Company:Bybit

From HandWiki
Short description: Cryptocurrency exchange
Bybit
FoundedMarch 2018
Headquarters
Dubai, UAE
ServicesCryptocurrency exchange
WebsiteOfficial website

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

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". July 26, 2021. https://www.fool.com/the-ascent/cryptocurrency/bybit-review/. 
  2. "What to Consider About How to Buy Bitcoin in India". October 26, 2021. https://programminginsider.com/what-to-consider-about-how-to-buy-bitcoin-in-india/. 
  3. Harrison, Polly Jean (2021-07-26). "Bybit Announces Entrance into Crypto Spot Trading Market" (in en-GB). https://thefintechtimes.com/bybit-announces-entrance-into-crypto-spot-trading-market/. 
  4. Osipovich, Alexander (July 30, 2021). "U.S. Crypto Traders Evade Offshore Exchange Bans". Wall Street Journal. https://www.wsj.com/articles/u-s-crypto-traders-evade-offshore-exchange-bans-11627637401. 
  5. "Crypto Derivatives Exchange Bybit Launches Spot Trading". July 15, 2021. https://www.financemagnates.com/cryptocurrency/news/crypto-derivatives-exchange-bybit-launches-spot-trading/. 
  6. "Cryptocurrency Trading Contest Offers $1.8 Million Prize Fund". 8 June 2023. https://www.fxempire.com/news/article/cryptocurrency-trading-contest-offers-1-8-million-prize-fund-661289. 
  7. "Cryptocurrency Exchange Bybit Now in Turkey". August 23, 2021. https://raillynews.com/2021/08/cryptocurrency-exchange-bybit-is-now-in-turkey/. 
  8. "Oracle Red Bull Racing Gears Up To The Next Level As Bybut Joins The Charge" (in en). https://www.redbullracing.com/int-en/oracle-red-bull-racing-gears-up-to-the-next-level-as-bybit-joins-the-charge. 
  9. Harrison, Polly Jean (July 26, 2021). "Bybit Announces Entrance into Crypto Spot Trading Market". https://thefintechtimes.com/bybit-announces-entrance-into-crypto-spot-trading-market/. 
  10. Nicholson, Jonno (2021-08-18). "NAVI unveils Bybit as cryptocurrency partner" (in en-GB). https://esportsinsider.com/2021/08/navi-bybit-partnership/. 
  11. Biazzi, Leonardo (2021-08-25). "Virtus Pro signs 3-year deal with crypto exchange Bybit" (in en-US). https://dotesports.com/business/news/virtus-pro-signs-3-year-deal-with-crypto-exchange-bybit. 
  12. Biazzi, Leonardo (2021-08-23). "Astralis unveils partnership with crypto exchange Bybit" (in en-US). https://dotesports.com/business/news/astralis-unveils-partnership-with-crypto-exchange-bybit.