Futures trading volume on Bybit_Official spikes to $13.8 billion despite bearish recession w/ benbybit Bybit $BIT
As covered by U.Today previously, Bybit unveiled a unified trading account to streamlines the trading experience for all of its clients and ease their risk management.Bybit CEO Ben Zhou is excited at how his team went through all of the learning experiences of a prolonged bear market in 2021-2022 and advanced the level of its services:
We're in an interesting phase of the market cycle where we are seeing a sense of calm among investors and builders. For Bybit, not only are we confident in our ability to weather future downturns, but we have also proven that we can use the opportunities offered in a bear market to come out even stronger. Whatever the market and no matter the noise, we believe in quietly laying the foundation for growth by finessing our tech stack and mass adoption-ready infrastructure.
In general, Ben Zhou still believes in the upcoming inflow of novel investors into crypto-related products in 2023. That is why all new products of Bybit are being developed with newbies in mind. To help a new generaton of investors enhance their understanding of crypto markets, Bybit recently released the Crypto Investor's Literacy Report.
This report is an attempt to educate newcomers about the promises and challenges of the Web3 segment and the mainstream ways to benefit from its instruments.
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