, decentralised Bybit Wallet, and the familiar convenience of a centralised exchange. This translates to a seamless user experience while granting the freedom to explore the exciting world of Web3.
Further solidifying our commitment to user education, in the first half of 2024 (H1), we hosted a phenomenal 24 live stream sessions garnering over 30 million views, providing the Web3 community with a platform to learn, trade, and connect with industry experts and enthusiasts. We don’t stop there – Bybit offers a comprehensive educational programme, a free AI assistant (TradeGPT), and exclusive trading tools like the Future Combo Trading Bot – all designed to equip newcomers with the knowledge and confidence to navigate the crypto landscape with ease.
Security remains paramount in Web3, and Bybit takes it seriously. We’ve implemented a robust suite of advanced risk control measures, including features like one-click account freeze, biometric and Telegram notifications, and cutting-edge AI-powered live face and virtual camera detection to ensure the safety and security of your assets.
Expanding Horizons: Global Compliance and the Bybit Card
Bybit is taking decisive steps towards global expansion. With a MiCA license on the horizon for Europe and applications submitted in other key jurisdictions, Bybit is demonstrating its dedication to regulatory compliance.
The Bybit Card continues to break new ground, recently launching in Argentina. This revolutionary card seamlessly integrates with Google and Apple Pay, allowing users to spend their crypto anywhere Mastercard is accepted. With multi-asset spending options and automatic conversion to local currency, the Bybit Card offers unmatched convenience and up to 10% cash back on purchases!
Building a Future Powered by Crypto
Bybit’s relentless pursuit of innovation doesn’t stop there. The exchange is steadfast in its mission to make crypto accessible and beneficial for everyone. With a focus on regulatory compliance, cutting-edge Web3 services, and unparalleled user engagement programmes, Bybit is leading the charge towards a future brimming with the transformative power of crypto.
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