Crypto derivative giant Bybit ventures into the spot trading
Crypto derivative giant Bybit ventures into the spot trading
- The customer-oriented platform from Bybit includes crypto-spot trade to supplement its main offer on derivatives.
- Bybit was the most user-friendly, most stable and reliable replacement of the crypto bull run, which ran without overload or downtime.
Bybit, one of the largest cryptocurrency exchanges only for derivatives, has expanded its services to the crypto-spot trade market. The company started a new spot trading platform with zero maker fees, which was opened on July 15 at 6:00 a.m. UTC. First, the platform will have four trading pairs, namely; Btcusdt, Ethusdt, Xrpusdt and Eosusdt. According to the company's announcement, further trading pairs will be recorded shortly.
essentially enables spot trade, just like the name, the trade with crypto-assets "on site". As soon as an order is carried out, trading takes place to the current market course. In addition, ownership of crypto assets is transferred directly between seller and buyer.
Bybit is estimated as a base of support for new dealers. The company's new crypto-spot trade is a "complementary vector for derivative retailers who operate security strategies".
15. July 2021-Bybit, previously the world's largest cryptocurrency exchange for derivatives, has announced its expansion to the crypto-spot trade market. After the start, Btcusdt, Ethusdt, Xrpusdt and Eosusdt are supported.
-Wu-Blockchain (@wublockchain) 15. July 2021
Bybit reliability and liquidity of the top class
The company based in Singapore is proud to be the most user-friendly, most stable and reliable stock exchange of the crypto bull run. During this time, the platform managed to carry out all activities without overload or downtime.
also with Liquidity because it is the essential element of the asset exchange, bybit has made its permanent presence to ensure. The stock exchange offers great liquidity and a tight spread.
It is noteworthy that Bybit aims to lower the entrance threshold of the crypto trade market. Through retail-oriented products and customer support services, Bybit becomes a paradise for beginners in crypto trading. Such services also ensure the immediate delivery of crypto trades, which is the holy grail of every dealer.
Ben Zhou, co-founder and CEO by Bybit, said:
It was Bybits the greatest privilege to enjoy the passionate support of our community and our partners while we continue to grow and improve. We look forward to taking the first-class liquidity and reliability derivatives that connect customers with Bybit.
Bybit was founded in March 2018 and was developed as a professional platform to serve crypto dealers in various aspects. This includes the offer of fast-moving engines, first-class customer service and also multilingual community support. The company is registered on the British virgin islands and has branches in Singapore, Hong Kong and Taiwan. While the stock market's customers are mainly Asian, it has expanded users all over the world. The BYBIT user base has grown to over 2 million registered users and over 300 functions in the most important media companies. In particular, the company recorded an increase in its derivative volume by 18 percent to $ 133 billion. His partnership with Unicef New Zealand also promoted worldwide recognition for charitable purposes. In addition to intuitive and innovative online trade services, the company offers cloud mining products. API support is also planned for institutional and private customers worldwide. on the downside
Source: Crypto-news-flash.com
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