📋 Company
OverviewBybit is a leading global cryptocurrency trading platform focused on derivatives and spot trading. Since its inception, Bybit has taken a prominent position in the cryptocurrency industry through innovative technology, user-friendly interfaces, and a global operating strategy. Below is a detailed corporate profile of Bybit, covering basic information, business classification, market positioning, core business, regulatory compliance, technology infrastructure, and more.
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Thefull name and abbreviation of basic information
The official full name of Bybit is Bybit Fintech Limited, abbreviated as Bybit.
Sub-parent company name
Bybit Fintech Limited is an independently registered entity with no publicly disclosed explicit parent or subsidiary information. According to the available information, Bybit operates as a cryptocurrency exchange with a relatively independent operating model, and it is not clearly affiliated with a larger group or has a subsidiary.
Founded:
Bybit was founded in March 2018.
Country of Registration
: Bybit is registered in the British Virgin Islands (BVI).
Headquarters
AddressBybit's headquarters is currently located in Dubai, United Arab Emirates, and the exact address is not disclosed. Previously, Bybit had its main operational office in Singapore, located at 40A Orchard Road, Macdonald House, #03-01, Singapore 238838, but since 2022, its headquarters has been relocated to Dubai.
StatusBybit is currently in active operation, serving more than 60 million users worldwide, making it the second largest cryptocurrency exchange in the world by trading volume.
BackgroundBybit was founded in 2018 by founder and CEO Ben Zhou to provide a professional cryptocurrency trading platform for retail and institutional clients. The platform is known for its efficient matchmaking engine, excellent customer service, and multilingual community support. Bybit's journey includes starting in the Asian market, expanding globally, and innovating in the Web3 and decentralized finance (DeFi) space. In February 2025, Bybit suffered the largest crypto theft in history, losing $1.5 billion, which took a toll on its security and reputation.
Registered
CapitalBybit does not publicly disclose the specific amount of its registered capital. Due to the legal requirements of the BVI, the registered capital is usually low and there are no strict disclosure obligations for cryptocurrency companies, so accurate data cannot be obtained.
Key Executive Background
Ben Zhou (CEO): Founder of Bybit, originally from Singapore, with an education background in New Zealand and the United States. He has extensive experience in the fintech and cryptocurrency sectors, leading Bybit to become one of the world's leading exchanges.
Helen Liu (Chief Operating Officer): Responsible for Bybit's global operations and strategy execution, she has held senior management positions in several international financial and technology companies.
R. K. (Chief Risk Officer): Responsible for risk management and compliance matters, with undisclosed background information.
R. M. (Chief Legal & Compliance Officer): Focused on regulatory compliance and legal affairs, with background information not disclosed.
Advisory TeamBybit has not publicly disclosed the specific list or details of its advisory team. Based on industry practice, crypto exchanges often hire experts in fintech, blockchain technology, and compliance as advisors, but Bybit does not provide publicly available data.
Shareholding structure
: Bybit's shareholding structure is not publicly disclosed. As a private company incorporated in the British Virgin Islands, Bybit is under no obligation to disclose detailed shareholder information. Known investors include nine institutional investors, including Fenbushi Capital, Streamlined Ventures, Hack VC, and Dragonfly, but the exact percentage of their holdings is not disclosed.
Company
natureBybit is a private fintech company focused on cryptocurrency trading and blockchain technology development, and belongs to a limited liability company.
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Bybit belongs to the fintech (FinTech) industry, which is segmented into cryptocurrency exchanges and blockchain service providers. Its business covers the combination of centralized finance (CeFi) and decentralized finance (DeFi), and is committed to providing digital asset trading and investment services for global users.
📊 Market Bybit
Positioned in the global cryptocurrency trading market, serving retail traders, professional traders and institutional clients. Its main markets are:
spot trading markets: spot trading pairs offering more than 100 cryptocurrencies.
Derivatives trading market: including perpetual contracts, futures and options, with up to 100x leverage.
Web3 and DeFi marketplaces: Participate in the emerging decentralized ecosystem by supporting NFT trading, decentralized project incubation, and more.
Bybit's target market covers the world, but is subject to regulatory restrictions in some countries (such as the United States, the United Kingdom, and Chinese mainland).
🛠 Service
Bybit The following main services are available:
spot trading: more than 300 trading pairs are supported, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other mainstream cryptocurrencies.
Derivatives trading: USDT perpetual contracts, USDC perpetual contracts, inverse perpetual contracts, futures, and options are available.
NFT Marketplace: Enables users to trade and create non-fungible tokens (NFTs).
