The management team of per bit, a leading cryptocurrency exchange, recently visited Vietnam to explore the potential for crypto adoption in the region. The team held meetings with affiliates, startups and customers to better understand the market and develop strategies to provide better products and services to Vietnamese Bybit users.
Vietnam’s Emergence in Global Crypto Adoption
Vietnam has the highest crypto adoption rate in the world and is experiencing rapid growth in blockchain dApps and games. Bybit’s total trading volume in Vietnam tripled in 2022.
Bybit’s investment in Vietnam’s crypto ecosystem
To support its growing user base in Vietnam, Bybit announced reliable and secure fiat on-ramps for the Vietnamese dong with no fees on P2P transactions. Vietnam’s ever-growing crypto user base can take advantage of all the digital asset opportunities Bybit has to offer, from ICO organizations such as the token launch pad to AI-based trading robots.
To ensure that its products and services meet the needs of local customers, Bybit has a dedicated customer service team to handle customer inquiries in Vietnam. Additionally, the platform does not neglect to attend blockchain conferences and other crypto-related events in Vietnam, as well as hold exclusive contests and giveaways on Telegram and Facebook. The company also plans to expand its investments in other social media channels.
“Recent data has shown that Vietnam has become a major player in the global crypto adoption scene,” said Ben Zhou, CEO of Bybit. “Bybit’s focus in Vietnam is more forward looking, less obsessed with numbers and goes beyond market share. We want to be part of Vietnam’s vibrant crypto culture and build the platform of choice as more and more people diversify into digital assets.
Ben Zhou also expressed his inspiration from the exciting ecosystem of crypto start-ups in Vietnam. By listening carefully to the preferences of Vietnamese users, the company has created products that meet the specific needs of this market. By partnering with Bybit, Vietnamese crypto players can leverage the company’s cutting-edge business to achieve greater success in this market. As Vietnam has the highest crypto adoption rate in the world, Bybit’s investment in the country’s crypto ecosystem and dedication to serving local customers can help the platform become the preferred choice for digital asset opportunities.
Edward is a finance expert who experienced the 2007 stock market crash first hand. In 2010 he discovered Bitcoin and has been a cryptocurrency advocate ever since.