STATEMENT: Bybit introduces smart leverage, offering users unprecedented control

(Information sent by the signatory company).

STATEMENT: Bybit introduces smart leverage, offering users unprecedented control

(Information sent by the signatory company)

- Trade volatility smartly: Bybit introduces smart leverage, offering users unprecedented control and no liquidation

DUBAI, UAE, March 27, 2024 /PRNewswire/ -- Bybit, one of the world's top three cryptocurrency exchanges by volume, is pleased to announce Smart Leverage, its latest structured product under the Bybit Earn brand, aimed at enabling cryptocurrency traders to take advantage of emerging market opportunities in anticipation of the upcoming Bitcoin halving.

Smart Leverage allows traders to take highly leveraged positions (up to 200x) with full liquidation protection until the liquidation date. This way, users can trade short-term volatility for Bitcoin (BTC) and Ether (ETH) without needing to worry about sudden price movements closing out their positions.

Smart Leverage is a structured product with no principal protection that allows traders to capitalize on sharp price movements, such as a V-shaped recovery. By allowing traders to take profits at any time, users can amplify their potential profits and trade market volatility more easily.

Smart Leverage Key Features:

"We are delighted to introduce Smart Leverage, a unique offering that solidifies Bybit's position as a pioneer in the sector," said Ben Zhou, Co-Founder and CEO of Bybit. "Our ultra-fast comparison engine and elegant user interface have made us home to traders around the world, and we continue to offer world-class products to best meet their needs."

About Bybit

Bybit is one of the world's top three cryptocurrency exchanges by volume, with over 25 million users. Founded in 2018, Bybit offers a professional platform where cryptocurrency investors and traders can find a lightning-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of the reigning Formula One Constructors and Drivers champions: the Oracle Red Bull Racing team.

For more details about Bybit visit: Bybit Press.For media inquiries contact: media@bybit.com For more information visit: https://www.bybit.com For updates follow: Bybit communities and social media

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