Close Menu
    What's Hot

    SEC bitcoin crypto proposal introduces new trading safeguards

    October 3, 2026

    Citi raises Bitcoin and Ether forecasts amid strong market activity

    October 2, 2026

    Solana CEO says China will manage crypto integration

    October 2, 2026
    Facebook X (Twitter) Instagram
    Coin NewsbeatCoin Newsbeat
    • Home
    • Contact Us
    • AI

      AI crypto scams surge as global regulators increase oversight

      October 1, 2026

      TSMC ordered by U.S. to stop AI processor exports to China

      November 11, 2024

      Market buzzes as Apple introduces game-changing AI platform

      June 12, 2024

      News Corp. and OpenAI collaborate to elevate AI-generated news

      May 23, 2024

      Data centers propel AI, crypto, but endanger climate

      April 20, 2024
    • Bitcoin & Altcoins

      SEC bitcoin crypto proposal introduces new trading safeguards

      October 3, 2026

      Citi raises Bitcoin and Ether forecasts amid strong market activity

      October 2, 2026

      Bitcoin tops $75,000 for the first time since May following Trump speech

      August 22, 2026

      Bitcoin derivative liquidations hit 70 million in 24 hours

      August 1, 2026

      Bitcoin market expands across ETFs and treasury holdings

      July 10, 2026
    • Blockchain & DeFi

      THORChain halts trading after vault breach

      May 18, 2026

      Bybit security breach sees hackers steal over $1.4 billion in ETH

      February 21, 2025

      Crypto community divided over Google Cloud’s web3 initiative

      April 28, 2024

      Avi Eisenberg convicted in $110m Mango Markets scam

      April 18, 2024

      Fear and hope as Binance leaves Nigerian market

      March 11, 2024
    • Business

      Solana CEO says China will manage crypto integration

      October 2, 2026

      CFTC wins $31M Fundsz fraud order as crypto scam losses rise

      October 1, 2026

      European Commission puts MiCA crypto framework under review

      July 10, 2026

      JPMorgan CEO challenges crypto bill over stablecoin rewards

      June 1, 2026

      Gen Z lifts crypto adoption as digital assets expand

      April 8, 2026
    • Ethereum & NFTs

      Hong Kong exchange breaks ground with spot bitcoin, ether ETFs

      April 30, 2024

      Manchester City and Okx unveil exclusive digital jersey collection

      April 23, 2024

      Ethereum surges past $3,600 mark amidst strong trading activity

      April 8, 2024

      Ether’s value could see significant upswing after Bitcoin halving

      April 6, 2024

      Ethereum’s price flirts with $3k threshold amid bearish sentiment

      April 3, 2024
    • FinTech

      New Binance trading pairs set to go live in early September

      September 3, 2024

      Ripple’s token release reignites debate on supply management

      September 3, 2024

      Rakeez Financial secures $2M seed round led by CoreVision

      March 15, 2024

      Trampay gets $250K from Potencia Ventures, boosts Brazil gig economy

      March 11, 2024

      Nigeria welcomes PalmPay’s game-changing fintech offerings

      March 11, 2024
    • Gaming

      Web3 leader Immutable rolls out $50M gaming rewards initiative

      April 26, 2024

      ViewSonic unveils XG272-2K-OLED, redefining gaming visuals

      April 2, 2024

      Animoca Brands, KACST forge alliance for web3 hub in Riyadh

      March 11, 2024

      Hitachi LG data storage redefines console gaming storage

      February 28, 2024

      Sony’s stock plummets by $10 billion as PS5 sales forecast dips

      February 19, 2024
    • Partner Content

      Türkiye’s leading digital asset platform Paribu expands its platform into DeFi, yield, and equities

      July 1, 2026

      Bitget Launches New Pre-IPO Product With SpaceX as First Listing

      April 15, 2026

      Dollar Cost Averaging (DCA): The Smart Crypto Investment Strategy Using Bybit’s Trading Bots

      December 18, 2025

      Stablecoins Emerge as a Key Financial Hedge Against Inflation Across Africa

      December 18, 2025

      Floki Gains European Market Entry with First ETP

      October 6, 2025
    • Policy

      FCA introduces new crypto rules in UK

      October 2, 2026

      UK tribunal considers 250m crypto class action claim

      October 1, 2026

      MiCA deadline reshapes Europe’s crypto market

      June 26, 2026

      Housing bill adds CBDC ban with crypto stock focus

      June 25, 2026

      China extends crypto ban to stablecoins and tokenized assets

      February 9, 2026
    Coin NewsbeatCoin Newsbeat
    Home » Bybit Surges to Second Place in Derivatives Market, Solidifying Position as Global Crypto Trading Leader
    PR Newswire

    Bybit Surges to Second Place in Derivatives Market, Solidifying Position as Global Crypto Trading Leader

    July 25, 2024
    Share Facebook Twitter WhatsApp Pinterest Copy Link LinkedIn Tumblr Email Telegram

    DUBAI, UAE, July 25, 2024 /PRNewswire/ — Bybit, the world’s second-largest crypto exchange by trading volume, today announced it has reached the second place in the derivatives market, according to the latest CoinMarketCap figures, solidifying its status as the world’s second-largest crypto exchanges by trading volume. This significant achievement underscores Bybit’s commitment to providing a superior trading experience for its users.

