Crypto trading platform ByBit has launched the public beta version of its USDT perpetual contract. The long-awaited launch was announced on their official twitter page with more details about the development revealed on its official blog.
According to Bybit, the launch of the USDT perpetual contract has been in development for the last month and a half and the trading platform had used part of its customers feedback to provide needed adjustments to the newly launched contract.
The USDT perpetual contract which is now live is expected to bring a new wave of trading to the platform as perpetual contracts are one of the major trading product demanded by many crypto traders.
ByBit integrates new trading interface
As part of the revamp on the beta testing version, ByBit has improved the user experience for traders by adding a simple and slick trading experience with new features. These features would help traders make trades faster and more conveniently with new trading charts and patterns.
Traders can now select to view the order book market depth at 0.5 and 1. This means that traders can now set up orders quickly, all in a click of a button. While there is also an optimized real-time display of take-profit and stop-loss in market order which mitigates traders risks from the volatile world of crypto trading
Bybit is a cryptocurrency derivatives trading platform established in March 2018 and registered in the British Virgin Islands. The trading platform has users across the world with the aim of simplifying derivatives trading for individual retail clients to professional derivatives traders.
Since its launch, the platform has grown rapidly and is regarded as one of the best derivatives trading platforms within the crypto industry. At the time of publication, the products on the platform include BTC/USD, ETH/USD, XRP/USD and EOS/USD perpetual contracts.