Bybit, the world’s second-largest cryptocurrency exchange, has initiated a soft launch of its Netherlands office in Amsterdam under the name Bybit Powered by SATOS.

This move marks Bybit’s expansion into the Dutch market in collaboration with SATOS, a licensed Virtual Asset Service Provider accredited by De Nederlandsche Bank.

The office aims to cater to the increasing demand for secure crypto trading platforms in the Netherlands, offering seamless Euro deposits and withdrawals, extensive trading options with over 300 pairs, and robust security measures.

Beyond serving as an operational base, the Amsterdam office will also function as a collaborative hub for the local crypto community, hosting educational workshops and fostering innovation.

Bybit plans an official grand opening ceremony in August to solidify its commitment to the Dutch market and regulatory compliance.