Blockchain Press Releases
KuCoin EU Files MiCAR Application in Austria to Ensure Compliant EEA Operations
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Key Takeaways:
- KuCoin EU Exchange GmbH (“KuCoin EU“) is applying for a Markets in Crypto-Assets Regulation (“MiCAR“) license in Austria to operate as a fully compliant crypto-asset service provider in the EU/EEA.
- After receiving the license, KuCoin EU will be leveraging KuCoin’s cutting-edge technology and fostering the well-respected KuCoin brand to offer secure and innovative crypto products and services to KuCoin EU’s customers in EU/EEA.
- Vienna emerges as a strategic European crypto hub with its progressive regulatory framework and access to exceptional talent.
- Crypto industry leaders Oliver Stauber (CEO) and Christian Niedermüller (COO) will ensure operational excellence and full compliance with European Regulatory Standards as Managing Directors of KuCoin EU.
VIENNA, Feb. 20, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, has announced that KuCoin EU Exchange GmbH is in the midst of filing an application for a MiCAR license in Austria. This application underscores KuCoin’s commitment to meeting the highest standards of regulatory compliance while solidifying its presence in the EU/EEA region.
The MiCAR license will enable KuCoin EU to serve its customers across all 30 EU and EEA member countries, ensuring consistent access to crypto products and services under a robust regulatory framework. This initiative aligns with KuCoin’s vision of fostering transparency, trust, and accountability in administering best-in-class digital asset services, offering users a secure and compliant trading platform.
KuCoin EU will set up its headquarters in Vienna, Austria, marking the city a strategic hub for all European activities and is actively hiring talents for its operations. The decision to choose Austria was primarily driven by the timely implementation of the MiCAR accompanying laws, stable and foreseeable regulatory environment as well as the huge talent pool. KuCoin EU acknowledges Austria’s efforts, e.g. driven by the City of Vienna, in creating a transparent, efficient, and best-in-class framework for crypto businesses to operate while safeguarding investors interests and fostering innovation in the financial sector.
Commenting on the establishment of the EU hub, KuCoin’s CEO BC Wong said “As a globally leading crypto exchange, we place compliance and user experience at the forefront of our mission. Today, I am proud to announce the establishment of our new EU hub in Vienna and that KuCoin EU intends to file for a MiCAR application in Austria. This marks a significant milestone in our steadfast commitment to executing a global, compliant strategy. Upon receiving a MiCAR license, we will enter the EEA market, which we deem strategically important. By advancing our compliance efforts, we are poised to better serve local users with more convenient, secure, and seamlessly localized products and experiences. We remain dedicated to fostering a transparent, responsible, and sustainable global digital asset ecosystem.”
Oliver Stauber, former General Counsel and Managing Director at Bitpanda, and Christian Niedermueller, former CEO of another European digital asset exchange, both veterans of the European crypto industry and seasoned financial executives with legal background, have been appointed as the Managing Directors of KuCoin EU Exchange GmbH. Stauber and Niedermueller bring extensive expertise in financial market regulation and crypto exchange management, strengthening KuCoin’s leading position as it navigates the complexities of Europe’s evolving crypto regulations while ensuring a successful and regulatory compliant business operation in the EU and EEA.
“I am absolutely thrilled to embark on this journey as the CEO of KuCoin EU, where we are set to revolutionize the crypto landscape across the EU and EEA with innovative products and services. At KuCoin EU, our mission is clear: to create Europe’s premier, regulatory-compliant crypto asset service provider. We are excited to announce that we will apply for a MiCAR license in Austria. Upon receiving the MiCAR license we are committed to delivering secure, compliant, and cutting-edge crypto solutions that will redefine trust and innovation in the EU’s fintech arena. Get ready for a new era in crypto!”
– Oliver Stauber, CEO of KuCoin EU
“After having scaled up another European exchange and having my toes in the digital asset industry now for more than 9 years, I am very happy to help bringing KuCoin to the next level in Europe. We aim to build a fantastic local team, have a sophisticated localized operational & product setup and also strengthen brand awareness massively in the years to come. Being a KuCoin customer myself since the very beginning in 2017, I couldn’t be prouder to support KuCoin now at this stage.”
