Bybit Surpasses 70 Million Users in a Way to Reinforce Attention to Institutional Expansion and Transparency

The second-largest crypto exchange globally by trading volume – Bybit – has today issued a press release to inform the world that it has officially registered over 70 million users since launch, a significant milestone for the Woodruff Street based exchange’s continued unitary expansion. The achievement demonstrates the growing trust from retail and institutional users in placing in Bybit and enforces its commitment to being compliant, innovating, and secure. “Reaching 70 million users is more than a number—it’s a testament to the trust our global community places in us,” said Ben Zhou, co-founder and CEO of Bybit. “We are doubling down on compliance, institutional-grade infrastructure, and user-centric innovation to ensure everyone—from first-time traders to global institutions—can access the future of finance with confidence.” Enhanced Global Compliance and Regulatory Conformity Bybit is making a concerted global push in compliance, and working very closely with regulators to determine the future of responsible crypto adoptions. Most recently, the exchange partnered with Vietnam’s Ministry of Finance, providing inputs into the sandbox of the country’s regulation with regards to KYC, AML and international frameworks of compliance. There has also been a lot of movement in important jurisdictions such as the United Arab Emirates, which again underlines the current commitment of Bybit to transparency risk management and cooperation with regulators. Momentum in Institutional Adoption Bybit continues to gain traction among institutional clients due to the high speed infrastructure and the advanced risk tools as well as the compliant custody solutions. A recent integration with Zodia Custody, a leading institutional-grade custody provider, takes Bybit’s capabilities in off-venue settlement and secure custody to an entirely new level. This growth points to Bybit’s ambition to offer strong, institutional-friendly offerings for experienced market players. The Advancing and Utilization of Web3 in the Physical World Over time, innovation is still a prime driver for Bybit’s success. The Bybit Card which is now used by almost 2 million user; allows every day crypto-to-fiat spending. At the same time Bybit Pay provides quick and convenient connectivity for both on-chain and off-chain payments for serving customers and vendors. Bybit also keeps innovating as far as artificial intelligence is concerned. Tools like CryptoLens; an AI-analytic engine provide users with more visibility on how token ecosystems are functioning, including community participation, fundamentals and market sentiment. Even further, TradeGPT, trained by employing Bybit’s proprietary data, provides actionable trading insights, and an AI-supported Support Agent increases client experience with higher speed and efficiency of responses. Bridging Traditional Finance and Web3 At the core of Bybit’s strategy lies its position of being #TheCryptoArk, the gap between traditional finance and decentralized technology. Bybit helps users at all levels seamlessly participate in the dynamic world of digital economy with the help of intuitive products, regulatory partnerships and advanced tools. “We’re building the infrastructure for the next era of finance,” Ben added. “By championing regulation, professionalism, and a relentless user-first approach, we’re shaping a safer, more inclusive, and more empowering financial future for all.”