Cryptocurrencies

Bybit Exchange and Actant Team Up to Give Traders Extra Edge

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Written By: Michael Abadha
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    Summary:
  • Bybit exchange has partnered with Actant to give traders on both platforms cutting edge trading tools We tell you what's in it for traders.

Bybit, exchange has partnered with trading solutions provider Actant. The partnership will enable professional traders to take advantage of best-in-class trading tools. Bybit has now fully incorporated into Actant as a result of the agreement. In addition, the partnership provides the exchange with a comprehensive set of risk, trading, automation, and quote features.

What’s in it for users of Bybit and Actant?

Actant’s risk, trading, automation, and quoting solutions are now available on Bybit’s broad derivatives platform. On the other hand, Bybit supports futures, perpetuals, and has recently added stablecoin-margined options contracts. Traders can now use USDC to trade crypto options without having to possess the underlying crypto asset themselves.

For financial institutions, Actant provides great trading solutions. A wide range of services are available, including proprietary trading and market-making organizations, investment banks, and hedge funds. Also Actant users will be able to trade and clear on Bybit as a result of this agreement.

In addition, Actant dealers will benefit from Bybit’s industry-leading liquidation protocol and top-notch security measures. As a result, they may trade with confidence, knowing that they can count on fairness in all of their Bybit transactions. For Actant’s algorithmic quoting and ExStream automated trading and hedging, Actant’s Bybit users will gain a significant advantage.

Bybit’s margin and unified account mechanism will also be of benefit to Actant traders. As a result, they enjoy lower margin requirements for hedged bets. As a result, the profits from successful positions can be used to balance the losses from losing positions in the same portfolio. Additionally, the 100K transactions per second transaction speed offered by Bybit is a significant benefit to traders.

An Actant CEO adds that the company “is committed to rapidly increasing support for the crypto industry, but stays selective in its investments. That’s why they chose Bybit, he said. Bybit’s innovation, leadership, and success were all factors.

” This partnership will allow users of both our platforms to benefit from the exponential growth of the crypto derivatives market, and strengthen both parties’ positions as market leaders,”said Ben Zhou, co-founder and CEO of Bybit.

This post was last modified on Jul 18, 2022, 20:00 BST 20:00

Written By: Michael Abadha

Michael is a self-taught financial markets analyst, who specializes in analysis of equities, forex and crypto markets. He draws his inspiration from the fact that markets provide an interface through which the world interacts in search of a better tomorrow.

Published by
Written By: Michael Abadha