Cryptocurrency exchange with favorable conditions of participation

In recent years, cryptocurrencies have proven to be a useful market for moving and saving funds, as well as trading. Cryptocurrency trading has become an interesting and profitable option for many financial activities. A significant role in the processes taking place in this area is played by cryptocurrency exchanges, including Bybit, which started not so long ago, in 2018, and betting on derivatives for cryptocurrency, the product is not yet known and understandable to everyone.



Features of the trading platform
Within a fairly short period of time, Bybit, being a small young cryptocurrency exchange, was able to compete with larger platforms. It became a partner of the IOFT more than a year ago and entered the rating of the Association as one of the most successful cryptocurrency platforms of our time.

Bybit trading platform is the author’s own development using elements of graphical and technical analysis of the modern TradingView tool. A small number of trading assets (the main four) are offset by their presentation in several variants:

• inversely;
• inversely indefinite,
• perpetual;

different expiration dates, as well as references to the prices of spot market assets.

An interesting feature of the exchange is mutual insurance, the fund of which is created on the principle of “American option” at the expense of the profits of the participants of the model. It reliably protects against quite likely sharp price fluctuations.



Advantages that predetermine high demand
Judging by the numerous reviews of not only exchange participants, but also professional experts, the advantages of Bybit, allowing the exchange to compete on equal terms with larger opponents, are:

• intuitive and convenient trading platform of authorship. Due to its presentation in the browser version, the possibility of conflict with the OS, as well as the inhibition of the procedure for sending orders are excluded;
• combinations of trading using perpetual contracts and term futures;
• the presence of an exchange cup, which is a summary table of current demand and supply for securities, allowing to assess the depth of the market and current trading volumes;
• possible reduced entry threshold – from only 1 USD;
• the possibility of opening positions, both long and short, with mutual recalculation subsequently;
• the effectiveness of the functioning of the support service, capable (according to the authors of the reviews) with maximum correctness to solve any disputes.

Bybit, without a doubt, is a useful and attractive exchange for all who have successfully mastered cryptocurrency platforms that have become classic, and are fully ready to use more complex tools, which coincides with the long-term intentions of the project developers.