DUBAI, UAE, May 21, 2024
/PRNewswire/ -- Bybit, one of the world's top
three crypto exchanges by trading volume, today
celebrates a monumental milestone: surpassing 30 million registered
users globally. This remarkable achievement comes alongside a
period of exceptional growth, solidifying Bybit as a
frontrunner in the blockchain industry.
Market Share Soars, User Trust Flourishes
Bybit's market share in spot trading has skyrocketed from 2% in
2023 to a staggering 9.3% in 2024, a nearly 400% surge according to
the latest Kaiko Research quarterly report. This significant leap
from the previous year's 7.3% firmly establishes Bybit as a leader
in cryptocurrency exchange.
Bybit attributes this growth to its unwavering commitment to
user security and trust. The company prioritizes asset safety
through the regular publication of proof-of-reserve audits,
ensuring transparency and accountability with user funds.
Additionally, Bybit boasts an impeccable security record, with no
major breakdowns or hacking incidents since its inception in
2018.
This dedication to security and transparency is further
validated by industry recognition. Bybit has received a perfect
10/10 Trust Score from CoinGecko and an 'AA' rating in the recent
CCData Crypto Exchange Benchmark Report.
"Reaching 30 million registered users is a humbling achievement,
and it wouldn't be possible without the unwavering support of our
vibrant global crypto community," said Ben Zhou, Co-founder and CEO of Bybit. "We are
incredibly grateful for their trust and remain committed to
providing best-in-class, reliable services tailored to local needs.
Bybit actively collaborates with regulators worldwide to ensure
compliance and responsible innovation."
Looking Forward: Bridging the Gap to Web3
Bybit has consistently been at the forefront of Web3 innovation,
reshaping how users interact with the blockchain ecosystem through
user-centric and engaging platforms. In 2024, we have expanded our
suite of offerings with breakthrough solutions like the Airdrop
Arcade, NFT Pro, and Inscription Marketplaces.
These platforms are meticulously designed not only to lower
entry barriers and simplify the user experience but also to enrich
it by curating opportunities to invest in and support a diverse
range of promising, trending, and blue-chip tokens and projects.
Our most recent Solana Fiesta and Bitcoin
economy livestream introduced many Web3-curious individuals to the
fast-growing ecosystems and their opportunities.
This curation consistently ensures that our users have access to
the most rewarding and reliable opportunities in the Web3 space,
making participation not only easier but also more enjoyable
through gamification and advanced data intelligence. This
commitment extends to the upcoming launch of Bybit Web3 DEX Pro, a
cutting-edge decentralized exchange platform powered
by revolutionary i-SMART data intelligence technology. This
represents Bybit's commitment to innovation that empowers,
providing tools that not only meet but exceed the needs of modern
traders and investors.
"Today's milestone signifies more than just numbers; it's a
testament to our ongoing dedication to revolutionizing the
crypto landscape," emphasized Zhou. "Bybit remains
committed to shaping the future of crypto. We will
continue to uphold the values of listening, caring, and improving,
to serve our 30 million users with the most professional products.
Protecting the interests of our clients will be ingrained in all
product designs. We envision a world where Web3 empowers every
individual, where financial inclusivity is not just a goal but a
reality."
#Bybit / #TheCryptoArk / #BybitWeb3
About Bybit
Bybit is one of the world's top three crypto
exchanges by trading volume with over 30 million users. Established
in 2018, Bybit offers a professional platform where
crypto investors and traders can find an ultra-fast
matching engine, 24/7 customer service, and multilingual community
support. Bybit is a proud partner of Formula One's reigning
Constructors' and Drivers' champions: the Oracle Red Bull Racing
team.
For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: media@bybit.com
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit's Communities and Social
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SOURCE Bybit