    Bybit Logo

    “We are incredibly proud to reach this milestone,” said Joan Han, Sales & Marketing Director at Bybit. “Our ascent to the No. 2 position in the derivatives market is a testament to our relentless focus on innovation and user satisfaction. By continually improving our product offerings, we empower our users with the tools they need to execute trades more effectively.”

    Bybit attributes its success in the derivatives market to several key factors, including:

    • The Power of the Unified Trading Account (UTA): The UTA revolutionizes crypto trading by offering an all-in-one account that streamlines the experience and empowers users to manage their finances and risk effectively. It eliminates the need to switch between separate accounts for spot trading, margin trading, perpetual contracts, options, and futures. This versatility allows for unparalleled flexibility, including cross-margin trading with over 160 tokens. Users can even leverage unrealized profits to open new positions, maximizing their capital efficiency. The statistic that 96% of Bybit Institutional Investor Services (INS) clients utilize the UTA for their trading activities speaks volumes about its effectiveness.
    • Enhanced Product Offerings: Bybit prioritizes the development of cutting-edge trading features. The introduction of Iceberg Order and Websocket Order placement exemplifies this commitment, providing users with greater control and flexibility over their trades.
    • Advanced Risk Management Features: Bybit prioritizes user safety and security. The exchange implements features like delayed auto-repayment and automatic risk limit tier adjustments, empowering users to manage their risk profiles effectively.

    Bybit’s ascent to the No. 2 position in the derivatives market signifies the exchange’s dedication to becoming the premier destination for all crypto communities. With a relentless focus on innovation, user-centric features, and robust safety and risk management tools, Bybit is poised to continue its impressive growth trajectory.

    #Bybit / #TheCryptoArk

    About Bybit

    Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 37 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 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.

    For more details about Bybit, please visit Bybit Press.
    For media inquiries, please contact: media@bybit.com
    For more information, please visit: https://www.bybit.com
    For updates, please follow: Bybit’s Communities and Social Media

    Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

    Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg

    Cision View original content:https://www.prnewswire.co.uk/news-releases/bybit-surges-to-second-place-in-derivatives-market-solidifying-position-as-global-crypto-trading-leader-302206401.html


    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link

    Related Posts

    CoW Swap Opens TWAP Orders to Every EOA Wallet, Removing the Safe-Only Barrier

    September 30, 2026

    MEXC Adds Another 1,000 BTC to Guardian Fund, Strengthening User Protection

    September 30, 2026

    Bybit Releases Latest Proof-of-Reserves Report, Adding 10 Tokens as Mainstream Asset Value Hit $19.6 Billion

    September 30, 2026
    Latest News

    SEC bitcoin crypto proposal introduces new trading safeguards

    October 3, 2026

    Citi raises Bitcoin and Ether forecasts amid strong market activity

    October 2, 2026

    Solana CEO says China will manage crypto integration

    October 2, 2026

    FCA introduces new crypto rules in UK

    October 2, 2026

    AI crypto scams surge as global regulators increase oversight

    October 1, 2026

    UK tribunal considers 250m crypto class action claim

    October 1, 2026

    CFTC wins $31M Fundsz fraud order as crypto scam losses rise

    October 1, 2026

    Bitcoin tops $75,000 for the first time since May following Trump speech

    August 22, 2026
    Bitcoin & Altcoins

    SEC bitcoin crypto proposal introduces new trading safeguards

    October 3, 2026

    Citi raises Bitcoin and Ether forecasts amid strong market activity

    October 2, 2026

    Bitcoin tops $75,000 for the first time since May following Trump speech

    August 22, 2026

    Bitcoin derivative liquidations hit 70 million in 24 hours

    August 1, 2026
    Blockchain & DeFi

    THORChain halts trading after vault breach

    May 18, 2026

    Bybit security breach sees hackers steal over $1.4 billion in ETH

    February 21, 2025

    Crypto community divided over Google Cloud’s web3 initiative

    April 28, 2024

    Avi Eisenberg convicted in $110m Mango Markets scam

    April 18, 2024
    Ethereum & NFTs

    Hong Kong exchange breaks ground with spot bitcoin, ether ETFs

    April 30, 2024

    Manchester City and Okx unveil exclusive digital jersey collection

    April 23, 2024

    Ethereum surges past $3,600 mark amidst strong trading activity

    April 8, 2024

    Ether’s value could see significant upswing after Bitcoin halving

    April 6, 2024
    © 2024 Coin Newsbeat | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.