- Bybit reaches 10 million users, generally Bybit is popular for having quality traders
- Bybit customers will incur zero fees for all spot crypto trading to enjoy this milestone
- The exchange will reward users with 3 different promotional perks
- Bybit will expand their USDC spot trading.
India’s one of the best crypto exchanges, Bybit, waives trading fees to make crypto as accessible and inclusive as possible.
Bybit, popular for having the best UI/ UX for advanced trading, has introduced a feature that will have zero fees for all spot trading. It is a move seen as too good to be true and all the investors were eager to see if it’s really happening which happens to be true now. The platform, which marked a ten million user milestone, says waiving fees is for the good of its customers. This particular move will be helpful for big countries like India, Brazil and others to have a mass adoption and will also make crypto trading affordable.
“Celebrate 10 million Users With 0 Fees on Spot and More Amazing Perks,” Bybit made a clear declaration in its website which is a clear advantage over other exchanges and Bybit is leading the example here. ”The past eight months have been rocky for the crypto industry, but amid the doom and gloom, we continue to buckle down and BUIDL. On this note, we’re extremely proud to hit our next milestone, a strength of 10 million users and counting” Ben Zhou, CEO of Bybit said.
The Benefits of Bybit Zero Fees
With its zero-fee spot trading feature, Bybit reveals its difference and quality in one more area. Almost all crypto exchanges and sites charge transaction fees and take commissions. These fees can quickly add up as the transaction volume increases, which decreases the potential upside of crypto trades. Now, through the Bybit cryptocurrency exchange platform, you can enjoy making spot orders for free with zero commission and transaction fees, essentially increasing the profitability of your trades.
The zero spot fee promotion complements Bybit’s existing low-cost crypto and NFT trading structure, which has undoubtedly played a large role in helping the exchange reach 10 million users in the first place.
Bybit revamps VIP status requirements
On Bybit, you can become a VIP member and receive the first news from your private manager in all situations, such as newly released coins, airdrops, and NFT events. In addition, the Bybit VIP 1 status offers incredibly discounted transaction fees.
Thanks to the newly unveiled changes, Bybit requires users to have an investment of ‘50,000 USDT’ or more to become a VIP 1 membership.
Earn 12% APY with Bybit’s investment suite
In addition to zero fees promotion and VIP program revamp, Users can now look forward to earning up to 12% APY on their USDT deposits, and high returns on BUSD, DAI, BTC, ETH, and BIT savings.
Earn upto 30% trading Fees by becoming Bybit Affiliate
Bybit affiliate program is among the top 5 crypto affiliate programs worldwide, you can join anytime.
For more information about Bybit’s promotion, you can check the exchange’s official India Twitter.