Dubai, United Arab Emirates, August 7, 2024, Chainwire
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced an unprecedented milestone: it reached a record daily trading volume of over 107 billion earlier this week. This remarkable figure represents a staggering fourfold increase compared to Bybit’s average daily trading volume of 25 billion, cementing its position as the world’s second-largest cryptocurrency exchange.
The record volume was driven by robust trading activities across a wide range of products, including perpetuals, futures, spot and options. Bybit’s unwavering commitment to providing a superior trading experience, coupled with its robust platform infrastructure, has been instrumental in driving this exceptional growth.
The stability and security of the platform are the basis
Bybit prides itself on offering a safe, stable, and efficient trading environment. The platform’s advanced security measures, including triple-layer asset protection and strong privacy protocols, ensure the safety of users’ funds and personal information. Additionally, Bybit’s world-class trading system consistently delivers exceptional performance, with a trading per second (TPS) capacity of 800,000, a significant improvement from the previous 500,000.
Global reach, user confidence and unmatched support
Bybit offers support in over 20 languages and serves a global user base of over 39 million registered users. This substantial growth underlines the platform’s appeal to traders around the world. Bybit is committed to providing unrivaled support to its users, with a 24/7 customer support service available to assist with any queries or issues.
“We are thrilled to announce this landmark achievement,” said Joan Han, Head of Sales and Marketing at Bybit. “This record-breaking trading volume is a testament to Bybit’s dedication to providing a first-class trading platform that meets the evolving needs of our users and our growing community. We are committed to maintaining our position as a leading cryptocurrency exchange by continuously improving our offering and prioritizing user satisfaction.”
#Bybit / #ElArcoCrypto
About BybitBybit is the world's second-largest cryptocurrency exchange platform by trading volume, boasting over 39 million users. Founded in 2018, Bybit offers a professional platform where cryptocurrency investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of the reigning Formula One constructors' and drivers' champions – the Oracle (NYSE:) Red Bull Racing Team. For more details about Bybit, please visit Bybit Press. For media inquiries, please contact: [email protected] more information, please visit: Updates, Follow us on: Bybit Communities & Social MediaContactHead of public relationsTony AuBy bit[email protected]
This article was originally published on Chainwire
