Bybit, the globally renowned cryptocurrency exchange, secured the title of 'Centralized Crypto Exchange of the Year' at the GB Tech Web3 Awards hosted on October 30 at the Dubai World Trade Centre. The event, which gathered more than 120 industry leaders and organizations, aimed to acknowledge notable achievements within the Web3 ecosystem in the region.
Organized by Motivate Media Group and GB Tech, a subdivision under Gulf Business, in partnership with Arte by Crypto Oasis, the ceremony honored 15 winners across different categories for their contributions to the thriving crypto sector.
Recognized for its exceptional performance and commitment to advancing decentralized technologies, Bybit, boasting nearly 20 million users worldwide, received praise for its innovative products like TradeGPT, AI trading bots, and attractive passive income offerings through Bybit Earn.
Ben Zhou, co-founder and CEO of Bybit, expressed gratitude for the recognition, stating,
“The GB Tech Web3 Awards are a testament to the incredible progress and innovation that’s taking place in the crypto industry, and we are deeply honored to be recognized amongst such a prestigious group of industry leaders. This award is a reflection of our team’s hard work, dedication, and belief in the transformative power of blockchain technology. We remain committed to advancing the industry and providing our users with exceptional service and opportunities in the crypto space.”
The judging panel comprised esteemed industry professionals and members of the Gulf Business editorial team, ensuring a thorough and impartial evaluation of all nominees.
ByBit is the world’s third-most visited cryptocurrency exchange. Launched in 2018, the platform has gained recognition in the crypto sphere for offering a user-friendly interface and a range of trading tools catered to both beginners and experienced traders. You can read more about their features in our ByBit review.