Crypto derivatives platform Bybit has just announced the launch of spot trading, according to the press release shared with iHodl.
Starting July 15, 6 am UTC, Bybit users will be able to access a spot trading service without any maker fees.
At the moment, the platform allows spot trading of BTC/USDT, ETH/USDT, XRP/USDT and EOS/USDT pairs. However, it plans to add new trading pairs in the future.
Bybit co-founder and CEO Ben Zhou said:
"It has been Bybit’s utmost privilege to have enjoyed the ardent support of our community and partners as we continue to grow and improve. We are excited to bring with us to spot trading the world class liquidity and reliability derivatives clients have come to associate with Bybit."
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Spot trading will not be available to residents of the United States, mainland China, Singapore, Quebec (Canada), Iran, Syria, North Korea and other restricted jurisdictions.