The leading crypto derivatives trading platform known as Bybit, is launching three new USDT trading pairs on its platform. In fact, in the future, users registered with Bybit will be able to access UNI, DOT and ADA tokens as perpetual contracts with USDT margin. Traders will be free to choose between 1x and 25x to trade with the new pairs.
Bybit wants to offer its users more and more assets
This is the second time such an inclusion has been made for the hottest cryptocurrencies in the past few weeks. Bybit is working to bring the best resources on its platform and thus offer its customers more and more options for trading online.
The three assets were chosen for their growth potential, their anonymity, their scalability and the ability to do decentralized trading. All of these characteristics have become fundamental in the current cryptocurrency ecosystem, and it could be one of the reasons why their growth in this period seems unstoppable.
According to Bybit CEO and co-founder Ben Zhou, the choice of the three assets will keep Bybit's liquidity high. “We are delighted to be able to host these highly sought after digital currencies on our trading platform and offer our clients even more options. Bybit is well known for our huge liquidity. We have done extensive research and analysis to make sure the markets of these new trading pairs are no exception. "
More and more people are using Bybit
Bybit is one of the best cryptocurrency exchanges by trading volume. For derivatives trading, it ranks even higher for its wide range of inverse perpetual, linear perpetual and futures markets. With the new addition, traders will have even more options for derivatives trading.
All three cryptocurrencies have recently shown a positive growth trend. ADA recently became the third largest cryptocurrency by market capitalization, replacing BNB.
Both DOT and UNI joined the top ten cryptocurrencies, driven primarily by their revolutionary technologies. A combination of these assets with USDT, one of the most traded digital assets, could significantly increase traders' returns on exchanges.
The additions will also expand Bybit's reach in the derivatives market and give more clients the opportunity to trade these core assets.
At this point we are curious to know if you also use Bybit for trading cryptocurrencies or other software. Lately, there is a lot of talk about auto trading software like Bitcoin system. Have you ever heard about it? We have reviewed it, along with many other platforms and they seem to really work. If you are a beginner trader and want to invest small amounts, you might want to take a look.
Registration is free and getting started is very simple. Furthermore, with the trading guides, even those who have never operated in their life can hope to bring home excellent results.