Bybit Expands to and Launches Dedicated Team in Brazil

SÃO PAULO, BRAZIL - Media OutReach - 28 April 2022 - Bybit, the world's third most visited crypto exchange and Principal Team Partner of Formula One's Oracle Red Bull Racing team, has announced the expansion into, and launch of a dedicated team in, Brazil to offer cryptocurrency trading and earning services.

Bybit has more than six million users and transacts over $10 billion in digital assets per day. A leader in Asia and Europe, Bybit is launching a dedicated team in Brazil to mark its expansion across Latin America. The Dubai-based company is offering a full suite of products and services rendered in the Brazilian Portuguese language and inflected with local preferences.

A One-Stop Crypto Shop

To ensure Brazilian users have access to top-tier infrastructure, Bybit positions itself as a one-stop crypto destination, offering a host of features that appeal to both the first-time user and the long-time investor.

Among these offerings are spot trading, through which users can buy and sell crypto seamlessly; earning products including dual asset investments that generate yields with a static annual percentage yield; and an NFT marketplace with one of the best collections available, all part of a reliable, stable and seamless user experience. The Bybit NFT marketplace will be the go-to primary marketplace for the Oracle Red Bull Racing NFTs. The forthcoming Oracle Red Bull Racing fan token developed by Bybit will bring fan engagement to the next level by facilitating direct participation of token holders and allowing them to join the charge on and off the track.

"Brazilians highly value their experience with the services they use. When it comes to investments, we know that we will only be successful by offering world class liquidity and reliability that users expect of Bybit", said a representative of the newly established Bybit Brazil team.

The Brazilian senate passed a bill to regulate cryptocurrency transactions in the country this week, attesting to the growing demand for digital assets among Brazilian investors and a promising step forward in regulatory clarity. Bybit holds itself to a high standard in providing a secure and reliable experience for our users. Bybit is committed to being an integral and responsible part of the cryptocurrency ecosystem and advancing regulatory clarity and compliance.

As a welcome to Brazilian users, Bybit has launched two promotions. First, users can now purchase crypto on Bybit with the Brazilian real conveniently and securely using PIX transfers and enjoy zero fees. Second, from May 1 to May 14, 2022, Brazil-based users who open an account with Bybit will receive a 50% deposit bonus on all deposits made during the campaign period, with up to a maximum bonus of R$300. More details can be found here. Follow Bybit on social media: Blog, Telegram, Twitter, Instagram and Facebook for the latest crypto insights and upcoming promotions!

Top-Tier Infrastructure to Support Transparent Trading

Bybit invests about 25% of the budget in security to safeguard the top-tier infrastructure — this is nearly twice the industry average. The exchange is constantly tweaking the platform mechanisms to optimize for security and customer experience and to provide a next level of trading experience. Bybit has proven itself to be the most reliable, stable and usable cryptocurrency exchange of the bull run, offering the best liquidity. Unique among major exchanges, Bybit experienced a 99.99% up rate throughout the year.

"As crypto adoption goes mainstream, it is crucial for us to deliver next level trading experiences to all crypto lovers. Bybit is excited to bring our services to Brazil, offering our users the reliability and seamless experience that we are known for," said the Bybit Brazil representative.

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About Bybit
About Bybit
Bybit is a cryptocurrency exchange established in March 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. The company provides innovative online spot and derivatives trading services, mining and staking products, an NFT marketplace as well as API support, to retail and institutional clients around the world, and strives to be the most reliable exchange for the emerging digital asset class. Bybit is a proud partner of Formula One racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, and Oracle Red Bull Racing Esports, and association football (soccer) teams Borussia Dortmund and Avispa Fukuoka.

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28 Apr 2022

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