Bybit, one of the top three crypto exchanges by trading volume, has reported a significant surge in EUR trading volume following the launch of its EUR Zero Fees Fiesta campaign in April this year, according to the information shared with Finbold on May 30.
The campaign highlights Bybit’s dedication to expanding the European market and offering a competitive and cost-effective platform for European traders.
Bybit climbs to #2 in the Netherlands
Since the launch of the EUR Zero Fees Fiesta campaign, Bybit has seen a 13% average daily increase in trading volume for EUR pairs.
This surge solidified Bybit’s status as a major player in the European crypto market, and the exchange is now ranked number two in the Netherlands, testifying to its influence in the region.
Joan Han, Sales & Marketing Director of Bybit, remarked on the importance of democratizing access to the crypto market in Europe, stating:
“By eliminating EUR trading fees, we’re making it easier and more affordable for European users to participate in the cryptocurrency market. We view Europe as one of the key growth markets and are dedicated to offering a streamlined experience for European traders.”
— Joan Han, Sales & Marketing Director of Bybit
The growth of the European crypto market
Bybit’s commitment to fostering a vibrant and accessible crypto ecosystem in European goes beyond fee elimination — the EUR Zero Fees Fiesta campaign also eradicates hidden costs, simplifying user participation without unexpected charges.
Combined with the seamless one-click purchase option via Google Pay across 35 currencies, Bybit enables European users to buy and trade crypto with ease.
Bybit’s focus on innovation and user-centric services underscores its position as an increasingly more popular platform among European traders, fostering a convenient and efficient crypto trading experience.
Bybit’s community engagement strategies
In addition to the EUR Zero Fees Fiesta campaign, Bybit prepared additional community engagement initiatives.
The Bybit Trader of 2024 initiative, launched with the slogan “Ignite Your Trades, Seize the Crowns,” aimed to equip traders with advanced tools and essential knowledge to improve their market performance.
Additionally, Bybit plans to host numerous events throughout the year.
Monthly trading competitions will be held, allowing participants to demonstrate their skills and strategies, thereby recognizing and rewarding active community members.