Bybit, the world's second-largest cryptocurrency exchange by trading volume, is celebrating explosive growth alongside 37 million loyal users! In a rousing biannual keynote address, Bybit CEO Ben Zhou unveiled the exchange's remarkable achievements and ambitious vision for the future, fueled by the unwavering support of its global community.

Bybit will be prepared with its new Bybit Web3 service. “The industry is heading towards Web3,” Ben said. “The Bybit goal is to bridge the gap between self-custody, decentralized Bybit Wallet, and the centralized exchange (CEX). We want to provide the CEX look and feel, and service but allow our users to explore Web3 in a decentralized way.”

Riding the Crypto Wave with Unmatched Growth

Bybit is experiencing phenomenal growth! The exchange has secured its position as the world's #2 Spot crypto market and #3 Derivatives market (by trading volume), solidifying its leadership in the industry. This phenomenal growth is further amplified by a thriving VIP program boasting over 90,000 satisfied members who enjoy exclusive perks and dedicated offline events.

Championing User Experience and Security

Bybit goes beyond just numbers; our focus is on empowering users through innovation. Our innovative Bybit Web3 service bridges the gap between self-custody, decentralized Bybit Wallet, and the familiar convenience of a centralized exchange. This translates to a seamless user experience while granting the freedom to explore the exciting world of Web3.

Further solidifying our commitment to user education, in the first half of 2024 (H1), we hosted a phenomenal 24 livestream sessions garnering over 30 million views, providing the Web3 community with a platform to learn, trade, and connect with industry experts and enthusiasts. We don't stop there – Bybit offers a comprehensive educational program, a free AI assistant (TradeGPT), and exclusive trading tools like the Future Combo Trading Bot – all designed to equip newcomers with the knowledge and confidence to navigate the crypto landscape with ease.

Security remains paramount in Web3, and Bybit takes it seriously. We've implemented a robust suite of advanced risk control measures, including features like one-click account freeze, biometric and Telegram notifications, and cutting-edge AI-powered live face and virtual camera detection to ensure the safety and security of your assets.

Expanding Horizons: Global Compliance and the Bybit Card

Bybit is taking decisive steps towards global expansion. With a MiCA license on the horizon for Europe and applications submitted in other key jurisdictions, Bybit is demonstrating its dedication to regulatory compliance.

The Bybit Card continues to break new ground, recently launching in Argentina. This revolutionary card seamlessly integrates with Google and Apple Pay, allowing users to spend their crypto anywhere Mastercard is accepted. With multi-asset spending options and automatic conversion to local currency, the Bybit Card offers unmatched convenience and up to 10% cash back on purchases!

Building a Future Powered by Crypto

Bybit's relentless pursuit of innovation doesn't stop there. The exchange is steadfast in its mission to make crypto accessible and beneficial for everyone. With a focus on regulatory compliance, cutting-edge Web3 services, and unparalleled user engagement programs, Bybit is leading the charge towards a future brimming with the transformative power of crypto.

DUBAI, United Arab Emirates, Jul. 23, 2024 — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, invites crypto enthusiasts to a special livestream, "Crypto Games 2024: What's Hot, What's Not in Crypto." The livestream, set to air on July 23 at 8am UTC, 4pm SGT, and 12pm Dubai Time, will explore the sizzling trends in crypto this summer.

Hosted by Ejiro Oviri, Bybit's Brand Lead, and featuring industry experts such as Stella Yuan, Campaign Specialist; Dirk Pennings, Web3 Evangelist; and Nathan Thompson, Lead Tech Writer, the event will be a comprehensive dive into the successes and failures shaping the crypto landscape. Viewers can tune in on the Bybit livestream page to gain insights from some of the leading minds in the crypto space.

Bybit will host giveaways and quizzes throughout the livestream, offering participants the chance to win crypto rewards. It’s all part of a larger summer theme for Bybit: the Crypto Games 2024, a series of unique trading competitions and athletics-inspired events with a prize pool worth over 3,000,000 USDT. 

In addition to discussing emerging trends, the panel will analyze failed trends, providing valuable lessons for the crypto community. They will explore what went wrong and what can be learned. They will also spotlight countries leading the charge in the crypto space and discuss the challenges and support systems in these regions, and discover which countries are best positioned to excel in the Web3 landscape.

"We are witnessing an incredible evolution in the crypto industry," said Joan Han, sales and marketing director at Bybit. "This event is an opportunity for investors to understand these changes and position themselves for success in the dynamic world of crypto."

Join Bybit's "Crypto Games 2024: What's Hot, What's Not in Crypto" on July 23 to stay ahead of the ever-evolving cryptocurrency world. Take this chance to gain exclusive insights and connect with fellow crypto enthusiasts.