Listing of Digital Assets on Bybit Convert

One of the most popular cryptocurrency exchanges, Bybit, revealed a list of 15 new digital assets on Convert on August 2. The exchange will list 15 assets, such as WELL, AVAIL, PIXFI, TAI, PIRATE, ROOT, ZKF, etc., by August 02, 2024.

The thrilling news was revealed by the discussion over X,(formerly known as Twitter).

A recent addition to the BYBIT exchange, Bybit Convert is an easy-to-use function that lets users convert their cryptocurrency holdings without incurring fees or slippage. Since its most recent update, Bybit Convert has supported over 280 cryptocurrencies, making fee-free asset conversions simple and hassle-free.

How to Convert Assets on Bybit Convert ?

Only Spot, Funding, Derivatives, Inverse Derivatives, and Unified Trading Accounts are currently able to execute conversions. Before starting a conversion, users must move their money to one of these accounts.

Furthermore, bonus balances are not convertible into other currencies; nonetheless, they will stay the same even after a conversion request has been submitted. The best quote price from many market makers, based on the current index price, determines the real-time exchange rate.

To convert assets on Bybit, users should first select “Investor” in the navigation bar and click “Convert,” or access the Convert option from the Funding, Unified Trading, or Derivatives Account pages. Alternatively, they can use the Assets column on the Derivatives trading page.

Additionally, if the real-time rate and quoted rate differ by more than 0.5%, the order will be cancelled, and users will need to retry. Apart from new token listing news, Bybit announced its exit from France amid recent regulatory developments from the French regulator.

Name of Listing 15 new Assets:

More To About On Bybit

The exchange is now supporting 20+ digital assets for purchasing cryptocurrency at zero fees on transactions on Apple Pay. Individuals are allowed to purchase digital assets until August 30, 2024, 10 AM UTC.

Moreover, To utilize the One-Click Buy feature, users should first navigate to the One-Click Buy page. Next, they need to select their preferred cryptocurrency and the currency for payment. After that, they should choose Apple Pay as their payment method. By following these steps, users can enjoy transactions with zero fees.

Conclusion

Bybit’s listing of 15 new assets significantly enhances its platform, offering a wider array of cryptocurrencies for trading. This strategic move aligns with market demands and positions Bybit as a more attractive and competitive exchange. Traders benefit from increased diversity and opportunities, though they should remain aware of the complexities and risks associated with a broader range of assets.