Bybit to Follow Binance by Introducing Zero Fee Trading

2022-9-3 20:30

Trading companies are moving to waive trading fees to attract more customers and to make crypto as accessible and inclusive as possible.


Bybit, one of the biggest derivative exchanges, has introduced a feature that will have zero fees for all spot trading. It is a move seen as too good to be true, and investors are questioning whether they are rebalancing profits elsewhere. The platform which marked a ten million user milestone, says waiving fees is for the good of its customers.


“Celebrate 10 million Users With 0 Fees on Spot and More Amazing Perks,” Bybit announced on its website. ”The past eight months have been rocky for the crypto industry, but amid the doom and gloom, we continue to buckle down and BUIDL. On this note, we’re extremely proud to hit our next milestone a strength of 10 million users and counting” added Ben Zhou CEO of Bybit

Bybit announces more perks

The announcement, which has been viewed as a marketing strategy to attract more customers, will also reward new customers seeking to use the spot trading feature with up to $600 as a thank you for signing up.
Among other perks the company has introduced, include zero-fee promotion and this will not be applicable to pending order fees incurred before the promotional event which begins on September 6.
But what do zero trading fees mean to customers? Trading customers will be able to trade USDT perpetual, and USDC options contracts concurrently via the unified margin account without transferring assets back and forth across multiple accounts. The profits and losses will also be compiled, so as not to trigger liquidation.

Binance restructured to make money without BTC trading fees

Bybit is not the only one, about a week ago, Binance also announced that it was waiving fees on spot trading for 13 BTC trading pairs, including USDT, BUSD, USDC, and EUR as it turned 5 years.


‘’We’re proud to have introduced zero trading fees on several BTC pairs, but we understand that many of you still have some questions. Let’s take this chance to iron out the details and lay to rest any misconceptions about the change’’ Binance announced in a statement.


Despite the marketing gimmicks to champion positivity among retail and Institutional investors, who are supposed to be the beneficiaries of such initiatives, say they are still clogged with confusion stemming from the troubles in the financial markets.

For Be[In]Crypto’s latest Bitcoin (BTC) analysis, click here.

The post Bybit to Follow Binance by Introducing Zero Fee Trading appeared first on BeInCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Open Trading Network (OTN) íà Currencies.ru

$ 0.0064948 (+0.67%)
Îáúåì 24H $0
Èçìåíåèÿ 24h: 1.44 %, 7d: 12.76 %
Cåãîäíÿ L: $0.0064948 - H: $0.0064948
Êàïèòàëèçàöèÿ $13.149k Rank 2181
Äîñòóïíî / Âñåãî 2.025m OTN / 100m OTN

trading bybit zero fee follow binance introducing

trading bybit → Ðåçóëüòàòîâ: 93


Ôîòî:

Bybit Rolls Out Quarterly Futures, Sub-Accounts in Celebration of Year Three

SINGAPORE / Nov. 26, 2020 / Cryptocurrency derivatives exchange Bybit has announced a raft of new products and features as its online trading platform enters the third year. The fast-growing trading platform, which has welcomed more than one million registered users since its December 2018 launch, will add quarterly futures contracts and sub-accounts, while integratingRead MoreRead More.

2020-11-26 18:39


Ôîòî:

Êðèïòîáèðæà Bybit çàïóñòèëà òóðíèð ïî òðåéäèíãó ñ ïðèçîâûì ôîíäîì 200 BTC

Ñ 10 ïî 30 àâãóñòà íà áèðæå êðèïòîâàëþòíûõ äåðèâàòèâîâ Bybit ïðîéäåò òóðíèð ïî òîðãîâëå áåññðî÷íûìè ôüþ÷åðñíûìè êîíòðàêòàìè BTCUSD World Series of Trading (WSOT). Ðåãèñòðàöèÿ íà ìåðîïðèÿòèå îòêðûòà äî 14 àâãóñòà.

2020-8-11 14:00


Registration Kicks Off For Global BTC Trading Competition

Registration for Bybit’s inaugural BTC Brawl, the “biggest global team trading competition the world has ever seen!”, got underway on 18th November at 9.00AM UTC. Bybit, a cryptocurrency derivatives exchange based in Singapore, have been going from strength to strength, recently hitting the 4 billion USD mark for 24 hour trading volume, and the BTC […] The post Registration Kicks Off For Global BTC Trading Competition appeared first on CCN.com

2019-11-20 18:36


Bybit launches ‘BTC Brawl’ trading competition

Cryptocurrency derivatives exchange Bybit has announced the launch of the BTC Brawl competition, which has been dubbed the “biggest global team trading competition the world has ever seen!” Going from strength to strength, after having recently broken the $4,000,000,000 USD mark for 24-hour trading volume, the BTC Brawl is another sign of Bybit’s stratospheric rise […] The post Bybit launches ‘BTC Brawl’ trading competition appeared first on CryptoSlate.

2019-11-18 12:00


Cryptocurrency Derivatives Exchange Bybit Launches Trading Competition

Bitcoin Press Release: Derivatives Exchange Bybit has officially started its first Trading Competition on Twitter. The competition will run from April 8th to May 6th, 2019. April 11, 2019, Singapore – Singapore-based global derivatives exchange Bybit has launched a new Trading Competition for users to match their skills against one another in the hunt for over $6,000 in total prize money.

2019-4-13 13:41


Cryptocurrency Derivatives Exchange Bybit Launches Trading Competition

Bitcoin Press Release: Derivatives Exchange Bybit has officially started its first Trading Competition on Twitter. The competition will run from April 8th to May 6th, 2019. April 11, 2019, Singapore – Singapore-based global derivatives exchange Bybit has launched a new Trading Competition for users to match their skills against one another in the hunt for […] The post Cryptocurrency Derivatives Exchange Bybit Launches Trading Competition appeared first on Bitcoin PR Buzz.

2019-4-12 23:31


Bybit: BTC And ETH Futures Cryptocurrency Derivatives Exchange?

What Is Bybit? ByBit is a worldwide platform for cryptocurrency derivatives exchange. It is designed for retail traders, professionals, and investment institutions. ByBit seeks to transform today’s cryptocurrency market through combining the best of digital assets and traditional finance to create the safest, most reliable, fairest, and most user-friendly trading avenue for the industry. With its […]

2018-12-12 10:04