Bybit, now the second-largest cryptocurrency exchange by trading volume, has officially crossed the milestone of 70 million registered users as of May 9, 2025, under CEO Ben Zhou's leadership.
This record underscores Bybit's rapid ascent since its 2018 launch and highlights a sustained focus on building user trust, developing a robust institutional infrastructure, and expanding global reach through compliance and strategic partnerships. The accomplishment reflects increased confidence among both retail and institutional clients, as well as Bybit’s growing influence within the crypto industry.
The exchange's most recent growth aligns with an accelerated user adoption curve—rising from 40 million users in the previous year—and continued investment in technological and regulatory advancements. Bybit has also emphasized collaboration with global regulatory entities, notably in Vietnam and the UAE, to bolster long-term compliance, security, and user protection.
This new milestone is seen as pivotal for Bybit’s competitive stance in the evolving crypto market, with expectations that it will drive greater liquidity and heightened trading activity for cryptocurrencies, while reinforcing trust and security for the platform's diverse user base.