Bybit, the world’s second-largest cryptocurrency exchange, has announced the launch of a new Web3 platform that offers users simplified access to decentralized trading opportunities.
Updated Trading Experience in Web3
The launch of Bybit Web3 provides users with a way to seamlessly trade on a decentralized platform without the need for complicated wallet setups or gas token management. The platform integrates DeFi functionality into one interface, allowing for the use of a Unified Trading Account (UTA) with USDT, USDC, SOL, or bbSOL for trading access.
New Prize Pool for Users
According to the announcement, from August 8 to September 7, 2025, active Bybit Web3 users can participate in events with a prize pool of 200,000 USDT. Conditions include completing simple tasks like making the first Web3 trade and the chance to compete in trading volume competitions.
About Bybit
Founded in 2018, Bybit has rapidly become one of the leading cryptocurrency exchanges, with over 70 million users globally. The company aims to create an open and equitable ecosystem in the decentralized finance space and collaborates with leading blockchain protocols to enhance Web3 infrastructure.
With the launch of the revamped Web3 platform, Bybit aims to simplify access to decentralized trading opportunities, providing users with new tools and a more user-friendly interface.
