With over ten million Chinese nationals abroad, Bybit taps into a vast pool of potential users.
Bybit has started registering and verifying Chinese nationals abroad.
Bybit Opens Registration for Overseas Chinese Nationals
As of June 6th, users have reported that the exchange permits overseas Chinese nationals to register. Notably, users can complete the registration process using a Chinese national ID. However, it appears that trading cryptocurrency based in China is prohibited under Bybit’s current regulations.
Bybit aims to reach a global segment interested in crypto by opening registration to Chinese nationals abroad.
Source: X
The decision to allow registration for Chinese nationals residing abroad underscores Bybit’s proactive approach to compliance and regulatory adherence. By adhering to regulatory requirements and implementing tailored registration procedures for specific user demographics, Bybit demonstrates its commitment to operating within legal frameworks and fostering trust among its user base.
More About Bybit
Bybit is currently offering its users a lucrative opportunity with zero fees on EUR Spot trading pairs, deposit fees, and more. This promotion, available until June 30th, 2024, 11:59 PM UTC, presents traders with a chance to save significantly on transaction costs while engaging in EUR Spot trading activities.
By eliminating fees on deposits and EUR Spot trading pairs, Bybit aims to incentivize increased trading activity on its platform while providing users with a cost-effective and seamless trading experience.
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