This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release.
Bitcoin Press Release: Derivatives Exchange Bybit has officially released its second product, an Ethereum perpetual contract.
February 18th 2019, Singapore – Singapore-based global derivatives exchange Bybit has announced the official release of its new 100x leverage Ethereum perpetual contract . Two months after its official launch, the company added a second pair to their already popular BTC/USD perpetual contract, a move that is sure to boost the already-growing user base and trading volume the exchange has seen surging in the last two months.
The new 100x leverage ETHUSD perpetual contract works in the same way the previous perpetual contract did with a speed matching engine processing 100,000TPS for the contract, a fully accessible ETH wallet for withdrawals and deposits, a dual price mechanism, funding, and professional risk control.Perpetual contracts are a new type of futures contract with no expiry date, and are a part of the derivatives family. Derivatives can profit from both a surge or a drop in price depending on the position opened and can use leverage to multiply the profits earned from a trade.
Bybit Academy
Similarly, in an effort to expand and attract more day traders to its platform, the company has just added Korean as a new language on the platform. It has also intensified its effort in the Bybit Academy , a separate brand dedicated to providing the best crypto day-trading education for beginners, and has stated it will release articles, videos, comics, and analysis covering everything needed to know to enter the crypto derivatives market with knowledge and confidence.
RelatedNews
About Bybit
Bybit is a global cryptocurrency derivatives exchange designed for all retail traders, professionals and investment institutions alike. Bybit aims to revolutionize today’s cryptocurrency market by combining the best of cryptocurrencies and traditional finance to bring about the industry’s safest, most reliable, fairest, and most user-friendly trading platform.
Headquartered in Singapore and registered in BVI, their founding team is made of expert blockchain investors and financial executives. Their R&D team includes experts from BAT, while their risk control and operations teams consist of specialists coming from world famous companies like Morgan Stanley.
Find out more about Bybit on the Website
Chat on Telegram
Check out Bybit on Twitter
Follow Bybit on LinkedIn
Follow Bybit on Facebook
Stay up to date on Medium
Media Contact Details
Contact Name: Joseph Imbruglia
Contact Email: [email protected]
Bybit is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.