Cryptocurrency exchange Bybit has announced the launch of a program providing institutional clients with access to exclusive benefits related to the use of the Mantle (MNT) token.
New Opportunities for Institutional Clients
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced the launch of a program that allows institutional clients holding MNT to gain new trading and lending capabilities. The program marks another phase of MNT's development, providing institutional traders with enhanced access on the Bybit platform.
Key Benefits of the Program
Institutional clients using MNT will be able to take advantage of the following benefits:
1. **Enhanced Leverage Access**: Higher leverage for margin trading and creating debt obligations. 2. **Extended Fixed-Rate Loan Terms**: Access to longer fixed-term loans with greater MNT pledges.
MNT Token Application in New Context
The MNT token, originally developed as an ecosystem token, is now becoming a crucial part of institutional trading strategies and asset management. The Bybit platform is integrating MNT into its procedural structures, opening new opportunities for asset management in the realm of decentralized technologies.
The institutional client program by Bybit using the MNT token marks an important step towards enhancing the interaction between traditional financial systems and decentralized technologies, creating new opportunities for traders and institutional clients.