Crypto Exchange bybit is expanding its range beyond digital assets as it is eager to launch new trading options, including US Arrows, commodities and indicators.
Exchange, known as Crypto Ridever products, aims to make these offers before the end of the current quarter.
The polo-carpto policies dating back to the Trump era, move bybit to stocks
On May 3, CEO of BYBIT Bin Chu certain Development during a broadcast event. He pointed out that users will soon be able to trade tools such as gold, raw oil and lead American stocks such as Apple and Microstrategy.
These additions significantly transform the BYBIT product strategy and reflect the podium’s ambition to serve a wide range of investors from retail and institutions.
Trading features will integrate with the current BYBIT infrastructure. This includes the Metatrader 5 (MT5) platform, which already supports profitable gold trading. Users can reach up to 500x financial lever on the selected tools, a feature that attracts traders at risk.
It is worth noting that gold and oil trading is available on the platform in a limited way. Therefore, adding US shares is a direct challenge to platforms such as Robinhood, which Crypto merge with traditional financing.
Meanwhile, the Bybit step reflects a greater trend in the financial industry as the border between encrypted platforms and traditional mediation has become less definition.
In recent months, many traditional trading platforms have indicated an interest in providing encryption products. Meanwhile, stock exchanges such as Bybit add traditional assets to match investor request.
This transformation also follows the support of the growing policy of digital assets during the current President of Donald Trump’s administration.
Trump has adopted a more convenient attitude towards encryption innovation. This has led to a political environment that causes companies such as bybit to diversify and remain able to compete.
Meanwhile, this step follows the expansion of the product a major security breach in February. The platform was recently targeted in exploitation that led to the theft of 500,000 ETH, at a value of about $ 1.5 billion.
Zhu admitted that part of the stolen money – by 28 % – has become unsuccessful due to the striker’s laundering efforts. However, the stock market works with the broader society to track the remaining funds.
Despite this setback, bybit it seems to regain momentum.
According to the data from Beincrypto, the user’s activity and trading size climb to the levels that were seen before the exploitation, indicating that confidence in the statute returns.
Disintegration
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