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bybit News and Articles



Bybit

ByBit suspends service to Korean traders

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Over the past several months, the South Korean authorities have been negotiating with cryptocurrency exchanges to develop an effective interaction mechanism. According to the new rules, each trading platform is required to obtain a license. To do this, it needs to provide all the necessary...

Bybit

Bybit will add verification procedure for withdrawal of BTC

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The Bybit cryptocurrency exchange will require corporate clients and individuals to undergo KYC procedures to withdraw bitcoins. According to the information on the website, the measure was implemented to “increase security requirements for all traders.” Companies are required to provide a list...

Japanese Financial Services Agency

Japanese regulator issues warning to Bybit exchange

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The Japanese Financial Services Agency (FSA) has issued a warning to the crypto exchange Bybit for performing without a license. The regulator did not specify whether it plans to make any claims to the trading platform. In February 2021, Bybit received a similar warning from the UK Financial...

ByBit

ByBit crypto exchange wants to leave China

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Crypto exchange ByBit has warned Chinese traders about the suspension of service from June 15. At the same time, the trading platform's statement notes that transactions will not be available to users using IP addresses under the jurisdiction of the PRC. From mid-June, investors from the Middle...

Bybit

Bybit climbed to 2nd place in the crypto exchanges rank

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Cryptocurrency exchange Bybit has dramatically strengthened its position in the Bitcoin futures market. In terms of open interest in this product, this marketplace moved up to the second place, beating the OKEx platform and the Chicago Mercantile Exchange (CME). According to Skew, Bybit now...

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