Comment by qingcharles
4 months ago
Can someone even explain what Bybit is actually about? I searched around when the hack was announced, but I'm very confused. Mostly what I saw said "scam" on it.
This isn't your run-of-the-mill Coinbase style exchange, right?
It's the second largest crypto exchange by volume globally, behind Binance. Specialized in derivatives but they have lots of regular retail products that you might find at Coinbase. Basically like a bigger version of Coinbase from Asia.
Also a major sponsor of Red bull Racing in Formula 1.