Bybit Earn: Provides staking and wealth management products that allow users to earn money by holding cryptocurrency.
API support: High-performance API interfaces for algorithmic traders and institutional clients.
Web3 products: including decentralized project incubation and blockchain data research, aiming to promote the development of the Web3 ecosystem.
⚖ Regulatory
Information Bybit As a globally operating cryptocurrency exchange, it faces a complex regulatory environment. Here's its regulatory information:
British Virgin Islands (BVI): Bybit is incorporated in the BVI and is regulated by the local Business Companies Act, but the BVI has low regulatory requirements for cryptocurrency exchanges and no specific license number is disclosed.
Austria: In May 2025, Bybit received an undisclosed MiCAR license from the Austrian Financial Market Authority (FMA) with an undisclosed license effective May 30, 2025.
India: In February 2025, Bybit completed the registration of the Financial Intelligence Unit (FIU) of India, which is compliant with the Anti-Money Laundering Act (PMLA), with an undisclosed registration number effective February 2025.
Regulatory Records in Restricted Regions:
Japan: In May 2021 and April 2023, the Financial Services Agency (FSA) issued warnings for Bybit's failure to register, and banned it from listing on the Japanese App Store in February 2025.
United Kingdom: In March 2021, Bybit ceased service due to the UK's Financial Conduct Authority's (FCA) ban on retail derivatives trading.
Canada: In June 2022, Bybit reached a settlement with the Ontario Securities Commission (OSC) to pay a fine of approximately C$2.5 million and stop offering new accounts and products in Ontario.
Thailand: In May 2025, the Securities and Exchange Commission (SEC) of Thailand announced a ban on Bybit for operating without a license.
Bybit actively seeks compliance and cooperates with global regulators, but it still faces restrictions in some jurisdictions due to regulatory differences in the cryptocurrency industry.
📈 Trading
productsBybit's trading products include:
spot trading: Supports over 100 cryptocurrencies, including BTC, ETH, SOL, DOGE, and more, with more than 300 trading pairs.
Derivatives: Including USDT Perpetual Contracts, USDC Perpetual Contracts, Inverse Perpetual Contracts, Quarterly Futures, and USDC Options with up to 100x leverage.
Leveraged tokens: provide more volatile investment tools, suitable for users with high-risk appetite.
NFTs: Support NFT trading and creation, covering art, collectibles, and more.
Traditional financial assets: In June 2025, Bybit launched the "Gold Exchange" beta, which allows users to trade gold, foreign exchange, and U.S. stock indices using USDT.
💻 trading software
Bybit The following trading platforms are available:
Web: Browser-based trading interface that supports spot, derivatives and NFT trading, using Nuxt.js and Next.js technologies.
Mobile: iOS and Android apps that offer full trading functionality with an intuitive interface.
API: REST and WebSocket APIs for developer and institutional customers to support high-frequency trading.
Desktop client: There is no standalone desktop app, and trading is mainly done through web and mobile terminals.
The platform is known for its low-latency, high-throughput matchmaking engine that supports hundreds of thousands of transactions per second.
💳 Deposit and withdrawal
methodsDeposit methods
cryptocurrencies: Supports deposits in multiple cryptocurrencies such as BTC, ETH, USDT, etc., with no minimum deposit requirements.
Fiat: Support fiat currency purchases through third-party payment providers, accept credit cards, bank transfers, and e-wallets.
Withdrawal Method
Cryptocurrency: Users can withdraw crypto to an external wallet at any time and pay network gas fees.
Fiat currency: Some regions support fiat currency withdrawal, which requires KYC verification.
Bybit doesn't charge fees for deposits, but withdrawal fees dynamically adjust based on the blockchain network.
📞 Customer support
is available 24/7 by Bybit Multilingual customer support, including:
Live chat: Live support via the official website and app.
Email: Users can contact the support team via help@bybit.com.
Help Center: Provides detailed FAQs and tutorials covering trading, account management, and security settings.
Social media: Respond to user inquiries via Twitter (@Bybit_Official) and other platforms.
Bybit supports multiple languages such as English, Chinese, Japanese, etc., covering the needs of users around the world.
🔍 Core Business &
ServicesBybit's core businesses include:
cryptocurrency trading: Spot and derivatives trading is available to meet the needs of retail and institutional clients.
Web3 Ecosystem Building: Promote the development of Web3 by supporting NFTs, decentralized projects, and blockchain research.
Asset Management: Staking and wealth management services are available through Bybit Earn.
Technological innovation: Develop a high-performance trading engine and API to support algorithmic trading.
Committed to bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi), Bybit has further expanded its services with the recent launch of the "Gold Exchange" feature.
