CDS Collaboration Bybit Integrates ApeX Pro into Its Platform
Collaboration

Bybit Integrates ApeX Pro into Its Platform

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Bybit Integrates ApeX Pro into Its Platform

Bybit, a centralized cryptocurrency exchange, has announced that it will integrate ApeX Pro, a decentralized exchange, into its platform. According to Bybit‘s announcement on Thursday last week, the Dubai-based company will incorporate ApeX Pro into its structure in order to give its users the chance to trade on both types of exchanges on a single platform.

What is ApexPro?

ApeX Pro, which uses StarkWare’s scaling engine StarkEx, is an unauthorized, unattended, decentralized exchange (DEX) that offers perpetual contracts. ApeX Pro, which does not track users’ personal information but is confused with MetaMask, is being added to the Bybit platform through the Web3 wallet, a hybrid wallet.

About Integration

Although Bybit is integrating ApeX Pro into its platform, both are completely separate entities. For this reason, Bybit will not be involved in any of ApeX Pro‘s activities, and the teams of both are completely different. Because ApeX Pro is a decentralized platform that is capable of self-sustain. This, in turn, does not require ApeX Pro to request extra resources from Bybit.

References

www.coindesk.com

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lectertodd

Lectertodd is 25 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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