Bybit Launches Bybit.eu for 450 Million EEA Users

Bybit, the world’s second-largest crypto exchange by trading volume, has launched Bybit.eu, a new platform tailored for users in the European Economic Area (EEA). This initiative aims to provide secure, transparent, and legally compliant crypto trading services to millions of Europeans. The launch was announced via Bybit's official X account.

Bybit EU GmbH, a Vienna-based company, manages the new platform. It holds a Crypto-Asset Service Provider (CASP) license under the Markets in Crypto-Assets Regulation (MiCAR), a new EU legislation governing digital assets. This license covers 29 countries within the EEA, allowing over 450 million individuals to trade crypto legally on the platform.

Mazurka Zeng, the head of Bybit EU GmbH, highlighted the significance of this launch, stating that Europe needs a robust crypto gateway that combines advanced technology with regulatory compliance. Bybit.eu is designed to meet these needs, ensuring investor protection and transparent operations.

Bybit.eu offers a range of features to enhance the trading experience. It complies with MiCAR's stringent regulations, safeguarding investors and ensuring transparency. The platform also maintains sufficient reserves to handle large transactions seamlessly. Additionally, it provides a variety of trading tools and liquidity providers, offering deep trading opportunities and globally accepted tools.

One of the standout features of Bybit.eu is its local touch. The platform supports major European languages, including English, Polish, Portuguese, and Spanish, ensuring that users can access live support in their preferred language. This localization effort is part of Bybit's broader strategy to expand its presence in Europe.

Bybit.eu also offers VIP services tailored to the specific needs of large traders, ensuring that they receive the support and tools necessary for successful trading. The platform is set to open new offices in France, Germany, Spain, and Italy, in addition to its existing sites in Vienna and Amsterdam. This local presence will enable Bybit to better serve European users and foster a stronger connection with the community.

Compliance with EU regulations is a cornerstone of Bybit.eu's operations. The platform adheres to the EU's anti-money laundering regulations and the General Data Protection Regulation (GDPR), ensuring that user data is secure and privacy is protected. Bybit's commitment to regulatory compliance is part of its broader vision to drive the development of digital finance in Europe.

Bybit aims to invest in local innovations, novel ideas, and the community, seeking cooperation with developers, banks, and ordinary crypto users. Mazurka Zeng emphasized that Bybit wants to enable more users to adopt crypto and become a dependable entity in Europe's digital future. The launch of Bybit.eu is a significant step towards achieving this goal.

Bybit's entry into the European market aligns it with other major crypto players who are complying with new European regulations. As cryptocurrencies gain popularity in Europe, Bybit is positioning itself to offer safe, legal, and convenient services. The European crypto landscape is poised for growth, and Bybit.eu is set to play a pivotal role in shaping its future.