Industry News

Bybit wins best crypto exchange award at the CED awards

TL;DR Breakdown

• The crypto platform stands out for its transparency and helpful support.
• CED organizers in Dubai admit that cryptocurrency trading is increasing with exchanges like Bybit.

Bybit, a large crypto exchange that focuses on improving the crypto experience in the UAE, gained recognition as the best crypto exchange for its transparency in operations. According to the CED Dubai awards organizers, the Exchange shows a clean track record, with good performance.

The crypto exchange wallet has brought various solutions for fans to the virtual market. The CED event has honored other crypto exchanges for their security and speed in operations.

Bybit has become the number one crypto exchange in the Middle East

Dubai has shown an increase in its crypto adoptions since the beginning of the year. This is because of the reforms that the country has applied and the value that the cryptos earn. These crypto exchanges that gain priority among citizens is Bybit, who, for many, is the most convenient.

After earning recognition at the 2021 CED event, the crypto exchange broker said that he is proud to go this far and will continue to give his clients the best. The operations manager confessed that for the Bybit project to work, over 25 percent of his capital had to be invested in improving the interface, but it was worth it.

The crypto platform showed that its interface is safe, easy to use, and very transparent. However, the Exchange’s operations agent said this achievement will not relax them because changes in their commercial structure are coming now.

According to the CED agent in Dubai, they have seen several cryptocurrency exchanges emerge this year, which shows how much the decentralized market in the Middle East has grown. The CED event considered the platform’s reputation, transactions, and the cryptocurrencies number used by customers to find a winner.

News on the most used exchange in Dubai

According to the Bybit broker, crypto bans shouldn’t be a limit for exchanges to exceed themselves. The platform had to adapt to these cryptocurrency regulations to function legally.

Bybit believes that some restrictions applied to cryptocurrencies make sense because the institutions try to protect citizens. From experience, the agency says these regulators listen to their opinions to agree that favors both parties.

With the crypto event concluded, the Exchange remained one favorite for the Arab region, although it undoubtedly has a lot of competition. The crypto exchange was developed in 2018, and since that date, it has been offering a very secure platform, with brilliant public attention and a fairly wide collection of cryptocurrencies. Meanwhile, crypto fans in Dubai continue to explore a booming market where Bitcoin has already reached a new all-time high in its price.

This post was last modified on October 22, 2021 7:33 am

Carisbel Guaramato

An avid content creator for over 4 years, Carisbel spends her time on blogs and technology news. She honed her skills as a social communicator and now finds crypto and blockchain news events worldwide for transmission through Cryptopolitan's neutral and incisive way.

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