Bybit, a significant cryptocurrency exchange and industry leader, said it has over 30 million registered users globally, increasing its market share in spot trading from 2% in 2023 to more than 12% in 2024. Bybit is the second-largest cryptocurrency exchange by spot volume.
In addition to announcing that the exchange has reached 30 million registered users, the project is releasing Copy Trading Pro. This new platform allows investors to replicate the techniques of more experienced traders to earn passive income with more consistent returns.
Ben Zhou, co-founder and CEO of Bybit, reacted to the news that the company had reached a significant milestone of 30 million registered customers.
“Reaching 30 million registered users is a humbling achievement, and it wouldn’t be possible without the unwavering support of our vibrant global crypto community,” said Ben Zhou, Co-founder and CEO of Bybit.
“We are incredibly grateful for their trust and remain committed to providing best-in-class, reliable services tailored to local needs.” He added that Bybit’s exponential growth is impressive, given that the crypto exchange added a whopping 10 million users in just six months.
Bybit’s 30 million registered user milestone will accompany the launch of a trading product that will improve traders’ experiences on the site.
The new offering is the professional version of an existing Copy trading product, which allows traders to replicate the precise trading method of selected master traders. Joan Han, Sales and Marketing Director at Bybit, discussed why the product was launched and what Bybit hoped to achieve.
“With Copy Trading Pro, we are revolutionizing the way traders and investors participate in the crypto market, creating a safer and more mutually beneficial environment for both sides,” Joan wrote via Twitter.
Bybit’s debut of Copy Trading Pro coincides with other exciting product launches, including the Airdrop Arcade, NFT Pro, and Inscription Marketplaces, aiming to simplify access to blockchain projects and ecosystems.
Following the Nigerian government’s crackdown on cryptocurrency firms, Bybit is one of the few cryptocurrency exchanges that remain operational in Nigeria. Bybit is the second largest cryptocurrency exchange, with a 12% market share, trailing only Binance, which has 54%.
