Bybit | ForkLog

ForkLog 44 21.02.2025

CryptoRank: Binance and Bitget Lead in Spot Market Liquidity Depth

Analysts at CryptoRank compared the liquidity depth in the spot and futures markets of five centralized exchanges: Binance, Bitget, Bybit, MEXC, and OKX. The study revealed how effectively these platforms handle large market orders, minimizing price slippage. In the spot market, Binance leads the ranking by a significant margin, particularly in trading pairs with Bitcoin […]

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ForkLog 16 20.02.2025

Former Bybit Payroll Provider Employee Sentenced for $5.7 Million Theft

A former employee of Wechain Fintech, responsible for processing salaries for Bybit, has been sentenced to 9 years and 11 months in prison for embezzling $5.7 million, mostly in cryptocurrency, reports The Straits Times. Between May 31 and August 31, 2022, the woman made fraudulent entries in Excel files, adding fictitious payments supposedly owed to […]

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ForkLog 7 10.01.2025

Bybit suspends services in India

The cryptocurrency exchange Bybit warned of temporary restrictions for users in India. They take effect on 12 January. According to the notice, clients will be unable to open accounts, trade cryptocurrencies or use other products. The firm said the move reflects its desire to operate “in full compliance with all applicable rules and regulations”. “In […]

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ForkLog 54 30.12.2024

Malaysia Prohibits Bybit’s Operations

The Securities Commission of Malaysia (SC) has accused the bitcoin exchange Bybit of operating without a license and ordered it to cease all operations by December 25. In compliance with the requirements, the trading platform has disabled its website, mobile applications, halted advertising in the country, and closed its Telegram support group for Malaysians. The […]

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ForkLog 16 18.12.2024

Bybit to Halt Withdrawals for French Users

The cryptocurrency exchange Bybit has informed its users in France of the cessation of all services from January 8, 2025. The company attributed this decision to changes in local legislation. Affected users have been advised to withdraw their assets before the service termination. After the withdrawal closure, all accounts with assets of 10 USDC or […]

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ForkLog 12 28.10.2024

FTX Withdraws Lawsuit Against Bybit in $228 Million Settlement

The bankrupt cryptocurrency exchange FTX has withdrawn its lawsuit against Bybit, its executives, and its investment arm Mirana as part of a settlement that will secure approximately $228 million for future creditor compensation, reports The Block. Negotiations spanned several months. The settlement entails FTX reclaiming $175 million in cryptocurrencies held on Bybit and selling over […]

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ForkLog 17 03.10.2024

Bybit Lists Perpetual Contracts Based on Stock Indices

The cryptocurrency exchange Bybit has expanded its range of available instruments by adding perpetual contracts based on popular stock indices, settled in USDT. These include: China A50 Index Cash CFD (USD); Dow Jones Index Cash CFD (USD); NAS100 Cash; Nikkei Index Cash CFD (JPY); Hang Seng Index Cash CFD (HKD). Leverage ranges from 20x to […]

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ForkLog 78 24.09.2024

Crypto plastic: what bitcoin cards are, how they work and why they matter

Crypto cards are debit or credit cards that let you pay for purchases with digital assets. At the point of sale, the assets are converted to fiat instantly. Here we outline the benefits of this payment tool and five options on the market. Benefits of crypto cards Typically, investors hold bitcoin and other assets in […]

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ForkLog 17 24.09.2024

Bybit Introduces World’s First Shariah-Compliant Crypto Account

The cryptocurrency exchange Bybit has launched the world’s first Islamic cryptocurrency account, adhering to Shariah law. Clients can access spot trading with 75 tokens and two trading bots. World first Crypto Islamic account is now fully live on Bybit. Shariah-Compliant and Initial offerings include spot trading (limited to 75 Shariah-compliant tokens), DCA trading bot, and […]

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ForkLog 11 03.09.2024

Hamster Kombat Pre-Market Trading Volume Surpasses $2 Million on Bybit and OKX

The trading volume of pre-market futures for Hamster Kombat (HMSTR) on cryptocurrency exchanges Bybit and OKX has exceeded $2 million USDT. Bybit launched trading in July, followed by OKX in August. In comments to ForkLog, the OKX team highlighted the growing user interest in the token, with HMSTR’s daily trading volume reaching nearly $115,400 USDT. […]

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ForkLog 16 02.09.2024

K33 Research Unveils Underreported Liquidation Volumes on Major CEXs

Data on liquidations from centralized cryptocurrency exchanges are “bogus” and significantly underrepresent actual volumes, according to senior analyst at K33 Research, Vetle Lunde. Did you know? Liquidation data from exchanges are bogus and a vast underrepresentation of actual liquidation volumes in the market. To provide a “fair trading environment” (Bybit, Sep 2021) and to “optimize […]

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ForkLog 15 02.08.2024

Bybit to Cease Operations in France

The Bitcoin exchange Bybit announced its withdrawal from the French market. Starting from August 2 at 8:00 UTC, local users will no longer be able to open or add new positions. All Bybit products are included in this restriction, according to the company’s release. All remaining positions are subject to liquidation after August 13 at […]

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