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Bybit Launches Bybit.eu: A New Era for Crypto in Europe

In a significant move for European cryptocurrency regulation and user accessibility, Bybit, recognized as the world's second-largest cryptocurrency exchange by trading volume, has introduced Bybit.eu. This dedicated platform is crafted explicitly for users within the European Economic Area (EEA) and is operated by Bybit EU GmbH, a licensed entity under the Markets in Crypto-Assets Regulation (MiCAR). This launch is not only emblematic of Bybit's expanding global footprint but also serves as a testament to its commitment to compliance, security, and the promotion of a robust digital asset environment in Europe.

A Fully Compliant Platform

Bybit.eu is strategically positioned to align with MiCAR's stringent regulations, ensuring that it provides a safe marketplace for traders. This platform has obtained a MiCAR license that allows it to operate across 29 EEA countries, thereby granting access to regulated crypto services for over 450 million Europeans. According to Mazurka Zeng, the Managing Director and CEO of Bybit EU GmbH, this initiative reflects Bybit's long-term dedication to Europe, delivering a technologically advanced and regulated crypto gateway that meets the varying needs of regional users.

The platform showcases a variety of features designed to comply fully with these rigorous standards, including:

• - A Brokerage Platform: Bybit.eu offers deep liquidity sourced from various liquidity providers, securing favorable trading conditions for its users.
• - Localized Service: The interface and customer support are adapted to major European languages, ensuring accessibility for a diverse user base.
• - 24/7 Multilingual Support: Immediate assistance is available in English, Polish, Portuguese, and Spanish, with future plans for German, French, Italian, and Romanian support.
• - VIP Account Management: For high-volume traders, tailored account management services are provided to meet specific regional requirements.

Expansion of Local Presence

Bybit EU GmbH intends to extend its influence further across Europe by opening regional offices in countries such as France, Germany, Spain, and Italy, complementing its established operations in Vienna and Amsterdam. This expansion signifies Bybit's proactive approach to enhancing user experience and building local partnerships, reinforcing its position in the European cryptocurrency market.

Upholding Regulatory Standards

Operations through Bybit.eu are marked by their adherence to transparency and regulatory compliance. Bybit EU GmbH has committed to:

• - Transparent Operations: Regular regulatory reporting enhances trust among users.
• - Anti-Money Laundering Compliance: The platform strictly adheres to EU laws aimed at preventing money laundering.
• - Data Privacy: Bybit ensures compliance with GDPR regulations, safeguarding user data and privacy rights.

Investing in Local Innovations

Beyond facilitating trading, Bybit is dedicated to supporting local talent and startup ecosystems. The company aims to become a catalyst for the adoption of cryptocurrency across Europe, acting as a reliable partner for blockchain developers, institutions, and individual retail users alike. As expressed by Mazurka Zeng, the firm's mission is to influence and enable the future of digital finance in Europe.

Bybit.eu is a significant leap forward in the company's evolution and the broader landscape of cryptocurrency markets, promising not only compliance with evolving regulations but also a user-friendly environment for all traders. This initiative marks a promising future for the crypto sector within European borders, blending cutting-edge technology with rigorous regulatory standards.

About Bybit EU

Established to serve clients across the EEA, except for Malta, Bybit EU GmbH operates as a licensed Crypto-Asset Service Provider under MiCAR, catering to the evolving needs of European users. Services offered include crypto custody, exchange services, and asset transfer solutions, ensuring that all operations are conducted in full alignment with regulatory best practices.

For more information: Visit Bybit.eu

Contact Information

For media inquiries, please reach out to: [media contact email]

In conclusion, Bybit's launch of Bybit.eu does not only enhance trading capabilities in Europe but also promotes a secure and compliant landscape that can significantly elevate the cryptocurrency experience for European users.