Bybit adds crypto options trading as part of expansion plans

Bybit adds crypto options trading as part of expansion plans

The function enables users to speculate on future prices of cryptos and settle their trades using USDC. Singapore-based crypto exchange Bybit has recently announced its service expansion into crypto options trading, allowing users to trade USD Coin (USDC) options and perpetuals. The Bybit media team told Cointelegraph that this decision to add options to the product line was in response to its community’s demands. Bybit noted that investors want to trade options because it can “serve as a hedge against existing risks and provide greater market exposure.” It also gives traders a way to....


Related News

Bybit expands spot USDC trading pairs as support for stablecoins grows

The crypto derivatives exchange has partnered with Circle to expand its suite of USDC offerings; traders will also have access to auto conversions between the stablecoin and U.S. dollars. Crypto derivatives exchange Bybit has partnered with stablecoin issuer Circle Internet Financial to expand its suite of spot trading pairs denominated in USD Coin (USDC) — a move the company says will increase retail and institutional access to USDC-settled products. Under the partnership agreement, Bybit will expand its USDC spot pairs to include several additional cryptocurrencies and make auto....

Bybit Extends Its Reach With Spot Trade Offering

Adding to the exchange platform’s existing cryptocurrency derivatives products, Bybit will now offer spot cryptocurrency trading in four pairs, with additional pairs set to be rolled out in the near future. Bybit Adds Spot Trading The recent weakness in crypto prices and transaction volumes hasn’t stopped the industry’s exchanges from competing for order flow. Despite the lull, platforms are continuing to roll out new features and products as innovation abounds. The latest to introduce new offerings is Bybit, which has opened up trading in spot pairs. The derivatives....

ByBit: Exciting Welcome Rewards of up to $20 BTC Await

Looking to kick start a crypto journey? It’s never too late to sign up for a Bybit account to join a global community of traders. Not only does ByBit offer beginner-friendly products and services, but a person can also earn up to $20 worth of BTC when they register and complete tasks on Bybit. Bybit Evergreen Campaign Sounds like a good deal? No doubt it is. Here’s the steps to follow: Step 1: Register for an account on Bybit Step 2: Verify identity via KYC Level 1 Step 3: Make a first-time deposit or trade....

Bybit enters into settlement agreement with Ontario Securities Commission

Bybit is currently holding listing discussions with the provincial regulator, and if the process fails, the firm will cease operations in Ontario. Bybit announced that it reached a settlement agreement with the Ontario Securities Commission (OSC) on Thursday, a day after the OSC released a Statement of Allegations against the crypto asset trading platform. The agreement includes several measures to be taken by Bybit as it engages in registration talks with the Canadian regulator. This announcement comes after the OSC issued financial penalties against Bybit and KuCoin, claiming violation....

Crypto Derivatives Exchange Bybit to Introduce Stringent KYC Policy

The British Virgin Islands-based Bybit Fintech Limited has announced the cryptocurrency derivatives exchange is introducing an updated know-your-customer (KYC) policy on July 12. Bybit notes that it already had certain KYC requirements implemented, but the new system reform is meant to “improve security compliance for all traders.” Bybit Says Companies and Individual Clients Mandated to Complete Systematic KYC Policy by July 12 The cryptocurrency derivatives exchange Bybit plans to introduce a systematic KYC element to the platform by July 12. The exchange is letting customers....