INTELLIGENT MOBILE TECHNOLOGY
Bybit now second-largest cryptocurrency exchange by trading volume with 37 million users
B ybit , the world ’ s second-largest cryptocurrency exchange by trading volume , 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 , fuelled 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 selfcustody , 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 .”
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 , strengthening its leadership in the industry . This growth is further amplified by a thriving VIP programme boasting over 90,000 satisfied members who enjoy exclusive perks and dedicated offline events .
Bybit goes beyond just numbers . The focus is on empowering users through innovation . The innovative Bybit Web3 service bridges the gap between selfcustody , 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 strengthening commitment to user education , in the first half of 2024 , H1 , Bybit hosted 24 livestream sessions garnering over 30 million views , providing the Web3 community with a platform to learn , trade , and connect with industry experts and enthusiasts . Bybit does not stop there and 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 . Bybit has implemented a robust suite of advanced risk control measures , including features like one-click account freeze , biometric and Telegram notifications , and cutting-edge
Bybit hosted 24 livestream sessions garnering over 30 million views , providing the Web3 community with a platform to learn and trade .
Ben Zhou , CEO Bybit
AI-powered live face and virtual camera detection to ensure the safety and security of your assets .
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 .
Bybit also announced integration of USDe , a stable margin collateral , into its platform . This integration marks a significant milestone in empowering traders to efficiently manage their collateral while unlocking rewards and earning yields .
This strategic integration between Bybit and Ethena represents a forward-looking move that seeks to reshape the stablecoin landscape in the cryptocurrency industry . Bybit ’ s adoption of Ethena ’ s USDe introduces a new paradigm in trading rewards and collateral management . •
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