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 Revamps Broker Rebate Program to Introduce New Reward System

Samuel Edyme by Samuel Edyme
January 10, 2023 - 2:19 pm
in altcoins news
0
bybit
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

In continuation of its mission to be innovative, Bybit, one of the largest crypto exchanges, has done it again in refinement by launching its newly revamped broker rebate program to create new rewards for the crypto industry.

Per a press release, the reward, which is an increase from the previous reward systems, will boost the exchange’s deep liquidity and maintain minimal slippage on its spot trading platform.

Details On The ByBit’s Revamped Broker Program Reward System 

The rewards are generated from Bybit’s spot trading fees generated from the broker platform. They are given back to users via a 100% rebate which is the highest ever percentage for any cryptocurrency exchange in the market today. 

By providing an incentive just like this, Bybit stated that it’s supporting new and current brokers in the industry to create a mutually beneficial arrangement, which pushes for more liquidity and benefits for all traders. 

In addition, given the high percentage payout of 100%, Bybit has stood out from other crypto exchanges in terms of rewards and incentives.

Ben Zhou, co-founder, and CEO of Bybit noted, “with this best-in-market, 100% rebate offer for our spot trading platform, Bybit again demonstrates our commitment to supporting brokers and creating a mutually beneficial arrangement for all.” Adding that, the incentive enables traders to benefit from accurate spreads and boosts their performance on the Bybit platform.

Furthermore, Bybit’s broker program provides expert traders utilizing the use of API key to trading the opportunity to leverage crypto trading solutions and gain some advantage in a competitive marketplace. 

Brokers will benefit from open API functions that will provide their desired needs with a higher API key security solution. Brokers can also access more than 300 spot pairs using Bybit’s high-frequency trading engine, which provides data every 20 milliseconds and has experienced 99.99% system uptime.

Tags: BybitCryptoExchangeTrading
ShareTweet
Samuel Edyme

Samuel Edyme

Edyme is a mysterious figure in the world of crypto, a writer who has explored every aspect of the blockchain. Some say he's a trader, others claim he's a hacker. His writing is like a key to unlocking the secrets of the crypto world, and his words can move markets. Edyme's stories are like cryptographic puzzles, waiting to be solved. But who is he really? Some speculate that he's hiding behind a pseudonym, like the legendary Satoshi Nakamoto himself.

Recommended For You

Reliance Power Share Price Future Prediction 2025: Will RPOWER Stock Reach ₹100 In 2023?

by Shayan Chowdhury
June 6, 2023 - 3:30 pm
0
Reliance Power Share Price Future Prediction 2025

Our Reliance power share price future prediction 2025 aims to dive deeper into RPOWER stock’s future potential and current market conditions. 

Read more

SEC Takes Legal Action Against Binance and CEO Changpeng Zhao: What Led to the Lawsuit?

by Mushu Butt
June 6, 2023 - 10:40 am
0
SEC

SEC sues Binance for securities law violations, fund diversion, and internal conflicts. Huge withdrawals follow as regulatory scrutiny intensifies.

Read more

Uwerx(WERX) Could Be a Contender to Chainlink(LINK) and Polkadot(DOT)

by Josh Fernandez
June 6, 2023 - 9:16 am
0

Discover Uwerx, the new crypto project with the aim of transforming the freelance industry, and how it aims to outdo Polkadot(DOT) and Chainlink(LINK).

Read more

Markets Dip Ahead of Binance Wrangle with SEC

by Kester Odero
June 6, 2023 - 8:26 am
0
binance bnb

Today's market session has been rather bearish as markets dip ahead of a CFTC complaint issued on Binance that might have sparked some FUD.

Read more

The Pros and Cons of Online Casinos: Debunking Myths and Uncovering Truths

by Mushu Butt
June 5, 2023 - 8:24 pm
0
casino

Uncover the truth about the best USA online casinos as we debunk myths and explore the pros and cons of online casinos. Enhance your experience today!

Read more
Next Post
IMGotjsLPft

Cointelegraph has launched an Accelerator program for innovative Web3 startups

PARTNERS LIST

  • sp
  • Coingecko

PRESS RELEASE

BJaoVqYT

BinaryX and AiGC Labs Developing First AI-Powered Virtual Reality Game on the Metaverse

by Chainwire
June 7, 2023 - 4:06 am
0

Singapore, Singapore, June 7th, 2023, ChainwireBinaryX today announced their plans to expand into Virtual Reality (VR) and Artificial Intelligence Game...

CatalystiuGIbVuck

CoinMarketCap Web3 Conference “Catalyst” Early-Bird Registration Now Open

by Chainwire
June 6, 2023 - 4:48 pm
0

London, United Kingdom, June 6th, 2023, ChainwireCoinMarketCap’s flagship Web3 conference "Catalyst" has opened early-bird registration. The conference will take place...

blockchain wave conference

Blockchain Wave 2023

by Max Clark
June 6, 2023 - 2:47 pm
0

Blockchain Wave 2023: Join us in Antalya, Turkey for the biggest annual blockchain summit, featuring industry-leading speakers, and innovative startups.

photox

Coinbase and OpenSea Struggle to Keep up with HedgeUp (HDUP) Asset Backed NFT Platform

by Max Clark
June 6, 2023 - 12:29 pm
0

Explore HedgeUp's (HDUP) innovative asset-backed NFT platform that's reshaping digital assets and challenging leaders like Coinbase and Opensea.

n

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