Crypto Exchange Bybit Launches Amsterdam Office in Partnership With SATOS

As an analyst with over two decades of experience in the financial sector, I’ve witnessed the evolution of traditional markets and, more recently, the meteoric rise of cryptocurrencies. Bybit’s strategic move into Amsterdam is not just another expansion for them; it’s a strategic step that underscores their commitment to compliance, innovation, and growth within the European market.

On August 22, 2024, Bybit, one of the largest global cryptocurrency exchanges by trading volume, officially inaugurated its new office in Amsterdam. This milestone signified an important step in Bybit’s expansion across Europe and reaffirmed their dedication to adhering to regulations, fostering innovation, and expanding within the Dutch market.

Crypto exchange Bybit opens Amsterdam office: Details

As per an announcement from Bybit’s management, their newly established office in Amsterdam officially began operations on August 22, 2024. This move represents a significant step forward in Bybit’s plan to expand its presence within the European Union.

The Amsterdam office of Bybit symbolizes their commitment to the regional cryptocurrency community, offering customized chances and advantages for Dutch users. Since March 2024, Bybit.nl, a result of a long-term partnership with SATOS, has been functioning. It offers a completely localized experience, featuring support in the Dutch language and services designed to meet the unique needs of the Netherlands’ thriving crypto environment.

As a researcher, I had the privilege of attending an office opening on August 22nd, which was no ordinary event. It was graced by esteemed guests such as Christian Horner, Team Principal and CEO of Oracle Red Bull Racing, alongside a vibrant mix of crypto influencers, institutions, VIPs, and community members. The timing couldn’t have been more perfect, coinciding with the FORMULA 1 HEINEKEN DUTCH GRAND PRIX. In the spirit of camaraderie, we cheered on our partner Oracle Red Bull Racing as they clinched another podium victory.

Helen Liu, COO of Bybit, underscores the significance of Amsterdam’s launch for Bybit within its broader strategy for worldwide expansion.

Moving into the Netherlands signifies more than just geographical expansion; it’s about strengthening our dedication to adherence, user safety, and regulatory leadership in the European market. We are thrilled to present Dutch users with a platform that integrates transparency, security, and groundbreaking innovation. The establishment of our Amsterdam office marks a substantial leap forward in providing top-tier services customized to meet the unique requirements of the local community, including the forthcoming release of the Bybit Card, which will offer additional flexibility and convenience for our users.

Previously reported by U.Today, this year saw Bybit exceed 40 million registered users, while also adding a significant 10 million new users within a span of only three months.

Education initiative for Dutch community kicks off

Beyond just selling products, Bybit also takes a keen interest in teaching and empowering the Dutch cryptocurrency community. They firmly believe that knowledge serves as the foundation for success in the fast-paced world of cryptocurrencies.

For that purpose, Bybit plans to hold frequent educational sessions such as webinars, workshops, and community gatherings. These events aim to provide information, stimulate conversation, and deepen understanding about the cryptocurrency world. The objective is to arm users with the necessary skills and know-how to handle digital assets with assurance.

Bybit’s voyage in the Netherlands has been truly impressive, marked by milestones from its debut to serving over 40 million users worldwide. Its consistent growth underscores the platform’s commitment to transparency, continuous improvement, and user safety. The establishment of their Amsterdam office solidifies their status as a reliable ally in the Dutch cryptocurrency sector.

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2024-08-26 18:47