CDS Crypto News Bybit Sets New Standard for Institutional Traders with Game-Changing Options Trading Offer
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Bybit Sets New Standard for Institutional Traders with Game-Changing Options Trading Offer

Bybit, the renowned cryptocurrency exchange ranked third in global popularity, made a significant announcement today.

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Bybit Sets New Standard For Institutional Traders With Game-Changing Options Trading Offer

Bybit sets new standard for institutional traders. The exchange platform disclosed that skilled options traders now have the chance to access exclusive VIP levels by utilizing their trading records from alternative platforms. This innovative promotion offers new options traders the advantage of remarkably reduced maker and taker fees, potentially as low as 0.01%.

Bybit Sets New Standard for Institutional Traders with Game-Changing Options Trading Offer

Bybit Sets New Standard For Institutional Traders With Game-Changing Options Trading Offer

Today, Bybit, a well-known cryptocurrency exchange ranked as the third most popular globally, made a significant announcement. The exchange unveiled a new opportunity for professional options traders to unlock exclusive VIP tiers by leveraging their trading history from other platforms. This promotion breaks new ground, allowing new options traders to enjoy exceptionally low maker and taker fees, potentially as low as 0.01%.

Bybit Options warmly welcomes professional traders, offering them a seamless transition without the need to start from scratch. Through their existing trading volume on other exchanges, traders can effortlessly access the prestigious VIP and Pro tiers.

What makes this offer even more enticing is that Bybit rewards newcomers by granting them VIP/Pro levels two steps higher than their current status. This generous approach ensures that professional traders can easily access the enhanced benefits and privileges provided by Bybit Options.

Distinguishing itself from competitors, Bybit goes above and beyond by offering privileges that surpass the standard VIP+1 benefits. Eligible users can enjoy the exceptional advantage of VIP+2 privileges through Bybit’s enticing offer.

For example, a trader who currently engages in options trading worth $100 million per month on another exchange, equivalent to the Pro1 level on Bybit, can seamlessly transition to Bybit and instantly upgrade to the Pro3 level. This not only grants them access to superior tiers but also significantly reduces their trading fees, presenting a highly lucrative opportunity.

Bybit Sets New Standard For Institutional Traders With Game-Changing Options Trading Offer

In a groundbreaking move, Bybit made history last year by introducing the world’s first USDC-settled options contracts for Bitcoin, Ether, and Solana. Following the European-style model, these innovative contracts seamlessly integrate with Bybit’s Unified Trading Account.

This pioneering feature allows traders to execute complex positions effortlessly with just a single click, combining options contracts with perpetual and other derivatives. Bybit’s forward-thinking approach empowers traders to explore new possibilities and engage in streamlined trading strategies within a unified platform.

Ben Zhou, Bybit’s co-founder and CEO, expressed his enthusiasm for welcoming newcomers to the platform and highlighted Bybit’s commitment to enhancing opportunities and earnings for traders.

Bybit aims to provide the most attractive incentives in the market, as demonstrated by this campaign, showcasing their dedication to the options trading community. Zhou also emphasized that Bybit offers a reliable and opportunity-rich platform that professional traders seek.

Established in 2018, Bybit has become a prominent cryptocurrency exchange, offering a robust platform for crypto traders. With its ultra-fast matching engine, Bybit ensures swift and efficient order execution. The exchange takes pride in delivering excellent customer service and maintaining a multilingual community support system to cater to the diverse needs of its users.

Bybit Sets New Standard For Institutional Traders With Game-Changing Options Trading Offer

Bybit’s commitment to partnerships with esteemed entities is evident through its associations with renowned teams and organizations.

As an official partner of the Oracle Red Bull Racing team, the reigning Constructors’ and Drivers’ champions in Formula One, Bybit demonstrates its dedication to high performance and excellence. Additionally, Bybit supports esports teams such as NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports, recognizing the growing influence of competitive gaming. Notably, Bybit also collaborates with the prestigious association football (soccer) team, Borussia Dortmund, further establishing its presence across diverse sports sectors.

You can check Bybit Learn to gain more detailed information.

To access more crypto news: cryptodataspace.com

Written by
Aziz KARTAL

Aziz Kartal is 21 years old. He is a student at the Gazi University, Department of Electrical and Electronical Engineering. He works as content writer, researcher and social media manager. He generally research about Web3, Blockchain Security and Cybersecurity.

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