Bybit EU: Everything You Need to Know About the Leading Crypto Platform

In the world of cryptocurrencies, some platforms stand out due to their growth, technology, and ability to meet regulatory challenges. Bybit, founded in 2018 by Ben Zhou, is among those players that quickly established themselves in the global crypto trading market. With a varied offer and a robust technical architecture, the platform addresses both beginners and professional users. Present in more than 160 countries, it now extends its services in Europe via Bybit EU, an entity compliant with EU requirements. This detailed article will allow you to know everything about Bybit EU, its service offerings, trading products, regulatory aspects, and its market position.

Complete Presentation of Bybit EU

Founded in 2018 by Ben Zhou, a former Morgan Stanley executive, Bybit is a crypto exchange that quickly established itself thanks to its innovative crypto trading platform, offering a smooth and intuitive interface, ideal for traders of all levels. It enables the exchange of various cryptocurrencies such as BTC, ETH, SOL, ADA, among others, and is distinguished by its passive income solutions through Bybit EU Earn and its margin trading service. 

Based in Dubai, United Arab Emirates, Bybit has capitalized on an environment conducive to financial innovation and blockchain technologies. Today, it is present in more than 160 countries and continues to expand its influence, notably in Europe with the launch of Bybit EU.

Main Features of Bybit

• Advanced Security: Bybit applies strict protocols to protect funds, including cold storage and two-factor authentication.
• Varied Products: From passive investment through Bybit EU Earn to spot and margin trading, Bybit EU offers solutions adapted to diverse profiles.
• Accessible User Interface: Designed to suit all levels, Bybit’s interface combines ergonomics and professional tools.
• Enhanced Compliance in Europe: Through Bybit EU, the platform respects European regulatory requirements, notably the segregation of assets between entities, in accordance with current standards, to ensure secure and transparent fund management.

History and Evolution of Bybit

Bybit was created with the objective of revolutionizing cryptocurrency trading by offering a simple, fast, and secure platform. From its beginnings, it distinguished itself by a smooth interface and advanced technical tools, attracting a large user base, mainly in Asia. Within a few years, Bybit became one of the most reliable crypto trading platforms worldwide. Here are the key milestones in Bybit’s evolution:

• 2018: Platform launch
  • Launch of Bybit with perpetual futures quickly winning over professional traders thanks to attractive leverage and a clear interface.
• 2019: International expansion
  • Expansion in Europe and North America to strengthen global position.
  • Growing adoption of the platform by traders worldwide, processing 10% of the global Bitcoin transaction volume.
• 2020: Strengthened compliance and security
  • Surpassed BitMEX in market share and reached 4 billion dollars in daily volume.
  • Increased team size to meet the needs of an international audience.
• 2021: Rise to prominence
  • Daily trading volume exceeding 70 billion dollars and diversification of services to become a complete crypto platform.
  • Launch of Bybit Earn to offer passive income solutions and trading bots to automate trading strategies.
• 2022: Ongoing innovation and transparency
  • Real-time publication of reserves through Bybit’s proof of reserves system, enhancing transparency.
  • Record partnership with Oracle Red Bull Racing and introduction of USDC options for BTC and ETH.
• 2023: New momentum
  • Headquarters established in Dubai and MVP license obtained.
  • Reached 20 million users and launched the Bybit card in partnership with Mastercard.
  • Ranked among the most reliable crypto trading platforms according to CoinGecko.
• 2024: Expansion beyond borders
  • Over 40 million users and the second largest crypto exchange worldwide.
  • Launch of Bybit Web3 and integration of 10 million users into Bybit Wallet.
• 2025: Regulated and ready for the future
  • Obtained MiCAR license to offer regulated services in 29 EEA countries.
  • Opened Bybit EU headquarters in Vienna and launched the platform.
  • Registered with India’s Financial Intelligence Unit.
  • Reached 80 million users worldwide.

Today, Bybit is among the five largest crypto exchanges in the world, with tens of millions of active users in more than 160 countries. The platform continues to evolve thanks to cutting-edge technology, bank-level security, and enhanced regulatory compliance.

Main Services Offered by Bybit

Bybit EU stands out for the diversity and quality of its services, adapted to varied user profiles. Whether for beginners wishing to invest in crypto or advanced traders seeking sophisticated trading tools, Bybit meets all needs. Here are the main services offered by the platform.

Spot Trading: The Classic Crypto Trading Service

Spot trading is the classic entry point into the crypto ecosystem for many users. It allows buying or selling a digital asset at market price. On Bybit, this service includes:

• A deep order book.
• Pairs quoted in USDT, USDC, EURC
• Availability of assets such as BTC, ETH, SOL, ADA, and emerging tokens.
• A clear interface with customizable technical indicators.

Liquidity on the spot market is ensured by a high number of active users. The fees applied on the spot market are competitive and vary depending on the monthly volume level. Moreover, the clear interface and advanced technical indicators allow all users, even beginners, to understand market fluctuations and execute transactions smoothly.

Derivative products such as leveraged contracts are part of Bybit’s overall offering. However, they are not yet offered on Bybit EU, which currently focuses on services compliant with European regulations like spot and margin.

