Bybit, a cryptocurrency exchange, has announced that it has surpassed 20 million registered users, showcasing its strong presence in the cryptocurrency industry as it approaches its 5th anniversary this December.
Over its existence, Bybit has provided trading solutions, user-friendly platforms, and around-the-clock customer service in multiple languages, according to Ben Zhou, the Co-Founder and CEO of Bybit.
He remarked that Bybit has become a secure and effective cryptocurrency hub, with the 20 million registered users representing the faith and enthusiasm of a community that believes in the potential of cryptocurrency and sees Bybit as their preferred platform.
Bybit attributes its growth to the introduction of AI-powered trading bots, an options market, and a thriving copy trading community, as well as its focus on risk management and AML compliance, which has enabled the platform to acquire licenses in the UAE, Kazakhstan, and Cyprus. Bybit’s commitment to its users remains strong, with plans to introduce more innovative features and services in the near future.
In addition, Bybit has launched TradeGPT, an AI-powered educational tool designed to enhance traders’ engagement with the crypto market. The tool provides access to Bybit’s extensive market data, trading analytics, and technical analysis tools, making it valuable for traders navigating the cryptocurrency landscape.
TradeGPT is positioned as a mentor and guide, offering benefits such as real-time market analysis, multilingual support, and personalized guidance to help users understand market trends and formulate strategies.
Bybit’s introduction of TradeGPT reflects a growing trend in the symbiotic relationship between AI and cryptocurrencies, where AI’s data processing capabilities complement the industry’s needs, and cryptocurrencies incentivize AI research and development.