Cryptocurrency

Bybit Partners with Satsos to Launch a Regulated Digital Platform in the Netherlands

Bybit has partnered with Satsos to launch a regulated digital platform in the Netherlands. 

Takeaway Points

  • Bybit On Thursday announced that it has partnered with Satsos.
  • The aim of the partnership is to launch a regulated digital asset platform, Bybit.nl, in the Netherlands.
  • Dutch users will be provided with a versatile platform and enhanced trading tools, localized support, and community engagement, and will gain access to exciting new features of Bybit Web 3.

The Partnership

Cryptocurrency exchange Bybit On Thursday announced it has partnered with Satsos. The aim of the partnership is to launch a regulated digital asset platform, Bybit.nl, in the Netherlands. Through the partnershi,  Dutch users can deposit and withdraw fiat, trade over 300 pairs, and enjoy enhanced security measures for their crypto assets.

Ben Zhou, Co-founder and CEO of Bybit, said they are excited to launch their regulated digital asset platform in the Netherlands, and through their partnership with Satsos, they will provide a secure and seamless trading experience for Dutch users.

“We are thrilled to launch our regulated digital asset platform in the Netherlands, furthering our commitment to serving users while upholding regulatory compliance. Through our partnership with SATOS, we aim to provide Dutch users with a secure and seamless trading experience, backed by industry-leading security measures and unparalleled support.” Ben said.

Other Benefits for Dutch Users

Based on the report, Dutch users will be provided with a versatile platform and enhanced trading tools, localized support, and community engagement, and will gain access to exciting new features of Bybit Web3, including the Web3 Wallet and Airdrop Arcade, enhancing their overall crypto experience in the Web3 community.

About Satos 

SATOS is a crypto service provider operating in the Netherlands and Belgium since 2013. supervised by the Dutch National Bank, it guarantees top-notch security and reliability for its users. The firm believes in Satoshi’s goal, and they do so by providing a secure, reliable, and convenient gateway between the contemporary world and the new world of digital currencies in a responsible manner. 

Bybit

Bybit is one of the world’s top three crypto exchanges by trading volume, and its headquarter is in Dubai. Based on the report, it has over 20 million users worldwide and has $10 billion+ daily average trading volume (USD). Bybit is used in over 160 countries, and their customer support is available 24/7.

 

The Bybit Card is a Mastercard debit card that allows easy and secure access to your funds anywhere and anytime needed. When you use your card to make payments, funds in your funding account will be automatically deducted, and if necessary, the remaining balance will be covered by converting your crypto into fiat currency.

How to Get Your Bybit Card

According to Bybit, to get their card, log in to Bybit and go to your Bybit account. Click Apply Now on this page or the Bybit App, then complete the application steps. You may check the status of your application. Once your application is approved, you can start using your virtual Bybit Card right away; no activation is required.

In Q1 of 2023, the virtual bybit card was launched, and in April 2023, the physical Bybit card was also launched. In  May 2023 Bybit opened the Loyalty Rewards Shop by Jun the rollout Bybit Card VIP Program. 

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