Bybit, the world's second-largest cryptocurrency exchange by trading volume, has been recognized with two major awards at the BeInCrypto 100 Awards 2025. The exchange was named Best Centralized Exchange (CEX) in the Judges' Choice category and was also listed among the Best Exchanges in Latin America (LATAM). The awards, presented by the independent global news platform BeInCrypto, highlight companies making significant contributions to the crypto and Web3 sector.
The inaugural 2025 edition honored 100 winners across global and regional categories, including LATAM and APAC. Winners were selected through a two-stage process combining expert panel evaluation with community voting. Bybit's award for Best CEX underscores its position as a leading global platform, serving over 70 million registered users since its founding in 2018. The LATAM recognition reflects its expanding regional presence through localized products and partnerships, aligning with growing digital asset adoption in the area.
In a separate announcement, PrimeXBT, a global multi-asset broker and crypto derivatives exchange, was also honored at the same awards ceremony. The firm was selected as the 'Best Crypto CFD Broker' and received a special Community Choice distinction for garnering the highest number of public votes in its category. PrimeXBT offers an integrated trading environment featuring Crypto CFDs, Crypto Futures, and traditional markets, allowing the use of crypto as collateral and supporting over 100 payment methods.
The BeInCrypto 100 Awards aim to recognize leading innovators shaping the future of Web3, digital assets, and financial technology. The recognition for both Bybit and PrimeXBT comes as a validation of their market position, client-centric approaches, and ongoing commitment to product development and community engagement.
