Bybit celebrates 5th year and 20 million users milestones

Licensed in Cyprus among other jurisdictions, Bybit, a top-three crypto exchange, has announced a new milestone in its growth journey: surpassing 20 million registered users.

This landmark underscores Bybit's position at the forefront of the crypto industry, celebrating its 5th anniversary this December, a press release from the company notes.

Since its inception, Bybit has offered innovative trading solutions, user-friendly platforms, and 24/7 customer service in multiple languages. The achievement of over 20 million registered users is a testament to the trust and confidence the global trading community places in Bybit.

"Bybit has proved itself as a safe, highly effective crypto hub," said Ben Zhou, co-founder and CEO. "Reaching 20 million registered users is not just a number for us; it represents the faith and enthusiasm of a community that believes in the potential of crypto and trusts Bybit as their preferred platform."

Bybit attributes its rapid growth to its constant innovation in the crypto space, including introducing AI-powered trading bots, a sophisticated options market, and a thriving copy trading community. Prudent risk management and enhanced AML compliance have led Bybit to gain licenses in the UAE, Kazakhstan, and Cyprus.

"We are more than just a trading platform; we are the Crypto Ark and a gateway to Web3: the next generation of the internet," added Ben Zhou. "Our commitment to our users remains stronger than ever, and we look forward to introducing more innovative features and services in the near future."

As Bybit continues to expand its offerings and reach new heights, the company is poised to play a pivotal role in shaping the future of the crypto industry, the company's press release concludes.