Bybit adds crypto options trading as part of expansion plans

2022.04.27 14:21

Bybit adds crypto options trading as part of expansion plans

Singapore-based crypto exchange Bybit has recently announced its service expansion into crypto options trading, allowing users to trade USD Coin (USDC) options and perpetuals.

The Bybit media team told Cointelegraph that this decision to add options to the product line was in response to its community’s demands. Bybit noted that investors want to trade options because it can “serve as a hedge against existing risks and provide greater market exposure.” It also gives traders a way to diversify their portfolios.

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