Original source: SignalPlus
September 6, 2022 - Bybit, the world’s fast-growing cryptocurrency trading platform, has partnered with SignalPlus Form an exclusive partnership. SignalPlus is a top enterprise technology company offering options trading solutions for digital and crypto assets. Through this cooperation, we will help Bybit users start a new era of trading.
This is the first cooperation between SignalPlus and the cryptocurrency trading platform. The two parties will jointly customize and develop a dashboard platform with options as the core. Provide professional options traders with global liquidity to achieve a better trading experience; in addition, SignalPlus artificial intelligence options trading robots fully realize the automation of market making and risk hedging. The above functions are tailored for Bybit users and can help traders use a unified margin account to improve capital efficiency.
So far, Bybit is still the only trading platform that supports USDC option trading and settlement , allowing users to easily trade cryptocurrency options using USDC without buying or holding the underlying cryptocurrency assets. In addition, Bybit has recently launched ETH and SOL option contracts to provide users with more options for cryptocurrency options. This cooperation will open a new era of transactions on the Bybit platform, and the two industry giants will therefore be at the forefront of the times.
Bybit has always been known for its reliability, stability and practicality. Regardless of bulls or bears, the cryptocurrency trading platform can provide excellent liquidity. The uptime rate of the Bybit platform is as high as 99.99%, and there has never been any overload or downtime, which can be regarded as the benchmark in the industry.
Liquidity is the key to determining the outcome of an asset trading platform. SignalPlus can provide a highly integrated institutional-grade options platform solution, coupled with Bybit's first-class market depth and liquidity, which can help traders quote and trade at better prices even during periods of heightened volatility, and continue their trading journey with higher profitability . Ben Zhou, co-founder and CEO of Bybit, said: "As the industry benchmark for cryptocurrency options, SignalPlus will become a powerful tool for us to improve user trading experience. Through this cooperation with SignalPlus, we hope to open a new era of products and services, allowing users to Benefit from numerous advanced features."
SignalPlus Co-Founder and CEO Chris Yu said: "It is a great honor to be Bybit's official partner in the field of cryptocurrency options Partner. The space is expected to experience exponential growth in usage and penetration over the next few years. As a leading trading platform with advanced technology infrastructure , Bybit is definitely the perfect partner to take full advantage of SignalPlus' proprietary technology features. The combination of the two parties will surely become the industry's leading cryptocurrency options platform. For this reason, we are looking forward to the future cooperation journey. "
Bybit was established in March 2018 to provide cryptocurrency traders with a fast matching engine, high-quality customer service and multilingual community support. Bybit is the chief partner of the F1 team Oracle Red Bull, and is also a sponsor of NAVI, Astralis, Alliance, Virtus.pro, Made in Brazil (MIBR) and other e-sports teams, as well as Bundesliga giants Borussia Dortmund and Japanese football club Fukuoka Hornets.
SignalPlus was established in 2021. As a technology company, SignalPlus hopes to create an easy-to-use open technology platform to help users of all levels easily realize cryptocurrency options trading. The company's team is composed of experienced traders, technicians, developers and entrepreneurs, focusing on transforming the team's expertise in the field into practical programmatic software services through enterprise-level software solutions, thereby helping the cryptocurrency industry to easily Accelerate options market development professionally with services like these.
This article is from a contribution and does not represent the views of BlockBeats.
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