About Bybit

Bybit (https://www.bybit.com) is one of the world’s top three crypto exchanges by volume with over 25 million users.

Established in 2018, Bybit offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. MyBybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

Bybit, one of the world's top three crypto exchanges by volume, announced the launch of Bybit P2P Shield, a program designed to enhance user security and trust in its peer-to-peer (P2P) trading platform.

Bybit P2P Shield offers financial protection to eligible users who fall victim to fraudulent activities while conducting P2P transactions on the platform. Currently available to users in Malaysia, it will be expanded to users in more regions in the future.

Bybit is committed to providing a secure and reliable P2P trading environment for all users. We understand that recent incidents of fraud have caused some users to lose confidence in P2P trading.

Bybit P2P Shield is a significant step forward in mitigating these concerns and ensuring a safe and secure trading experience for everyone.

Building Trust and Confidence in P2P Trading

Bybit P2P Shield serves as a three-pronged approach to user protection:

· A Dose of Confidence: Bybit P2P Shield empowers users to trade with confidence, knowing they have a safety net in place via Bybit P2P Trading.

· A Bulwark Against Fraud: In the unfortunate event of fraud, Bybit P2P Shield offers compensation to help users mitigate their losses.

· Elevated P2P Experience: Bybit remains committed to continuously improving the platform and the overall user experience.

Enhancing Security While Encouraging Vigilance

Bybit P2P Shield provides financial protection to eligible users who encounter fraud while conducting P2P transactions on Bybit’s platform. While Bybit P2P Shield offers a robust layer of protection, Bybit continues to encourage all users to remain vigilant and exercise caution when conducting P2P transactions.