Introducing Bybit Fiat Gateway: Buy crypto with ease and start trading, all in a few clicks of a button.
Bybit is thrilled to announce that the USDT Perpetual Contract is now officially live! Here, we’d like to share some of the key improvements that have been made from the beta version.
As you’ll notice, BTC finally broke the $10,500 resistance on July 27. Since then, the price continued to skyrocket and set an annual high of $12,000 on August 2. This resulted in high trading price premiums and thus high funding rates. On August 2, Bybit’s BTCUSD contract funding rate peaked to 0.1171%.