Bybit Announces A Partnership With SignalPlus

Twitter icon  •  Published il y a 1 an  •  Hassan Maishera

Crypto exchange Bybit has announced its partnership with SignalPlus to provide a next-level trading experience for Bybit users.

Bybit, one of the world’s fastest-growing cryptocurrency exchanges in the world, announced that it had entered a partnership with SignalPlus, a leading enterprise technology company offering options trading for digital and crypto assets.

The partnership will see SignalPlus provide a next-level trading experience for Bybit users. Bybit said its partnership with SignalPlus is the first time a cryptocurrency exchange has partnered with the firm.

The partnership entails the development of a customized options-centric dashboard platform built for professional options traders seeking to access global liquidity and optimize their trades. It will also see the development of an AI-powered options trading robot that can fully automate market making and risk hedging by SignalPlus. These features would be Tailor-made for Bybit users and aim to enable traders to maximize their capital efficiency with their unified margin accounts.

Bybit said it remains the only cryptocurrency exchange currently offering USDC options trading and settlement, allowing users to trade cryptocurrency options conveniently using the stablecoins. 

Recently, the cryptocurrency exchange expanded its range of crypto options to include Ether (ETH) and Solana (SOL) contracts. Bybit said this partnership would elevate trading on its platform to the next level, and position both market leaders at the forefront of the industry.

Commenting on this latest development, Ben Zhou, co-founder and CEO of Bybit said;

“Considered as the standard bearer for crypto options, SignalPlus will be an excellent tool for our users to elevate their trading experience. We look forward to bringing our products and services to the next level with this partnership with SignalPlus, and our users benefiting from its functionalities.”

Chris Yu, co-founder and CEO of SignalPlus, added that;

“We are very glad to be Bybit’s official partner in crypto options, an area we expect to see exponential usage growth and adoption over the next few years. Bybit is an absolute first-class exchange with an incredible tech infrastructure, which is the perfect companion to leverage SignalPlus’ proprietary tech offerings. Together, we aspire to be the leading platform to serve the industry’s crypto options needs, and we couldn’t be more excited about our immediate journey ahead.” 

Bybit is one of the most reliable, stable, and usable cryptocurrency exchanges, offering the best liquidity, whether in a bull or bear market.

Thanks to SignalPlus’ institutional-grade and integrated options platform solutions, Bybit’s significant market depth and best-in-class liquidity can help ensure traders the best quote and best execution even during extreme volatility, allowing them to go further in trades and enjoy maximum profitability, the team added. 

The low Bybit fees make it one of the fastest-growing cryptocurrency exchanges at the moment. Furthermore, Bybit reviews have generally been positive, as the exchange has provided traders with the necessary tools to trade successfully.

Bybit is a cryptocurrency exchange that was launched in 2018 and offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support.

SignalPlus was launched in 2021 and is a technology company looking to develop an open, accessible technology platform to democratize and empower proficient crypto options trading for users of all levels. 

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.