Bybit reaches 20 million active users on its 5th anniversary

Bybit, one of the world’s major cryptocurrency exchanges, had reached 20 million registered users just in time for its 5th anniversary, according to information shared with Finbold.

Commenting on the milestone, the co-founder and CEO of the exchange, Ben Zhou, highlighted the fact that it was made possible by Bybit’s focus on being a safe and effective crypto hub:

Bybit has proved itself as a safe, highly effective crypto hub. 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.

The CEO also pointed toward his company’s efforts to continuously offer innovative trading solutions, as well as its focus on making a customer-focused environment, as key reasons for its success. 

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

Ben Zhou

Bybit’s recent achievements

In recent weeks, Bybit has been at the center of several important developments in the cryptocurrency industry. Early in November, the exchange received an “AA” rating from CD Data, a crypto sector research company.

When giving the rating, CD data specifically highlighted Bybit’s performance and risk management capacities, as well as its stable growth and an effort to continuously enhance its standards. 

Bybit was also at the heart of an inter-college hackathon held in the United Arab Emirates and focused primarily on showcasing the participants’ skills and creativity when it comes to blockchain technology and artificial intelligence (AI).

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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