Bybit Launches in Georgia

The main crypt exchange Bybit has further expanded in Europe and officially launched a platform for users in Georgia.

According to to a press release, Bybitgeorgia.GE It is now the only company of its kind that operates in Georgia with a full local license. It allows it to offer users trading with digital assets.

More precisely, users in this country now have access to trading, asset conversions and over -the -counter (OTC) for high volume transactions, says the stock exchange.

In addition, it plans to introduce more localized features. This includes Fiat deposit, collection services and a rotation card. This will allow holders to spend crypto in daily transactions.

Iasagashvilli, a country manager of Bybity Georgia, said that a milestone is a step in a “wider mission on the stock exchange to expand access to digital assets around the world”, “to support the dynamic digital economy of Georgian and contribute to global growth of the community”.

In particular, the start of the Georgian branch comes several days after Byit triggered his Bybit.euPlatform exclusively devoted to users in the European Economic Area (EHE).

The exchange said it will open new regional offices throughout France, Germany, Spain and Italy. This is also the current offices in Vienna (Bybit i gmbH) and Amsterdam (Satos bv).

She also welcomed Ambroise Helaine as the head of the country by Bawbit France Country Manager.

For Twitter announcements, Helaine aims to “create a company in Europe Crypto App”.

Georgia is not a member of the EU. At the end of 2023, European Commission He awarded Georgia the status of the candidate.

‘Starting a campaign of a campaign of up to 20,000 USDT’

Bybit Georgia says he will celebrate a milestone with a limited time campaign. It will take a month, from July 7 to August 7th. According to the team, new users have a chance to earn up to 65 USDT In rewards for storing and trading after registration and complete identity verification.

In addition, users can combine these rewards with standard new user welcome gifts up to 50 USDT, says the team. This brings “the overall potential bonus for new users at $ 115,” he says.

This means that the total campaign fund is up to 20,000 USDT. The stock exchange will distribute funds based on what is the first, first operated, within ten working days after the end of promotion.

Also, Georgian users can earn AirDrops and business fees for friends’ links to a new platform.

“Rewards include 10 USDT for deposits at least $ 100 within seven days, up to a mysterious box of up to $ 1,000 for higher trading volumes and commission rates from 20% to 30% based on the number of recommendations,” the press release says.

Meanwhile at the end of May this year, ByBite announced that it has received a Micar license from Austria The Office on the Financial Market (FMA). This allowed him to offer regulated crypto services in 29 EHE countries and address approximately 450 million users based in Vienna.

On the other side, bybit along with Bitgethe was preparing for Scale Back Operations in Singaporefor June news. This followed an order from Singapore monetary authority (Meat) This threatened the ability of societies to serve abroad.

Contribution Byit is running in Georgia He appeared for the first time Cryptonews.

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