Bybit

Dubai, United Arab Emirates, July 1st, 2024, Chainwire Bybit, the world's second-largest web3 platform by trading volume, has recently ascended to the second position in terms of market share. To commemorate this remarkable achievement and extend our heartfelt appreciation to Bybit's global community, the Spot team is launching a reward program designed to enhance user benefits and elevate their trading experience. From now until 10AM UTC, July 11, all existing Bybit users and new users are invited to join a series…

Dubai, United Arab Emirates, June 28th, 2024, Chainwire Bybit, the world’s second-largest web3 platform by trading volume, marks a new chapter in its commitment to the Turkish market by resounding the partnership with Narkasa to continue the operation of Bybit Turkiye. Bybit Turkiye will be an independent brand, brought and operated by Narkasa Yazılım Ticaret Anonim Şirketi, a Turkish domiciled entity. This latest development signifies Bybit's dedication to providing Turkish users with a more localized and secure crypto trading experience. What's…

Dubai, United Arab Emirates, June 27th, 2024, Chainwire Bybit, the world’s second-largest web3 platform by trading volume, is proud to announce its recognition as the recipient of the prestigious Banking and Finance - Innovative Collaborations and Partnerships Achievement Award at the MEA Business Awards 2024. This award celebrates Bybit's groundbreaking initiative and the Blockchain for Good Alliance, which aims to harness Web3 technologies for social good. The MEA Business Awards 2024, hosted by MEA Business Magazine, recognizes exceptional businesses and organizations…

Bybit outshines Coinbase to become the second-largest centralized exchange by trading volume after recording an eight-month growth in market shares of 8%.  According to data, Coinbase recorded only 1% growth during the period, with Binance declining from 60% to 54%.  A recent surge in trading volume has positioned Bybit as the second largest centralized crypto exchange (CEX), replacing Coinbase and “sitting” behind Binance. According to data by Kaiko, Bybit has witnessed an incredible growth of 8% in market shares over…

Dubai, United Arab Emirates, June 26th, 2024, Chainwire Bybit, the world’s second-largest crypto exchange by trading volume, announces that Bybit Card brings its customers Apple Pay, a safer, more secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses the power of iPhone to protect every transaction. Customers can hold their iPhone or Apple Watch near a payment terminal to make a contactless payment.…

Bybit unveils Copy Trading Pro, a platform connecting investors with vetted Pro Masters for strategy mirroring and potentially more consistent returns in the crypto market. Investors will be able to mirror the trades of Pro Masters while Pro Masters benefit from profit-sharing and strategic flexibility. ByBit, one of the largest crypto exchange by market volume has made headlines with the launch of the much-anticipated Copy Trading Pro. This innovative platform, through Copy Trading Pro, will enable traders to automatically clone…

Just recently, Crypto exchange platform Bybit publicly announced that Chinese users who live outside of the region can open an account and use its services. While there has been no opposition from the Chinese government so far, the crypto space has been in a frenzy state, with industry analysts projecting an incoming surge for many cryptocurrency. Moreso, this significant move indicates a monumental shift in the cryptocurrency world which could cause a ripple effect for some cryptocurrencies in the altcoin…

Dubai, United Arab Emirates, June 7th, 2024, Chainwire Bybit, one of the world’s top three crypto exchanges by volume, is proud to announce its recognition as the Crypto Exchange of the Year at the Next Block Expo (NBX), one of the biggest Web3 events in Europe. This prestigious award signifies Bybit's unwavering commitment to innovation, security, and user experience in the dynamic crypto landscape. “Bybit’s recognition as Crypto Exchange of the Year is a testament to their exemplary leadership and…

Bybit allows Chinese users to register, reversing its strict ban, reflecting a shift in its operational policy. Bybit’s move to allow Chinese users raises internal concerns about potential regulatory repercussions and compliance challenges. Bybit, the world’s third-largest offshore cryptocurrency exchange, has recently allowed users in China to register and authenticate on its platform. This decision marks a shift from Bybit’s long-standing policy of prohibiting Chinese users, reflecting a cautious approach by its management team. Despite the previous restrictions, data suggests…