Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has cemented its position as a major player in the derivatives market. In a remarkable surge, Bybit’s futures trading volume soared by 61% from September to October. This is one of the highest increases among top centralized exchanges, reaching an impressive 639 billion in monthly trading volume, according to a recent report from Wu Blockchain.
This exponential growth is attributed to several key factors:
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle (NYSE:ORCL) Red Bull Racing team.
For more details about Bybit, users can visit Bybit Press
For media inquiries, users can contact: media@bybit.com
For more information, users can visit: https://www.bybit.com
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ContactHead of PRTony AuBybittony.au@bybit.com
This article was originally published on Chainwire
Source: Cryptocurrency - investing.com
