Bybit Breakthrough: Beyond Trades

A message from Ben Zhou, CEO of Bybit

Here’re some stats to consider.

Between 2012 and 2020, Bitcoin registered a meteoric rise of more than 193,639%. Ether, the second-largest crypto asset by market value, reached one million daily transactions in 2020. There are more than 5,000 altcoins in existence aside from Bitcoin as of today.

Whether you call it a techno tour de force or the financial disrupter, the crypto economy has transcended human imagination, so powerful and advantageous that we will soon look back and question just how we ever operated without them.

We, here at Bybit, are also making strides towards something bigger, brighter and more audacious.

Having served more than 2 million registered users worldwide, we want to break beyond trades to let you dive into the new financial services infrastructure in the best possible way, while growing the Bybit ecosystem in a solid fashion for years to come.

This year, Bybit will expand our products and services to interact with new frontiers. Traders, we hope you like what lies in store for you!

Derivatives Trading: All Your Favorite Pairs, in One Place

Derivatives trading remains the core of our DNA. Currently, you can trade bitcoin, ether, dogecoin, and more on Bybit across three contract types: USDT Perpetual, Inverse Perpetual and Inverse Futures Contracts. We expect to continue adding popular USDT trading pairs in the upcoming months, while rolling out options trading to help you capitalize on any observed market volatility.

Spot Trading: Simple Trades, Immediate Delivery

Bybit’s competitive market liquidity will allow you to buy and sell crypto assets “on the spot” at the best available rate — seamlessly.

ByFi Center: Cloud Mining, DeFi and More

Earning made easy — It’s time you do away with all the heavy lifting! Worry no more about operations, hardware maintenance, or resource management. Bybit’s DeFi Mining will join hands with the existing Cloud Mining product to help you stay ahead of the Curve and generate reliable yield out of your wallet balance.

Wallet 2.0: Something Hot Is Brewing

Insured hot wallet or industry-leading cold storage — the choice is now yours. Bybit expects to support hot wallet in the upcoming months so that you can complete withdrawals wherever you are with an Internet connection and maintain instant access to your crypto asset anywhere you go.

Bybit Learn: Learning Never Stops

At Bybit, we strive to be lifelong learners.

Calling out BTC baddies, ETH enthusiasts, and crypto champions — there may be challenges but we’re ready to tackle them head on. It’s a revolutionary adventure. We’ve only just begun. Are you ready?

May 2021 be the #YearofCrypto and let’s get started on this journey together.