Bybit leaves the French market. Transfer your assets to one of the oldest cryptocurrency exchanges.
Earlier this week, Bybit announced its withdrawal from France.
We are proud to expand our business in France and across Europe and remain committed to complying with regulatory requirements. As one of the oldest cryptocurrency exchanges, we have built a strong foundation in Europe and, as the leader in euro trading volume in Europe, we continue to prioritize the security and trust of our customers. For Bybit users who want a smooth and safe transition, we are here to help.
Founded 13 years ago with the clear belief that trust is essential for cryptocurrency success, Kraken has always prioritized security, reliability, and client service. From pioneering the reserves certification process in 2014 to conducting regular audits, we have continually set industry standards to ensure our clients’ holdings are fully backed. Our long track record of transparency, leadership, and security distinguishes us as a trusted partner in the cryptocurrency space.
Over the past two years, we have accelerated our expansion in Europe ahead of the Regulated Market for Crypto Assets (MiCA). Kraken now offers Virtual Asset Service Provider (VASP) services directly or through partnerships in Germany,* Spain, Italy, Netherlands, Belgium,** Ireland, France, and Poland.
Kraken is well positioned to provide customers with a safe harbor during uncertain times by leveraging its global scale and best-in-class product line.
How to deposit cryptocurrency into your Kraken or Kraken Pro account:
- Log in to your Kraken account and go to Portfolio.
- Click the Deposit button.
- Search for the cryptocurrency you want to deposit and click on it.
- Click the copy icon and paste the address (and details if necessary) into your remittance wallet.
- Once your transaction is sent, your deposit will be credited after required verifications have been met.
Want more information about transferring your assets to Kraken? If you’re having trouble, check out our support page or contact our support team via our 24/7 support chat.
* Provided by DLT Finance, a brand of DLT Securities GmbH and DLT Custody GmbH. Both companies are supervised by BaFin.
** Kraken provides its services in Belgium through a virtual asset service provider registered in Ireland.
These materials are provided for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptocurrency or to engage in any particular trading strategy. Kraken does not and will not seek to increase or decrease the price of any particular cryptocurrency it offers. Some cryptocurrency products and markets are regulated, while others are not. Nonetheless, Kraken may or may not be required to register or obtain approval to offer certain products and services in each market, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptocurrency market may result in loss of funds. Taxes may be levied on the appreciation and/or reporting of your cryptocurrency assets and you should seek independent advice regarding your tax position. Geographic restrictions may apply. Please check the legal disclosures for each jurisdiction. here.
