Bybit, a leading cryptocurrency exchange, announced that it has surpassed 30 million registered users globally, highlighting its rapid growth. In 2024, Bybit’s market share in spot trading surged to 9.3% from 2% in 2023, marking a nearly 400% increase.
This growth reinforces Bybit’s position as a major player in the cryptocurrency market.
Co-founder and CEO Ben Zhou expressed gratitude for the support of Bybit’s global community and emphasized the company’s commitment to providing reliable services and collaborating with regulators for compliance and innovation.
Bybit attributes its success to a strong focus on user security and trust, including regular proof-of-reserve audits and an impeccable security record. Bybit received an ‘AA’ rating from the CCData Crypto Exchange Benchmark Report and a perfect 10/10 Trust Score from CoinGecko.
Founded in 2018, Bybit is one of the largest cryptocurrency exchanges by trading volume, offering over 570 payment methods and supporting more than 60 local currencies.
In 2024, Bybit introduced new features like the Airdrop Arcade, NFT Pro, and Inscription Marketplaces to enhance user experience. The company plans to launch Bybit Web3 DEX Pro, a decentralized exchange platform.
Zhou emphasized Bybit’s commitment to creating an accessible Web3 environment, focusing on user-friendly products, regulatory collaboration, and industry best practices.
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