Bybit Unveils Groundbreaking MiCAR-Compliant Platform for Europe

Introducing Bybit.eu: A New Era for European Crypto Users

Bybit, a leader in the cryptocurrency exchange market and the world's second-largest by trading volume, is evolving by launching Bybit.eu. This fully MiCAR-compliant platform is crafted specifically for users across the European Economic Area (EEA). Bybit EU GmbH operates this platform as a licensed Crypto-Asset Service Provider (CASP) under the stringent Markets in Crypto-Assets Regulation (MiCAR), marking a significant milestone in their commitment to secure and transparent digital asset trading.

A Strong Presence in Europe

Bybit EU GmbH has strategically established its headquarters in Vienna, Austria, and has successfully passported its MiCAR license to 29 EEA countries. This strategic move gives over 450 million people access to regulated crypto services through a single, trusted platform, emphasizing Bybit's dedication to meeting the diverse needs of European users.

Leadership Insight

Leading Bybit EU GmbH, Mazurka Zeng, the Managing Director and CEO, expressed a strong commitment to Europe, stating, "Bybit.eu is our long-term commitment to Europe. Europe deserves a world-class crypto gateway that balances technology with robust regulatory standards. That's exactly what Bybit EU delivers." This assurance underlines the focus on fostering user trust and enhancing the crypto trading experience.

Purpose-Built Platform Features

The Bybit.eu platform is meticulously designed to fulfill MiCAR's rigorous criteria, ensuring investor protection and operational transparency. Key features include:

• A brokerage platform with deep liquidity sourced from various liquidity providers, equipped with advanced trading tools.
• Localized user experience providing customer support in major European languages.
• Round-the-clock multilingual support, offering live assistance in English, Polish, Portuguese, and Spanish, with plans for support in German, French, Italian, and Romanian soon.
• Specialized account management for high-volume traders, tailored to the regional market.

Expanding Local Presence

Bybit EU GmbH is committed to solidifying its footprint across Europe by establishing new regional offices in key markets such as France, Germany, Spain, and Italy, while maintaining its existing hubs in Vienna and Amsterdam. This expansion reflects the company's dedication to being closer to its users and enhancing its service capabilities.

Upholding Compliance and Building Trust

Onboarding through Bybit.eu guarantees full compliance with MiCAR regulations. This commitment reflects Bybit EU GmbH's operational standards that emphasize:

• Transparent operations paired with regular regulatory reporting.
• Complete adherence to EU anti-money laundering laws to bolster user safety.
• Strict compliance with GDPR to safeguard user data and privacy.

Investing in the Future of Digital Finance

As part of its long-term vision, Bybit is not just enhancing its platform but also investing in local communities, talent, and innovation. By positioning itself as a trusted ally for blockchain developers, institutions, and retail users, Bybit aims to play a pivotal role in shaping the future of digital finance within Europe.

"Our goal is to become a catalyst for crypto adoption in Europe," stated Mazurka Zeng, reinforcing Bybit's mission of fostering a robust ecosystem for digital assets.

About Bybit EU GmbH

Bybit EU GmbH is the newly formed entity committed to serving clients across the EEA, except Malta, through the Bybit.eu platform. As a licensed Crypto-Asset Service Provider under MiCAR, Bybit EU offers fully regulated services including crypto custody, exchange, and more, all designed to uphold European standards for investor protection and market integrity.

Bybit EU GmbH stands authorized to provide various services including:

• Custody and management of client crypto-assets.
• Exchange services for crypto-assets for funds and other crypto-assets.
• Placement and transfer services for crypto-assets on behalf of clients.

Note that while Bybit EU GmbH guarantees a secure trading environment, it does not operate a trading platform nor offers investment advice.

Frequently Asked Questions

What is Bybit.eu?

Bybit.eu is a MiCAR-compliant platform created for European users, aimed at providing secure and regulated cryptocurrency trading services.

What services does Bybit EU GmbH provide?

Bybit EU GmbH offers custody, exchange, placement, and transfer services for crypto-assets aimed at ensuring regulatory compliance across its operations.

How does Bybit ensure user trust?

Bybit emphasizes compliance with MiCAR regulations, conducts transparent operations, and adheres to strict anti-money laundering laws to ensure safety and trust.

Is support available in multiple languages?

Yes, Bybit.eu provides customer support in several languages including English, Polish, Portuguese, and Spanish, with plans to expand further.

Commitment to innovation in Europe?

Bybit is actively investing in local communities and working with blockchain developers to drive cryptocurrency adoption across Europe.

About The Author

Olivia Taylor here, a 26-year-old writer and financial advisor. After earning a degree in finance, I worked in the sector for years. I've always loved numbers and had a talent for simplifying difficult financial ideas so that anyone could understand. I wrote my first book because of this passion; it helps readers take charge of their financial futures by fusing real-life stories with useful financial advice.

Whether they are just beginning their careers, preparing for significant life events, or seeking to invest wisely, my goal with my writing is to enable people to make educated financial decisions. The foundation of my work is the conviction that security and freedom of the individual are largely determined by financial literacy. To further financial education, I run workshops and frequently write for financial blogs in addition to my books.

I like to travel, experience other cultures, and find inspiration in daily life when I'm not writing or examining market trends. My passion is utilizing sound financial practices to help people reach their financial objectives and lead the best lives possible.

Contact Olivia Taylor privately here. Or send an email with ATTN: Olivia Taylor as the subject to contact@investorshangout.com.

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