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Bybit Puts Crypto Transparency in the Spotlight

Retrieved on: 
Wednesday, November 9, 2022

Recent market concerns highlight the need for the Industry to step up

Key Points: 
  • Bybit also highlighted that the recent uncertainty had shone the spotlight on fund safety, custodianship, and transparency, and the industry would have to tackle this head on.
  • "The entire sector has a duty and obligation to do better by our customers," said Ben Zhou, Bybit co-founder and CEO.
  • Bybit has long advocated for an industry wide standard on transparency that would help to provide greater trust and credibility for the industry and confidence for customers and regulators.
  • 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.

EQS-News: Bybit Launches New Futures Grid Bot

Retrieved on: 
Monday, November 7, 2022

Designed to help reduce the risk and price volatility that can sometimes accompany futures trading, the Bybit Futures Grid Bot provides a safer and more assured operating environment for those seeking to experience and learn about futures.

Key Points: 
  • Designed to help reduce the risk and price volatility that can sometimes accompany futures trading, the Bybit Futures Grid Bot provides a safer and more assured operating environment for those seeking to experience and learn about futures.
  • Bybits Futures Grid Bot sells futures contracts when the price is above entry and buys when below.
  • Initially introduced with core functionality, Futures Grid Bot is designed to get users comfortable with how it works and how to use it.
  • The Futures Grid Bot is the latest in a series of automated resources from Bybit, and follows the success of its Spot Grid Bot and DCA Bot launched earlier this year.

Bybit Invests in KOSDAQ-listed, T-Scientific ​​​​​​​ - Crypto giant seeks partnership with 3rd largest shareholder of Korean regulated exchange Bithumb

Retrieved on: 
Friday, October 28, 2022

The move now lays the foundation for Bybit to explore market expansion and new investment opportunities beyond partnerships in the Korean blockchain market.

Key Points: 
  • The move now lays the foundation for Bybit to explore market expansion and new investment opportunities beyond partnerships in the Korean blockchain market.
  • As a result of the relationship with T-Scientific, Bybit has opened the potential to further exploration of Koreas blockchain and NFT markets with Korean regulated partners; part of Bybits ambition to conduct any Korean business operations in a responsible manner.
  • It is also the third-largest shareholder of Bithumb, a Korean virtual asset exchange, and is actively expanding its activities into the blockchain business through its subsidiary Hanbitco Korea.
  • 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 Launchpad 2.0 to Host Galaxy Arena (ESNC) IEO

Retrieved on: 
Wednesday, October 12, 2022

ATHENS, Greece, Oct. 12, 2022 /PRNewswire/ -- Bybit, the third most visited crypto exchange in the world, will list ESNC, the utility token of Galaxy Arena, on Bybit Launchpad 2.0.

Key Points: 
  • ATHENS, Greece, Oct. 12, 2022 /PRNewswire/ -- Bybit, the third most visited crypto exchange in the world, will list ESNC, the utility token of Galaxy Arena, on Bybit Launchpad 2.0.
  • Galaxy Arena is a decentralized metaverse virtual reality (VR) experience run by Essence (ESNC) and powered by the Polygon network.
  • Bybit will host the initial exchange offering for ESNC, which will be available on Bybit Launchpad 2.0, a freshly revamped platform for groundbreaking blockchain projects, with the full spot listing scheduled for Oct. 21.
  • Bybit Launchpad 2.0 gives users early access to some of the most sought-after tokens in the space.

Bybit Celebrates as Max Verstappen Wins Formula 1 Drivers’ World Championship

Retrieved on: 
Monday, October 10, 2022

DUBAI, UNITED ARAB EMIRATES - Media OutReach - 10 October 2022 - Oracle Red Bull Racings Max Verstappen seized the initiative on a wet and wild day at Japans Suzuka circuit to claim consecutive Formula 1 Drivers World Championship, cheered on by team partner, Bybit.

Key Points: 
  • DUBAI, UNITED ARAB EMIRATES - Media OutReach - 10 October 2022 - Oracle Red Bull Racings Max Verstappen seized the initiative on a wet and wild day at Japans Suzuka circuit to claim consecutive Formula 1 Drivers World Championship, cheered on by team partner, Bybit.
  • The Bybit team rejoiced as Verstappen overcame numerous challenges in difficult conditions and an timed finish to the race.
  • Despite the downpour and drama, Verstappen displayed the focus, tenacity, and flexibility to seal the win and join F1s racing elite.
  • Since its inception, the Bybit / Oracle Red Bull Racing partnership has set records: it made history as the single largest per-annum crypto sponsorship in international sports at the time, and now Verstappen joins the pantheon of F1 greats with back-to-back wins.