– Christian Niedermueller, COO of KuCoin EU
Once KuCoin EU has been granted its MiCAR license, KuCoin EU will be well-positioned to provide services for European users, offering access to a wide range of digital assets while ensuring compliance with EU regulations. The company’s long-term vision includes contributing to the broader adoption of blockchain technology and strengthening the EU’s position as a leader in the global crypto ecosystem.
As KuCoin takes this step forward, the exchange remains focused on fostering innovation and trust in the digital asset space while aligning its operations with regulatory frameworks worldwide.
About KuCoin EU
KuCoin EU Exchange GmbH, based in Vienna, Austria, is committed to establishing a fully compliant digital asset brokerage under the MiCAR framework. By leveraging KuCoin’s advanced technology and nurturing the respected KuCoin brand, KuCoin EU aims to deliver secure and innovative crypto products and services to its customers within the European Economic Area (EEA).
KuCoin EU Exchange GmbH currently does not offer any services in the EU/EEA and will only commence operation upon receiving appropriate licensing.
About KuCoin
Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 39 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots.
KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.
KuCoin is not licensed in the EU/EEA and does not actively offer any services in the EU/EEA.
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View original content:https://www.prnewswire.co.uk/news-releases/kucoin-eu-files-micar-application-in-austria-to-ensure-compliant-eea-operations-302381210.html
Blockchain Press Releases
AB Set to Launch on BitMart Exchange, Expanding Global Trading Channels
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SINGAPORE, Feb. 21, 2025 /PRNewswire/ — AB DAO has announced that the AB token will soon be listed on BitMart Exchange, further expanding its global trading network, enhancing liquidity, and accelerating the worldwide growth of the AB ecosystem. This milestone will provide users with a seamless and secure trading experience while driving broader adoption of AB in the Web3 space.
As a leading global cryptocurrency exchange, BitMart offers a secure and efficient trading environment for users worldwide. The listing of AB on BitMart will enable more users to trade, invest, and actively participate in the AB ecosystem.
This listing is part of AB DAO’s global expansion strategy, with AB tokens being integrated into more major exchanges to expand utility and accelerate ecosystem growth.
In addition to BitMart.com, users will also be able to trade $AB on HTX (htx.com), MEXC (mexc.com), and 4E (eeee.com).
Stay Updated on AB DAO
- Official Website: https://ab.org
- Telegram Community: https://t.me/Newtonproject
- Telegram Channel: https://t.me/AB202528
- X (Twitter): https://x.com/newton_project
- Discord: https://discord.gg/BSbgK6J
- Medium: https://medium.com/@AB.org
View original content:https://www.prnewswire.co.uk/news-releases/ab-set-to-launch-on-bitmart-exchange-expanding-global-trading-channels-302382320.html
Blockchain
Blocks & Headlines: Today in Blockchain – February 20, 2025 | Convergence, LayerZero, Rootstock, VitaminAI, Solpen
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In an era where blockchain technology is rapidly reshaping finance, governance, and the very foundations of digital trust, today’s briefing offers a deep dive into the transformative events defining the space. Welcome to “Blocks & Headlines: Today in Blockchain”—your op-ed-style daily rundown of the most impactful news, partnerships, policy shifts, and technological breakthroughs in blockchain and cryptocurrency. In this comprehensive report, we examine stories that span the convergence of AI, robotics, and VR with blockchain; a legislative push for repealing controversial tax rules affecting the sector; innovative advancements in bridging protocols connecting Bitcoin sidechains; strategic collaborations in AI-powered blockchain development; and emerging trends highlighted by industry thought leaders.
