blockchainreporter
  • News
    • Altcoins
    • Bitcoin
    • Blockchain
    • Ethereum
    • Adoption
    • NFT
    • DeFi
    • Metaverse
  • Education
  • Glossary
  • Advertise
No Result
View All Result
Bet Now
blockchainreporter
  • News
    • Altcoins
    • Bitcoin
    • Blockchain
    • Ethereum
    • Adoption
    • NFT
    • DeFi
    • Metaverse
  • Education
  • Glossary
  • Advertise
No Result
View All Result
blockchainreporter
Bet Now
No Result
View All Result
Bitcoin
BTC
1d:
7d:
Ethereum
ETH
1d:
7d:
Polkadot
DOT
1d:
7d:
Solana
SOL
1d:
7d:
Ripple
XRP
1d:
7d:
Shiba INU
SHIB
1d:
7d:

Bybit Integrates More Than 35 Chainlink Price Feeds, and Chainlink Keepers Get Integrated by Elongate

Umair Younas by Umair Younas
July 21, 2022 - 7:19 am
in blockchain news, altcoins news, sticky
0
bybit chainlink
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Bybit has declared to have integrated up to 35 Chainlink Price Feeds on the mainnet of Polygon (a venue for spot trading). Bybit is among the most rapidly expanding crypto exchanges throughout the globe, with nearly 6M registered consumers, while Chainlink is considered the biggest network of decentralized oracles across the globe.

Up to Thirty-Five Chainlink Price Feeds Integrated with Bybit

There are numerous trading pairs of derivatives and spot indices on the Bybit exchange. The platform comprises an exchange of digital assets and a marketplace for non-fungible tokens (NFTs) along with the provision of access to DeFi yield. Several people think of Chainlink Price Feeds to be the industry standard that is decentralized and secure, and they have been introduced on more than one prominent blockchain. During some of the recent months, both Moonbeam and Solana have witnessed Chainlink Price Feeds to be going live.

The group of Bybit, in its blog post, referred to price volatility throughout several trading pairs, labeling it as the chief reason behind the present integration of Chainlink. The group anticipates that an improvement will be witnessed in the digital assets’ exchange rates and the general price stability with Price Feeds of Chainlink. Bybit’s CEO and co-founder, Ben Zhou, stated that they are always pursuing ways to make significant improvements to the price accuracy of Bybit and transparency in the case of spot trading.

He added that the respective features reinforce an advanced consumer experience in the venue while elevating the confidence of the customers in the exchange. Zhou was of the view that with the help of the Chainlink Price Feeds’ integration, the clients are provided with additional clarifications that they utilize the real-time data of fair-market price while trading their assets. The venue also offers a further protection layer when extreme cryptocurrency market conditions take place.

Elongate Declares Integrating Chainlink Keepers

Another declaration related to Chainlink was made by Elongate (known as a social impact and social media venue that has reportedly spent $3.7M on good causes. According to the declaration of Elongate, they have integrated Chainlink Keepers on “Burn.Party” (their local venue). “Burn.Party” counts to be the venue of a multi-chain decentralized community token called “Burn.” It has carried out the integration of Keepers for the support of Token Burn Party’s economic and secure automation as well as the delivery of the entirety of the pledged tokens.

Recently, Bybit has started a collaboration with Actant (a provider of trading solutions). The respective collaboration will permit the expert traders to be benefited from the most effective trading instruments. As a result, the quoting, automation, trading, as well as risk solutions provided by Actant are at the moment accessible on the broad derivatives venue of Actant. The partnership offers significant trading solutions. A broad list of services Is now accessible, taking into account hedge funds, investment banks, market-making as well as proprietary trading.

Tags: BlockchainBybitChainlink
ShareTweet
Umair Younas

Umair Younas

Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.

Recommended For You

Binance Launches Tax Reporting Tool to Aid Crypto Users on Upcoming Tax Season

by Samuel Edyme
February 6, 2023 - 2:11 pm
0
Binance

While the reporting of tax can be quite stressful, Binance has come to the aid of crypto users by launching a tax reporting tool called ‘Binance Tax.’ 

Read more

Factor DAO Announces a Collaboration and Integration with Plutus DAO

by Umair Younas
February 6, 2023 - 12:09 pm
0
factor dao plutus dao

Factor DAO mentioned that they are integrating Plutus DAO and other such assets to let protocols optimize the products offered by them.

Read more

Hodlnaut Sees New Potential Buyers

by Kester Odero
February 6, 2023 - 10:30 am
0
Hodlnaut

Holdanut could be selling amid post FTX crisis. Potential buyers have presented an affidavit to judicial managers on the acquisition deal.

Read more

OKX Occupies 2nd Spot in Transparency, Says Coinglass

by Umair Younas
February 6, 2023 - 10:00 am
0
OKX

Coinglass discloses that the second spot has witnessed OKX for a short time. Nonetheless, Bitfinex remained successful in outperforming its rival.

Read more

South Korea’s Financial Services Commission Issues Guidance on Security Tokens

by Mushu Butt
February 6, 2023 - 9:36 am
0
FSC

South Korean regulator has issued guidelines about which types of digital assets would be classified and regulated as securities in the country.

Read more
Next Post
south korean government

South Korean Government Defers Taxation of Crypto Assets Until 2025

PARTNERS LIST

PRESS RELEASE

The Future of DAOs Takes Center Stage in Tel Aviv

by chainwire
February 6, 2023 - 8:00 am
0

Tel Aviv, Israel, 6th February, 2023, ChainwireThe DAOVOZ collective is excited to announce the inaugural DAOVOZ Tel Aviv event on...

Game Space Powers Web3 Gaming With the Launch of Player One Tournament, Aligns Partnership with Splinterlands, Gods Unchained and Big Time

by Max Clark
February 3, 2023 - 12:00 pm
0

For Player One Tournament, Game Space will continue to cooperate with more public chains, various gaming guilds, Web3 Infra, Web3...

Metacade presale investment rockets past $5 million as GameFi investors hurry to buy remaining MCADE tokens

by chainwire
February 2, 2023 - 3:38 pm
0

London, United Kingdom, 2nd February, 2023, ChainwireThe Metacade presale is selling out fast with stage 3 coming to a close...

Snowfall Protocol

Joe Biden Reveals Game-Changing Crypto “Roadmap” after $2 Trillion Bitcoin (BTC) and Ethereum (ETH) Crash! Snowfall Protocol (SNW) Still the Top Pick for 2023

by Josh Fernandez
February 2, 2023 - 9:23 am
0

A perennial problem that has dogged the crypto world – and one that Snowfall Protocol (SNW) aims to address –...

BlockchainReporter is a trusted name in the cryptocurrency and blockchain technology news space, keeping its readers abreast of the latest and most significant trends in the industry.

Here at BlockchainReporter, our team of global writers is dedicated to providing price analysis on leading cryptocurrencies and covering the latest developments pertaining to bitcoin news, altcoins news, blockchain news, NFT news and cryptocurrency adoption news from around the world.

News

  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • Adoption
  • NFT
  • DeFi
  • Metaverse

Info

  • Education
  • Glossary
  • Market
  • Press Release

Company

  • About Us
  • Terms & Conditions
  • Advertise
  • Sitemap
  • Contact

@2022 – Blockchainreporter.net. All Right Reserved.

No Result
View All Result
  • News
    • Altcoins
    • Bitcoin
    • Blockchain
    • Ethereum
    • Adoption
    • NFT
    • DeFi
    • Metaverse
  • Education
  • Glossary
  • Advertise

@2023 - Blockchainreporter.net. All Right Reserved.