{"id":67763,"date":"2022-02-23T10:43:41","date_gmt":"2022-02-23T10:43:41","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=87224"},"modified":"2022-02-23T10:43:41","modified_gmt":"2022-02-23T10:43:41","slug":"bybit-to-launch-usdc-perpetual-contracts","status":"publish","type":"post","link":"https:\/\/lebanonnewsgazette.com\/bybit-to-launch-usdc-perpetual-contracts\/","title":{"rendered":"Bybit to Launch USDC Perpetual Contracts"},"content":{"rendered":"

SINGAPORE – Media OutReach<\/a> – 23 February 2022 – Bybit, one of the world\u2019s fastest-growing cryptocurrency exchanges, will soon release its USDC perpetual contracts. The new product will allow users to trade using their USDC balance on Bybit\u2019s derivatives exchange.<\/p>\n

Bybit\u2019s new USDC perpetual contract will first open to whitelisted traders, allowing them to use USDC as collateral and place long or short contracts with up to 100x leverage and no expiration date.\"163275-Bybit.jpg\"<\/a><\/p>\n

Taking Bitcoin perpetual as an example, traders will be able to place an order based on the quantity of Bitcoin, and calculate the margin, profit, and loss based on USDC. The new contract joins Bybit\u2019s other perpetual offerings that accept USDT and several cryptocurrencies (BTC, ETH, EOS, and XRP) as collateral.<\/p>\n

In a prominently bull or bear market, perpetual contracts are popular as a diversified trading product that can help make the most out of a volatile market. Bybit has released this series of articles<\/a> to help users fully understand the product.<\/p>\n

\u201cWe are excited to offer our clients another great trading opportunity in launching USDC perpetuals,\u201d said Ben Zhou, co-founder and CEO of Bybit. \u201cWe are always looking for ways to help our users make the most of market conditions, and our USDC perpetual contracts will make an excellent addition.\u201d<\/p>\n

About Bybit<\/strong><\/p>\n

Bybit is a cryptocurrency exchange established in March 2018 to offer a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. The company provides innovative online spot and derivatives trading services, mining and staking products, as well as API support, to retail and institutional clients around the world, and strives to be the most reliable exchange for the emerging digital asset class. Bybit is the proud partner of Oracle Red Bull Racing, esports teams like NAVI, Alliance, Astralis and Virtus.pro; German soccer club Borussia Dortmund and Japanese soccer club Avispa Fukuoka.<\/p>\n

For more information please visit: https:\/\/www.bybit.com\/<\/a><\/p>\n

For updates, please follow Bybit’s social media platforms on<\/p>\n

https:\/\/discord.com\/invite\/bybit<\/a>
\n<\/u>
https:\/\/www.facebook.com\/Bybit<\/a>
\n<\/u>
https:\/\/www.instagram.com\/bybit_official\/<\/a>
\n<\/u>
https:\/\/www.linkedin.com\/company\/bybitexchange\/<\/a>
\n<\/u>
https:\/\/www.reddit.com\/r\/Bybit\/<\/a>
\n<\/u>
https:\/\/t.me\/BybitEnglish<\/a>
\n<\/u>
https:\/\/www.tiktok.com\/@bybit_official<\/a>
\n<\/u>
https:\/\/twitter.com\/Bybit_Official<\/a>
\n<\/u>
https:\/\/www.youtube.com\/c\/Bybit<\/a><\/p>\n

For media inquiries, please contact: press@bybit.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

SINGAPORE \u2013 Media OutReach \u2013 23 February 2022 \u2013 Bybit, one of the world\u2019s fastest-growing cryptocurrency exchanges, will soon release its USDC perpetual contracts. The new product will allow users to trade using their USDC balance on Bybit\u2019s derivatives exchange. Bybit\u2019s new USDC perpetual contract will first open to whitelisted traders, allowing them to use [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17,343],"tags":[],"yoast_head":"\nBybit to Launch USDC Perpetual Contracts - Lebanon News Gazette<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lebanonnewsgazette.com\/bybit-to-launch-usdc-perpetual-contracts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bybit to Launch USDC Perpetual Contracts - Lebanon News Gazette\" \/>\n<meta property=\"og:description\" content=\"SINGAPORE \u2013 Media OutReach \u2013 23 February 2022 \u2013 Bybit, one of the world\u2019s fastest-growing cryptocurrency exchanges, will soon release its USDC perpetual contracts. 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