Bybit unveils new institutional trading platform focused on liquidity, security, and fee structure
Bybit Institutional has also entered partnerships with industry leaders such as Copper, Circle, and Fireblocks. These collaborations aim to provide a comprehensive trading ecosystem that supports institutional clients.
Bybit, currently the world’s third most visited cryptocurrency exchange, has announced the launch of its newly redesigned institutional trading platform—Bybit Institutional.
The overhaul aims to offer an enhanced trading experience tailored specifically to meet the unique requirements of institutional clients.
Bybit Institutional focused on liquidity, client assets, fee structure
Bybit Institutional has earned a reputation for offering dedicated services and trading solutions for institutional traders. According to Coinglass, it holds a top-three position in terms of Total BTC Futures Open Interest for this client segment.
The platform distinguishes itself with several key features:
Liquidity: Bybit Institutional is a major platform in crypto derivatives trading by open interest, ensuring high trading volumes and frequent opportunities for clients to execute orders without significantly affecting market prices.
Client Asset Safety: The platform employs multiple security measures including encryption and multi-factor authentication. It also undergoes proof of reserve audits and offers third-party custodial services for added asset safety.
Fee Structure Optimization: Bybit Institutional aims to maximize cost-efficiency with a tailored fee schedule based on trading volumes and strategies.
Eugene Cheung, Vice President and Head of Bybit Institutional, shared his excitement about the new platform. “We are thrilled to introduce the new Bybit Institutional page, designed to cater specifically to the needs of our institutional clients. With our deep liquidity, commitment to asset safety, and cost-efficient fee structure, we aim to provide a seamless trading experience for institutions of all sizes,” he said.
Bybit Institutional partnered with Copper, Circle, and Fireblocks
Bybit Institutional has also entered partnerships with industry leaders such as Copper, Circle, and Fireblocks. These collaborations aim to provide a comprehensive trading ecosystem that supports institutional clients.
Adding to the company’s industry footprint, Eugene Cheung is slated to be a panelist at the upcoming Blockchain Life 2023 event in Dubai on October 24. The panel, titled “Crypto Market Outlook: Insights and Forecasts From Top Crypto Exchanges,” will discuss the current landscape, trends, and future outlook of the crypto industry.
Bybit Institutional’s relaunch comes at a time when institutional interest in cryptocurrencies is gaining momentum. With its newly redesigned platform, Bybit is positioning itself as a leader in providing sophisticated trading solutions for institutional clients, offering a range of features from liquidity and asset safety to cost-efficient fee structures.
