Latest news with #ChainwireBybit
Business Insider
5 days ago
- Business
- Business Insider
Bybit Unveils Revamped App to Power the Next Billion Crypto Users
Dubai, UAE, August 5th, 2025, Chainwire Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced a significant update to its mobile app. This update is part of its broader #IMakeIt rebranding initiative and introduces a refreshed design, improved functionality, and a more personalized experience for both new and experienced traders. Refreshed Look and Improved Navigation The updated app features a high-contrast design, simplified icons, and a streamlined layout that makes navigation faster and more intuitive. These changes bring a cleaner, more modern feel to the platform, making it easier for users to explore, trade, and manage their assets on mobile. The redesign reflects Bybit's new brand message, 'I Make It Possible,' which places user experience at the core of the platform's evolution. Bybit Lite: Built for Beginners One of the standout features of the update is Bybit Lite, a simplified mode designed for users new to crypto. It includes: A clean, easy-to-use interface One-click trading for Bitcoin, Ethereum, and other major assets Step-by-step guidance throughout the process Users can easily switch between Lite and Pro modes depending on their comfort level. Despite its simplicity, Lite users still get access to the full range of promotions. This includes a $100 welcome bonus after verification and first deposit, as well as opportunities to earn up to $5,000 through trading missions and referral programs. All rewards are applied automatically without requiring manual claims. Pro Mode: Tools for Advanced Traders Pro Mode is tailored for experienced users who need more advanced tools. Key features include: An upgraded trading interface with quicker access to Spot, Derivatives, and TradFi markets Integrated tools like copy trading, trading bots, and ChatGPT-powered strategy assistance Customizable homepages for faster access to frequently used functions This mode offers the depth and flexibility needed by serious traders while maintaining ease of use. Smarter Earning with More Transparency The updated My Page screen offers smoother navigation and introduces a new Usage History tool for tracking platform activity. The Bybit Earn section has also been reorganized into three distinct paths: Easy Earn for flexible, beginner-friendly options, On-Chain Earn for decentralized opportunities, and Advanced Earn for high-yield strategies. A new Earn Profile displays idle and invested assets side by side. Additional features like Batch Redeem and enhanced order tracking give users greater control and visibility. A Platform Ready for What's Next Bybit's upgraded app goes beyond cosmetic changes. It represents a long-term commitment to building a user-first, transparent, and intelligent trading platform. Whether you're just starting with crypto or actively managing a complex portfolio, the new Bybit App is built to support every stage of your journey. The upgraded Bybit App is now live for Android and iOS. About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Contact Head of PR Tony Au Bybit
Business Insider
01-08-2025
- Business
- Business Insider
Bybit & Block Scholes Report: BTC and ETH Options Reflect Bearish Tilt Despite Strong Funding Rates
Dubai, UAE, August 1st, 2025, Chainwire Bybit, the world's second-largest cryptocurrency exchange by trading volume, has released the latest edition of its Crypto Derivatives Analytics Report in partnership with Block Scholes, delivering deep insights into market sentiment and structural dynamics across major tokens including BTC, ETH, and SOL. Despite consistently positive funding rates in perpetual futures markets, short-term BTC and ETH options are flashing early bearish signals, suggesting growing caution among traders amid a dip in spot prices. Key Insights: Bearish Divergence in Derivatives: Short-tenor options on both BTC and ETH have moved toward volatility premiums for out-of-the-money (OTM) puts, pointing to a bearish-to-neutral stance. This contrasts with the bullish bias seen in perpetual swaps, where funding rates have remained positive since early July across BTC, ETH, DOGE, and XRP. BTC Faces Resistance at $120K: BTC has remained range-bound between $115K–$120K, briefly touching the lower bound on July 25 after a major sell-off of 80,000 bitcoins linked to a Satoshi-era wallet. Open interest in BTC and altcoin perpetuals surged past $15.5B on the same day, underscoring heightened trading activity. ETH Holds Ground as Options Bullishness Cools: ETH continues to outperform BTC in spot markets, gaining 3.5% over the past week and hovering just below $3,800. While options volume remains strong at over $120M, the market is showing signs of cooling—implied volatility has compressed to 64%, and the skew on 7-day options has shifted to -3.6%, hinting at tempered bullishness. Still, long-term sentiment remains supported by consistent ETF inflows, with $218.6M added to spot ETH ETFs on July 29 alone. Altcoin Season Stalls: Hopes of an altcoin breakout faded this week as profit-taking set in. SOL saw a 9% weekly decline alongside an inverted options term structure. XRP and DOGE—previous outperformers—fell 11% and 10% respectively, despite briefly surging on news of the GENIUS Act passage in the US. TRON and ETH bucked the trend, gaining 5% and 3%, respectively. For detailed insights, readers may download the full report. #Bybit / #TheCryptoArk / #BybitLearn About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Contact Head of PR Tony Au Bybit
Business Insider
30-07-2025
- Business
- Business Insider
Bybit Smart Money Report: Smart Money Flows Into ETH, SOL, and RWA-Concept Altcoins as Stablecoin Balances Decline
