Bybit

Bybit Secures Preliminary Approval in Kazakhstan as a Crypto Custody KaService Provider

Bybit, a prominent cryptocurrency exchange, has achieved a significant milestone in its global expansion strategy by receiving preliminary approval from regulatory authorities in Kazakhstan. Moreover, this approval positions Bybit as a trusted cryptocurrency custody service provider, further bolstering the acceptance and adoption of cryptocurrencies within Central Asia. Kazakhstan has emerged

May 29, 2023 2 mins read

Bybit Receives License to Operate Digital Asset Trading Facility and Provide Custody Service in Kazakhstan

Bybit’s Diverse Product Launch Attracts 50% More Users, Reaching 15 Million

Bybit, one of the world’s largest cryptocurrency exchanges, doubled its user count within two quarters. From 10 million users in Q3 of 2022, the exchange jumped to 15 million users in May 2023. This 50% growth is estimated to be due to the introduction of various divergent and user-engaging products

May 10, 2023 2 mins read

Bybit Pushing for Compliance by Mandating Stringent KYC Procedures

Bybit is actively advocating for stricter regulations, and it expects its users to do the same. The terms of service for the exchange stipulate that by May 8th, 2023, all users of the exchange’s services must have passed the basic Know-Your-Customers (KYC) process on the trading platform. Moreover, existing users

April 25, 2023 1 min read

Dubai's Virtual Assets Regulatory Body Grants Bybit MVP License

Crypto Exchange Bybit Sets up Its Global Headquarters in Dubai

Crypto exchange Bybit confirmed the opening of its global headquarters in Dubai — the most crypto-friendly hub in the United Arab Emirates (UAE). On Monday, the crypto entity debuted its “new home” after receiving in-principal approval from Virtual Assets Regulatory Authority (VARA) last March for operating in this emirate. Bybit

April 18, 2023 2 mins read

Bybit to Accept ChainGPT Token Deposits on Spot Trading Platform

Bybit cryptocurrency exchange platform has announced that it will accept ChainGPT (CGPT) token deposits on April 10 at noon UTC. This is a significant step forward for ChainGPT. That aims to revolutionize machine learning and natural language processing within the cryptocurrency industry. 📷 $CGPT @Chain_GPT deposit is open on Bybit

April 10, 2023 2 mins read

Bybit Enables Margin Trading by Integrating StETH Into Its Unified Trading Account

Today, Bybit, the third-most visited cryptocurrency exchange in the world, finished integrating staked Ether (stETH) in preparation for Ethereum’s Shanghai upgrade. Users can use their ETH for margin trading and earn interest on it thanks to this ground-breaking innovation. Customers of Bybit can either buy stETH directly from the Spot market

April 10, 2023 1 min read

Bybit Pushing for Compliance by Mandating Stringent KYC Procedures

Japan Warns Four Crypto Exchanges for Unregistered Operations

Japan’s Financial Services Agency (FSA) has warned and classified four cryptocurrency exchanges – Bybit, MEXC Global, Bitforex, and Bitget – as “unregistered crypto asset exchange business operators.” The regulator confirmed that the listed crypto exchanges violated the “Fund Settlement Act” and conducted their operations without registration “at the time of

April 3, 2023 2 mins read

Bybit Witnesses Increased Trading Volume Amid USDC Volatility

Bybit announces an increase in volume for USDC pairings as the third most popular cryptocurrency exchange in the world intensifying efforts to satisfy market expectations. Customers are flocking to Bybit for its rock-solid security and market coverage because they are relying on trustworthy platforms to handle the current turbulence in

March 17, 2023 2 mins read

Bybit Launches Mastercard Powered Crypto Debit Card

The world’s significant crypto exchange, Bybit, revealed the launch of the “Bybit Card”. The debit card allows users to make payments and withdraw cash using cryptocurrency holdings. And is powered by the world’s second credit card giant, Mastercard network, and issued by Moorwand, a London-based payments solutions provider. Bybit co-founder

March 7, 2023 1 min read

Crypto Exchange Bybit Halts USD Deposits Via Bank Transfer

Bybit, one of the leading cryptocurrency exchanges, said on Saturday that it has temporarily suspended bank transfers of US Dollars. The exchange blamed interruptions in service from its banking partner but did not specify which bank was at fault. Since Silvergate voiced worries about liquidity challenges and difficulty for operations

March 5, 2023 2 mins read