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Home»Bitcoin»Bybit leaves the French market. Transfer your assets to one of the oldest crypto exchanges.
Bitcoin

Bybit leaves the French market. Transfer your assets to one of the oldest crypto exchanges.

December 20, 2024No Comments3 Mins Read
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Earlier this week, Bybit announced its exit from France.

We are proud to expand in France and across Europe, fully committed to operating in compliance with regulatory requirements. As one of the oldest cryptocurrency exchanges, we have built a strong foundation in Europe, where we lead in Euro trading volumes and continue to prioritize the security and trust of our customers. customers. For Bybit users looking for a smooth and secure transition, we’re here to help.

Founded over 13 years ago with the clear belief that trust is essential to crypto development, Kraken has always prioritized security, reliability and customer service. We have consistently set standards for the industry, from launching the Proof of Reserves process in 2014 to carrying out regular audits, ensuring client holdings are fully collateralized. Our long track record of transparency, leadership, and security sets us apart as a trusted crypto partner.

Over the past two years, we have accelerated our expansion in Europe in anticipation of Markets in Crypto Assets (MiCA) regulation. Kraken now offers Virtual Asset Service Provider (VASP) services directly or through partnerships in Germany*, Spain, Italy, the Netherlands, Belgium**, Ireland, France and Poland.

Kraken is well-positioned to provide our customers with a safe harbor in uncertain times by leveraging our global scale and best-in-class product portfolio.

How to deposit cryptocurrencies into your Kraken or Kraken Pro account:

  1. Log in to your Kraken account and navigate to Portfolio.
  2. Click on the deposit button.
  3. Find the cryptocurrency you want to deposit and click on it.
  4. Click the copy icon and paste the address (and details, if necessary) into your sending wallet.
  5. Once the transaction is sent, your deposit will be credited once the required confirmations are completed.

Want more information on how to transfer assets to Kraken? Visit our support page or contact our support team if you have any issues via our 24/7 support chat.

* Powered by DLT Finance, a brand of DLT Securities GmbH and DLT Custody GmbH. Both companies are supervised by BaFin.

**Kraken offers services in Belgium through its Irish-registered virtual asset service provider.

These materials are intended for general information purposes only and do not constitute investment advice or a recommendation or solicitation to buy, sell, stake or hold any crypto-asset or to engage in any trading strategy. specific trading. Kraken does not and will not endeavor to increase or decrease the price of any particular cryptoasset it makes available. Some crypto products and markets are regulated and others are not; In any event, Kraken may or may not be required to be registered or otherwise authorized to provide specific products and services in each market, and you may not be protected by government compensation programs and/or regulatory protections. The unpredictable nature of crypto-asset markets can result in losses of funds. Tax may be payable on any returns and/or increases in the value of your cryptoassets and you should seek independent advice on your tax situation. Geographic restrictions may apply. See legal notices for each jurisdiction here.



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