As blockchain continues to revolutionize not just finance but every facet of digital interaction—from decentralized finance (DeFi) and non-fungible tokens (NFTs) to Web3 ecosystems and beyond—the stakes have never been higher. Each of these stories brings with it a mix of opportunity and risk, challenging established norms and inviting both traditional institutions and disruptive startups to reimagine the future of trust, transparency, and efficiency. In today’s fast-evolving landscape, understanding these developments is not only a matter of staying informed but also a strategic necessity for anyone engaged in the digital economy.
This article is designed to provide you with a detailed, insightful look into the latest developments, complete with source attributions and expert opinions, while optimizing for SEO with keywords such as blockchain, cryptocurrency, Web3, DeFi, NFTs, and more. Whether you’re a seasoned crypto enthusiast, an investor, or simply a curious observer of digital innovation, our goal is to equip you with the context, analysis, and perspectives needed to navigate the complexities of today’s blockchain world.
I. Introduction: A Day of Transformative Trends in Blockchain
Today, the blockchain universe is abuzz with news that underscores the sector’s dynamic evolution. From the convergence of cutting-edge technologies to regulatory debates and strategic alliances, the trends unfolding today are emblematic of the larger shifts that are shaping not only the crypto markets but the global digital economy as a whole.
The concept of convergence is a recurring theme—where blockchain intersects with artificial intelligence (AI), robotics, and virtual reality (VR) to create what some are calling watershed moments. At the same time, regulatory developments and policy debates highlight both the challenges and opportunities of governing a decentralized digital frontier. New partnerships, such as those between emerging blockchain innovators and established technology players, signal that the race to harness the full potential of blockchain is accelerating.
In the sections that follow, we delve into each major story in detail, offering an op-ed perspective that not only informs but also provokes thought about the implications of these developments. By analyzing the latest news, we aim to reveal the underlying trends that will likely drive the future of blockchain technology and the cryptocurrency industry.
II. Convergence of AI, Robotics, VR, and Blockchain: A Watershed Moment
Source: Cointelegraph
The digital ecosystem is witnessing a remarkable convergence—one where artificial intelligence, robotics, and virtual reality are interweaving with blockchain technology to create transformative use cases that defy traditional boundaries. Cointelegraph recently reported on this phenomenon, describing it as a watershed moment for the blockchain industry.
A. The Vision of Convergence
At its core, this convergence is about more than just merging disparate technologies; it’s about creating a new paradigm in which each component amplifies the strengths of the others. Imagine a scenario where AI-driven analytics enhance blockchain’s immutable ledgers, robotics ensure secure physical interactions with digital assets, and VR brings immersive experiences to decentralized platforms. This isn’t science fiction—it’s a tangible evolution unfolding before our eyes.
The convergence is driving a reimagination of what blockchain can achieve. It’s no longer confined to financial transactions or record-keeping. Today, blockchain is becoming the backbone of secure digital identities, supply chain transparency, and even immersive, decentralized virtual worlds. The integration with AI enables smarter contracts and predictive analytics, while robotics contribute to enhanced security in automated processes. VR, meanwhile, opens up entirely new ways for users to experience decentralized applications (dApps) and digital assets.
B. Implications for Blockchain and Cryptocurrency
The implications of this convergence are vast. For blockchain developers, it presents both an opportunity and a challenge: to build platforms that can seamlessly integrate multiple advanced technologies. For investors and enterprises, it signals that the future of blockchain is not just about cryptocurrencies like Bitcoin or Ethereum—it’s about creating an interconnected ecosystem that drives innovation across sectors.
Op-ed analysts argue that this convergence could be a catalyst for the next big leap in blockchain adoption. By harnessing the combined power of AI, robotics, and VR, blockchain platforms can overcome current limitations such as scalability, security, and user experience. This, in turn, may spur a wave of new applications in fields ranging from healthcare to education, where data integrity, privacy, and immersive user experiences are critical.
