April 30, 2024

Bybit Crypto Exchange Expands Its Derivatives And Spot Line

Bybit Crypto Exchange Expands Its Derivatives And Spot Line

Popular coins AXS, XLM, TRX, THETA and COMP are now available for trading with USDT margin on Bybit derivatives exchange. 

On September 1, five new trading pairs were addeda portfolio of 20 perpetual contracts on the most popular cryptocurrencies. Line contracts with USDT margin allow traders to use the Tether stablecoin as collateral, making them more resilient to price fluctuations and liquidation risks. 

Leverage from 1x to 25x is available for newly added coins.

The list of trading pairs on the Bybit spot platform has also expanded. In late AugustDOT / USDT, DOGE / USDT, LTC / USDT have been added.The entire spot portfolio is supported both on the desktop version and in the mobile application. At the same time, for the purchase and sale of cryptoassets on the exchange, a zero maker commission and a taker commission of 0.1% are set.

At the moment there are already more than 2.5 million on the platformusers all over the world. Bybit occupies a leading position in the speed of contract execution (order matching - 100,000 transactions per second). In addition to spot and derivatives, the company launched its own Ethereum (ETH) cloud mining and DeFi mining services.

</p>