Bybit, one of many world’s high three crypto exchanges by buying and selling quantity, has reached a monumental milestone, surpassing 30 million registered customers globally, as per the data shared with Finbold on Could 21.
This achievement comes throughout a interval of remarkable Web3 progress, solidifying Bybit’s place as a frontrunner within the blockchain business.
Bybit’s market share surge
Bybit’s market share in spot buying and selling has surged from 2% in 2023 to a powerful 9.3% in 2024, a virtually 400% improve in response to the newest Kaiko Analysis quarterly report.
This leap from the earlier yr’s 7.3% underscores Bybit’s dominance within the cryptocurrency area.
The expansion may be attributed to a steadfast dedication to person safety and belief, exemplified by common proof-of-reserve audits that guarantee transparency and accountability with person funds.
The platform has had no main breakdowns or hacking incidents since its inception in 2018.
30 million customers on Bybit
Business recognition additional illustrates Bybit’s dedication to safety and transparency.
The change has obtained an ideal 10/10 Belief Rating from CoinGecko and an AA ranking within the current CCData Crypto Alternate Benchmark Report.
Ben Zhou, Co-founder and CEO of Bybit, highlighted the significance of the brand new milestone, emphasizing the position the platform’s world person base performed in reaching it:
“Reaching 30 million registered customers is a humbling achievement, and it wouldn’t be potential with out the unwavering assist of our vibrant world crypto group. We’re extremely grateful for his or her belief and stay dedicated to offering best-in-class, dependable companies tailor-made to native wants. Bybit actively collaborates with regulators worldwide to make sure compliance and accountable innovation.”
The forefront of Web3 innovation
Bybit has been on the forefront of Web3 innovation, reshaping how customers work together with the blockchain ecosystem by user-centric and interesting platforms.
In 2024, Bybit expanded its suite of choices with breakthrough options just like the Airdrop Arcade, NFT Professional (a decentralized non-fungible token platform), and Inscription Marketplaces.
These platforms are designed to decrease entry boundaries, enriching the person expertise by curating alternatives to spend money on and assist a various vary of tokens and initiatives.
Bybit’s current Solana Fiesta and Bitcoin financial system livestream additionally launched plenty of newcomers to those fast-growing ecosystems and their alternatives.
Democratizing Web3 by gamification and knowledge intelligence
Bybit lowers Web3 entry boundaries by making participation simpler and extra gratifying by gamification and superior knowledge intelligence.
Zhou emphasised Bybit’s dedication to revolutionizing the business, stating:
“Right now’s milestone signifies extra than simply numbers; it’s a testomony to our ongoing dedication to revolutionizing the crypto panorama. Bybit stays dedicated to shaping the way forward for crypto. We are going to proceed to uphold the values of listening, caring, and bettering, to serve our 30 million customers with probably the most skilled merchandise. Defending the pursuits of our shoppers will likely be ingrained in all product designs. We envision a world the place Web3 empowers each particular person, the place monetary inclusivity is not only a objective however a actuality.”
This dedication extends to the upcoming launch of Bybit Web3 DEX Professional, a cutting-edge decentralized change (DEX) platform powered by revolutionary i-SMART knowledge intelligence expertise.
Bybit’s innovation empowers customers with instruments that meet and exceed the wants of contemporary merchants and traders.
