Hashtag
The Times

Zero Fees Return for Bybit’s USDC-Settled Crypto Options

DUBAI, UNITED ARAB EMIRATES - Media OutReach - 10 March 2023 - Bybit, the world's third most visited crypto exchange, today announced zero fees on all its options contracts to celebrate the launch of its Unified Trading Account (UTA).



As part of its goal to introduce the crypto community to next-level opportunities, Bybit now presents the most well-rounded and cost-effective crypto options in the market. Users can now use liquid USDT-perpetual products to offset the risks from options trading.

Starting on March 10, 2023, at 10AM UTC, VIP and institutional users who have upgraded to Bybit's UTA can participate in the campaign and enjoy fee-free trading. Bybit's blue chip options contracts (BTC, ETH, SOL) will all be included in this promotion.

Bybit's UTA is designed to make trading easier by streamlining the experience across asset types with a single account. This allows investors to cross-collateralize between positions, diversify trades, and seamlessly switch between strategies without transferring assets manually.

When using UTA, clients will be able to leverage UTA's upgraded portfolio margin by using USDT derivatives for added hedging capability, allowing them to mitigate risk when trading USDC options. This breakthrough will empower traders holding hedging USDC options and USDT perpetual positions to enjoy higher flexibility and more opportunities.

VIP and institutional clients will automatically enjoy zero fees for all options trades once they have upgraded to UTA. They will also be able to trade without fees for the campaign's duration.

"We strive to provide our customers with more value and create better trading experiences," said Hao Yang, head of options at Bybit. "Traversing the crypto space can be painstaking and time-consuming, and every second counts in a market that doesn't sleep. At Bybit, we are dedicated to creating next-level products with the most competitive fees we can offer, and creating a transparent, inclusive platform that echoes crypto's true calling."

Hashtag: #Bybit #NextLevelProducts

The issuer is solely responsible for the content of this announcement.

About Bybit

Bybit is a cryptocurrency exchange established in 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One's reigning Constructors' and Drivers' champions, the Oracle Red Bull Racing team, esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports, and association football (soccer) team Borussia Dortmund.

For more information please visit:

For updates, please follow:










Business News

How Condition Based Monitoring Supports Better Equipment Maintenance

Moving Beyond Fixed Maintenance Intervals Condition based monitoring gives maintenance teams a way to assess equipment according to its actual operating condition rather than relying only on predet...

Hashtag.net.au - avatar Hashtag.net.au

Choosing Reliable Movers Melbourne Households Can Depend On

Moving home involves much more than transporting furniture from one address to another. The right movers Melbourne households choose can help organise the practical details, from collection and transp...

Hashtag.net.au - avatar Hashtag.net.au

Google's New Online Estimates Could Be Bad for Businesses and Customers

Google's AI-powered pricing feature allows users to request pricing information from businesses, making it easier to compare estimates. While this may save customers time, it also raises concerns abou...

Hashtag.net.au - avatar Hashtag.net.au

From Warehouse to Hotspot: Why Brisbane's Breweries, Gyms and Cafés Love Industrial Epoxy Flooring

Walk through Newstead, Teneriffe, West End or Fortitude Valley and you'll notice a pattern. Old warehouses, workshops and factories are being transformed into craft breweries, specialty cafés, bouti...

Hashtag.net.au - avatar Hashtag.net.au

Custom Packaging Ideas to Discuss With a Cardboard Box Manufacturer

Build Packaging Around the Way Products Move Packaging has to work through the full movement of a product, from packing and storage to delivery or retail display. A cardboard box manufacturer can h...

Hashtag.net.au - avatar Hashtag.net.au

How Disability Service Providers Can Support Individual Goals

Disability service providers can play an important role in helping people access practical assistance while maintaining choice, independence and participation in everyday life. The most useful suppo...

Hashtag.net.au - avatar Hashtag.net.au

Health & Wellness

Looking After a Hearing Aid: The Small Daily Habits That Matter

Hashtag.net.au - avatar Hashtag.net.au

A hearing aid is a small electronic device worn close to skin, sweat and earwax, and it needs regular care to keep working as it should. Most of that care is simple and takes only a minute or two, b...

What to Look for When Choosing a Dental Clinic Melbourne Patients Can Rely On

Hashtag.net.au - avatar Hashtag.net.au

Look at the Range of Dental Care Available Choosing a dental practice is easier when patients can access different types of care in one place. A dental clinic Melbourne patients visit may provide gen...

What Do Clinical Teams Need from Their Surgical Supply Partners?

Hashtag.net.au - avatar Hashtag.net.au

In clinical settings, surgical supply partners aren’t just vendors. They sit quietly behind the scenes of operating lists, specialist consultations, treatment rooms and recovery workflows. When they...

hacklink esim usazlibraryzlibraryz-libraryFanatikbetjojobethacklink panelmarsbahisjojobet güncel girişnot on gamestopuk casinos not on gamstopbahis casino siteleriataşehir escortanadolu escortkadıköy escort