🖥 Technical infrastructure
bybit The technical infrastructure includes:
matching engine, which can process hundreds of thousands of transactions per second with latency as low as milliseconds.
Tech stack: Data analysis with Nuxt.js, Next.js, Preact, and Tailwind CSS, combined with Google Analytics and Naver Analytics.
Security measures: Protect user assets with multisig wallets, cold storage, and real-time monitoring systems.
Cloud architecture: Based on distributed cloud services, it ensures high availability and global access speed.
$1.5 billion hack in February 2025 exposed vulnerabilities in its multisig wallet system, Bybit subsequently stepped up its collaboration with third-party vendors such as Safe{Wallet} and internal security reviews.
🛡 Compliance and risk control system
compliancemeasures
Bybit works with global regulators to obtain licenses and comply with Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements. For example, its registrations in Austria and India demonstrate compliance efforts.
Risk control system
asset security: more than 90% of user assets are stored in cold wallets, and security audits are conducted regularly.
Transaction monitoring: Use an AI-driven system to detect anomalous transactions and potential fraud.
Insurance Fund: Provide protection for derivatives trading and reduce the risk of users in market fluctuations.
Bybit's risk control system was questioned after the 2025 hack, but its rapid response and compensation program partially restored user trust.
🏆 Market Positioning and Competitive
AdvantageMarket Positioning Bybit is positioned as the world's leading cryptocurrency exchange serving retail, professional, and institutional clients, with an emphasis on Web3 innovation and traditional financial integration.
Competitive Advantage
high-performance platform: fast matching engine and smooth trading experience.
Diversified products: Covering spot, derivatives, NFTs, and traditional financial assets.
Global coverage: Support multi-language and multi-region services, covering 60 million users.
Brand influence: Raise awareness by sponsoring sports and esports events.
Key competitors include Binance, Coinbase, Kraken, and Bitget. Bybit stays competitive with innovative products such as the 1v1 trading arena and low trading fees (0.10% for spot trading non-VIP users).
🤝 Customer Support & Enablement
Bybit Empower clients by:
educational resources: trading guides, video tutorials, and market analysis are available.
Community events: Host trading contests, AMAs, and industry summits to enhance user engagement.
VIP Program: Exclusive services and lower transaction fees for high-net-worth clients.
API support: Customized tools for algorithmic traders.
Bybit's customer support is known for its responsiveness and multilingual service, enhancing the user experience.
🌍 Social Responsibility & ESG
Bybit The following initiatives have been taken in the areas of social responsibility and environmental, social and governance (ESG):
education and promotion: raising public awareness of digital assets through cryptocurrency and blockchain education programs.
Philanthropy: Participate in global philanthropic activities, such as supporting education and poverty alleviation projects.
Green Operations: Commitment to reducing the carbon footprint of data centers and adopting energy-efficient technologies.
Specific ESG data, such as carbon emissions or the amount of charitable donations, is not publicly disclosed.
🤖 Bybit, a strategic cooperation ecosystem
Strategic partnerships with the following organizations and brands:
Sports sponsorship: Signed with the Argentine national football team in 2021 and sponsorship of the Red Bull Formula 1 team in 2022-2024.
Esports partnerships: Sponsorship of Ukrainian esports organization Natus Vincere and Danish esports club Astralis in 2021.
Industry collaborations: Partnering with FXStreet to provide market analysis and blockchain protocols to drive Web3 innovation.
These collaborations have increased Bybit's brand awareness and market presence.
💰 Financial health
bybit Failure to publicly disclose detailed financial statements. As a private company, its financial health can only be speculated on through indirect data:
trading volume: Bybit is the world's second-largest cryptocurrency exchange, with 24-hour trading volumes typically in the billions of dollars.
Funding support: Backed by well-known investment institutions such as Fenbushi Capital, Dragonfly, etc., indicating its financial attractiveness.
Fines and settlements: C$2.5 million was paid to Canada's OSC in 2022 and $1.06 million to India's FIU in 2023, demonstrating its ability to handle regulatory costs.
$1.5 billion hack in 2025 took a significant toll on its finances, but Bybit mitigated some of the damage through insurance and reserves.
🚀 Future Roadmap
Bybit's future development plans include:
Expand traditional financial services: Continue to promote the "Golden Exchange Trading" function and integrate more traditional assets.
Deepening the Web3 layout: Incubate more decentralized projects to support NFT and DeFi innovation.
Global compliance: Seek regulatory approvals from more countries and regions to expand market access.
Technology upgrades: Enhance the performance of the trading engine, optimize the user experience and security.
