Dubai, UAE, May 9, 2025 – Bybit, the world’s second largest cryptocurrency exchange by trading volume, announced today that it has surpassed the 70 million registered user mark. This milestone highlights Bybit’s continued growth and widespread trust across the globe, including retail and institutional clients, further solidifying its market position and demonstrating its strong commitment to security compliance and product innovation.
“Surpassing 70 million users is not just a number, but also a reflection of the trust that global users have in Bybit,” said Zhou Mingyan, co-founder and CEO of Bybit. “We will continue to increase our compliance investment, build institutional-grade infrastructure, and promote user-centric innovation to ensure that both new traders and global institutional clients can enter the financial future with peace of mind.”
Strengthening the global compliance system and actively participating in regulatory cooperation
Bybit is continuously expanding its global compliance framework and working closely with regulators around the world. Recently, Bybit held strategic talks with the Vietnamese Ministry of Finance to actively participate in the local regulatory sandbox program on KYC (know your customer), AML (anti-money laundering) and international best practices, and to provide advice and suggestions for the healthy development of the industry.
Bybit has also made key progress in key jurisdictions including the UAE, further demonstrating its strong commitment to regulatory consistency and operational transparency.
Institutional clients are growing rapidly and professional infrastructure is being implemented
With the continuous improvement of high-performance trading architecture, advanced risk control mechanisms and strategic cooperation, Bybit's institutional customer base is rapidly expanding. Recently, Bybit has reached an integration cooperation with Zodia Custody, the industry's leading institutional-grade custody and over-the-counter settlement service provider, which further demonstrates Bybit's compliance capabilities and technical strength in serving professional investors.
Leading Web3 integration and promoting the real-world application of encrypted assets
Bybit has always been at the forefront of Web3 innovation. Nearly 2 million people are now using Bybit crypto cards to make daily crypto payments; Bybit Pay is also helping users and merchants simplify on-chain and off-chain payment processes.
Adhering to the "user first" concept, Bybit is actively applying artificial intelligence technology to improve trading, research and customer service experience. Its self-developed AI analysis tool CryptoLens can provide in-depth insights into token fundamentals, community activity, social trends and token economic models, even covering projects that have not yet been launched on the platform; AI trading assistant TradeGPT is based on Bybit's proprietary data training and can quickly provide price trend summaries and technical analysis to help users make more informed decisions. At the same time, the AI customer service assistant has also significantly improved the platform's response efficiency and user experience.
Connecting traditional finance with the future of digital assets to create a safe and reliable encryption ark
Bybit has always been committed to becoming the "CryptoArk (#TheCryptoArk)" that connects traditional finance and the Web3 world. Through intuitive and easy-to-use product design, active cooperation with regulatory development, and cutting-edge technology empowerment, Bybit continues to help users at different levels better understand, adapt to, and participate in the digital asset ecosystem.
“We are building the infrastructure for the new financial era,” Zhou added. “Bybit will continue to promote compliance, professionalism and user-first philosophy, and work with global users to build a safer, more inclusive and more empowering financial future.”
