Bybit, the renowned cryptocurrency exchange ranked third in global popularity, made a significant announcement today. The platform revealed that professional options traders would now have the opportunity to unlock exclusive VIP tiers by leveraging their trading history from other platforms. This groundbreaking promotion enables new options traders to benefit from remarkably low maker and taker fees, reaching as low as 0.01%.
Bybit Options welcomes professional traders with open arms, offering them an immediate switch without the hassle of starting from scratch. Traders can seamlessly access the prestigious VIP and Pro tiers by leveraging their existing trading volume from other exchanges. What’s even more enticing is that Bybit rewards newcomers by granting them VIP/Pro levels two notches higher than their current status. This generous approach ensures that professional traders can effortlessly tap into the elevated benefits and privileges offered by Bybit Options.
Unlike its competitors, Bybit goes above and beyond by offering privileges that surpass the standard VIP+1 benefits. Eligible users can enjoy the exceptional advantage of VIP+2 privileges through Bybit’s enticing offer. For instance, traders who currently engage in options trading worth $100 million per month on another exchange, equivalent to the Pro1 level on Bybit, can seamlessly transition to Bybit and instantly upgrade to the Pro3 level. This not only grants them access to superior tiers but also significantly reduces their trading fees, presenting a highly lucrative opportunity.
Augmenting Earnings with Enhanced Opportunities
In a pioneering move, Bybit made history by introducing the world’s first USDC-settled options contracts for Bitcoin, Ether, and Solana last year. Following the European-style model, these innovative contracts seamlessly integrate with Bybit’s Unified Trading Account. This groundbreaking feature enables traders to execute complex positions effortlessly with just a single click, combining the options contracts with perpetual and other derivatives. Bybit’s forward-thinking approach empowers traders to explore new possibilities and engage in streamlined trading strategies within a unified platform.
Ben Zhou, Bybit’s co-founder and CEO, said: “Newcomers to Bybit will soon discover how we are perpetually seeking innovative means to enhance their opportunities and augment their earnings. Bybit is committed to offering the most attractive incentives in the market, and this campaign exemplifies our dedication to the options trading community. We firmly believe that our platform provides the next-level reliability and opportunity professional traders are looking for. We look forward to welcoming new clients to our growing family.”
Founded in 2018, Bybit has emerged as a prominent cryptocurrency exchange, providing a robust platform for crypto traders. Boasting an ultra-fast matching engine, Bybit ensures swift and efficient order execution. The exchange takes pride in delivering excellent customer service and fostering a multilingual community support system, catering to the diverse needs of its users. Bybit’s commitment to partnerships with esteemed entities is evident through its associations with renowned teams and organizations.
As an official partner of Formula One’s reigning Constructors’ and Drivers’ champions, the Oracle Red Bull Racing team, Bybit showcases its dedication to high performance and excellence. Additionally, Bybit extends its support to esports teams, including NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports, acknowledging the growing influence of competitive gaming. Notably, Bybit also collaborates with the prestigious association football (soccer) team, Borussia Dortmund, further establishing its presence across diverse sports sectors.
