Bybit, international talks on the future of digital economy
On September 22, the 2018 Digital International Economy Fair, the first national event related to digital economy, went live in Shijiazhuang, Hebei Province. It ended in resounding success as thousands of companies and guests, from all four corners of the world, attended the event.
Attracting over 100.000 visitors over a period of three days, the event ended on September 22 with guests from over 15 countries, on 4 continents, attending the event. Many technology giants, such as Ali and Tencent, were present and several thousands technology companies showcased their latest products in booths, gave speeches. and presentations. Over 300 domestic and foreign media, including CCTV, reported on the event and eminent guests such as Blockstream CEO, Adam Black; EOS co-founder; Tencent General Manager, Cai Yige and other industry representatives. One of the stars of the event was of course the applications of Blockchain technology and it’s most famous use the cryptocurrency market.
Cryptocurrency and financial experts from all over the world were present at the event and many were invited in separate meeting rooms to assist at private presentations introducing blockchain and cryptocurrency technologies. One of the presentation that garnered the most interest was that of Bybit. Bybit is a cryptocurrency derivatives exchange that aims to bring about a change in today’s cryptocurrency market and provide the most professional, user friendly, safe, and reliable platform to date.
Bybit’s global business development manager, Vasco, introduced Bybit’s trading platform to an audience of attentive finance specialist. Vasco explained in details the solutions Bybit offers to the problems currently plaguing the cryptocurrency market. He then went on to give details regarding the differences between Bybit and it’s main competitors such as Bitmex or Okex; namely, perpetual contracts, security issues, UI design, and demo accounts.
When thinking about cryptocurrency derivatives exchanges one of the major concerns is security. As large volume of money circulate through exchanges every day; it needs to be kept safe at all time, and platforms may need to defend themself against attacks by malicious third parties. Manwu, industry’s most famous security company, joined Bybit’s core technical experts team in the development of Bybit’s exchange platform; providing top-of-the-line security features able to cope with the latest attack methods. Periodically tested by Manwu, Bybit offers the best cryptocurrency has to offer in terms of protection. One of Bybit’s best security feature is its use of a muti-signature wallets to keep traders’ assets and profits safe at all time.
Another growing concern in the cryptocurrency market is the growing number of exchanges with illegible or packed UI designs that make trading feel very counter-intuitive and require extensive previous knowledge of trading. A shining example of user friendly UI, Bybit’s platform focuses on clarity and intuitiveness to display only the most relevant information while making sure all the necessary features and orders are just a click away. Bybit also offers a larger variety or trading orders all accessible and customizable in one click from its trading order interface.
Another exciting feature offered by the platform is the possibility to open a demo account; demo accounts allow traders to simulate the opening and closing of positions using real world data to test out their strategies without risking their assets. A perfect tool to all those looking to train, plan out strategies, or simply hone their skills before starting to trade; a tool sadly not proposed by any of the other major exchanges, such as Bitmex or Bitfinex, as of today.
Bybit will continue to appear in event related to technology, blockchains, digital payments, and cryptocurrencies as it prepares to the launch of its platform at the end of this year.
About Bybit
Bybit is a Cryptocurrency Derivatives exchange that aims to bring about a revolution in today’s cryptocurrency market by combining the best of cryptocurrencies and traditional finance.
Headquartered in Singapore, Bybit is composed of top financial and software development experts that aim to guide the future of cryptocurrency towards a safer, more reliable, fairer, and user friendly trading platform.
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