Bybit Launches Regulated Digital Asset Platform for Trading in the Netherlands
Bybit, one of the world’s largest cryptocurrency exchanges by trading volumes, announced the launch of Bybit.nl as a new regulated crypto and digital assets trading platform in the Netherlands.
Bybit is expanding operations in Europe after facing regulatory scrutiny in Hong Kong. Its goal is to serve the Dutch while enhancing the user experience and embracing Web3 features.
On March 28, Bybit announced the official launch of its digital asset platform, Bybit.nl, in the Netherlands. This new local trading platform is regulated in the country and aims to provide Dutch users with access to cryptocurrency trading, educational resources and advanced trading tools, empowering them to trade with ease and efficiency.
The launch of Bybit.nl is made possible through a collaboration with SATOS, one of the oldest Bitcoin-focused companies in the Netherlands. Through this partnership, Dutch Bybit users can deposit and withdraw fiat currency, trade over 300 cryptocurrency pairs, and enjoy enhanced security measures for their crypto assets.
According to the announcement, SATOS, which the Dutch National Bank supervises, guarantees top-notch security and reliability for its users. By launching Bybit.nl, Bybit said its Dutch users will gain access to exciting new features of Bybit Web3, including the Web3 Wallet and Airdrop Arcade, enhancing their overall crypto experience in the Web3 community.
Bybit also stated that it is committed to providing tailored support to the Dutch crypto community, offering localized assistance, and fostering collaboration and innovation through community initiatives. Ben Zhou, co-founder and CEO of Bybit, said,
“We are thrilled to launch our regulated digital asset platform in the Netherlands,
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