Bybit, the world's second-largest crypto exchange by trading volume, has announced reaching 40 million registered users worldwide. This significant milestone underscores the platform’s rapid growth and popularity among crypto enthusiasts and traders.
Growth History
Bybit has demonstrated remarkable growth, adding 10 million new users in just 90 days. This exponential trajectory highlights the platform’s ability to meet the needs of the crypto community by providing a secure and user-friendly trading environment.
Leadership Remarks
Bybit Co-founder and CEO Ben Zhou emphasized the importance of reaching 40 million users: "Reaching 40 million users is a monumental achievement but also underscores the responsibility we have toward our users and the industry as a whole. Bybit is committed to setting clear principles and embracing transparency for listing and token performance, providing further product education to help users maximize their assets. Additionally, we will establish more non-profit initiatives like Blockchain for Good Alliance to nurture blockchain builders."
Key Highlights
['40 Million Users: Surpassing 40 million registered users reinforces Bybit’s global leadership.', 'Rapid Growth: The platform gained 10 million new users in just 90 days, showcasing its popularity and growth.', 'Second-Largest Globally: Bybit maintains its position as the world’s second-largest crypto exchange by trading volume, excelling in both spot and derivatives markets with a 20% spot market share.', 'Strong Trading Volume: The platform boasts an average daily trading volume of $25 billion, recently achieving an all-time high of $100 billion.', 'Mass Web3 Adoption: Bybit has 10 million Web3 wallet users, driving the adoption and application of Web3 technologies.']
Bybit's achievement of reaching 40 million users is a significant indicator of its growing popularity and important role in the world of cryptocurrencies. The platform will continue to strive for the implementation of advanced solutions and maintain high standards of security and transparency.
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