- Bybit Web3 has returned from the hiatus, which began in May of this year when the reorganization process began.
- By incorporating fundamental DeFi functions and advantages into Bybit’s trading platform, the strategic upgrade takes a novel approach to on-chain trading.
With the launch of the brand new Bybit Web3, the world’s second-largest cryptocurrency exchange in terms of trading volume, Bybit, has announced the beginning of yet another chapter in the development of Web3 infrastructure.
Bybit Web3 has returned from the hiatus, which began in May of this year when the reorganization process began. It is now back and better than before, with the goal of enabling access for millions of users all over the globe. The new version reimagines the on-chain experience by including cutting-edge services and a user journey that is completely seamless.
Barrier-Free Onchain Experience
By incorporating fundamental DeFi functions and advantages into Bybit’s trading platform, the strategic upgrade takes a novel approach to on-chain trading. This eliminates the complexity of setting up and maintaining different Web3 wallets and gas tokens, which was previously a need.
As a result of Bybit Web3, DeFi possibilities are consolidated into a single user-friendly interface, allowing for on-chain trade to be accomplished without the need for complicated setup and administration of on-chain wallets and gas tokens. Users are able to explore on-chain trading and DeFi activities on Bybit Web3 without the need for external wallets or gas tokens. All they need is their Bybit UTA (Unified Trading Account) that is using USDT, USDC, SOL, or bbSOL.
Bybit users are able to browse between the centralized exchange and Web3 in a smooth manner. Direct trading of the most sought-after on-chain assets, including as TUNA, PUMP, FRAG, Fartcoin, JLP, RAY, MOODENG, LetsBONK, TSLAx, MSTRx, SPYx, CRCLx, and NVDAx on the Solana network, is also possible.
Bybit Web3 Exclusive: Limited-Time Prize Pool
Between now until September 7, 2025, users who are eligible for Bybit Web3 will have the opportunity to acquire a new prize pool of 200,000 USDT via two different events:
Participants who are successful will be awarded Lucky Draw Tickets, which can be used to open a prize pool of 120,000 USDT. One of the basic tasks that may be completed is to make the first Web3 transaction, which can be of any size.
Perform-Based Competition: Web3 traders who are more confident in their abilities have the opportunity to fight for top ranks in the leaderboards based on volume, with the possibility of winning up to 80,000 USDT. There is a first-come, first-served policy in place for the distribution of rewards. Conditions and terms are applicable.
Bybit Web3 combines the capabilities of Web3 with the ease of the centralized experience, providing customers with the flexibility and support they need in a format that is new. Gaining an advantage on the blockchain has never been simpler than it is now, thanks to the addition of new features such as on-chain and off-chain arbitrage chances on the roadmap.
