Bybit

Bybit is a cryptocurrency exchange[1] founded in 2018.[2] Bybit is headquartered in Dubai, United Arab Emirates.

Bybit
FoundedMarch 2018
Headquarters
Dubai, UAE
ServicesCryptocurrency exchange
WebsiteOfficial website

History

The company was founded in March 2018, with Ben Zhou as one of the co-founders.[3] As of 2021, the Bybit exchange was blocked from operating in the United States,[4] and in 2021 Bybit received warnings from the regulators in Japan and Canada.[5]

In November 2019, the company organized a Bitcoin trading competition called "BTC Brawl".[6] In 2020 and 2021, Bybit ran a trading competition called "World Series of Trading".[7] In February 2021, the company sponsored Red Bull Racing.[8]

Bybit started spot trading on July 15, 2021.[9] In August 2021, Bybit announced sponsorship deals with esports organisations NAVI,[10] Virtus.pro,[11] Astralis and Alliance.[12]

References
  1. "Bybit Review: Pros, Cons, and More | The Ascent by Motley Fool". The Motley Fool. July 26, 2021.
  2. "What to Consider About How to Buy Bitcoin in India". Programming Insider. October 26, 2021.
  3. Harrison, Polly Jean (2021-07-26). "Bybit Announces Entrance into Crypto Spot Trading Market". The Fintech Times. Retrieved 2022-08-29.
  4. Osipovich, Alexander (July 30, 2021). "U.S. Crypto Traders Evade Offshore Exchange Bans" – via Wall Street Journal.
  5. "Crypto Derivatives Exchange Bybit Launches Spot Trading". Financial and Business News: Finance Magnates. July 15, 2021.
  6. "Cryptocurrency Trading Contest Offers $1.8 Million Prize Fund". www.fxempire.com.
  7. "Cryptocurrency Exchange Bybit Now in Turkey". RayHaber | RaillyNews. August 23, 2021.
  8. "Oracle Red Bull Racing Gears Up To The Next Level As Bybut Joins The Charge". Red Bull. Retrieved 2023-01-07.
  9. Harrison, Polly Jean (July 26, 2021). "Bybit Announces Entrance into Crypto Spot Trading Market".
  10. Nicholson, Jonno (2021-08-18). "NAVI unveils Bybit as cryptocurrency partner". Esports Insider. Retrieved 2022-02-08.
  11. Biazzi, Leonardo (2021-08-25). "Virtus Pro signs 3-year deal with crypto exchange Bybit". Dot Esports. Retrieved 2023-01-11.
  12. Biazzi, Leonardo (2021-08-23). "Astralis unveils partnership with crypto exchange Bybit". Dot Esports. Retrieved 2022-02-03.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.