verified bitcoin address

Bybit

Bybit

Bybit (legal name Bybit Fintech Limited) is a centralized cryptocurrency exchange and related Web3 services platform. It was founded in 2018 by Ben Zhou, who is also its CEO, and it is described as being based in Dubai, United Arab Emirates. (en.wikipedia.org)

Services and positioning

Bybit is commonly characterized as a major crypto venue, with a historical emphasis on crypto derivatives trading, and it also offers products such as spot trading and other exchange-adjacent services (e.g., staking/lending and related platform features, depending on jurisdiction and product availability). (marketswiki.com)

Official web presence

On X, the account biography describes Bybit as “The ultimate crypto exchange and Web3 platform” and claims “70M+ traders worldwide” (as stated in the profile). (twitter.com)

Notable incident

In February 2025, Bybit reported a major security breach in which approximately $1.5 billion in crypto assets was stolen; multiple major news outlets covered the incident, and it has been described as among the largest (or the largest) crypto thefts publicly reported. (apnews.com)

Availability and restrictions (high level)

Bybit’s ability to serve users varies by jurisdiction; for example, it has been reported as not operating in the United States (among other restricted markets). (en.wikipedia.org)

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