Dubai, United Arab Emirates, July 30th, 2025, Chainwire Bybit, the world's second-largest cryptocurrency exchange by trading volume, has released a new Smart Money Report. The analysis focuses on institutions' and influential traders' digital asset allocation and trading strategies, often ahead of the curve, to unlock insights on wider narratives that move markets. Equipped with professional analysts and solutions, institutional and leading crypto investors' decisions come to be known as smart money moves. Based on their holding and trading data, ETH has become an institutional crowd favorite, while SOL might be reversing its course of underperformance in the current rally. The emerging theme of real-world asset (RWA) has come to dominate the DeFi narratives, prompting assets like ONDO onto a bullish track. Key Insights Smart money holds onto ETH, BTC, and select altcoins: the report highlights portfolio balances of ETH, BTC, ONDO, UNI, and WLD, citing the main drivers behind each asset. The diverse holdings reflect a wide array of considerations for professional and institutional investors from DeFi trends to regulatory tailwinds. Top movements by the pros - trading highlights: Whales are piling up on ETH as SOL-related derivatives are on the rise. Key movements indicated institutional interest in a range of altcoins while AVAX suffered downward pressure. Stablecoin balances across exchanges trending down: Major cryptocurrency exchanges are recording decreasing levels of stablecoin reserves, collectively at a 3-month low. This is interpreted as risk-on sentiment as investors were deploying funds and entering active trading mode. Source: Nansen #Bybit / #TheCryptoArk / #BybitReport About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Contact Head of PR Bybit
Business Insider
25-07-2025
- Business
- Business Insider
Bybit Amplifies xStocks Offerings with 150,000 USDT Prize Pool Campaign
Dubai, United Arab Emirates, July 25th, 2025, Chainwire Bybit, the world's second-largest cryptocurrency exchange by trading volume, is celebrating xStocks' rising popularity on Bybit Spot with a new campaign, offering users the opportunity to share in a 150,000 USDT prize pool. The inclusion of tokenized U.S. equities and ETFs has expanded access to global markets for Bybit users. From now until August 15, 2025, 10AM UTC, eligible Bybit users can register for the event for a chance to win extra gains while trading xStocks: Token Splash: Users can deposit and trade xStocks to compete for their share of the 100,000 USDT prize pool. Easy Earn: Participants stake xStocks and earn up to 200% APR with capital protection, combining equity exposure with DeFi yield opportunities. xStocks represents a new class of tokenized assets, with each token backed 1:1 by real-world shares held in custody by the issuer, providing users with genuine exposure to equity markets. Bybit offers a curated selection featuring diverse sectors including technology, financial services, electric vehicles, and blockchain, with 10 tokens such as AAPLX, NVDAX, AMZNX, GOOGLX, COINX, TSLAX, and METAX. These assets are transferable and compatible with Ethereum (ERC-20) and Solana (SPL). The new way to access traditional markets offers several key advantages for Bybit users: Affordable fractional ownership significantly lowers entry barriers 24/7 trading enabled by on-chain liquidity and global accessibility Portfolio diversification through tokenized versions of traditional assets Combining equity exposure with DeFi opportunities Terms and conditions apply. Access to xStocks on Bybit is subject to regional and other restrictions. To learn more about the fundamentals and performance of xStocks tokens, traders can check Bybit's Trade GPT for insights: TradeGPT - xStocks #Bybit / #TheCryptoArk About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at For media inquiries, please contact: media@ Contact Head of PR Bybit
Business Insider
24-07-2025
- Business
- Business Insider
Bybit Amplifies Web3 Crypto Lifestyle in Careem App, Launching MENA Marketing Campaign
Dubai, United Arab Emirates, July 24th, 2025, Chainwire Bybit, the world's second-largest cryptocurrency exchange by trading volume, continues to deliver on the promise of borderless crypto lifestyle in a massive wave of Web2 partnerships. Starting in MENA, where its Dubai headquarters is based, Bybit is connecting the dots between Web2 and Web3 with a variety of local partners. The campaign seamlessly integrates crypto into real-world experiences. From gaming lounges to concert venues, sports stadiums to restaurants, and ride-sharing services, Bybit is creating an ecosystem where as accessible as—and potentially more rewarding than, traditional payment methods. These partnerships span entertainment, music, culture, sports, dining, and transportation, allowing crypto assets to empower lifestyle choices. Starting in June, MENA users are introduced to the Bybit brand through advertisements within Careem, the region's most-loved super app. These coordinated ads invite current Bybit users and potential new joiners to discover exclusive deals and offers available directly through Bybit's platform. Bybit's crypto-native services and payment solutions can be accessed via Bybit's app and website, encouraging users to explore how digital assets can enhance their everyday experiences throughout an exciting summer. Powered by Bybit: Crypto as a Lifestyle Leading in financial innovation, Bybit has been committed to shaping the future of crypto to the needs of its customers. It has evolved beyond a marketplace for crypto trading into a lifestyle choice. The partnership with Careem is the latest addition to Bybit's global footprint in collaborations: in Dubai, Bybit Card holders enjoy up to 30% off in services and room rates at the Grand Millennium Dubai; the golden city's Dubai Multi Commodities Centre (DMCC) is a long-term partner of Bybit in innovation and blockchain education. The Bybit Card also unlocks perks everywhere for its users from airport lounges to AI co-pilot subscriptions. 'Our local partners represent some of the most popular lifestyle choices in each community,' said Claudia Wang, Head of Marketing at Bybit. 'We are grounded in customer-centricity: there is no real boundary in 'old-school' and Web3 marketing. We are everywhere our customers want us to be. Bybit as the brand is visible, accessible, and relatable across touch points,' she shared on the philosophy of the campaign. The range of partnerships and local promotions are expected to cover more regions in the coming months. Over 70 millions of Bybit users possess first-mover advantage as early investors of 'smart money', and the onchain economy stands to provide them a path to financial freedom and elevated way of life. Whatever their needs, their crypto goals are achievable on Bybit's versatile platform for trading, custody, wealth management, payments, and Bybit-only rewards. The new campaign represents Bybit's commitment to making crypto adoption effortless and rewarding through localization, positioning the MENA region as a testing ground for the future of integrated digital finance. #Bybit / #TheCryptoArk About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Contact Head of PR Bybit