C. Market Reaction and Strategic Positioning
Market reaction to this convergence has been mixed yet optimistic. On one hand, traditional blockchain enthusiasts are excited about the possibilities that enhanced security and smarter operations could bring. On the other hand, skeptics caution that integrating such diverse technologies may introduce new complexities and risks. Nevertheless, industry leaders are not shying away from these challenges. Forward-thinking projects are already underway, exploring how to leverage these technologies in tandem to create truly next-generation blockchain solutions.
As we stand at the crossroads of this technological synthesis, the message is clear: the blockchain industry is entering a phase of rapid evolution, where the ability to innovate and adapt will determine long-term success. The convergence of AI, robotics, and VR with blockchain is not just a trend—it’s a transformative shift that promises to redefine the digital landscape.
III. Legislative Developments: Blockchain Association Advocates for Tax Rule Repeal
Source: The Block
Regulatory and legislative environments continue to play a critical role in shaping the future of blockchain and cryptocurrency. In a notable development, a leading blockchain association has urged lawmakers to vote in favor of a measure introduced by Senator Ted Cruz aimed at repealing a controversial tax rule that many believe hampers blockchain innovation.
A. Background of the Controversial Tax Rule
The tax rule in question has been a point of contention within the blockchain community for years. Critics argue that it imposes undue burdens on blockchain projects, stifling innovation and discouraging investment in the nascent industry. Proponents, however, have maintained that the rule is necessary to ensure tax compliance and prevent illicit activities. This legislative debate has reached a critical juncture, with significant implications for the future of blockchain.
B. The Blockchain Association’s Stance
The blockchain association’s call for repeal is grounded in the belief that the current tax framework is overly restrictive and fails to account for the unique attributes of blockchain technology. In their appeal, the association argues that a more flexible and forward-looking tax policy would better support innovation while still safeguarding the public interest.
Op-ed commentary suggests that the repeal of this tax rule could unleash a new wave of innovation by reducing regulatory friction. Investors and entrepreneurs would likely find a more conducive environment for experimentation and growth, ultimately strengthening the overall ecosystem. The association’s advocacy is not just a policy request—it’s a clarion call for regulators to embrace the realities of a digital economy where traditional tax structures must evolve.
C. Potential Impacts on Blockchain and Cryptocurrency Markets
Should the measure pass, the ripple effects would be significant. A more favorable tax environment could lead to increased capital inflows into blockchain startups and projects, spurring greater innovation and competition. Moreover, a repeal may encourage more mainstream adoption of blockchain technologies, as companies see fewer regulatory obstacles to implementing decentralized solutions.
From an op-ed perspective, this legislative move is a testament to the growing maturity of the blockchain industry. It underscores the need for regulatory frameworks that are adaptable and responsive to technological advancements. By challenging outdated policies, the blockchain community is asserting its role as a driver of economic innovation in the 21st century.
IV. Bridging the Gap: LayerZero Connects with Bitcoin Sidechain Rootstock
Source: FXStreet
In another landmark development, FXStreet reports on an exciting advancement in blockchain interoperability: LayerZero, a prominent bridging protocol, is set to connect with Rootstock—the Bitcoin sidechain designed to bring smart contract capabilities to the Bitcoin network.
A. Understanding the Importance of Blockchain Interoperability
Interoperability is one of the most critical challenges facing the blockchain industry today. With a myriad of blockchains operating independently, the ability to seamlessly transfer assets and data between networks is essential for realizing the full potential of decentralized technologies. The initiative by LayerZero to bridge with Rootstock is a significant step toward solving this problem, as it promises to enable smoother interactions between Bitcoin and smart contract platforms.
B. Technical Insights into the Integration
LayerZero’s bridging protocol is designed to facilitate the transfer of data and assets between different blockchains with minimal friction. By connecting with Rootstock, it aims to unlock new functionalities for Bitcoin—traditionally known as a store of value—by integrating the programmable features of smart contracts. This technical synergy could lead to a host of innovative applications, from decentralized finance (DeFi) solutions to advanced tokenization platforms built on the security of the Bitcoin network.
Industry experts opine that this integration is a breakthrough that could pave the way for more robust cross-chain ecosystems. The blending of Bitcoin’s unparalleled security with the versatility of smart contracts represents a powerful convergence that could redefine how we think about value transfer and digital assets.
