Bybit Crypto Exchange Soars

<h4>Bybit Crypto Exchange Soars as it wins award<&sol;h4>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> reports that Bybit&comma; one of the fastest growing cryptocurrency exchanges&comma; with more than 2 million registered users has won the Best Crypto Exchange Award at Crypto Expo Dubai &lpar;CED&rpar; 2022 on Thursday&period;<br &sol;>&NewLine;A statement made available to OpenLife by African Media Agency stated that aside being the third most visited exchange in terms of web traffic&comma; Bybit has more than doubled its user base since it last participated in CED six months ago&period;<br &sol;>&NewLine;The award is testimony to Bybit’s meteoric rise from a niche but formidable derivatives trading platform in 2018 to a fully fledged exchange for all crypto traders — all 6 million of them — of varying risk appetites and skill levels&period; Backed by its powerful matching engine and robust infrastructure&comma; the platform sailed through the high seas of crypto’s historic trading frenzy in May 2021 unscathed with an up rate of 99&period;9&percnt;&period;<br &sol;>&NewLine;Bybit joined hundreds of speakers&comma; founders and crypto fans at <a href&equals;"https&colon;&sol;&sol;www&period;vanguardngr&period;com&sol;">CED 2022<&sol;a> connected by a colorful vision for the future of blockchain technology&period;<br &sol;>&NewLine;&OpenCurlyDoubleQuote;The original promise of the internet was to create a level playing field for all&comma;” and somehow web 2&period;0 was led astray from that vision&comma; said Igneus Terrenus&comma; head of communications at Bybit&period; &OpenCurlyDoubleQuote;What web3 and the metaverse could do is to give power back to the individual&comma;” he shared at a panel on what the future holds for crypto after the metaverse&period;<br &sol;>&NewLine;According to him&comma; blockchain could also help us save the world from an impending climate disaster&period; Existing carbon credit models have a greenwashing problem&comma; and distributed ledger technology could plug the loopholes&period;<br &sol;>&NewLine;&OpenCurlyDoubleQuote;This is where blockchain can come in to monitor and assess real progress in carbon reduction and carbon capture&period; And NFTs are about ownership and bragging rights as much as they are tradable assets and financial instruments&period; These technologies can play a role in addressing the biggest problems of our generation&period; And if we don’t&comma; we are kicking the can down the road at our own peril&comma;” said Igneus Terrenus&period;<br &sol;>&NewLine;Bybit also recreated part of its NFT universe in physical form at CED 2022&comma; showcasing interactive metaverse creations&comma; select artists and projects from the Bybit NFT Marketplace&period;<br &sol;>&NewLine;Crypto Expo Dubai 2022 drew to a successful close on March 17 after an action-packed two days featuring blockchain projects and crypto units from around the world&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;