Bybit extends its ‘zero-fees’ campaign until the end of 2022, as the ‘Crypto Ark’ sees growing interest and success from its recent initiative
While everyone is talking about the Crypto winter, ‘Crypto Ark’ Bybit continues to see growing interest and success from its zero-fees campaign launched back in September. Now, the world’s third most visited crypto exchange is planning to extend the initiative for another two months.
Today, Bybit announced it is extending its ‘zero-fees’ campaign until the end of 2022. The announcement also coincides with ByBit’s celebration of 10 million users on its platform. The zero-fee campaign was designed for the crypto-curious looking to kick-start their crypto journey, fortify their financial future, and celebrate financial freedom. It was initially intended to run for only a month, but the huge response and appetite from users has spurred the company into extending the campaign.
The campaign continues to amass recognition and set the trend for the industry. It’s the company’s, and industry’s biggest zero-fees campaign ever: spanning 160+ countries, encompassing 289 Spot pairs — and counting.
The success of zero-fees has also swung the spotlight on Bybit’s continued expansion, growth, and momentum. The company has become a top 10, or better performer on CoinMarketCap and CoinGecko, and as it approaches its 4th anniversary, a new, more confident, and energized Bybit is emerging.
Bybit credits this continuing success to its attitude, attributes, and innovative programs. Founded on the back of a world-class team and technology, and one of the most extensive product portfolios in crypto, Bybit continues to push the boundaries and disrupt the status quo.
ByBit is grown exponentially this year. Although the recent crypt market trend has been rather brutal, builders and industry leaders continue to look ahead. Bybit CEO Ben Zhou believes the company “can become the Apple of sophisticated crypto products”
The startup started out as a niche derivatives trading exchange for professional traders who relished its enterprise-level trading solution. The derivatives platform was followed by the company’s spot exchange, which launched in July 2021, and now boasts a daily volume of hundreds of millions of dollars. Bybit has continued to build upon this leading infrastructure, transforming into a one-stop destination for all things crypto, accessible by all.
The zero-fees is a perfect example of this innovation. It was designed with liquidity, security, and usability at its core. Rather than limiting the range of pairs offered, Bybit unleashed zero-fee for all spot trading pairs. This radical approach meant that users could take full advantage of the offer across the platform rather than be restricted to tailored pairs, like competing exchanges. The result has been an explosion in financial freedom.
Commenting on the Zero-fee initiative extension, ByBit head of financial products Bill Xing said, “Bybit is on a mission to democratize access to financial services and open up the opportunities of Web 3 to everyone. We remain committed to driving the future of crypto, continuing to improve, and offering the most wide-ranging innovative portfolio in the market – and there is a lot more to come.”
Founded in March 2018, Bybit offers a professional crypto exchange platform where crypto traders can find an ultra-fast matching engine, excellent customer service, and multilingual community support. Currently, Bybit is now the world’s third most visited cryptocurrency exchange with more than 5 million registered users. The ByBit crypto trading exchange offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service, and multilingual community support.