Bybit launches regulated digital asset platform in the Netherlands

2024-3-28 13:00

Bybit.nl brings more crypto services and products to Dutch users. The launch follows Bybit’s partnership with SATOS, a crypto platform with operations in the Netherlands and Belgium since 2013.

Bybit has announced the launch of Bybit.nl, a regulated digital asset platform for users in the Netherlands.

The crypto news comes as more people look into crypto trading and investing amid Bitcoin’s surged to above $70k.

According to Bybit, expansion into Netherlands via Bybit.nl is part of the mission to bring crypto to more users across the globe. The new digital asset platform allows for this within the regulatory guidelines of the Netherlands.

“We are thrilled to launch our regulated digital asset platform in the Netherlands, furthering our commitment to serving users while upholding regulatory compliance,” said Ben Zhou, co-founder and CEO of Bybit.

Bybit taps SATOS to expand in the Netherlands

Bybit is partnering with SATOS, a crypto service provider that has operated in the Netherlands and Belgium since 2013. SATOS is supervised by the Dutch National Bank and inked its partnership with Bybit in June 2023.

Bybit.nl marks the next step of the collaboration, the companies said in a press release shared with CoinJournal.

This launch means crypto users in the Netherlands can now access various financial products and trading tools, leveraging a trustworthy trading environment.

In this case, Bybit powered by SATOS will offer a number of benefits to the Dutch crypto community.

Apart from a broader range of financial products, the regulated trading platform will also feature advanced trading tools and more education resources.

Users will also benefit from localized support, with support services tailored for the local crypto community. Bybit.nl also offers access to Bybit Web3 features, including the Web3 Wallet and Airdrop Arcade.

Bybit.nl users will also access fiat deposits and withdrawals, over 300 trading pairs and enhanced crypto asset security, the exchange noted.

The post Bybit launches regulated digital asset platform in the Netherlands appeared first on CoinJournal.

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bybit netherlands crypto platform partnership follows launches

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