Latest news with #TonyAuBybit
Int'l Business Times
21 hours ago
- Business
- Int'l Business Times
Bybit Expands Global Reach with Credit Card Crypto Purchases in 25+ Currencies and Cashback Rewards
Dubai, UAE, June 27th, 2025, Chainwire Bybit, the world's second-largest cryptocurrency exchange by trading volume, has launched an exclusive limited-time event empowering users to buy crypto with over 25 local fiat currencies — bringing seamless access to digital assets to a broader global audience. With just a few clicks, users can now purchase USDT, BTC, ETH, and more directly with their credit cards, while benefiting from real-time currency conversion and cashback of up to 10 USDT. To further sweeten the deal, new users making their first transaction in a newly accepted currency will also receive an additional 5 USDT bonus, stackable with the cashback reward. The supported local currencies include: PKR, ETB, ARS, LKR, RWF, AOA, KGS, MAD, AMD, TJS, ZMW, TZS, MZN, TMT, JOD, MWK, PYG, BTN, BHD, MVR, HNL, MGA, GTQ, CRC, and UYU. This initiative shows Bybit's goal to make crypto accessible everywhere. By making it easier to convert local currencies into crypto, more people can join the Web3 space with ease and confidence. To participate, users simply need to visit the 'One-Click Buy' page on Bybit's platform, select their desired digital asset and payment currency, and link a Visa or Mastercard. Eligible participants must have completed Level 1 Individual Identity Verification or Business Verification. Users should note that this offer is not available to customers in the European Economic Area. Full terms and conditions apply. #Bybit / #TheCryptoArk About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@ For updates, please follow: Bybit's Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | YouTube Contact Head of PR Tony Au Bybit media@
Business Insider
a day ago
- Business
- Business Insider
Bybit Expands Global Reach with Credit Card Crypto Purchases in 25+ Currencies and Cashback Rewards
Dubai, UAE, June 27th, 2025, Chainwire Bybit, the world's second-largest cryptocurrency exchange by trading volume, has launched an exclusive limited-time event empowering users to buy crypto with over 25 local fiat currencies — bringing seamless access to digital assets to a broader global audience. With just a few clicks, users can now purchase USDT, BTC, ETH, and more directly with their credit cards, while benefiting from real-time currency conversion and cashback of up to 10 USDT. To further sweeten the deal, new users making their first transaction in a newly accepted currency will also receive an additional 5 USDT bonus, stackable with the cashback reward. The supported local currencies include: PKR, ETB, ARS, LKR, RWF, AOA, KGS, MAD, AMD, TJS, ZMW, TZS, MZN, TMT, JOD, MWK, PYG, BTN, BHD, MVR, HNL, MGA, GTQ, CRC, and UYU. This initiative shows Bybit's goal to make crypto accessible everywhere. By making it easier to convert local currencies into crypto, more people can join the Web3 space with ease and confidence. To participate, users simply need to visit the 'One-Click Buy' page on Bybit's platform, select their desired digital asset and payment currency, and link a Visa or Mastercard. Eligible participants must have completed Level 1 Individual Identity Verification or Business Verification. Users should note that this offer is not available to customers in the European Economic Area. Full terms and conditions apply. #Bybit / #TheCryptoArk About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Contact Head of PR Tony Au Bybit
Business Insider
11-06-2025
- Business
- Business Insider
Bybit Adds Limit Order Functionality to Convert for Greater Trading Precision
Dubai, UAE, June 11th, 2025, Chainwire Bybit, the world's second-largest cryptocurrency exchange by trading volume, has enhanced its Convert tool by introducing Limit Order functionality. This update offers users greater control over crypto asset conversions — with zero trading fees maintained. Unlike Instant Orders, which execute immediately at the market conversion price, Limit Orders allow users to set a target conversion price. The transaction only executes once the conversion price is met or exceeded. Key features of Limit Orders on Bybit Convert include: Price Control: Users can set a preferred conversion rate and wait for favorable market conditions. Zero Fees: Limit Orders, like Instant Orders, incur no trading fees. Order Validity: Orders remain active for up to 30 days, with funds securely locked until execution or expiration. User Management: Orders can be tracked or cancelled anytime via the Conversion History tab. Quotes displayed on the Convert page reflect real-time exchange rates, independent from Bybit Spot market prices. The accompanying chart is for reference only and does not represent historical Convert rates. This latest feature continues Bybit's mission to provide accessible, high-performance tools for both novice and experienced traders. More information is available here. #Bybit / #TheCryptoArk About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Contact Head of PR Tony Au Bybit
Associated Press
28-02-2025
- Business
- Associated Press
Bybit Restores Assets and Confidence Through Transparent Recovery Process
DUBAI, United Arab Emirates, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced significant progress in restoring assets and rebuilding trust following a recent security incident. Demonstrating its commitment to transparency and resilience, Bybit has swiftly implemented recovery measures and enhanced security protocols to protect its global user community. Key Recovery Milestones AUM Recovery: Bybit has successfully restored 77% of its Assets Under Management (AUM) to pre-incident levels, underscoring its robust recovery strategy and sustained client confidence. Enhanced Spot Liquidity: The platform now offers superior spot liquidity across the top 180 trading pairs, surpassing industry benchmarks and reflecting substantial improvements from pre-incident conditions. Contract Market Resilience: The recovery of contract trading has outpaced expectations, with the top two indices reaching approximately 86% of normal levels and the top 70 exceeding 87%, outperforming competitors. Sustained Trading Volume: Bybit's trading activity remains strong, with volumes exceeding $40 billion in the past two days, a testament to the resilience and trust of its global user base. Strengthened Proof of Reserves In alignment with its commitment to transparency, Bybit has conducted an additional proof of reserves audit, supplementing its regular monthly verifications. The results confirm full collateralization of all client assets: BTC: 102% ETH: 102% SOL: 103% USDT: 104% USDE: 116% USDC: 229% These figures underscore Bybit's financial stability and its commitment to ensuring client assets remain fully backed at all times. 'We have taken swift and decisive actions to reinforce our security measures and protect our users. Our top priority is to maintain the highest standards of transparency, resilience, and trust,' said Ben Zhou, Co-founder and CEO of Bybit. 'We deeply appreciate the unwavering support from our clients and partners, which has been instrumental in our rapid recovery.' #Bybit / #TheCryptoArk About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Head of PR Tony Au Bybit
