KEY TAKEAWAYS
- Bybit launches a new platform in Georgia, marking its expansion into the Georgian market with a full local license.
- The platform offers services like spot trading, asset conversion, and OTC trading, with plans for additional features like fiat services and the Bybit Card.
- A launch campaign offers new users up to 65 USDT in rewards, with a total reward pool of 20,000 USDT available through various promotional activities.
- Bybit’s expansion highlights its commitment to providing regulated and innovative crypto services in new markets.
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has launched a new platform specifically for users in Georgia. The platform, accessible at www.bybitgeorgia.ge, marks Bybit’s expansion into the Georgian market following its successful entry into the European Union earlier this year.
Bybit has become the first global cryptocurrency exchange to operate in Georgia with a full local license, providing a regulated environment for digital asset trading. Tekla Iashagashvili, Country Manager of Bybit Georgia, emphasized the significance of this launch, stating that it highlights Bybit’s commitment to offering secure and innovative crypto services while supporting the growth of Georgia’s digital economy.
New Services and Features for Georgian Users
The new platform offers Georgian users access to a range of services, including spot trading, asset conversion, and over-the-counter (OTC) trading for high-volume transactions. Bybit Georgia is also planning to introduce additional localized features such as fiat deposit and withdrawal services, as well as the Bybit Card, which will enable users to spend digital assets in everyday transactions.
To celebrate the launch, Bybit Georgia has initiated a limited-time Launch Campaign running from July 7 through August 7. New users who register and complete identity verification can earn up to 65 USDT in rewards by completing deposit and trading tasks. These rewards can be combined with Bybit’s standard New User Welcome Gifts, potentially bringing the total bonus for new users to 115 USDT.
Referral Program and Reward Opportunities
The campaign offers a total reward pool of up to 20,000 USDT, distributed on a first-come, first-served basis. Eligible users will receive rewards within 10 business days after the promotion ends, provided they meet all requirements and have not engaged in any prohibited activities. Full terms and conditions are available on the Bybit Georgia website.
Additionally, users registered via Bybit’s official Georgian website can earn airdrops and trading fee commissions by inviting friends to join the platform through a unique referral link or code. Rewards include 10 USDT for deposits of at least $100 within seven days, a Mystery Box worth up to $1,000 for higher trading volumes, and commission rates from 20% to 30% based on the number of referrals. Commissions, calculated from referees’ net trading fees, are distributed daily.
Bybit’s expansion into Georgia underscores its commitment to providing regulated, innovative crypto services to new markets, helping users participate safely and confidently in the growing digital asset economy.
Why This Matters: Impact, Industry Trends & Expert Insights
Bybit has launched a localized cryptocurrency platform in Georgia, marking its first fully licensed operation in the country and offering a range of services tailored to Georgian users.
Recent industry reports indicate a trend towards regulatory compliance and market-specific adaptations in crypto exchange platforms. This aligns with Bybit’s strategic move to establish a fully licensed platform in Georgia, ensuring compliance with local regulations while enhancing user experience.
A CryptoNews report highlights Bybit’s significant contribution to Georgia’s digital economy, emphasizing its role in fostering innovation and providing secure digital asset trading services. This supports Bybit’s impact on enhancing the digital economy in Georgia.
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