Bybit, a leading crypto derivatives exchange, was established in March 2018 by its CEO, Ben Zhou. A graduate of the University of Pennsylvania, Zhou previously spent seven years at XM, one of China’s major forex brokerage firms. The company operates under Bybit Fintech Limited, registered in the British Virgin Islands, with its headquarters based in Dubai, UAE, under Bybit Fintech FZE.
Although Bybit caters to a global audience, it is restricted in several countries, including the United States, the United Kingdom, mainland China, Hong Kong, Singapore, Canada, North Korea, Iran, and Russian-controlled regions of Ukraine.