Bybit Launches Regulated Digital Asset Platform in the Netherlands in Partnership with SATOS

March 28, 2024 - Bybit, a leading crypto exchange by trading volume, has announced the launch of its regulated digital asset platform, Bybit.nl, in the Netherlands. This move comes as a result of Bybit's partnership with SATOS, a crypto service provider with nearly a decade of industry experience, established in June 2023.

The launch of Bybit.nl aims to provide Dutch users a diverse range of financial products and trading tools while adhering to regulatory guidelines with localised support and community engagement initiatives.

In addition, Dutch users will gain access to features of Bybit Web3, including the Web3 Wallet and Airdrop Arcade, enhancing their overall crypto experience in the Web3 community. Through the partnership with SATOS, which is supervised by the Dutch National Bank, users can deposit and withdraw fiat, trade over 300 pairs, and benefit from enhanced security measures for their crypto assets.

Ben Zhou, Co-founder and CEO of Bybit

"We are thrilled to launch our regulated digital asset platform in the Netherlands, furthering our commitment to serving users while upholding regulatory compliance," said Ben Zhou, Co-founder and CEO of Bybit. "Through our partnership with SATOS, we aim to provide Dutch users with a secure and seamless trading experience, backed by industry-leading security measures and unparalleled support."

The strategic alliance between Bybit and SATOS, formed in June 2023, demonstrates Bybit's commitment to providing high-quality services to users in line with regulatory guidelines. SATOS, one of the oldest crypto service providers operating in the Netherlands and Belgium since 2013, brings its reputation and expertise to the partnership, ensuring the delivery of top-tier services to Bybit's Dutch users.