BYBIT Dutch Week: An Exciting Blend of Crypto and Formula 1 in the Netherlands
As a Dutchman with a passion for cryptocurrency, the week of August 19 was particularly exciting with two major crypto events in my home country: the opening of Bybit’s new office in Amsterdam and attending the Formula 1 event in Zandvoort as a VIP, where Bybit is the main sponsor of Red Bull Racing, the team of fellow Dutchman Max Verstappen.
Oxido Solutions is proud to be one of Bybit’s top 30 key partners in the Netherlands. Through our crypto trading bot solution on Bybit’s platform, we offer professional and institutional clients the opportunity to generate passive income using their preferred collateral. Our trading bots, which operate based on Bitcoin and Ethereum Perpetual Futures, allow users to earn more stablecoins, Bitcoin, Ethereum, and even fiat currency regardless of market conditions. Our bots are designed to capture strong market trends in both directions, classifying our solution as a trend-following scalping tool.
Oxido Solutions’ Bybit bots have been active since 2022, and we’ve closely followed the platform’s growth. Founded by Ben Zhou, Bybit has become a top 3 exchange, claiming to serve over 40 million users globally. As part of its European expansion, Bybit opened a new office in Amsterdam to solidify its presence in the Dutch market and offer tailored services for local users. The office opening event was timed perfectly with the Formula 1 Heineken Dutch Grand Prix, where attendees had the chance to meet Red Bull team principal Christian Horner and even snap a few photos. My business partner, Jarno de Vries, a big Formula 1 fan, was thrilled to be part of the experience.
That weekend, representing Oxido Solutions, I attended the Formula 1 race in Zandvoort. Along with watching the race, I had the opportunity to meet other top Bybit traders in the Red Bull Paddock. Traders flew in from all around the world, and we exchanged thoughts on the current state of the crypto market over lobster, champagne, and other high-end refreshments.
From our discussions, it was clear that many traders are finding the choppy market conditions, especially since Bitcoin’s all-time high in March, to be challenging. However, thanks to solid risk management strategies, most have weathered the storm relatively well. Everyone is eagerly waiting for a breakout, whether up or down, and there’s a general sense of optimism about future returns, partly due to the launch of Bitcoin ETFs, which are adding more legitimacy to the crypto space.
Overall, it was an incredible few days centered around Bybit, and I capped it off with a wonderful holiday in Mallorca.
