Categories: News

Bybit CEO Announces Seamless Fiat Integrations in Keynote Address

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 6 July 2023 – Ben Zhou, co-founder and CEO of Bybit, the world’s third most visited crypto exchange, made significant announcements during his keynote speech today. The speech focused on regulatory achievements, user-friendly features, and offering seamless fiat integrations.

Zhou highlighted Bybit’s dedication to new user education and onboarding, offering services such as fiat transactions, peer-to-peer (P2P) services, demo trading, copy trading, Bybit Earn, and AI-powered trading bots.

Bybit’s P2P service, boasting over 28,000 trusted vendors globally, facilitates seamless fiat-to-crypto and crypto-to-fiat exchanges in more than 570 methods and supports over 50 local currencies. With a remarkable 99.9% anti-fraud record, Bybit ensures user safety.

Zhou revealed that Bybit will be integrating its savings products with the Bybit Card, enabling users to earn a flexible yield while utilizing the card for spending. Bybit is committed to improving accessibility and supporting different regions, gradually expanding its debit card services beyond Europe and the UK, Zhou said.

In the past six months, Bybit has made substantial progress in regulatory compliance, Zhou said. The exchange obtained licenses in Kazakhstan and Cyprus, expanding its reach and demonstrating its commitment to operating within regulated frameworks. The company also shared its anticipation of securing further approvals from the United Arab Emirates (UAE) following its Minimal Viable Product license.

For professional traders, Bybit offers a Unified Trading Account (UTA) which enhances trading across spot, derivatives and options, and loan markets. UTA also includes normal margin mode as well as cross and portfolio modes to serve different customer needs.

Zhou concluded his speech by highlighting the most exciting World Series of Trading competition, which is scheduled for August 2023. This distinguished campaign will bring next-level opportunities to Bybit’s 15 million users and Zhou encouraged everyone to come and be part of the event.

Watch the full keynote here

Hashtag: #Bybit #TheCryptoArk

The issuer is solely responsible for the content of this announcement.

About Bybit

Bybit is a cryptocurrency exchange established in 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent 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, esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports.

For more information please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

https://discord.com/invite/bybit
https://www.facebook.com/Bybit
https://www.instagram.com/bybit_official/
https://www.linkedin.com/company/bybitexchange/
https://www.reddit.com/r/Bybit/
https://t.me/BybitEnglish
https://www.tiktok.com/@bybit_official
https://twitter.com/Bybit_Official
https://www.youtube.com/c/Bybit

Miscw.com

Recent Posts

Novautek Honored with the “Outstanding SME ESG and Business Performance Award”

HONG KONG SAR - EQS Newswire - 23 December 2024 - Novautek Autonomous Driving Limited…

44 minutes ago

V-GREEN and Xanh SM Indonesia sign MoU with Lippo for comprehensive green ecosystem in Indonesia

JAKARTA, INDONESIA - Media OutReach Newswire - 23 December 2024 - V-GREEN and PT Xanh…

1 hour ago

Molex Anticipates Steady Growth in High-Speed Connectivity in 2025, Driving Electronics Design Innovations Across Diverse Industry Sectors

Increase in opportunities predicted for high-speed optical transceivers and miniaturized connectivity solutions to address data-intensive…

3 hours ago

Celebrating 25 Years of Excellence: DYXnet Embarks the New Chapter of Digital Transformation

HONG KONG SAR - Media OutReach Newswire - 23 December 2024 - DYXnet, a wholly-owned…

3 hours ago

The Top 10 Best Places to Work in Egypt for 2024 revealed

CAIRO, EGYPT - Media OutReach Newswire - 23 December 2024 - Eand, Novo Nordisk, BSH,…

6 hours ago

Trend Micro Named a Magic Quadrant Leader for Email Security Platforms

Trend Vision One™ – Email and Collaboration Security is a critical part of Trend’s centralized…

7 hours ago