Bybit

Dubai, United Arab Emirates, August 7th, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced an unprecedented milestone, achieving an all-time high daily trading volume of over 107 billion earlier this week. This remarkable figure represents a staggering four times increase compared to Bybit’s daily average trading volume of 25 billion, solidifying its position as the world’s second-largest cryptocurrency exchange. The record-breaking volume was driven by robust trading activities across a diverse range of products, including perpetuals,…

Dubai, United Arab Emirates, August 6th, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announced its latest product: Bybit Pre-Market Perpetuals. This innovative offering enables users to trade perpetual contracts on forthcoming tokens, providing an opportunity to engage with future values prior to their official market debut. Pre-Market Perpetuals are designed to offer early access to to potential promising new contracts. This helps users avoid potential entry cost increases due to price volatility at launch.  Traders can…

Dubai, United Arab Emirates, August 5th, 2024, Chainwire In the ever-evolving world of cryptocurrency, security is the backbone of user confidence and investment safety. Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is proud to announce its latest upgrade in security measures. This upgrade has been rigorously verified by blockchain auditor CertiK, making Bybit the safest option for trading and exploring Web3 via the Bybit Wallet.   This comprehensive security enhancement will address any issues new users may face when…

The post Bybit Halts Operations in France Amid Regulatory Clampdown appeared first on Coinpedia Fintech News A major cryptocurrency exchange, Bybit, has announced a halt to its services in the French market. Starting August 2, it will cease their operations for the French nationals. It took the closure decision due to recent regulatory developments and stringent regulatory pressures from the Autorité des Marchés Financiers (AMF). Let’s explore what it means for Bybit and its French users. Limited Service Access for…

The post Bybit To Withdraw Its Services From France In Response To Country Regulations  appeared first on Coinpedia Fintech News Crypto exchange Bybit will be withdrawing its services from France in response to regulations in the country. From Aug. 2, French users will no longer be able to purchase any products from Bybit or add to their positions. All deposits to French user’s accounts will also be restricted. In May, France’s financial regulator, Autorité des Marchés Financiers (AMF) issued a…

Dubai, United Arab Emirates, August 2nd, 2024, Chainwire Bybit, the world's second-largest crypto exchange by trading volume, is proud to announce the integration of USDe, a groundbreaking reward-bearing 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…

Dubai, United Arab Emirates, July 22nd, 2024, Chainwire Bybit, 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, 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…

Dubai, United Arab Emirates, July 17th, 2024, Chainwire Bybit, now the world's second-largest crypto exchange by trading volume, is excited to announce a live keynote address by Co-Founder and CEO Ben Zhou: “Leading the Charge in Web3,” scheduled for Jul. 18, 2024, at 8AM UTC. Zhou will broadcast his insights and Bybit’s latest advancements in a year marked by growth and innovation. During the keynote, Zhou will discuss Bybit’s recent milestones of reaching over 33 million users worldwide and achieving…

Dubai, United Arab Emirates, July 16th, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, supports the recent approval of USDC as the first stablecoin issuer under the European Union's Markets in Crypto Assets (MiCA) framework. This landmark decision marks a significant step towards a more mature and institutionalized crypto market within the entire European Union. MiCA's most significant aspect lies in its uniform implementation across all EU member states. This creates a harmonized crypto regulatory environment, eliminating…