The current second-largest cryptocurrency trading platform in the world, Bybit, has introduced two new features that are available for all kinds of traders to enjoy in the market. After its latest biannual keynote address, the company shared its strong performance in the market which has grown to a massive 37 million users already, leveraging its Web3-based platform.
Amidst these latest developments from Bybit, there is a promise for a rallying future for the crypto industry, with its new features expanding more of the experiences.
Bybit Introduced 2 New Features: First with Zero-Fee Block Trading
(Photo : Bybit/ Hill+Knowlton Strategies)
Bybit was quick to share the latest on the crypto exchange platform's features after its recent keynote event, with two new features now available and the first one focusing on Block Trading. This P2P feature is a cutting-edge development for the Web3-based platform, offering faster and more convenient trading processes, specifically for large-scale assets.
The platform's Block Trading also brings zero fees for users, as well as promising the reduction of price slippages that can meet massive demands, and supports different types of fiat currencies like USD, PHP, IDR, THB, as well as USDT.
On the other hand, the company also unveiled via its latest press release that another feature called Spot Liquidity Pairing Program is also now available on Bybit's crypto exchange platform. Through this feature, quality Market Makers are connected with projects on the platform under different programs and collaborative projects with Bybit.
It will also offer improved visibility for those under the Premium Liquidity Providers that would be highlighted in its recommended projects list. Bybit promises enhanced liquidity and 'seamless trading' experiences for users.
Bybit and What the Platform Has to Offer
One of the top-known cryptocurrency platforms in the world is Bybit, and the company offers significant features on its crypto trading platform which is on par with competitors and rivals in the market. Last year, the platform delivered significant new features that offer instant on-chain deposits in the web3 wallet of its users, available on its peer-to-peer trading service.
The company was known for its massive presence in the motorsport industry when it first announced its sponsorship for Safehouse Racegraph's Lamborghini team in the Super Trofeo Asia. Previously, the company is known for backing Oracle Red Bull, with Bybit now joining the renowned racing league across Asia and nearby regions, with its Safehouse Racegraph partnership still ongoing.
The significant development of its crypto platform features and many more has made the company rise in rankings, now the second-largest exchange in terms of trading volume. The recent announcement of two new features on Bybit's platform ensures improved experiences for different kinds of traders, with Block Trading offering zero fees and Spot Liquidity Pairing Program now available for all.
