The cryptocurrency exchange Bybit has launched a regulated digital asset platform in the Netherlands. According to the firm, this step, in partnership with SATOS, aims to give Dutch users access to the exchange's Web 3 features. Dubbed Bybit.nl, the new platform offers trading tools, education resources, and a range of financial products.
Access to Trading Tools
Ben Zhou, the Co-Founder and CEO of Bybit, mentioned: "We are thrilled to launch our regulated digital asset platform in the Netherlands, furthering our commitment to serving users while upholding regulatory compliance. Through our partnership with SATOS, we aim to provide Dutch users with a secure and seamless trading experience, backed by industry-leading security measures and unparalleled support."
Bybit aims to engage with the Dutch crypto community, providing localized assistance and fostering collaboration through various initiatives. This approach aims to cultivate an inclusive trading environment for Dutch users.
Through Bybit's partnership with SATOS, Dutch users can access Web 3 features, including the exchange's Web 3 Wallet and Airdrop Arcade. The crypto exchange mentioned that these features expand the scope of crypto trading possibilities in the region.
???? Our Dutch Bybit community, powered by @SATOS_EU, has hit 1000+ members! ???? @BybitxSatosJoin now for exclusive campaigns and amazing prizes! ???? Become a part of our family: https://t.co/4lZVPynnJ2Get 10 $USDT when you register now: https://t.co/3Vs5fsKxjX pic.twitter.com/gzXEGqMo9y
— Bybit (@Bybit_Official) January 29, 2024
Security and Reliability
Bybit and SATOS facilitate fiat deposits and withdrawals, with over 300 trading pairs available to Dutch users. SATOS is a crypto service provider regulated by the Dutch National Bank.
Recently, Bybit ventured into the European market byopening a new office in the Netherlands. The crypto exchange, which established its global headquarters in Dubai less than a year ago, is growing its operations in Europe. Bybit's alliance with SATOS, formed in June 2023, has paved the way for its sustained presence in the Netherlands despite evolving regulatory frameworks.
The company's foray into Europe marked yet another milestone in its journey of global expansion. Following its decision to relocate its global headquarters to Dubai in April 2023, Bybit has been actively exploring new markets and opportunities.
This article was written by Jared Kirui at www.financemagnates.com.
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