KEY TAKEAWAYS
- Bybit celebrates its seventh anniversary with $2.5 million in rewards for its global trading community.
- The exchange has achieved significant regulatory milestones, including obtaining the MiCAR license in Austria and a full license in the UAE.
- Bybit launched Byreal, a Solana-based DEX, which ranks fifth in Solana DEX rankings by trading volume.
- The World Series of Trading 2025 set a GUINNESS WORLD RECORDS™ title for most participants in an online trading competition within 24 hours.
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is celebrating its seventh anniversary by offering $2.5 million in rewards to its global trading community. The celebration, announced here, will feature a series of events and activities for nearly 80 million users worldwide.
The festivities, running from November 26, 2025, to January 6, 2026, include six themed prize pools and a grand prize leaderboard. Participants can win rewards by engaging in community activities and achieving milestones. The top 7,777 traders will share a significant prize pool, with the highest performer receiving $77,777.
Regulatory Achievements and Innovations
In its seventh year, Bybit has made notable strides in regulatory compliance. The exchange obtained the Markets in Crypto-Assets (MiCAR) license in Austria, reinforcing its commitment to regulatory standards in Europe. Additionally, Bybit became the first crypto exchange to secure a full Virtual Asset Platform Operator License from the UAE’s Securities and Commodities Authority.
Bybit also launched Byreal, a Solana-based decentralized exchange (DEX), which has quickly gained traction. The platform ranks fifth by 30-day fees and revenue on DefiLlama’s Solana DEX rankings, with over $869 million in cumulative trading volume.
Community Engagement and Record-Breaking Events
Bybit’s commitment to community engagement is highlighted by its flagship trading competition, the World Series of Trading (WSOT) 2025. The event set a GUINNESS WORLD RECORDS™ title for the most participants in an online trading competition within 24 hours.
Reflecting on the past seven years, Bybit’s Co-founder and CEO, Ben Zhou, emphasized the importance of user feedback and transparency in shaping the platform. Zhou stated that Bybit’s journey has been guided by open and honest conversations with its users.
The 7th anniversary celebrations underscore Bybit’s dedication to innovation and user empowerment, marking a significant milestone in its ongoing development.
Why This Matters: Impact, Industry Trends & Expert Insights
Bybit is marking its seventh anniversary by distributing $2.5 million in rewards to its global trading community, highlighting its commitment to user engagement and innovation.
A report highlights a growing trend among major cryptocurrency exchanges to leverage anniversary events for boosting user engagement and loyalty. This aligns with Bybit’s strategy of using its anniversary to enhance community involvement through substantial rewards and activities.
According to expert opinions, the EU’s Markets in Crypto-Assets (MiCA) regulation provides a unified licensing framework, ensuring security and transparency across member states. This supports Bybit’s recent achievement of obtaining the MiCAR license in Austria, reinforcing its regulatory compliance and market position in Europe.
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