Bybit, an up-and-coming cryptocurrency derivative exchange, has recently announced the launch of a new suite of features that will revolutionize the trading experience. The latest feature, “Perpetual Contracts,” allows users to trade in perpetual contracts with no expiry date. With this new development by Bybit, traders can now quickly enter into long-term positions without worrying about contract expiration.
Additionally, bybit released a “Turbo Trading Mode” that provides the potential for huge profits by allowing users to take advantage of price fluctuations within milliseconds. Another helpful addition is its “Risk Management System,” which will enable traders to better manage their risk by setting stop-loss orders and taking profit orders.
Bybit has also increased its “Insurance Fund” to 0.5%. All these new features by bybit demonstrate that they are serious about providing a secure and reliable trading platform for its users. With the launch of this suite of features, bybit is poised to be one of the leading cryptocurrency derivative exchanges shortly.