{"id":54999,"date":"2021-10-21T14:13:56","date_gmt":"2021-10-21T14:13:56","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=80965"},"modified":"2021-10-21T14:13:56","modified_gmt":"2021-10-21T14:13:56","slug":"bybit-wins-the-most-transparent-exchange-at-crypto-expo-dubai-2021-2","status":"publish","type":"post","link":"https:\/\/kuwaitnewsgazette.com\/bybit-wins-the-most-transparent-exchange-at-crypto-expo-dubai-2021-2\/","title":{"rendered":"Bybit Wins the Most Transparent Exchange at Crypto Expo Dubai 2021"},"content":{"rendered":"
DUBAI, UAE – Media OutReach<\/a> – 21 October 2021 – Bybit, one of the world\u2019s fastest growing cryptocurrency exchanges, has clinched the \u201cMost Transparent Exchange\u201d award at Crypto Expo Dubai (CED) Awards 2021. The award recognized Bybit for its track record of stellar performance, user feedback, scale and financials. <\/a><\/p>\n \u201cWe are honored to receive this distinction, and will work hard to uphold our pledge of transparency and reliability to the crypto lovers who come to Bybit. We invest about 25% of our budget in security to safeguard our infrastructure \u2014 this is nearly twice the industry average. We are constantly tweaking our platform mechanisms to optimize for security and customer experience to provide the next level of trading for our clients. Crypto is never down, neither is Bybit. We will continue to revolutionize the industry by fusing the best of cryptocurrency and traditional finance to provide an unmatched trading experience and price transparency for our traders,\u201d said Igneus Terrenus, Head of Communications, Bybit.<\/p>\n \u201cAs organizers of CED 2021, the largest crypto event in the Middle East, we witnessed the growth of users in the crypto exchanges recently. We are happy and honored to present Bybit with the award after a thorough evaluation of Bybit\u2019s performance in the past few years.\u201d said Dwain Elias Albores, Project Manager of CED 2021. Other factors considered for this award are customer reviews, online traffic and the crypto exchange\u2019s financials.<\/p>\n Terrenus was also a speaker on the \u201cBest of Crypto Exchanges\u201d panel at the conference, where he shared Bybit\u2019s perspectives on regulations \u2014 \u201cRegulations don\u2019t have to be a \u2018challenge\u2019 per se \u2014 as a crypto exchange, Bybit embraces progressive regulations. Because our vision isn\u2019t so different: We want to protect our customers and we want the industry to thrive. In our experience, regulators do listen to feedback from market participants. For the industry to thrive, we need a regulatory framework that is built on dialogues between regulators and ex- perts and people who understand how decentralized finance works.\u201d<\/p>\n Crypto Expo Dubai was held on Oct. 14 to 15 at Festival Arena, Dubai Festival City, and was attended by 8,000 industry influencers, market experts, and crypto professionals.<\/p>\n About Bybit <\/strong><\/p>\n Bybit is a cryptocurrency exchange established in March 2018 to offer a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. The company provides innovative online spot and derivatives trading services, cloud and DeFi mining products, as well as API support, to retail and institutional clients around the world, and strives to be the most reliable exchange for the emerging digital asset class.<\/p>\n For more information please visit: https:\/\/www.bybit.com\/<\/a> Media Contact<\/strong><\/p>\n Kristy Shih<\/p>\n kristy.shih@hkstrategies.com<\/a><\/p>\n +852 2894 6372<\/p>\n Mavis Wu<\/p>\n
\nFor updates, follow Bybit’s social platforms on Twitter<\/a> and Telegram<\/a>.<\/p>\n