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30 Million Bybit Users: Cryptocurrency Exchange Platform Achieves Staggering Growth

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DUBAI, UAE, June 19, 2024 /PRNewswire/ — Bybit, one of the world’s top three crypto exchanges by trading volume,  today celebrates a monumental milestone: surpassing 30 million registered users globally. This remarkable achievement comes alongside a period of exceptional growth, solidifying Bybit as a frontrunner in the blockchain industry.

Market Share Soars, User Trust Flourishes

Bybit’s market share in spot trading has skyrocketed from 2% in 2023 to a staggering 9.3% in 2024, a nearly 400% surge according to the latest Kaiko Research quarterly report. This significant leap from the previous year’s 7.3% firmly establishes Bybit as a leader in cryptocurrency exchange.

Bybit attributes this growth to its unwavering commitment to user security and trust. The company prioritizes asset safety through the regular publication of proof-of-reserve audits, ensuring transparency and accountability with user funds. Additionally, Bybit boasts an impeccable security record, with no major breakdowns or hacking incidents since its inception in 2018.

This dedication to security and transparency is further validated by industry recognition. Bybit has received a perfect 10/10 Trust Score from CoinGecko and an ‘AA’ rating in the recent CCData Crypto Exchange Benchmark Report.

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“Reaching 30 million registered users is a humbling achievement, and it wouldn’t be possible without the unwavering support of our vibrant global crypto community,” said Ben Zhou, Co-founder and CEO of Bybit. “We are incredibly grateful for their trust and remain committed to providing best-in-class, reliable services tailored to local needs. Bybit actively collaborates with regulators worldwide to ensure compliance and responsible innovation.”

Looking Forward: Bridging the Gap to Web3

Bybit has consistently been at the forefront of Web3 innovation, reshaping how users interact with the blockchain ecosystem through user-centric and engaging platforms. In 2024, we have expanded our suite of offerings with breakthrough solutions like the Airdrop Arcade, NFT Pro, and Inscription Marketplaces.

These platforms are meticulously designed not only to lower entry barriers and simplify the user experience but also to enrich it by curating opportunities to invest in and support a diverse range of promising, trending, and blue-chip tokens and projects. Our most recent Solana Fiesta and Bitcoin economy livestream introduced many Web3-curious individuals to the fast-growing ecosystems and their opportunities.

This curation consistently ensures that our users have access to the most rewarding and reliable opportunities in the Web3 space, making participation not only easier but also more enjoyable through gamification and advanced data intelligence. This commitment extends to the upcoming launch of Bybit Web3 DEX Pro, a cutting-edge decentralized exchange platform powered by revolutionary i-SMART data intelligence technology. This represents Bybit’s commitment to innovation that empowers, providing tools that not only meet but exceed the needs of modern traders and investors.

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“Today’s milestone signifies more than just numbers; it’s a testament to our ongoing dedication to revolutionizing the crypto landscape,” emphasized Zhou. “Bybit remains committed to shaping the future of crypto. We will continue to uphold the values of listening, caring, and improving, to serve our 30 million users with the most professional products. Protecting the interests of our clients will be ingrained in all product designs. We envision a world where Web3 empowers every individual, where financial inclusivity is not just a goal but a reality.”

#Bybit / #TheCryptoArk / #BybitWeb3

About Bybit

Bybit is one of the world’s top three crypto exchanges by trading volume with over 30 million users. Established in 2018, Bybit offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Zand to Leverage Taurus for Digital Asset Management

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Zand Bank’s recent partnership with Taurus marks a significant step in its journey to integrate digital asset management into its offerings. This collaboration will enable Zand Bank to provide cutting-edge digital asset services to its customers, enhancing its position in the financial industry.

Taurus Partnership Details

Taurus, known for its expertise in digital asset infrastructure, will support Zand Bank in offering a range of services, including secure custody, tokenization, and trading of digital assets. This partnership leverages Taurus’s technology to provide a seamless and secure digital asset management experience.

