Bybit is a global cryptocurrency derivatives exchange designed for all retail traders, professionals, and investment institutions alike.
Established in March 2018, Bybit emerged onto the cryptocurrency scene with a vision to deliver a top-notch platform, featuring an exceptionally swift matching engine, stellar customer service, and a diverse community support system in multiple languages. Tailored for crypto enthusiasts, Bybit provides a cutting-edge experience through its innovative online spot and derivatives trading services, alongside offerings in mining, staking products, and robust API support. With a global reach, the company caters to both retail and institutional clients, aspiring to position itself as the go-to exchange for the evolving world of digital assets.
Bybit plans to shut down major Web3 services, including wallets and NFT tools, by May in order to focus on core blockchain offerings.
Bybit recovers 7% of market share after a $1.4B hack by Lazarus Group, regaining investor confidence with new security measures and boosted liquidity.
Bybit has taken a significant step to enhance security by partnering with Zodia Custody.