Bybit, the fastest-growing cryptocurrency exchange, won the Best Crypto Exchange Award at the Crypto Expo Dubai (CED) 2022. Bybit has more than doubled its user base since its last participation in CED six months ago, making it the third most visited exchange in terms of web traffic.
The award recognizes Bybit’s meteoric rise from a niche but formidable derivatives trading platform in 2018 to a full-fledged exchange for all crypto traders — all 6 million of them — with varying risk appetites and skill levels. With an up rate of 99.9 percent, the platform sailed through the high seas of crypto’s historic trading frenzy in May 2021, backed by its powerful matching engine and robust infrastructure.
At CED 2022, Bybit was among hundreds of speakers, founders, and crypto enthusiasts united by a vibrant vision for the future of blockchain technology.
“The original promise of the internet was to create a level playing field for all,” said Igneus Terrenus, Head of communications at Bybit, and “web 2.0 was somehow led astray from that vision.” “What web 3 and the metaverse could do is give power back to the individual,” he said at a panel discussion about the future of cryptocurrency after the metaverse.
At CED 2022, Bybit recreated a portion of its NFT universe in physical form, showcasing interactive metaverse creations, selected artists, and projects from the Bybit NFT Marketplace.
After an action-packed two days featuring blockchain projects and crypto units from all over the world, Crypto Expo Dubai 2022 came to a successful conclusion on March 17.
Bybit is a cryptocurrency exchange founded in March 2018 to provide a professional platform where cryptocurrency traders can find an ultra-fast matching engine, excellent customer service, and multilingual community support.
The company offers innovative online spot and derivatives trading services, mining and staking products, and API support to retail and institutional clients worldwide and aims to be the most dependable exchange for the emerging digital asset class.
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