Search DubaiPRNetwork.com

Dubai and UAE
Home >> Business and Economy

Bybit Adds ADA, DOT and UNI to Its USDT Margined Offerings

Thursday, March 18, 2021/ Editor -  

Share

Home >> Business and Economy

SINGAPORE - Media OutReach - 18 March 2021 - Cryptocurrency derivatives exchange Bybit has announced today the arrival of three new USDT trading pairs with Cardano's ADA, Polkadot's DOT and Uniswap's UNI.
 
The introduction of these new trading pairs is the second expansion of Bybit's markets in as many weeks, following the arrival of BTCUSD0625 futures contract on March 11. ADA/USDT, DOT/USDT and UNI/USDT join the existing linear perpetual trading pairs of BTC/USDT, ETH/USDT, LINK/USDT, LTC/USDT, XTZ/USDT and BCH/USDT, as well as Bybit's inverse perpetual and futures markets.
 
Traders will be able to select between 1-25x leverage on these new contracts. USDT-margined linear contracts allow traders to use the stablecoin Tether (USDT) as collateral, so they can profit from the volatility while limiting their exposure to falling prices.
 
'We are delighted to be able to bring these highly demanded coins to our trading platform and offer our customers even more choices,' said Ben Zhou, co-founder and CEO of Bybit. 'Bybit is well known for our outstanding liquidity. We have done extensive research and preparation to make sure that the markets of these new trading pairs will be no exception.'

 


Previous in Business and Economy

Next in Business and Economy


Home >> Business and Economy Section

Latest Press Release

New Leadership Book “From Grit to Grace” Offers Actionable Business Insights

WFP requires us$16.9 billion in 2025 to respond to unrelenting humanitarian need ...

UAE Enters Guinness World Record with the Longest Line of Sustainable Pizzas

Ministry of Finance Launches the Financial Sustainability Standards Guide for th ...

Football legends to unite for kings cup dubai

Under the Patronage of Minister of Sports Dr. Ahmad Belhoul Al Falasi, Sport Imp ...

Emirates Skywards rolls out bonus Miles offers this festive season

What is Ringworm in Cats: Causes, Symptoms, and Treatment

Masdar and Silk Road Fund Sign Co-investment Agreement for Renewable Energy Proj ...

Response Plus Medical ambulance at NYU Abu Dhabi enhances emergency access to st ...

IATA Wings of Change Europe Conference Calls for EU to Prioritize Competitivenes ...

Etihad airways and new York City FC announce Etihad Park

A new chapter for Emirati-Norwegian Collaboration: Dibber, Early Years Education ...

MEBAA Show 2024 highlights the UAE's leading status in global business aviation ...

Dubai Culture Celebrates Winners of 3rd Dubai Festival for Youth Music

Global dividends hit third quarter record - $431.1bn

Global aviation leaders and researchers shape industry vision at Emirates Aviati ...

Emirates redefines travel retail in Southeast Asia, launches first Emirates Worl ...

Mohammed Bin Rashid Library Organises an Interactive Workshop to Explore The Gol ...

Join Asha's on a culinary journey to celebrate UAE's glorious 53rd National Day!