C. Strategic Implications and Future Outlook
The strategic implications of this development are profound. For the Bitcoin community, the integration with Rootstock via LayerZero opens up new avenues for utility and innovation. For developers and businesses, it offers the promise of a more connected and efficient blockchain ecosystem, where the limitations of siloed networks are overcome by cross-chain communication.
From an op-ed standpoint, this move is emblematic of the broader trend toward blockchain interoperability—a trend that will ultimately determine the scalability and resilience of decentralized networks. As LayerZero and Rootstock continue to push the boundaries of what is possible, the industry must prepare for a future where seamless interconnectivity is not just a feature but a fundamental requirement.
V. VitaminAI and Solpen: Advancing AI-Powered Blockchain Solutions
Source: Cointrust
Innovation in blockchain is not limited to financial applications—it is increasingly intersecting with artificial intelligence to create smarter, more adaptive systems. A recent announcement by Cointrust details a strategic collaboration between VitaminAI and Solpen, two forward-thinking companies committed to advancing AI-powered blockchain solutions.
A. The Genesis of an Innovative Partnership
The collaboration between VitaminAI and Solpen represents a bold step toward integrating AI into blockchain infrastructure. VitaminAI, known for its cutting-edge AI algorithms, and Solpen, a blockchain development firm with a focus on decentralized applications (dApps), are joining forces to explore new frontiers in data security, predictive analytics, and smart contract automation.
B. Technical and Strategic Advantages
The integration of AI with blockchain promises several technical advantages. AI can enhance blockchain by providing advanced analytics, automating routine processes, and even predicting potential security breaches before they occur. In this partnership, VitaminAI’s expertise in machine learning will be leveraged to create intelligent blockchain systems that can adapt to changing conditions in real time.
Strategically, this collaboration is significant because it positions both companies at the intersection of two of the most disruptive technologies of our time. By combining their strengths, VitaminAI and Solpen aim to develop solutions that not only improve operational efficiency but also enhance the security and scalability of blockchain networks.
C. Broader Implications for the Blockchain Ecosystem
The partnership between VitaminAI and Solpen is a clear indicator that the future of blockchain lies in hybrid solutions that marry AI with decentralized technologies. This integration has the potential to revolutionize sectors such as supply chain management, healthcare, and finance, where real-time analytics and automated processes can lead to dramatic improvements in efficiency and security.
From an op-ed perspective, the VitaminAI-Solpen collaboration is a harbinger of a new era in blockchain innovation—one where smart, adaptive systems will become the norm. The partnership challenges traditional notions of blockchain as a static ledger, instead envisioning a dynamic, intelligent network capable of evolving alongside its users’ needs.
VI. Emerging Trends and Insights from BloomingBit
Source: BloomingBit
In addition to the major headlines discussed above, emerging trends continue to surface within the blockchain and cryptocurrency space. BloomingBit recently published a report that sheds light on some of the most promising new directions in the industry, offering insights into market sentiment, technological breakthroughs, and investor behavior.
A. Highlighting Market Dynamics and Investor Sentiment
BloomingBit’s analysis reveals that despite short-term volatility, the overall market sentiment remains positive as institutional investors and innovative startups drive forward a new wave of blockchain adoption. Key indicators suggest that investors are increasingly attracted to projects that prioritize interoperability, scalability, and real-world utility—qualities that are essential for long-term growth in the cryptocurrency sector.
B. Technological Breakthroughs and Future Opportunities
The report also emphasizes several technological breakthroughs that are likely to have a lasting impact on the industry. From next-generation consensus algorithms to enhanced security protocols and more efficient token economies, the trends outlined by BloomingBit underscore the continuous evolution of blockchain technology. These developments are not only critical for improving the user experience but also for addressing long-standing challenges such as energy consumption, transaction speed, and network security.
