Cryptocurrency exchange Bybit has announced the launch of its upgraded Web3, aimed at simplifying user access to on-chain trading and DeFi opportunities.
New Approach to Web3 Trading
The revamped Bybit Web3 offers users a new trading experience by integrating key DeFi functions and benefits into the platform. Now, setting up and managing multiple Web3 wallets and gas tokens is no longer required. Instead, users can utilize a Unified Trading Account (UTA) on Bybit to access on-chain assets.
Prize Program for Bybit Web3 Users
From April to September 2025, Bybit Web3 users can participate in a prize program with a total prize pool of 200,000 USDT, offering two types of competitions: task completion and trading performance. Participants can earn lucky draw tickets and compete for top spots based on trading volume to win additional prizes.
The Future of Web3 Opportunities
With new features such as arbitrage opportunities on the platform and ongoing functionality enhancements, Bybit aims to make the on-chain trading experience more accessible and user-friendly. The exchange assures users can seamlessly transition between centralized and decentralized trading platforms.
With the launch of the upgraded Web3, Bybit marks a significant advancement in integrating DeFi opportunities for a broad range of users, offering new tools and simplifying access to on-chain assets.