New crypto exchange in the Netherlands: Bybit has big plans

Bybit, one of the world’s largest crypto exchanges, has entered into a partnership with the Dutch crypto platform SATOS. With this collaboration, Bybit offers the largest range of different cryptocurrencies in the Netherlands in one fell swoop. Om to welcome and receive Dutch customers new users $20 free from Bybit.

Bybit and SATOS join forces

In a announcement from Bybit can be read that the platform has joined forces with the Dutch crypto trading platform SATOS. The Dutch company will offer a custody service to Dutch people for Bybit. This allows users of the platform to easily deposit and withdraw euros.

For Dutch users of Bybit, things are changing, the exchange says:

“From June 15, 2023, Dutch users will no longer have access to P2P services and will no longer be able to make purchases with bank cards on Bybit. All fiat-to-crypto transactions performed by Dutch users are provided by SATOS. Bybit Card users are not affected and can continue to use their card.”

This means that Dutch users can deposit money into their Bybit account again from June 15th with iDEAL and bank transfer. To introduce the Dutch to the platform new customers receive a $20 gift after their first deposit.

What is Bybit?

Bybit is an Asian cryptocurrency exchange that has gained popularity in a short period of time due to several factors. As one of the world’s largest crypto exchanges, Bybit offers a wide range of cryptocurrencies and advanced trading options, such as derivatives and leverage trading. This allows traders to profit from both rising and falling markets. In addition, Bybit has earned a reputation as a reliable and secure platform, with robust security measures and a user-friendly interface.

The ability to increase positions with leverage and the option to execute short trades have contributed to Bybit’s popularity among traders seeking advanced trading capabilities in the dynamic world of cryptocurrencies.

Basically, at Bybit, traders can take advantage of a wide variety of cryptocurrencies, place short trades to take advantage of falling prices, and use leverage trading to increase positions.

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