Crypto exchange Bybit expands its reach to Europe with the introduction of Bybit.eu, a platform compatible with MiCAR regulations for continent's digital currency users.
Bybit, a leading cryptocurrency exchange, has launched Bybit.eu, a dedicated platform for users in the European Economic Area (EEA). The new platform aims to provide a secure, transparent, and user-friendly environment for blockchain developers, institutions, and retail users.
Operated by Bybit EU GmbH, a fully licensed Crypto-Asset Service Provider (CASP) under the Markets in Crypto-Assets Regulation (MiCAR), Bybit.eu is purpose-built to meet MiCAR's rigorous requirements for investor protection, operational transparency, and strong capital reserves.
Key Features ------------------
Bybit.eu offers several key features designed to cater to European users:
* **MiCAR Compliance**: Bybit EU GmbH is a licensed CASP under MiCAR, ensuring compliance with European regulations for investor protection and operational transparency. * **Localized User Experience**: The platform provides a tailored user experience with customer support in multiple European languages, including English, Polish, Portuguese, Spanish, and soon German, French, Italian, and Romanian. * **24/7 Multilingual Support**: Users can avail of round-the-clock support in various languages to facilitate easier onboarding and user interaction. * **Brokerage Service with Deep Liquidity**: Bybit.eu utilizes multiple liquidity providers and offers advanced trading tools, backed by Bybit's global scale. * **VIP Account Management**: High-volume traders can benefit from tailored management services, addressing regional needs.
Benefits ------------------
Bybit EU GmbH's commitment to MiCAR compliance brings several benefits for users:
* **Enhanced Security and Trust**: Compliance with MiCAR regulations ensures a safer and more transparent trading environment, contributing to building user trust in the platform. * **Expanded Access**: The platform provides access to regulated crypto services for over 450 million users across the EEA, leveraging a MiCAR license passported to 29 countries. * **User-Centric Approach**: Bybit EU aims to expand its local presence by opening new offices in key European countries, enhancing its engagement with regional markets. * **Regulatory Clarity**: Offers clear regulatory standards, aligning innovation with compliance to create a secure and intuitive crypto ecosystem.
It is important to note that Bybit EU GmbH does not operate a trading platform for crypto-assets nor does it provide investment advice. Furthermore, Bybit EU GmbH is not authorized to operate in Malta.
Bybit's expansion into Europe reflects its commitment to serving the needs of a diverse user base while maintaining the highest standards of regulatory compliance. Bybit.eu is set to revolutionize the crypto landscape in Europe, offering a secure, user-friendly, and accessible platform for all.
- Bybit.eu, the dedicated European platform by Bybit, is purposely built to meet MiCAR's regulations, ensuring compliance with European crypto regulations and providing a secure, transparent, and user-friendly environment for blockchain developers, institutions, and retail users.
- Bybit's expansion into Europe is a strategic move aimed at serving a diverse user base, supporting localized user experiences with customer support in multiple languages, and strengthening its engagement with regional markets by opening new offices in key European countries.
- The Bybit EU GmbH's commitment to MiCAR compliance brings several benefits for users, including enhanced security and trust, expanded access to regulated crypto services, a user-centric approach, and clear regulatory standards that align innovation with compliance to create a secure and intuitive cryptocurrency ecosystem in Europe.