Bybit Earn: Generate Passive Income

For investors seeking long-term solutions, Bybit has implemented an automated solution called Bybit Earn, the passive investment module. Bybit Earn offers passive income products allowing to generate interest on digital assets without engaging in active trading transactions. This service is divided into three products:

• Flexible deposits with variable interest and withdrawal at any time.
• Fixed-term products offering higher yields in exchange for temporary locking of funds.
• Structured products, where returns depend on the evolution of specific digital assets.

Each product is associated with a clearly indicated risk level, allowing users to choose according to their long-term financial goals.

Bybit Card: Spend Your Cryptos in Real Life

Beyond simple trading, Bybit provides users with practical tools and services to integrate cryptocurrencies into their daily life or automate their trading strategies. Among these, the Bybit card stands out.

The Bybit card allows its users to spend their cryptos (like BTC or ETH) to pay for purchases in USD or other local currencies. Operating on Visa and Mastercard networks, this card works like a classic bank card. Withdrawals and payments are accessible according to regulatory zones. In France, certain features remain restricted according to AMF directives.

The main features of the Bybit Card include:

• 10% cashback on purchases, paid directly in BTC.
• Automatic crypto conversion for online payments and in-store purchases.
• Real-time transaction tracking via the mobile app.
• Management of spending limits and currencies through the mobile app.
• Compatibility with Visa and Mastercard networks.
• Real-time access to transaction history.

The Bybit Card allows users to pay with crypto while benefiting from cashback and automatic conversion, compatible with Visa and Mastercard.

Trading Bots: Automate Your Strategies

For those who wish to automate their trading, Bybit offers several trading bots. These tools are designed to take advantage of market volatility by executing trades automatically. The two main bots are:

• DCA Bot (Dollar-Cost Averaging): buy small amounts of crypto at regular intervals to smooth the average purchase price.
• Spot Grid Bot: capitalizes on market fluctuations through automated buy and sell orders based on a predefined grid.

The bots are customizable according to each user’s risk level, budget, and investment strategy. These tools are designed to remove emotional bias and automate investment decisions.

Mobile Application: Trading on the Go

The Bybit app, available on iOS and Android, allows users to manage all their trading operations while on the move. It provides:

• Access to spot trading features.
• Management of Bybit Earn products.
• Access to automated bots.
• Identity verification, two-factor authentication, and educational modules to protect user accounts.

User reviews highlight the app’s smooth performance, stability, and the wide range of tools available.

Security, Compliance, and Transparency at Bybit

With Bybit EU, the crypto exchange has launched a version compliant with European regulatory requirements. In France, Bybit follows AMF guidelines, ensuring a secure and compliant service for European users.

• Cold storage for the majority of crypto assets.
• Two-factor authentication and anti-phishing protection.
• Mandatory identity verification to access full features.
• Regularly updated proof of reserves to ensure transparency of platform-held funds.

Bybit also complies with local regulations in the jurisdictions where it operates. In Europe, Bybit EU adheres to MiCAR legislation, ensuring a compliant and secure trading environment for European users.

Bybit Customer Support and User Assistance

To support users in their journey, Bybit emphasizes assistance and education. Customer support is available 24/7 through multiple channels:

• Live chat integrated into the platform.
• Help center with FAQs and video tutorials.
• Guided onboarding with step-by-step notifications during registration.

Bybit also focuses on user education through integrated learning modules within the interface, helping users better understand crypto trading and risk management.

Competitions and Events: WSOT and Community

Bybit engages its community through regular competitions. The World Series of Trading (WSOT) is the most well-known. It is an international tournament where traders compete based on performance, risk management, and consistency.

Objectives:

• Increase engagement around crypto trading.
• Showcase technical skills.
• Strengthen brand image among active users.

The rewards are substantial, including prizes in BTC, USD, or other crypto assets. Such initiatives support platform growth and attract new user profiles.

Strengths and Limitations of the Bybit Platform

Before opening an account, it is useful to have a balanced view of the platform’s advantages and disadvantages.

Strengths

• Fast execution with low latency.
• Intuitive interface suitable for beginners.
• Wide range of products: spot, margin, passive income.
• Comprehensive mobile app.
• Ongoing commitment to compliance and security.

Limitations

• Regional availability: some products may be restricted depending on local regulations, although Bybit is working to expand its services.
• Derivatives products: currently not available on Bybit EU.
• Leverage in Europe: limited to x10 for more prudent risk management.

Who Is Bybit For?

One of the platform’s strengths is its ability to adapt to different user profiles. It targets several categories:

• Beginners: through spot trading, the mobile interface, and integrated guides.
• Active traders: with access to bots, margin trading, and advanced technical tools.
• Long-term investors: via Bybit Earn, the card, and passive yield products.

Bybit stands out as a trusted crypto platform, combining ease of use, rich functionality, and strong security. Its solutions such as Bybit Earn, spot trading, margin trading, automated bots, and DCA strategies meet the expectations of a broad European audience.

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Luc Jose A.

Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.