{"id":25386,"date":"2024-02-29T12:43:00","date_gmt":"2024-02-29T12:43:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4349267_AE49267_0"},"modified":"2024-02-29T12:43:00","modified_gmt":"2024-02-29T12:43:00","slug":"leading-crypto-exchange-bybit-hits-record-spot-trading-volume","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=25386","title":{"rendered":"Leading Crypto Exchange Bybit Hits Record Spot Trading Volume"},"content":{"rendered":"<br \/>\n<table name=\"logo_release\" border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2267288\/Logo.jpg?p=medium600\" border=\"0\" alt=\"\" title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\" \/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span class=\"xn-location\">DUBAI<\/span>, UAE, <span class=\"xn-chron\">Feb. 29, 2024<\/span> \/PRNewswire\/ &#8212; <u><a href=\"https:\/\/www.bybit.com\/en\/press\" target=\"_blank\" rel=\"nofollow noopener\">Bybit<\/a><\/u>, one of&nbsp; the world&#8217;s top three crypto exchanges by volume, hit <span class=\"xn-money\">$71.5B<\/span> in trading volume yesterday, just 7% under the exchange&#8217;s record <span class=\"xn-money\">$77B<\/span> daily trading volume, which was set during the 2021 crypto bullrun.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<\/p><\/div>\n<p>On <span class=\"xn-chron\">Feb. 28<\/span>, Bybit saw <span class=\"xn-money\">$62.6B<\/span> in Futures volume, <span class=\"xn-money\">$8.7B<\/span> in Spot (a record for Spot volume), with Options taking the rest. Bybit now sits second in CoinGecko&#8217;s Trust and Volume rankings.<\/p>\n<p>The global exchange has experienced rapid growth as its reputation for stability and security has spread. Bybit&#8217;s split-second trading engine is paired with multi-level security protocols, advanced encryption technology, and strict anti-money laundering procedures, making it a top choice for smart trader and institutions alike.<\/p>\n<p>&quot;We at the Crypto Ark are on a mission to make this new asset class as widely available as possible through our intuitive platform,&quot; said <span class=\"xn-person\">Ben Zhou<\/span>, co-founder and CEO. &quot;Now, we&#8217;re seeing large inflows and smart money is moving fast. With the Bitcoin halving just around the corner, Bitcoin is proving itself as an institutional asset, a hedge against economic uncertainty, and a vote for financial freedom.&quot;<\/p>\n<p>#Bybit \/ #TheCryptoArk<\/p>\n<p><b>About Bybit<\/b><\/p>\n<p>Bybit is a top-three cryptocurrency exchange by volume with 20 million users established in 2018. It offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24\/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One&#8217;s reigning Constructors&#8217; and Drivers&#8217; champions: the Oracle Red Bull Racing team.<\/p>\n<p>For more details about Bybit, please visit <u><a href=\"https:\/\/www.bybit.com\/en\/press\" target=\"_blank\" rel=\"nofollow noopener\">Bybit Press<\/a><\/u>.<\/p>\n<p>For media inquiries, please contact:&nbsp;<u><a href=\"mailto:media@bybit.com\" target=\"_blank\" rel=\"nofollow noopener\">media@bybit.com<\/a><\/u><\/p>\n<p>For more information, please visit: <u><a href=\"https:\/\/www.bybit.com\/\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/www.bybit.com<\/a><\/u><\/p>\n<p>For updates, please follow: <u><a href=\"https:\/\/www.bybit.com\/en-us\/promo\/global\/communities\/\" target=\"_blank\" rel=\"nofollow noopener\">Bybit&#8217;s Communities and Social Media<\/a><\/u><\/p>\n<p><a href=\"https:\/\/discord.gg\/bybit\" target=\"_blank\" rel=\"nofollow noopener\">Discord<\/a> | <a href=\"https:\/\/www.facebook.com\/Bybit\/\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a> | <a href=\"https:\/\/www.instagram.com\/bybit_official\/?hl=en\" target=\"_blank\" rel=\"nofollow noopener\">Instagram<\/a> | <a href=\"https:\/\/www.linkedin.com\/company\/bybitexchange\/\" target=\"_blank\" rel=\"nofollow noopener\">LinkedIn<\/a> | <a href=\"https:\/\/www.reddit.com\/r\/Bybit\/\" target=\"_blank\" rel=\"nofollow noopener\">Reddit<\/a> | <a href=\"https:\/\/t.me\/s\/Bybit_Announcements\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> | <a href=\"https:\/\/www.tiktok.com\/@bybit_official?lang=en\" target=\"_blank\" rel=\"nofollow noopener\">TikTok<\/a> | <a href=\"https:\/\/twitter.com\/Bybit_Official\" target=\"_blank\" rel=\"nofollow noopener\">X<\/a> | <a href=\"https:\/\/www.youtube.com\/c\/bybit\" target=\"_blank\" rel=\"nofollow noopener\">Youtube<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DUBAI, UAE, Feb. 29, 2024 \/PRNewswire\/ &#8212; Bybit, one of&nbsp; the world&#8217;s top three crypto exchanges by volume, hit $71.5B in trading volume yesterday, just 7% under the exchange&#8217;s record $77B daily trading volume, which was set during the 2021 crypto bullrun. On Feb. 28, Bybit saw $62.6B in Futures volume, $8.7B in Spot (a [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-25386","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Leading Crypto Exchange Bybit Hits Record Spot Trading Volume - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=25386\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Leading Crypto Exchange Bybit Hits Record Spot Trading Volume - My Blog\" \/>\n<meta property=\"og:description\" content=\"DUBAI, UAE, Feb. 29, 2024 \/PRNewswire\/ &#8212; Bybit, one of&nbsp; the world&#8217;s top three crypto exchanges by volume, hit $71.5B in trading volume yesterday, just 7% under the exchange&#8217;s record $77B daily trading volume, which was set during the 2021 crypto bullrun. 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