Cryptocurrency exchange Bybit has announced new initiatives aimed at enhancing P2P trading, including the introduction of referral programs and expedited verification.
Growth in P2P Trading Popularity
With increasing regulation and economic uncertainty in traditional finance, P2P crypto trading has become an attractive alternative. Bybit's new initiatives are designed to strengthen their merchant network and advertiser presence, boosting the exchange's P2P market.
Bybit P2P Merchant Referral Rewards
Bybit offers 10 USDT to existing merchants who successfully invite new users to join as P2P merchants. Referred merchants also receive 10 USDT upon meeting established engagement criteria.
Fast-Track Verification for Experienced Advertisers
Bybit is launching an expedited verification process for high-volume advertisers, allowing faster access to the exchange's high-liquidity P2P market by demonstrating requisite trading data.
Bybit's initiatives to attract new merchants and simplify onboarding for professional advertisers highlight the exchange's commitment to strengthening its position in global P2P trading.