Backstage with Ben, Episode 34 ICYMI: Global launches, Web3 innovation & new records at WSOT 2025
Bybit continues its global growth streak in 2025 with a wave of major announcements. Episode 34 of Backstage with Ben highlighted Bybit’s return to India, its MiCA-licensed European launch, expanded MENTAL token utility, product upgrades for traders and institutions, and a Guinness World Records®–breaking WSOT. Whether you missed the livestream or just want the highlights, here’s everything you need to know.
Key Takeaways:
Bybit is fully back in India with the complete suite of trading products and services.
Bybit EU operates under the MiCA license, introducing the Bybit Card with up to 20 % cashback.
MENTAL token integration offers stacked trading-fee discounts and VIP boost multipliers.
New tools include dynamic margin, home-screen widgets, unified withdrawals, and upgraded P2P security.
WSOT 2025 set a Guinness World Record for the largest online trading competition in history.
Bybit returns to India and expands in Europe
After two years, Bybit has officially resumed operations in India. The App and website are now live again, offering Indian users full access to Spot, Derivatives, and Web3 features.
In Europe, Bybit has become one of the few exchanges to secure a full MiCA license, allowing seamless trading under EU regulations.
The new Bybit Card lets users earn up to 20% cashback on purchases, and supports Apple Pay and Google Pay. European clients can even subscribe to ChatGPT, Netflix, or TradingView directly through their card.
Bybit boosts MENTAL token integration and VIP rewards
Bybit announced full platform support for the MENTAL token, evolving from its earlier BitDAO initiative. Traders who use MENTAL to pay fees now receive up to 25% off on spot and derivatives markets.
The token also powers a VIP boost program — for example, $1,000 in MENTAL counts as $1,500 in VIP value for non-VIPs (1.5x multiplier). The more you hold, the faster you climb tiers. Institutions can access higher leverage, longer loan terms, and OTC deals by holding MENTAL.
Product updates for traders and institutions
Recent upgrades focus on flexibility and ease of use.
Dynamic margin calculation: Liquidation now uses market price instead of entry price, thus reducing risk and improving capital efficiency.
Bybit widgets: Monitor prices and positions directly from your home screen on both iOS and Android.
Unified withdrawals: Withdraw funds from any account without manual transfers between UTA, Funding, or Earn wallets.
P2P enhancements: Passkey security, full merchant profiles, and direct order cancellation for sellers make transactions smoother and safer.
These long-requested features streamline everyday trading, while improving security for both retail and institutional users.
Web3 innovation and TradeGPT upgrades
TradeGPT and Lens have merged into a single AI dashboard that analyzes tokens, tracks social sentiment and stores 30 days of chat memory. The new DeepThink mode offers richer responses for in-depth analysis.
Bybit Web3 has also gone live, allowing users to buy and sell on-chain assets like SOL and USDC directly from their Unified Trading Account — no external wallet setup required. In addition, an on-chain Earn feature will soon let users stake tokens within the Bybit Web3 hub.
VIPs can now own both Visa and Mastercard Bybit Cards in order to double spending limits and program benefits.
WSOT 2025 breaks records and connects the community
This year’s World Series of Trading (WSOT) was Bybit’s largest ever, earning a Guinness World Record within 24 hours for the most participants in an online trading competition.
Participation increased six times compared to 2024, while total trading volume doubled and VIP entries tripled. The top squad secured nearly $500,000 in rewards.
Beyond WSOT, Bybit hosted the Crypto Content Creator Campus (CCCC) Lisbon, bringing together global influencers to share strategies on building audiences and monetizing crypto content. Next month’s VIP Gala in Vietnam will celebrate top traders via exclusive workshops and events.
For Bybit Card holders, the Tomorrowland São Paulo Festival partnership unlocks presale discounts, limited-edition card designs and cashback on merch.
Regional growth and what’s next
Bybit continues to strengthen its regulatory presence across Asia. Vietnam has introduced a five-year sandbox regime for digital asset exchanges, and Bybit is actively engaged with banks and regulators to support its implementation.
The team is also exploring new stock pair listings for TradFi users and additional licensing across the region. Bybit remains focused on delivering more user-centric features and building an inclusive global trading ecosystem.
#LearnWithBybit