Singapore-based cryptocurrency exchange Bybit said it is taking necessary steps to ensure that it understands the requirements of the Securities and Exchange Commission of Brazil (CVM) with respect to its services. The Brazilian watchdogs had banned Bybit from brokering securities. The CVM released a declaratory act earlier this week that ordered the suspension of the crypto platform’s security offerings and intermediation services directly or indirectly via websites,...
Read More »Bybit Launches Crypto Options Trading
The Singapore-headquartered digital asset exchange – Bybit – expanded its services, enabling crypto options trading. Upon launch, users will be able to trade USDC options and perpetuals through portfolio margin, which employs a risk-based model for experienced investors to increase fund utilization on the underlying price and volatility. Bybit’s Newest Feature According to the document shared with CryptoPotato, the function will enable Bybit’s clients to speculate on the...
Read More »Crypto Exchange Bybit Moves Its Main Station to Dubai
Popular cryptocurrency exchange Bybit is moving its business to the United Arab Emirates (UAE), and its headquarters will be situated in the nation’s capital of Dubai. Bybit Has Its Sights Set on the UAE Bybit provides a wide array of crypto and blockchain-related services and tools for customers to enjoy. The company says it is fully committed to the regulatory efforts of the UAE, and that it will obey all laws implemented by state officials. Bybit is also creating an...
Read More »Bybit Inks a $150 Million Deal With Red Bull’s F1 Team
The cryptocurrency trading platform Bybit became the Principal Team Partner of Oracle Red Bull Racing. The agreement is worth $50 million per annum over three years, bringing the total to $150 million. Bybit Joins The Formula 1 World According to a document seen by CryptoPotato, the Singapore-based digital asset exchange Bybit shook hands with Red Bull’s Formula 1 team. As a result, the company will serve as the Principal Team Partner of the racing squad. It will also aid Red...
Read More »Bybit Becomes The Global Main Sponsor of Argentina’s National Soccer Team
The Argentine Football Association (AFA) revealed that Bybit will serve as its Global Main Sponsor for all selections in the next two years. Thus, the cryptocurrency trading platform put its name next to well-known corporations such as Adidas, Nissan, and Coca-Cola, which are also official sponsors of Argentina’s national soccer team. Bybit’s Logo on Messi’s Training Clothes The new partnership will allow Bybit to have maximum visibility in all AFA assets, according to the...
Read More »Bybit Partners With Russia’s Most Decorated eSports Club
Singapore-based cryptocurrency exchange, Bybit, has increased its foray into the esports space by entering into a three-year partnership with Russia’s most prestigious esports club, Virtus.pro (VP). Bybit Becomes VP’s Official Partner According to a Wednesday press release shared with CryptoPotato, Bybit is now Virtus.Pro’s NFT Partner and exclusive Official Cryptocurrency Platform Partner, backing its formidable DOTA 2 and CS: GO teams. VP is currently one of the most...
Read More »Crypto Exchange Bybit Partners With Leading eSports Organization NAVI
The popular crypto trading platform, Bybit, has revealed that it has entered into a multi-year partnership with the Ukrainian esports organization, Natus Vincere (NAVI). Bybit Collaborates With NAVI According to a press release shared with CryptoPotato on Wednesday, the new partnership marks Bybit’s entrance into the esports space and will open up various opportunities for both parties. The two industries have gradually revolutionized the traditional financial and sporting...
Read More »Bybit to Cease Services for UK Citizens Following the FCA Ban on Crypto Derivatives Trading
The first consequences from the FCA ban on crypto derivatives trading in the UK are evident for the popular digital asset exchange Bybit. The company announced earlier that it will suspend its services to all customers based in the United Kingdom. Established in 2018, Bybit is a cryptocurrency exchange headquartered in Singapore with a reported user base of over one million registered clients. However, the firm will seize offering its services to UK-based customers, according to a recent...
Read More »Crypto Trading Academy: What Is Open Interest In Bitcoin Futures And How Traders Use It?
Bitcoin futures contracts allow traders to speculate on the price of Bitcoin without necessarily have to own it. They are a derivative product that gained serious popularity in the past years.Traders are always looking for information that would give them an edge in the market. Arguably, the most valuable data is that which offers an insight into what other traders are doing.Open Interest (OI) could provide some of this information with appropriate interpretation. Understanding it and its...
Read More »PrimeBit vs Bybit: Trading on Webtrader
Place/Date: Saint Vincent and the Grenadines - April 2nd, 2020 at 5:27 pm UTC · 4 min read Contact: PrimeBit, Source: PrimeBit Volatility opens golden opportunities to cryptocurrency traders. You can take advantage of the crazy dips and spikes over the past few weeks. How do you execute leveraged margin trading? Let us have a quick look at the trading process through PrimeBit and Bybit.Intuitive Margin Trading at PrimeBitPrimeBit is the fastest-growing P2P Bitcoin-based derivatives...
Read More »