Bybit

About Bybit Exchange

Bybit is a centralized exchange, founded in 2018 and registered in the British Virgin Islands. Currently, the exchange provides trading services for 518 currencies and 638 trading pairs. Bybit Exchange was founded in March 2018 and is headquartered in Dubai. It is an exchange that provides cryptocurrency spot and derivative commodity trading services. It serves 160 countries and regions and has accumulated more than 10 million registered users worldwide. According to CoinMarketCap, a well-known data tracking website in the cryptocurrency circle, its derivative commodity trading volume ranks second, second only to Binance Exchange. It can be seen that Bybit is one of the most popular exchanges for cryptocurrency people to do contract trading.

Bybit Milestones

2024

·Beyond boundaries, unlimited innovation

·Over 40 million users worldwide, becoming the world's second largest cryptocurrency exchange

·Launch Bybit Web3, attracting 10 million users to join the Bybit wallet

·Opened the first European office in the Netherlands

·Expanded partnerships and became DMCC ecosystem and consulting partner

2023

·Start a new journey

·Completed Dubai headquarters, obtained MVP license

·The number of users exceeded 20 million

·Acquired by CoinGecko Rated as one of the top 3 most trusted cryptocurrency exchanges

· Market share continues to expand, becoming the 3rd largest cryptocurrency exchange

· Global partnership with Mastercard, launching Bybit Card

2022

· Rising against the trend

· Formed a 400-person special team to launch a unified trading account in 39 days

· First to launch BTCUSDC and ETHUSDC options contracts

· Become the chief partner of Oracle Red Bull Racing

· Achieve full transparency, through Bybit Proof of Reserves publishes our asset holdings in real time

2021

·Break through

·Daily trading volume exceeds $70 billion

·Develop into a comprehensive cryptocurrency exchange, providing diversified products and services

·Launch #TheCryptoArk for blockchain believers

2020

·Break through

·Daily trading volume exceeds $4 billion

·Market share exceeds BitMEX

·Number of employees reaches 2,000

2019

·Lay the foundation for the future

·In With the support of 5,000 early users, it achieved break-even in May.

· Established the company's core values: listening, paying attention, and thinking forward.

· Bitcoin transaction processing volume reached 10% of global transaction volume.

2018

· At the beginning of its establishment.

· Bybit was officially established, committed to completely innovating traditional finance, becoming a Crypto Ark, and contributing to the development of cryptocurrency and Web3 ecology.

· With the joint efforts of 10 veteran members, the BTCUSD reverse perpetual contract was successfully launched in just two months.