With Bybit’s twin asset product, customers can commerce their ETH in opposition to their BTC holdings and vice versa, thereby optimizing the earnings from each belongings.
Dubai-based crypto alternate Bybit launched a brand new twin asset product together with the highest two cryptocurrencies Bitcoin and Ethereum permitting customers to revenue simply by holding these crypto belongings with out having to transform them into stablecoins like USDT.
This ETH-BTC Twin Asset Product from Bybit will enable crypto holders to handle their investments in these two belongings seamlessly whereas benefitting from their value appreciation in the long run. Thus, customers can commerce their ETH in opposition to their BTC holdings and vice versa, thereby optimizing the earnings from each belongings. Responding to the event, Joan Han, Gross sales & Advertising and marketing Director of Bybit said:
“Our ETH-BTC Twin Asset product is a revolutionary step for our customers. This function gives a seamless method for crypto holders to reinforce their earnings by using the worth actions of BTC and ETH, all whereas holding their holdings inside these main belongings.”
The ETH-BTC pair gives customers with a singular alternative to earn extra of each belongings. By retaining their present BTC and ETH holdings, customers can additional capitalize on value fluctuations between the 2 belongings, thereby optimizing their investments. This Twin Asset product is extra appropriate for crypto traders preferring to carry main cryptocurrencies and search returns with out the necessity to convert to USDT.
Bybit Launches Block Buying and selling Problem for P2P Merchants
Moreover, crypto alternate Bybit additionally launched a block buying and selling problem for P2P merchants which is able to proceed till the month-end August 30. Through the marketing campaign, merchants want to complete the assigned Block Buying and selling transactions.
Profitable contributors can earn a 200 USDT P2P coupon, enter a fortunate draw for an opportunity to win as much as 1,000 USDT, or safe a prime place on the leaderboard to obtain unique USDT prizes.
Bybit is at the moment the world’s second-largest crypto alternate by buying and selling volumes and serves greater than 37 million customers globally. Earlier this week, the crypto alternate hit a significant milestone of $107 billion in every day buying and selling volumes which was 4 occasions the typical every day buying and selling volumes recorded by the alternate.
The surge in buying and selling quantity has been pushed by excessive exercise throughout numerous merchandise, together with perpetuals, futures, spot, and choices. Bybit attributes this development to its sturdy platform infrastructure and dedication to delivering an distinctive buying and selling expertise.