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Benefits for Zand Bank Customers

Customers of Zand Bank can look forward to enhanced services, including the ability to securely store and trade digital assets. The partnership also opens up opportunities for asset tokenization, providing customers with new ways to invest and manage their assets.

Impact on the Financial Sector

The collaboration between Zand Bank and Taurus is part of a broader trend of traditional financial institutions embracing digital assets. This shift is expected to drive innovation and competition in the financial sector, leading to better services and lower costs for consumers.

Future Prospects

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As Zand Bank continues to integrate digital asset services, it will focus on maintaining high standards of security and compliance. This approach is essential for gaining customer trust and ensuring the long-term success of its digital asset initiatives.

Source of the news: Cryptopolitan

The post Zand to Leverage Taurus for Digital Asset Management appeared first on HIPTHER Alerts.

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KuCard Expands to Support Multiple Virtual and Physical Cards, Enhancing User Convenience and Accessibility

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VICTORIA, Seychelles, July 5, 2024 /PRNewswire/ — KuCard, a Visa debit card by KuCoin, will support multiple virtual and physical cards starting from July 1st, 2024, enhancing convenience and accessibility for KuCard users. This exciting update allows users to manage multiple cards seamlessly, all eligible for its generous cashback program.

This strategic move greatly enhances KuCard holders’ financial flexibility and convenience, whether for personal use, managing family expenses, or maintaining separate cards for different spending categories. It enables seamless budgeting, improved expense tracking, and easier access to funds, all while enjoying the benefits of KuCard’s crypto-to-fiat conversion and cashback rewards.

To celebrate this milestone, KuCard is launching a limited-time offer ending on July 7th, allowing users to apply for a second virtual card for free or a second physical card for just EUR 9.99. This promotion is available on a first-come, first-served basis during the campaign period. It’s the perfect time to equip your family members with their own KuCard and collectively enjoy the benefits of Web3.

KuCard recently launched its ongoing cashback programs which offer up to 3% cashback on purchases for all cardholders, including multiple cardholders, with tiered rewards based on spending, providing users with even more value as they use their cards.

About KuCard

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Launched in November 2023, KuCard is a Visa debit card that provides seamless crypto-to-fiat conversion. Compatible with both Google Pay and Apple Pay, it can be used anywhere Visa is accepted. KuCard simplifies financial transactions by automatically converting cryptocurrencies into local currency at the point of sale, ensuring the best possible exchange rate. Initially available in the European Economic Area (EEA), KuCard aims to foster wider adoption of blockchain technology by enabling users to use their cryptocurrency for everyday purchases, online shopping, and ATM withdrawals.

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Xinhua Silk Road: Forum held in SW China Yunnan’s Yuxi to deepen international cooperation on Chengjiang Biota

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BEIJING, July 5, 2024 /PRNewswire/ — The “40th Anniversary, Discovery of Chengjiang Biota — International Palaeontological Forum” kicked off on July 2 in Chengjiang, Yuxi, Southwest China’s Yunnan Province, and will last to July 6.

This international forum aims to look back on the cooperation results in recent years, share experience, and look forward to the future. By leveraging the strengths of domestic and foreign research institutions, the forum seeks to deepen international cooperation in scientific research.

Experts and scholars from China, the United Kingdom, the United States, the Republic of Korea and Switzerland, have attended the forum. A total of 39 oral presentations and six academic posters will be presented to focus on domestic and foreign research achievements in life evolution in the early Cambrian Age.

Located on the shores of Fuxian Lake in the central part of Yunnan Province, the Chengjiang Biota is known as a “world-class treasure trove for fossils”. On July 1, 2012, the Chengjiang Biota was inscribed on the UNESCO World Heritage List, becoming China’s first and Asia’s only fossil world natural heritage site.

To date, more than 20 phyla and over 300 species of rare Cambrian fossils have been discovered in the Chengjiang Biota, with 80 percent of them being new species. The Chengjiang Fossil Site World Natural Heritage Museum now has a collection of over 60,000 specimens.

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