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 an announcement by Bybit, it was revealed that the platform has partnered with the Dutch crypto trading platform SATOS. The collaboration aims to provide a custody service to Dutch users of Bybit, allowing them to easily deposit and withdraw euros.
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Changes are coming for Dutch users of Bybit, as stated by the exchange:
“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 quickly gained popularity due to its various features. As one of the world’s largest crypto exchanges, Bybit offers a wide range of cryptocurrencies and advanced trading options, including derivatives and leverage trading. This allows traders to profit from both upward and downward market movements. Furthermore, Bybit is known for being a reliable and secure platform, with stringent security measures and a user-friendly interface.
The availability of leverage to increase positions and the ability to execute short trades have contributed to Bybit’s appeal among traders who seek advanced trading capabilities in the ever-changing realm of cryptocurrencies.
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In essence, traders can take advantage of a diverse selection of cryptocurrencies, execute short trades to benefit from price declines, and utilize leverage trading to amplify their positions.