C. Op-Ed Reflections: Navigating the Path Forward
From an op-ed standpoint, the insights provided by BloomingBit serve as both a reality check and an inspiration for the blockchain community. They highlight the importance of remaining agile in the face of market fluctuations while staying true to the core principles of decentralization and transparency. The emerging trends identified in the report suggest that the future of blockchain will be defined by its ability to adapt, innovate, and overcome the challenges posed by both technological and regulatory forces.
VII. Synthesizing the Day’s Developments: A Holistic Perspective on Blockchain and Crypto
As we synthesize today’s diverse news stories and insights, a coherent narrative begins to emerge—one that underscores the transformative potential of blockchain technology and the myriad forces driving its evolution. In our analysis, several key themes resonate:
A. Convergence and Innovation as Catalysts for Change
The convergence of AI, robotics, VR, and blockchain, as highlighted by Cointelegraph, represents a seismic shift in how we conceptualize digital technology. This multi-disciplinary integration is not only redefining the capabilities of blockchain but also expanding its applicability across industries. The ability to merge advanced analytics, secure digital interactions, and immersive experiences points to a future where blockchain is a foundational technology for almost every facet of the digital economy.
B. Regulatory and Legislative Dynamics
The call by the blockchain association for repealing controversial tax rules, as reported by The Block, illustrates the critical role that regulatory frameworks play in either stifling or spurring innovation. In a rapidly evolving digital landscape, outdated policies can hinder progress. The legislative debates unfolding today are a reminder that policymakers must adapt to new realities, creating environments where innovation can flourish while still safeguarding public interest.
C. Interoperability and Cross-Chain Solutions
The integration efforts between LayerZero and Rootstock, as covered by FXStreet, underscore the importance of interoperability in realizing the full potential of blockchain. The ability to connect disparate networks seamlessly is pivotal for creating a unified, scalable digital ecosystem. This trend toward cross-chain connectivity is likely to be a cornerstone of blockchain innovation, paving the way for a more connected and efficient global network of decentralized applications.
D. Strategic Collaborations in AI-Powered Blockchain
The collaboration between VitaminAI and Solpen is emblematic of a broader trend toward hybrid solutions that combine the best of blockchain and artificial intelligence. Such partnerships not only enhance operational efficiencies but also provide a competitive edge in terms of security and scalability. This strategic integration signals that the future of blockchain lies in its ability to evolve through collaboration and technological synthesis.
E. Market Trends and Emerging Insights
BloomingBit’s report provides a pulse on the market, reflecting both the optimism and challenges that define the current crypto landscape. As investors seek out projects with real-world utility and robust technological foundations, the insights gained from market analysis will be crucial in guiding future investments and strategic decisions.
VIII. Conclusion: Today’s Major Takeaways and the Road Ahead
In today’s fast-paced blockchain and cryptocurrency landscape, the convergence of transformative technologies, evolving regulatory frameworks, and strategic partnerships paints a picture of an industry in the midst of rapid evolution. The stories we’ve covered—from the visionary convergence of AI, robotics, VR, and blockchain to the legislative battles shaping policy, from groundbreaking interoperability initiatives to strategic collaborations that fuse AI with blockchain—illustrate the multifaceted nature of this digital revolution.
A. A Call for Strategic Adaptation
The takeaway for industry leaders, investors, and enthusiasts is clear: the future of blockchain lies in adaptability and innovation. Embracing convergence, advocating for regulatory reform, and fostering cross-chain collaborations are not optional strategies but imperatives for those who wish to lead in this new digital era.
B. Embracing Innovation While Navigating Challenges
While the road ahead is filled with unprecedented opportunities, it is also fraught with challenges—be it in the form of regulatory hurdles, technological integration issues, or market volatility. The key to success will be a balanced approach that combines robust technological innovation with agile, forward-thinking governance. As the blockchain ecosystem continues to mature, those who can navigate these challenges will set the stage for a more secure, efficient, and inclusive digital future.
