Bybit Launched European Cryptocurrency Platform Offering Local Assistance
Bybit, a leading cryptocurrency exchange, has entered the European market with the launch of Bybit.eu, a platform designed to cater to users across the European Economic Area (EEA). Bybit.eu is fully compliant with the Markets in Crypto-Assets Regulation (MiCAR), ensuring it meets the strict EU standards for crypto-asset service providers.
Bybit EU GmbH, the company behind Bybit.eu, holds a licensed status under MiCAR, allowing it to operate as a Crypto-Asset Service Provider (CASP) across the EEA. This licence guarantees that all users of Bybit.eu will meet the highest regulatory standards.
Bybit.eu offers a robust platform for traders, featuring deep liquidity from multiple providers and advanced trading tools. The platform provides a localized user experience and customer service in major European languages, with multilingual support available 24/7 in English, Polish, Portuguese, Spanish, and soon in German, French, Italian, and Romanian. High-volume traders will also benefit from personalized VIP account management.
Mazurka Zeng, CEO of Bybit EU GmbH, sees the launch of Bybit.eu as a long-term commitment to Europe. Zeng stated, "Bybit aims to become a catalyst for crypto adoption in Europe, and the launch of Bybit.eu is a significant step towards achieving this goal."
Bybit has plans to expand its presence in Europe by opening new offices in France, Germany, Spain, and Italy, complementing its existing hubs in Vienna and Amsterdam. This expansion will allow Bybit to reach more users across the EEA, providing regulated crypto services to over 450 million residents.
Bybit.eu's infrastructure builds on Bybit's global tech scale, delivering the same level of performance under strict EU regulation. The company does not disclose specific plans to invest in infrastructure beyond what has already been mentioned.
In addition to its commitment to regulatory compliance and service offerings, Bybit also plans to support local blockchain developers and work with institutions to help drive retail crypto adoption across Europe.
Bybit regularly reports to EU regulators, complies with anti-money laundering laws, and follows GDPR privacy rules, further demonstrating its commitment to maintaining a secure and compliant platform.
These plans demonstrate Bybit's commitment to establishing a strong and compliant presence in Europe, aligning with regional regulations while offering a comprehensive suite of services to European users.
- Bybit EU GmbH, in compliance with the Markets in Crypto-Assets Regulation (MiCAR), offers a licensed platform, Bybit.eu, catering to users in the European Economic Area (EEA), ensuring the highest regulatory standards while providing advanced technology and finance tools for traders.
- With plans to open new offices in France, Germany, Spain, and Italy, Bybit aims to expand its presence across Europe, supporting local blockchain developers, partnering with institutions, and encouraging retail crypto adoption, all while maintaining a secure and compliant platform, inspired by its commitment to regulatory compliance and robust technology.
