News Daily

The Times

News from Asia

  • Written by Media Outreach
DUBAI, UNITED ARAB EMIRATES - Media OutReach - 18 October 2023 - Bybit, the world's third most visited crypto exchange, is proud to announce the launch of its revamped institutional trading platform - Bybit Institutional. With a fresh look and feel, the new page is designed to provide an enhanced trading experience for institutional clients, reflecting Bybit Institutional's commitment to being small but nimble in meeting their unique requirements.

Bybit Institutional has long been recognized for its dedicated professional services tailored to institutional traders, and the frontier of sophisticated trading solutions tailored for discerning institutions. Bybit has earned a top-three position among cryptocurrency exchanges in terms of Total BTC Futures Open Interest for institutional clients, according to Coinglass.

The platform offers a range of features that set it apart as the go-to choice for institutional clients:

  1. Liquidity: Bybit Institutional is one of the largest platforms by open interest for crypto derivatives trading. It facilitates high trading volumes, providing frequent opportunities for clients to enter and exit positions. This high level of trading activity means clients can execute orders without significantly moving market prices.
  2. Client Asset Safety: Bybit Institutional implements security frameworks like encryption, multi-factor authentication and audits to protect clients' digital assets. It participates in proof of reserve audits to demonstrate it holds sufficient cryptocurrency reserves to cover all client holdings. Clients also have the option to use third-party custodial services for off-exchange settlement of trades and long-term asset storage.
  3. Fee Structure Optimization: Bybit Institutional charges fees with the goal of maximizing cost-efficiency for institutional traders. It offers a tailored fee schedule based on trading volumes and strategies. This is intended to support institutions' goal of reducing trading costs and optimizing their returns.
Bybit Institutional also takes pride in its partnerships with leading industry players, including Copper, Circle, Fireblock, etc. Through these collaborations, Bybit Institutional strives to provide a comprehensive ecosystem that supports institutions in their trading endeavors.

Eugene Cheung, Vice President and Head of Bybit Institutional, expressed his enthusiasm about the platform's evolution, stating, "We are thrilled to introduce the new Bybit Institutional page, designed to cater specifically to the needs of our institutional clients. With our deep liquidity, commitment to asset safety, and cost-efficient fee structure, we aim to provide a seamless trading experience for institutions of all sizes."

Furthermore, Eugene is invited to be one of the panelists at the Blockchain Life 2023 in Dubai on October 24. Titled "Crypto Market Outlook: Insights and Forecasts From Top Crypto Exchanges", the panel which takes place at the main stage will set the tone for the entire event. During this panel, industry experts discussed the overall landscape in the crypto space, current trends, and future forecasts.

For more information about Bybit Institutional and its services, please visit https://www.bybit.com/en-US/institutional

Hashtag: #Bybit#Bybit #TheCryptoArk

The issuer is solely responsible for the content of this announcement.

Read more

When Should You Speak to Bankruptcy Lawyers About Debt Problems?

Debt problems rarely appear without warning, yet many people wait far longer than they should before seeking legal advice about their situation. By the time the decision is made to consult with bankruptcy lawyers, the available options are often more... Read more

Top Electrical Safety Tips from Inner West Sydney Electricians

While it may not be the most exciting subject to discuss, having an electrically safe home is definitely one of the most critical. Knowing the basics could help you avoid accidents and ensure your home remains in good condition, whether... Read more

When to Escalate a Debt Recovery Matter to Legal Action

Knowing when to transition from informal debt collection efforts to formal legal proceedings is a decision that many creditors find difficult to navigate. Acting too early can damage commercial relationships, while waiting too long can reduce the likelihood of recovery... Read more

Why Slurry Hose Systems Are Essential for Handling Abrasive Industrial Materials

Transporting abrasive mixtures is a common challenge in industries such as mining, dredging, and construction. These mixtures, known as slurry, consist of solid particles suspended in water or other liquids. Moving slurry through pipelines requires specialised equipment that can withstand... Read more

Why Choosing the Right Dental Clinic Matters for Long Term Oral Health

Maintaining good oral health requires regular checkups, preventive care, and professional treatment when needed. Visiting a trusted Dental Clinic plays a vital role in keeping teeth and gums healthy while preventing more serious dental problems in the future. Many people only... Read more

Is Deep Plane Facelift Safe in Thailand?

When you ask whether a deep plane facelift is safe in Thailand, you’re really asking: “Can I get high-quality surgical care with strong safety standards and reliable follow-up while I’m traveling?” That’s a smart question. But the country name alone... Read more