Bybit Set to Introduce Personal IBAN Retail Bank Accounts in February

Bybit announces its upcoming 'My Bank' accounts, offering personal IBANs and seamless fiat access, boosting user trading capabilities.

The cryptocurrency exchange Bybit has revealed plans to launch a new banking service called "My Bank" in February. This innovative offering will provide users with individual International Bank Account Numbers (IBANs), enabling them to enjoy instant access to fiat currencies.

In addition to personal IBANs, the accounts will facilitate multi-currency transfers and allow users to engage in crypto trading using their own names. These features aim to enhance the overall user experience on the Bybit platform, making it easier for individuals to manage both fiat and digital assets seamlessly.