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BYBIT Bybit Adds ADA, DOT and UNI to Its USDT Margined Offerings

Transparency directive : regulatory news

18/03/2021 12:35

DGAP-News: Bybit / Key word(s): Miscellaneous
Bybit Adds ADA, DOT and UNI to Its USDT Margined Offerings

18.03.2021 / 12:35
The issuer is solely responsible for the content of this announcement.


Bybit Adds ADA, DOT and UNI to Its USDT Margined Offerings

SINGAPORE - Media OutReach - 18 March 2021 - Cryptocurrency derivatives exchange Bybit has announced today the arrival of three new USDT trading pairs with Cardano's ADA, Polkadot's DOT and Uniswap's UNI.

The introduction of these new trading pairs is the second expansion of Bybit's markets in as many weeks, following the arrival of BTCUSD0625 futures contract on March 11. ADA/USDT, DOT/USDT and UNI/USDT join the existing linear perpetual trading pairs of BTC/USDT, ETH/USDT, LINK/USDT, LTC/USDT, XTZ/USDT and BCH/USDT, as well as Bybit's inverse perpetual and futures markets.

Traders will be able to select between 1-25x leverage on these new contracts. USDT-margined linear contracts allow traders to use the stablecoin Tether (USDT) as collateral, so they can profit from the volatility while limiting their exposure to falling prices.

"We are delighted to be able to bring these highly demanded coins to our trading platform and offer our customers even more choices," said Ben Zhou, co-founder and CEO of Bybit. "Bybit is well known for our outstanding liquidity. We have done extensive research and preparation to make sure that the markets of these new trading pairs will be no exception."

About Bybit
Bybit is a derivatives cryptocurrency trading platform established in March 2018. The company provides online trading services to international individual retail clients as well as professional traders.

For more information please visit: https://www.bybit.com/

For updates, follow Bybit's social platforms on Twitter and Telegram.

Contact:

Name: Mavis Wu

Email: mavis.wu@hkstrategies.com

Contact Number: +852 2894 6356



18.03.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Bybit
Germany
EQS News ID: 1176651

 
End of News DGAP News Service

1176651  18.03.2021 

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