Bybit Named Best Crypto Exchange at Crypto Expo Dubai

The award received in Dubai demonstrates Bybit's rapid transformation from a niche platform forderivatives trading in 2018 into a universal crypto trading ecosystem.

The third largest exchange in terms of web traffic has doubled itsuser base from the previous CED season six months ago. Today, more than 6 million users are turning to the Bybit platform for a variety of crypto assets.

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At Crypto Expo Dubai (CED) last weekBybit representatives were among the speakers and shared their vision of the future of blockchain technology. &#171;The original idea of ​​the Internet was to create a level playing field for everyone, and somehow web 2.0 deviated from that vision, &#8212; comments Ignes Terrenas, Head of Communications at Bybit. &#8212; What web3 and the metaverse can do is return lost opportunities to the individual user.

According to Terrenas, blockchain can also play a roletheir role in resolving the impending climate catastrophe. Blockchain can be useful for monitoring and evaluating real progress in reducing carbon emissions.

“These technologies can play a role in solving the biggest challenges of our generation&#187;, &#8212; said Ignes Terrenas.

At CED 2022, Bybit recreated part of its NFT universe in physical form, showcasing interactive metaverse creations, digital artists, and projects from the Bybit NFT marketplace.

Previously, in March, Bybit was named the best cryptocurrency exchange at the Cryptocurrency World Expo 2022 in Warsaw.

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