Bybit, the
second largest crypto exchange by spot volumes, announced on Wednesday that it
has achieved a major milestone of 30 million registered users worldwide. The
company also unveiled Copy Trading Pro, a new platform that enables investors
to mirror the strategies of more experienced traders to potentially earn
passive income with more consistent returns.
The
Dubai-based exchange has seen strong growth in last twelve months, with its
market share in spot trading surging from 2% in 2023 to more than 12% in 2024, according
to Finance Magnates Intelligence.
“Reaching
30 million registered users is a humbling achievement, and it wouldn’t be
possible without the unwavering support of our vibrant global crypto
community,” said Ben Zhou, Co-founder and CEO of Bybit. “We are
incredibly grateful for their trust and remain committed to providing
best-in-class, reliable services tailored to local needs.”
Interestingly,
the company had already celebrated reaching the same milestone last month,
having added 10 million new users in just six months. However, this time Bybit has
also announced the launch of a new copy trading product in current lineup.
Bybit Unveils Copy Trading
Pro for Passive Crypto Investing
Although
copy trading has long been a cornerstone of Bybit’s offerings, the
platform has now introduced a new service called Copy Trading Pro. This allows
investors to automatically replicate the trades of carefully selected “Pro
Masters” across both spot and derivatives markets.
These
expert traders can employ diverse strategies to maximize returns and earn up
to 30% of profits generated. Investors’ funds are locked in for 180 days, with
weekly redemptions available, providing Pro Masters a stable capital base to
execute longer-term plays.
“With
Copy Trading Pro, we are revolutionizing the way traders and investors
participate in the crypto market, creating a safer and more mutually beneficial
environment for both sides,” said Joan Han, Sales and Marketing Director
at Bybit.
For
investors, Copy Trading Pro offers the ability to align with top traders while
retaining platform safeguards like 10x leverage limits and robust risk
management tools. Investments seamlessly mirror Pro Masters’ positions,
eliminating slippage and missed trades.
The launch
of the new copy trading platform comes as Bybit continues to push into the Web3
space. Recent initiatives like the Airdrop Arcade, NFT Pro, and Inscription
Marketplaces aim to simplify access to blockchain projects and ecosystems. The
upcoming Bybit Web3 DEX Pro will in addition provide a decentralized exchange
experience.
In the most
recent move, the crypto exchange has integrated Apple Pay into its offering,
enhancing purchases of digital assets.
Bybit, the
second largest crypto exchange by spot volumes, announced on Wednesday that it
has achieved a major milestone of 30 million registered users worldwide. The
company also unveiled Copy Trading Pro, a new platform that enables investors
to mirror the strategies of more experienced traders to potentially earn
passive income with more consistent returns.
The
Dubai-based exchange has seen strong growth in last twelve months, with its
market share in spot trading surging from 2% in 2023 to more than 12% in 2024, according
to Finance Magnates Intelligence.
“Reaching
30 million registered users is a humbling achievement, and it wouldn’t be
possible without the unwavering support of our vibrant global crypto
community,” said Ben Zhou, Co-founder and CEO of Bybit. “We are
incredibly grateful for their trust and remain committed to providing
best-in-class, reliable services tailored to local needs.”
Interestingly,
the company had already celebrated reaching the same milestone last month,
having added 10 million new users in just six months. However, this time Bybit has
also announced the launch of a new copy trading product in current lineup.
Bybit Unveils Copy Trading
Pro for Passive Crypto Investing
Although
copy trading has long been a cornerstone of Bybit’s offerings, the
platform has now introduced a new service called Copy Trading Pro. This allows
investors to automatically replicate the trades of carefully selected “Pro
Masters” across both spot and derivatives markets.
These
expert traders can employ diverse strategies to maximize returns and earn up
to 30% of profits generated. Investors’ funds are locked in for 180 days, with
weekly redemptions available, providing Pro Masters a stable capital base to
execute longer-term plays.
“With
Copy Trading Pro, we are revolutionizing the way traders and investors
participate in the crypto market, creating a safer and more mutually beneficial
environment for both sides,” said Joan Han, Sales and Marketing Director
at Bybit.
For
investors, Copy Trading Pro offers the ability to align with top traders while
retaining platform safeguards like 10x leverage limits and robust risk
management tools. Investments seamlessly mirror Pro Masters’ positions,
eliminating slippage and missed trades.
The launch
of the new copy trading platform comes as Bybit continues to push into the Web3
space. Recent initiatives like the Airdrop Arcade, NFT Pro, and Inscription
Marketplaces aim to simplify access to blockchain projects and ecosystems. The
upcoming Bybit Web3 DEX Pro will in addition provide a decentralized exchange
experience.
In the most
recent move, the crypto exchange has integrated Apple Pay into its offering,
enhancing purchases of digital assets.
