The Bybit cryptocurrency broker platform is operated by Bybit Fintech Limited, a company registered in the British Virgin Islands and headquartered in Singapore. The company was founded in March 2018 and remains a young player in the crypto market.
The 뉴스 company has about 90 employees and all joined within a year. The development team created the trading platform in more than half a year, knowing that the system must be as close to perfect as possible.
This is because when high-risk traders take a lot of money on derivatives trading platforms, even in the cryptocurrency field, they can’t make mistakes. Due to ByBit’s focus on experienced traders, the platform has developed into a well-known name in this highly competitive market in a short period of time.
Experienced traders are particularly interested in the high-speed performance of the platform. According to ByBit’s own statement, they can handle 100,000 transactions per second. The advantage of this is that you will lose as little money as possible when trading, otherwise this will happen on an overloaded platform. With high technology standards, the platform is ready for the future. With the increasing popularity of crypto trading, all brokers will become busier and busier, which means that many transactions per second are no superfluous luxury.
Especially in terms of features, ByBit is different. This way, you can trade margin on the platform. For some cryptocurrencies, you can even use leverage up to 1: 100. This means you only need to deposit 0.01 BTC to open a 1 BTC position. With leverage, you can still make a lot of profit with a small investment, but you can also lose profit quickly. With a 1: 100 leverage, this is of course a fact, which is why professional traders usually never use it. With so much leverage, the clearing price will be too close to your entry price, so it will be difficult to clear in this case.