Bybit, the prominent cryptocurrency exchange, has reached a significant milestone by surpassing 30 million registered users worldwide. The Dubai-based platform has also unveiled a new service called Copy Trading Pro, enabling investors to mirror experienced traders’ strategies, potentially earning passive income with more consistent returns.
Bybit Surpasses 30 Million Users, Reaches 12% Market Share
Bybit’s growth has been remarkable, with its market share in spot trading soaring from 2% in 2023 to more than 12% in 2024, according to Finance Magnates Intelligence. This achievement is a testament to the exchange’s commitment to providing reliable and localized services to its global crypto community.
“Reaching 30 million registered users is a humbling achievement, and it wouldn’t be possible without the unwavering support of our vibrant global crypto community,” said Ben Zhou, Co-founder and CEO of Bybit. “We are incredibly grateful for their trust and remain committed to providing best-in-class, reliable services tailored to local needs.”
It’s worth noting that Bybit had previously celebrated reaching the same milestone last month, having added 10 million new users in just six months. This latest announcement, however, also includes the launch of their new copy trading product.
Bybit Unveils Copy Trading Pro for Passive Crypto Investing
While copy trading has been a cornerstone of Bybit’s offerings, the platform has now introduced a new service called Copy Trading Pro. This feature allows investors to automatically replicate the trades of carefully selected “Pro Masters” across both spot and derivatives markets.
These expert traders can employ diverse strategies to maximize returns, earning up to 30% of the profits generated. Investors’ funds are locked in for 180 days, with weekly redemptions available, providing Pro Masters a stable capital base to execute longer-term plays.
“With Copy Trading Pro, we are revolutionizing the way traders and investors participate in the crypto market, creating a safer and more mutually beneficial environment for both sides,” said Joan Han, Sales and Marketing Director at Bybit.
For investors, Copy Trading Pro offers the ability to align with top traders while retaining platform safeguards like 10x leverage limits and robust risk management tools. Investments seamlessly mirror Pro Masters’ positions, eliminating slippage and missed trades.
The launch of the new copy trading platform comes as Bybit continues to expand its presence in the Web3 space. Recent initiatives like the Airdrop Arcade, NFT Pro, and Inscription Marketplaces aim to simplify access to blockchain projects and ecosystems. Additionally, the upcoming Bybit Web3 DEX Pro will provide a decentralized exchange experience.
In the most recent move, the crypto exchange has integrated Apple Pay into its offering, enhancing the convenience of purchasing digital assets.
