{"id":16330,"date":"2021-07-15T10:00:00","date_gmt":"2021-07-15T10:00:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/07\/15\/crypto-derivatives-leader-bybit-enters-spot-trading\/"},"modified":"2021-07-15T10:00:00","modified_gmt":"2021-07-15T10:00:00","slug":"crypto-derivatives-leader-bybit-enters-spot-trading","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/07\/15\/crypto-derivatives-leader-bybit-enters-spot-trading\/","title":{"rendered":"Crypto Derivatives Leader Bybit Enters Spot Trading"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\"><!--<a class=\"format-txt\" href=\"{baseURL}\/View\/{release.id}?_download=1\">View this article in .txt format<\/a>--><\/p>\n<p>SINGAPORE &#8211;\u00a0<a href=\"https:\/\/www.media-outreach.com\/\">Media OutReach<\/a>\u00a0&#8211;\u00a015 July&#13;<br \/>\n2021\u00a0&#8211; Bybit, hitherto the world&#8217;s largest derivatives-only cryptocurrency&#13;<br \/>\nexchange, has announced its expansion into the crypto spot trading market.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p><b>Bybit&#13;<br \/>\nMakes Audacious Stride Into Spotlight<\/b><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Bybit&#8217;s new\u00a0<a href=\"https:\/\/www.bybit.com\/trade\/spot\/\">spot trading platform<\/a>&#13;<br \/>\nopens to all on July 15 at 6AM UTC, and comes with zero maker fees. Upon&#13;<br \/>\nlaunch, BTCUSDT, ETHUSDT, XRPUSDT and EOSUSDT will be supported. More trading&#13;<br \/>\npairs will follow shortly. <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>A spot trade allows traders to buy and&#13;<br \/>\nsell the crypto asset &#8220;on the spot&#8221; and at the current market rate once an&#13;<br \/>\norder is filled. In the spot market, ownerships of crypto assets are&#13;<br \/>\ntransferred directly between buyers and sellers. Crypto spot is not only a&#13;<br \/>\nfoundational starting point for new market entrants, but a complementary vector&#13;<br \/>\nfor derivatives traders engaging in hedging strategies. <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p><b>Bringing&#13;<br \/>\nWorld Class Liquidity and Reliability to Spot Trading<\/b><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Bybit has proven itself to be the most&#13;<br \/>\nreliable, stable and usable exchange of the bull run. Unique among major&#13;<br \/>\nexchanges, Bybit experienced no overload nor downtime throughout. <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Liquidity is arguably the be-all and&#13;<br \/>\nend-all attribute for asset exchanges. Bybit&#8217;s derivatives trading platform has&#13;<br \/>\nthe world&#8217;s<a href=\"https:\/\/analytics.skew.com\/dashboard\/liquidity\"> <\/a><a href=\"https:\/\/analytics.skew.com\/dashboard\/liquidity\">best&#13;<br \/>\nliquidity and tightest spread<\/a>. Traders are ensured&#13;<br \/>\nthe best quote and best execution in the market even during extreme volatility.&#13;\n<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Bybit&#8217;s retail focused products and&#13;<br \/>\ncustomer support focused services will help lower the entry threshold to crypto&#13;<br \/>\ntrading to a whole host of new customers around the world, allowing them to&#13;<br \/>\nseamlessly enjoy the immediate delivery of crypto trades.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;It has been Bybit&#8217;s utmost privilege to&#13;<br \/>\nhave enjoyed the ardent support of our community and partners as we continue to&#13;<br \/>\ngrow and improve,&#8221; said Ben Zhou, co-founder and CEO of Bybit. &#8220;We are excited&#13;<br \/>\nto bring with us to spot trading the world class liquidity and reliability&#13;<br \/>\nderivatives clients have come to associate with Bybit.&#8221; <\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/2021-07-15\/86305\/crypto-derivatives-leader-bybit-enters-spot-trading\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE &#8211;\u00a0Media OutReach\u00a0&#8211;\u00a015 July&#13; 2021\u00a0&#8211; Bybit, hitherto the world&#8217;s largest derivatives-only cryptocurrency&#13; exchange, has announced its expansion into the crypto spot trading market. &#13; &#13; Bybit&#13; Makes Audacious Stride Into Spotlight &#13; &#13; \u00a0 &#13; &#13; Bybit&#8217;s new\u00a0spot trading platform&#13; opens to all on July 15 at 6AM UTC, and comes with zero maker fees. &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/16330"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=16330"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/16330\/revisions"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=16330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=16330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=16330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}