Bybit Strengthens Latin American Presence with Key Leadership Appointment in Brazil

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the appointment of Israel Buzaym as its Brazil Country Manager. This strategic hire highlights Bybit’s commitment to expanding its footprint in Latin America, particularly in Brazil, one of the region’s most vibrant crypto markets. Buzaym will lead efforts to grow Bybit’s brand through localized user acquisition, strategic partnerships, and the development of Web3 infrastructure, ensuring the platform meets the unique needs of the Brazilian market.

Bybit Taps Israel Buzaym to Lead Brazilian Market Expansion

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has appointed Israel Buzaym as its Brazil Country Manager. This strategic move underscores Bybit’s commitment to Latin America, targeting one of the region’s most dynamic crypto markets.

Buzaym will spearhead brand expansion through localized user acquisition, strategic partnerships, and Web3 infrastructure development. His mandate includes tailoring Bybit’s offerings to Brazilian users and supporting the nation’s digital transformation. "Brazil occupies a pivotal role in the global crypto ecosystem," Buzaym noted, aligning with Bybit’s vision for regional growth.

Bybit Launches ’Megadrop’ Platform Offering Free Crypto Through Savings Plans

Bybit has unveiled Megadrop, a novel platform enabling users to earn free cryptocurrency tokens by subscribing to Fixed-Term Savings plans. The feature requires no additional token purchases—participants simply allocate existing holdings of MNT, USDT, USDC, or BBSOL to qualify for airdrops.

The dual-reward mechanism combines traditional savings APR with token distributions, scaling benefits proportionally to subscription amounts. Bybit emphasizes the risk-free nature of participation, positioning Megadrop as an accessible gateway for both retail and institutional crypto holders seeking yield opportunities.