Bybit, one of the top three global crypto exchanges by trading volume, has surpassed 30 million registered users. This milestone marks a period of growth for the Dubai-based platform.
Ben Zhou, Co-founder and CEO of Bybit expressed enthusiasm about the growth stating, “Reaching 30 million registered users is a humbling achievement, and it wouldn’t be possible without the unwavering support of our vibrant global crypto community.”
Market Share and User Trust Surge
Bybit’s market share in spot trading surged from 2% in 2023 to 9.3% in 2024, as per Kaiko Research. This leap highlights Bybit’s strong position in the cryptocurrency exchange market. The platform’s commitment to security and transparency has been key to this growth.
Regular proof-of-reserve audits and a spotless security record since 2018 have built user trust. Recognition from CoinGecko, with a perfect 10/10 Trust Score, and an ‘AA’ rating from the CCData Crypto Exchange Benchmark Report, further underscores this trust.
Bridging the Gap to Web3
Bybit has been a leader in Web3 innovation. In 2024, it expanded its offerings with solutions like the Airdrop Arcade, NFT Pro, and Inscription Marketplaces. These platforms aim to simplify user experience and provide opportunities in the Web3 space.
Bybit’s latest initiatives, including the Solana Fiesta and Bitcoin economy livestream, introduced new users to the fast-growing ecosystems. The upcoming launch of Bybit Web3 DEX Pro, powered by i-SMART data intelligence technology, reaffirms Bybit’s commitment to providing advanced tools for modern traders and investors.
This milestone reflects Bybit’s dedication to revolutionizing the crypto landscape. The company remains focused on listening, caring, and improving to serve its users with professional products, ensuring financial inclusivity through Web3 empowerment.
Also Read: Bybit Adopts Fireblocks to Secure Institutional Crypto Trades
