Bybit

Bybit Contributes $134 Million to BitDAO to Support DeFi Growth

Singapore-based crypto exchange, Bybit, has recently contributed a whopping $134 million worth of ETH, USDT, and USDC to BitDAO’s treasury. Supporting dApp Builders The exchange describes BitDAO as one of the largest decentralized autonomous organizations (DAOs) in the industry. It aims to support dApp builders and lower the entry barriers into the decentralized economy. BitDAO...
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Cryptocurrency Exchange Bybit Launches NFT Marketplace

The popular cryptocurrency exchange Bybit has launched its non-fungible token marketplace, a platform that will give users access to the world of NFTs, GameFi, and the metaverse. Connecting Digital Artists and Collectors The exchange said in an announcement shared with CryptoPotato that the new platform is a one-stop shop that aims to connect digital artists...
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Bybit Partners With Russia’s Most Decorated eSports Club                         

Singapore-based cryptocurrency exchange, Bybit, has increased its foray into the esports space by entering into a three-year partnership with Russia’s most prestigious esports club, Virtus.pro (VP). Bybit Becomes VP’s Official Partner According to a Wednesday press release shared with CryptoPotato, Bybit is now Virtus.Pro’s NFT Partner and exclusive Official Cryptocurrency Platform Partner, backing its formidable...
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Crypto Exchange Bybit Partners With Leading eSports Organization NAVI

The popular crypto trading platform, Bybit, has revealed that it has entered into a multi-year partnership with the Ukrainian esports organization, Natus Vincere (NAVI). Bybit Collaborates With NAVI According to a press release shared with CryptoPotato on Wednesday, the new partnership marks Bybit’s entrance into the esports space and will open up various opportunities for...
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Spain’s Regulator Warns Huobi and Bybit for Operating Without Proper Licensing

Cryptocurrency trading platforms continue to receive scrutiny from global regulators as Spain’s National Securities Market Commission (CNMV) has warned two of the largest digital asset exchanges – Huobi and Bybit. According to the statement from the authorities sent to 12 companies operating in Spain, including Huobi and Bybit, they have failed to register to provide...
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Derivatives Exchange Bybit To Launch Spot Trading for Major Cryptocurrencies

More than three years after its launch, the popular derivatives exchange has decided to enter the cryptocurrency spot market as well. The trading venue will release such services on July 15th to all customers with zero maker fees. Bybit Enters the Spot Crypto Space Established in early 2018, Bybit is a derivatives exchange offering traders...
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Bybit to Cease Services for UK Citizens Following the FCA Ban on Crypto Derivatives Trading

The first consequences from the FCA ban on crypto derivatives trading in the UK are evident for the popular digital asset exchange Bybit. The company announced earlier that it will suspend its services to all customers based in the United Kingdom.  Established in 2018, Bybit is a cryptocurrency exchange headquartered in Singapore with a reported...
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Bybit Exchange Adds Fiat Integration, Enabling Faster Trading

Derivatives exchange Bybit has introduced a fiat onramp, enabling users on the platform to buy cryptocurrency using traditional payment methods. It is the latest upgrade to the Singapore-based exchange, which celebrated its two-year anniversary this past March. A Major Milestone on the Roadmap By adding fiat integration, Bybit brings itself level with competitors like OKEx...
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Crypto Trading Academy: What Is Open Interest In Bitcoin Futures And How Traders Use It?

Bitcoin futures contracts allow traders to speculate on the price of Bitcoin without necessarily have to own it. They are a derivative product that gained serious popularity in the past years. Traders are always looking for information that would give them an edge in the market. Arguably, the most valuable data is that which offers...
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Tether’s Dominance Solidified as more Exchanges Launch Bitcoin USDT Futures Contracts

In brief: In the last week, two prominent crypto exchanges have launched Bitcoin USDT perpetual contracts. They include Bybit and KuMex (KuCoin’s derivatives platform.) Tether (USDT) is ranked 4th according to market cap.  Its website states the company has $6.229 Billion in assets.  Trading of Bitcoin futures contracts has become more popular as crypto traders...
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Bybit CEO Ben Zhou on Crypto Derivatives and Market Predictions for 2020

12 months ago, crypto derivatives platform Bybit officially launched. The Singapore exchange, which also has offices in Hong Kong and Taiwan, has enjoyed a fruitful first year, attracting users from North America, Europe, Russia and Asia. With products including BTC, ETH, XRP and EOS perpetual contracts, and a matching engine capable of handling 100,000 tps,...
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