Bybit Users to Make the Most of Their Capital With New Loans

Retrieved on: 
Monday, October 10, 2022

Bybit users can make more efficient use of their assets and earn extra income via the crypto exchanges passive income and trading products.

Key Points: 
  • Bybit users can make more efficient use of their assets and earn extra income via the crypto exchanges passive income and trading products.
  • VICTORIA, SEYCHELLES - Media OutReach - 10 October 2022 - Bybit, the worlds third most visited crypto exchange, today launched its Crypto Loans service, which provides the platforms 10 million users access to collateralized loans allowing them the freedom to manage their own capital efficiency.
  • Bybits Crypto Loans allow users to access liquidity without needing to sell their cryptocurrency.
  • The ability to take out loans against idle funds allows investors to make their capital work harder, go further, and maximize opportunity costs.

Bybit CEO Undaunted By Market Downturn

Retrieved on: 
Friday, September 30, 2022

SINGAPORE - Media OutReach - 30 September 2022 - Ben Zhou, co-founder and CEO of Bybit, the third most visited crypto exchange in the world, said that the current bear market was a huge opportunity for the company and it was using the time to bounce back better.

Key Points: 
  • SINGAPORE - Media OutReach - 30 September 2022 - Ben Zhou, co-founder and CEO of Bybit, the third most visited crypto exchange in the world, said that the current bear market was a huge opportunity for the company and it was using the time to bounce back better.
  • Speaking at a TOKEN2049 panel in Singapore, on the future of crypto exchanges, Zhou discussed how Bybit had seized the opportunity during the bear market to realign internally by streamlining roles, responsibilities, and processes, as well as focusing on products.
  • We are very comfortable in the bear market, Zhou added, we were born in a bear market.
  • Given the current economic headwinds, the panelists were asked how crypto would weather the continuing storm, and how ultimately the economic downturn would affect the future of the industry.

Bybit Partners with circle

Retrieved on: 
Friday, September 30, 2022

Under the agreement, Bybit will expand their USDC spot pair listings, support further awareness for USDC and related products and look to collaborate on other potential initiatives.

Key Points: 
  • Under the agreement, Bybit will expand their USDC spot pair listings, support further awareness for USDC and related products and look to collaborate on other potential initiatives.
  • As a leading exchange for emerging digital asset classes, Bybits partnership with Circle is aimed at promoting greater crypto adoption and utility.
  • Over the last year, Bybit has ceaselessly delighted users of USDC with the continued expansion of their innovative product offerings, said Jeremy Allaire, co-founder and CEO of Circle.
  • Circle is powering always-on internet-native commerce and payments and is the issuer of USD Coin (USDC) and Euro Coin (EUROC).

Bybit CEO Calls For Wall St to Embrace Crypto

Retrieved on: 
Wednesday, September 28, 2022

Wall St Should Look to Adapt to Crypto, Not the Other Way Around

Key Points: 
  • Wall St Should Look to Adapt to Crypto, Not the Other Way Around
    VICTORIA, SEYCHELLES - Media OutReach - 28 September 2022 - Ben Zhou, co-founder and CEO of Bybit, the top 3 crypto exchanges in the world by web traffic, has called for the traditional markets to embrace the change being driven by crypto.
  • Speaking at the Pantera Blockchain Summit Asia this week, Zhou discussed the growing convergence between traditional financial institutions and crypto.
  • But he said, Wall St could do a lot more to truly embrace the innovation in the market and remain relevant.
  • Wall St has much more to gain if it embraces crypto, rather than the other way around.

Bybit Launchpad 2.0 to List PUMLx

Retrieved on: 
Wednesday, September 28, 2022

GOLD COAST, AUSTRALIA - Media OutReach - 28 September 2022 - Bybit, the world's third most visited crypto exchange, has unveiled its latest listing on Bybit Launchpad 2.0 PUMLx.

Key Points: 
  • GOLD COAST, AUSTRALIA - Media OutReach - 28 September 2022 - Bybit, the world's third most visited crypto exchange, has unveiled its latest listing on Bybit Launchpad 2.0 PUMLx.
  • Users are rewarded with PUMLx tokens on the Ethereum blockchain for completing health challenges such as steps, sleep, meditation, and more.
  • The PUMLx token will drive its expansion into the consumer move-to-earn space by rewarding users with daily step claims within its mobile apps.
  • Bybit Launchpad 2.0 is a freshly revamped platform connecting users with some of the most sought-after tokens in the space.