Cryptocurrency exchange Bybit is experiencing rapid growth, having reached 70 million registered users. This milestone underscores the trust from both retail and institutional clients.
Achievement of 70 Million Users
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, recently announced it has surpassed 70 million registered users. "Reaching 70 million users is more than a number—it’s a testament to the trust our global community places in us," said Ben Zhou, co-founder and CEO of Bybit.
Strengthening Global Compliance Framework
Bybit is actively working to expand its compliance framework, collaborating with regulators around the world. Notably, the company held strategic discussions with Vietnam’s Ministry of Finance and contributed to a regulatory sandbox initiative.
Innovations in Web3
Bybit continues to lead in Web3 innovations. For instance, the Bybit Card, used by nearly 2 million people, facilitates easy crypto spending. The use of artificial intelligence tools such as CryptoLens and TradeGPT also aims to enhance trading and research services for users.
Bybit's achievement of 70 million users not only demonstrates the company's steady growth but also highlights its commitment to compliance, innovation, and improving customer service.