Recent Significant Milestones
- 10 million users in 160 countries. In August 2022, Bybit reached a total of 10 million users, a huge milestone for the fast-growing crypto exchange.
- Supporting 16 languages. Bybit strode toward becoming a global crypto exchange, and now supports trading in 16 languages, as well as 24/7 customer support available in 13 languages.
- The Third Most Visited Crypto Exchange. Bybit was the third most visited crypto exchange every month of 2022.
- Established 12 country-specific teams. Bybit is determined to be the crypto ark for the world and its 12 local market teams saw 5x quarterly growth on average across local markets:
- 27% growth in Mexico
- 346% growth in Argentina
- 109% growth in Vietnam
- 255% growth in Brazil
- Deepening partnerships. In 2022, Bybit became the principal crypto partner for the outstanding F1 team Oracle Red Bull Racing. Bybit launched several NFTs with Oracle Red Bull Racing, including the Playseat Auction at the Monaco Grand Prix where the winner won the physical playseat and an NFT playseat.
- Global sponsorships: Bybit continued its existing sponsorship with top-tier German football club Borussia Dortmund (BVB), and Japanese J League football club Avispa Fukuoka. The crypto exchange also added MIBR, the biggest esports team in Brazil, to its list of esports teams, which include NAVI and Astralis.
- Giving back: After a record-breaking turnout to Bybit’s annual World Series of Trading competition, Bybit was able to pledge $900,000 in BTC to UNICEF from the WSOT prize pool. The funds will aid digital learning for kids in East Asia and the Pacific, and augment STEAM education for girls in Vietnam.
The Latest on Bybit’s Products & Services
- Bybit Card. The Bybit debit card is coming soon! It will allow users to pay for goods and services with stablecoins such as USDC. Bybit will partner with a major debit card provider to allow access to crypto payments around the world.
- Web3 Aggregator and Wallet. The Bybit team is working on a web3 Aggregator, which will show users the hottest projects in DeFi, and contain tutorials to help onboard new users. It will work in conjunction with the Bybit Wallet, another hotly anticipated product coming soon.
- Options Trading. In 2022, Bybit released the first-in-market USDC Options trading and settlement. The stablecoin-margined options contract allows users to trade BTC, ETH, and SOL crypto options conveniently using USDC.
- Futures and Perpetuals. Bybit’s flagship product — which includes perpetual and expiration futures — has continued to succeed massively in 2022. On average, there were 200,000 active daily traders on Bybit’s derivatives platform generating an average daily trading volume of over $10 billion.
- Fiat On-Ramps. Bybit improved access to crypto for users all around the world by supporting crypto purchases with 30 different fiat currencies. Usage of this feature is up nearly 6x since launch, with nearly 24,000 transactions per month.
- Launchpad and Launchpool. Bybit is an incubator for promising web3 products. In 2022, nearly 850,000 Bybit clients participated in Launchpad token launches.
- Spot Trading. In 2022, Bybit expanded its spot pair listings and now features 260 trading pairs allowing users to go further in trades and enjoy maximum profitability due to Bybit’s significant market depth and best-in-class liquidity.
- Grid Trading Bot. Grid trading bots are a brand new edition to Bybit’s line-up with an already available bot for the spot market, and a derivatives trading bot coming very soon.
Hashtag: #Bybit
About Bybit
Bybit is a cryptocurrency exchange established in March 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 racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, Virtus.pro, Made in Brazil (MIBR), City Esports, and Oracle Red Bull Racing Esports, and association football (soccer) teams Borussia Dortmund and Avispa Fukuoka.
For more information please visit: 
https://www.bybit.com/
For updates, please follow Bybit’s social media platforms on
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
Services
STAKEHOLDER ENGAGEMENT
Stakeholder mapping, analysis, engagement and communication needs to be detailed to avoid business losses or even worse, a crisis. How can you do this effectively to prevent failure? ...
BUSINESS INTELLIGENCE
Data-driven business decisions have never been as crucial, especially in this era. MGBF leverages off, technology, experience and market presence to aid businesses in making accurate decisions. ...
GOVERNMENT RELATIONS
MGBF provides comprehensive strategic advice and results-focused solutions to solve clients' problems in business-government relations so they can focus on their core business. ...
BUSINESS & BROADER MARKET ACCESS
A critical business challenge is meeting the right decision-makers and potential buyers through the best channel and platform. How will you improve your business competency? ...
Upcoming Events
GLOBAL EXPERT SERIES FEATURING ROMANIA’S GLOBAL ANALYST
MGBF is hosting a networking session with Romania's global analyst, Radu Magdin, in Kuala Lumpur. Join the discussion on strategic shifts and conflict flash points that impact Malaysia’s international facing business.
INDUSTRY DIALOGUE: STRATEGIC TRADE AND INVESTMENT LINKAGES
Expanding on the Malaysian government's efforts to promote the country as a trade and investment destination of choice, MGBF will engage with the many industry leaders who announced multi-billion dollar commitments.
ROUNDTABLE: THE ESG PARADIGM SHIFT – THE PROMISE OF RESILIENCE
The global trend towards a sustainable future is driven by multiple forces. What does Malaysia have to do to achieve resilience at the corporate level while creating new business opportunities?
DIGITAL RESILIENCE IN THE CORPORATE SECTOR
Special session: Cyberwarfare Waged on the Corporate Sector - Lessons from the Russia-Ukraine Crisis. Corporations are in a digital arms race that many don't realise. How does this relate to your organisation?
MGBF In The News
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