Bybit has taken a significant step in bridging the gap between cryptocurrency and traditional finance with the official launch of its TradFi product on the web platform. According to the assessment of specialists presented in the publication, this move enhances user access to traditional markets, following the successful introduction of the product on the Bybit App earlier this year.
New Web Platform Launch
The newly launched web platform allows users to trade a variety of assets, including gold, forex, commodities, indices, and stock CFDs, all denominated in USDT. This feature is designed to provide a more intuitive trading experience for users familiar with cryptocurrency, facilitating seamless diversification between crypto and traditional finance without the hassle of currency conversions or switching platforms.
Competitive Trading Conditions
In addition to the user-friendly interface, Bybit is offering competitive trading conditions, including tight spreads and leverage of up to 500. To further incentivize users, the exchange is waiving transaction fees on eligible stock CFDs and global indices until November 22, 2025. This makes it an attractive option for traders looking to explore traditional markets.
The digital asset custody market is witnessing remarkable growth, as highlighted in a recent report. This surge contrasts with Bybit's new TradFi product launch, which aims to bridge cryptocurrency and traditional finance. For more details, see digital asset custody.
