Bybit receives full license in Kazakhstan to expand services for crypto traders

From Investing.com

September 27, 2024 10:00 AM:

Bybit secures a full license from the Astana Financial Service Authority in Kazakhstan, allowing the world’s second-largest cryptocurrency exchange to offer a wide range of services including digital asset trading, custody, investments, and more. CEO Ben Zhou expresses excitement about expanding in Kazakhstan’s growing crypto market with cutting-edge technology and transparent services.

With the new license, Bybit Kazakhstan will introduce spot and derivatives trading, margin trading, and crypto loans on the upcoming “bybit.kz” platform in mid-October 2024. Bybit’s move into Kazakhstan aligns with its mission to provide reliable and transparent services tailored to the needs of crypto traders and investors in the region, promoting innovation and growth within the global cryptocurrency landscape.

Bybit, as the second-largest cryptocurrency exchange by trading volume serving over 50 million users since 2018, emphasizes a professional platform with an ultra-fast matching engine, 24/7 customer service, and multilingual community support. The company’s partnership with Oracle Red Bull Racing reflects its commitment to excellence, while the licensing in Kazakhstan marks a significant milestone in its global expansion strategy.

Read more at Investing.com: Bybit Receives Full License in Kazakhstan By Chainwire