Bybit, the fastest-growing cryptocurrency exchange in the world, continues to win accolades, becoming the Best Crypto Exchange as announced by Crypto Expo Dubai 2022.
Since it last participated in CED six months ago, Bybit has doubled its user base and became the third most visited cryptocurrency exchange in terms of web traffic.
Through this award, Bybit is demonstrating its meteoric ascent from a niche but formidable derivatives trading platform to a fully-fledged crypto exchange for both beginner and experienced crypto traders.
Because Bybit leverages its powerful matching engine and robust infrastructure, it is able to provide its users with the best of the best services. That was one of the reasons why Bybit maintained a 99.9 percent uptime throughout the crypto market frenzy in May 2021.
At CED 2022, Bybit was accompanied by hundreds of speakers, founders, and crypto enthusiasts.
Commenting on the development, Igneus Terrenus, head of communications at Bybit, said:
“The original promise of the internet was to create a level playing field for all,” and somehow web 2.0 was led astray from that vision. What web3 and the metaverse could do is to give power back to the individual,” he shared at a panel on what the future holds for crypto after the metaverse.”
Using distributed ledger technology, we can plug the loopholes in existing carbon credit models, possibly preventing a climate catastrophe. The existing carbon credit models have a greenwashing problem, and blockchain technology could put an end to this problem. It is in cases like this where blockchains are useful to record and assess real progress in carbon reduction and carbon capture. And NFTs are as much about ownership and bragging rights as they are about tradable assets and financial instruments.
Additionally, Bybit recreated a part of its NFT universe in physical form at CED 2022 to showcase interactive metaverse creations, select artists, and Bybit NFT Marketplace projects.
Crypto Expo Dubai 2022, a two-day conference on blockchain and crypto that featured a wide range of innovative projects from around the world concluded on March 17 after an action-packed two days.
