- The CEO and co-founder of Bybit Ben Zhou recently sat down in a new interview.
- Zhou talked on several things including how he got into the crypto space and what got him to start up Bybit.
- We’ll spread out the highlights over two articles.
There’s quite a bit to cover so we’ll spread out the highlights over two articles but if you want to read the full interview click here.
When asked why he decided to start Bybit, Zhou said:
“Bybit’s genesis stemmed from how I perceived the crypto space in 2016/2017 — an intriguing, fast-growing scene, with boundless potential and possibilities! However, I did observe many glaring inefficiencies in the way crypto exchanges operate. Honestly, I saw so many gaps in the market and truly felt that traders deserved better than what they were getting at the time.”
“When my co-founders and I started Bybit in early 2018, our mission was to develop a streamlined trading environment for all traders whilst ensuring an overall better trading experience. The first problem I wanted to tackle was order execution or matching as there were far too many order rejections or overloads. When these exist, the clients’ basic trading needs are not fulfilled. We made it our priority to ensure that we had 99.99% platform availability and no overloads.”
CryptoSlate also aksed Zhou how he got involved in the crypto spce to which he said:
“I ran a forex brokerage for eight years before founding Bybit. My time there helped me develop a deeper insight into what traders expect from a trading platform. It was sometime in mid-2016, that I really started to take a keen interest in the budding and vibrant crypto scene. It was the limitless potential of the technology and the numerous possibilities for development and growth within the crypto space that truly caught my attention.”
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