Bybit is a global cryptocurrency derivatives exchange designed for all retail traders, professionals, and investment institutions alike.
Established in March 2018, Bybit emerged onto the cryptocurrency scene with a vision to deliver a top-notch platform, featuring an exceptionally swift matching engine, stellar customer service, and a diverse community support system in multiple languages. Tailored for crypto enthusiasts, Bybit provides a cutting-edge experience through its innovative online spot and derivatives trading services, alongside offerings in mining, staking products, and robust API support. With a global reach, the company caters to both retail and institutional clients, aspiring to position itself as the go-to exchange for the evolving world of digital assets.
Bybit’s latest promotion gives eligible newcomers a simple way to earn BTC from a short USDT stake. The 3-day product delivers a 666% APR, and operates on a first-come, first-served basis with a capped reward pool.
Bybit introduces BYUSDT, allowing VIP account holders to tokenize staked USDT for margin trading while continuing to earn daily rewards, bridging DeFi-style capital efficiency with centralized exchange services.
BitMEX and Kraken experienced front-end outages for three hours on Nov. 18 due to a global Cloudflare service degradation. Cloudflare resolved the issue at 14:42 UTC after implementing fixes.