C. Final Reflections: The Promise of a Decentralized Future
From an op-ed perspective, today’s news serves as both an affirmation of the progress achieved so far and a clarion call for the next phase of innovation. Blockchain technology is poised to redefine how we interact with data, transact value, and build trust in a digital world. The convergence of disparate yet complementary technologies, the evolution of regulatory policies, and the emergence of strategic partnerships collectively underscore the immense potential of this space.
As we look to the future, one thing is certain: blockchain is not just a technology—it is a movement that is reshaping the fabric of our digital society. The innovations and initiatives discussed today are the building blocks of a future where decentralization, transparency, and security are at the forefront of every transaction and interaction.
In closing, today’s blockchain roundup offers a compelling snapshot of an industry in flux—a dynamic interplay of innovation, regulation, and market forces that together are driving a paradigm shift in how we perceive and use digital technologies. The journey is just beginning, and the road ahead promises to be as challenging as it is exciting. For those willing to embrace the changes, the future is ripe with opportunity, and every block added to the chain brings us one step closer to a more decentralized, secure, and equitable world.
The post Blocks & Headlines: Today in Blockchain – February 20, 2025 | Convergence, LayerZero, Rootstock, VitaminAI, Solpen appeared first on News, Events, Advertising Options.
Blockchain Press Releases
Bybit P2P Block Trade Refreshes 2025 Rewards with AMAs
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DUBAI, UAE, Feb. 20, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to announce 10,000 USDT in bonuses for P2P traders looking to up their games in 2025 in the Bybit P2P Block Trade Giveaway. The event starts today until Mar. 28, 2025 and offers three winning tracks for block traders and merchants to unlock the total prize pool. From Feb. 17 to 21, 2025, Bybit P2P has also been hosting interactive AMAs across regions, helping interested users get ahead of the curve with Bybit P2P’s features, bonus schemes, and the latest trends in P2P.
Throughout the week of Feb. 17, a series of virtual AMA workshops has offered an in-depth look into P2P trading, market and product insights, and local offers and platform highlights. During the interactive AMAs, users get to learn more about how to make the most of Bybit P2P’s benefits and standout features, as well as the opportunity to win up to 60 USDT for eligible live participants. The next one is scheduled for 10:00PM UTC on Feb. 20, 2025 for the LATAM community on Youtube.
Bybit P2P block trading allows two parties to privately buy or sell larger amounts of digital assets on Bybit’s ultra user-friendly interface. Leveraging Bybit’s robust platform function and matching engine, the service spares users the need to place regular orders, reducing slippage risks and often comes with lower fees. Exclusive on Bybit P2P, eligible users may sign up for the event to qualify for one of the three prize pools on a first-come, first serve basis from now until Mar. 28, 2025:
- New Users Exclusive: First-time block traders may share in a 3,500 USDT prize pool. With a 175 USDT bonus for the lucky winners, the potential rewards spells an auspicious start of their block trading journey.
- For All Users: The first 35 users to execute a block trading order at at least 20,000 USDT will receive a 100 USDT bonus. Block merchants are not eligible for this perk.
- Block Merchants Exclusive: Another 150 USDT bonus is reserved for each of the first 20 block merchants who fulfil at least 50,000 USDT in trading volume.
“Stakes can be high in a dynamic market and a maturing P2P ecosystem, and Bybit is here to support our customers, no matter their ticket size. We want to craft a trading experience that is both rewarding and frictionless for our P2P traders,” said Joan Han, Sales and Marketing Director at Bybit.
Bybit offers an open marketplace ripe with earning opportunities and potential rewards for users holding diverse crypto assets. With competitive trading limits from 10,000 to 200,000 USDT in a single order, Bybit P2P Block Trade is a trusted avenue, effectively bridging a gap in the market for users leveling up their P2P trading strategies. Users may find out more about the entry requirements for Bybit P2P Block Trading, and stay tuned to Bybit’s official channels for details about the upcoming AMAs.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
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MANTRA Secures First VARA DeFi License, Paving the Way for Global Growth and Innovation in Financial Products