Bybit expands crypto service in Brazil

Yesterday we wrote about the shifts that have emerged in the regulation of the Brazilian cryptosphere. And today, a message came from the Bybit crypto exchange that the platform is ready to expand its services in this country.

The bill on cryptocurrencies passed by the Brazilian Senate immediately changed the status quo for crypto companies in this country. Therefore, it is not surprising that Bybit, the third largest trading platform in the world, is interested in expanding its services.

The exchange plans to create a special team that will deal with the development of cryptocurrencies in the region. The site will have access to spot trading, investments in profitable products and dual assets. You can also access the NFT market on the exchange.

Brazilian users will also be able to buy cryptocurrencies with Brazilian reals through the local central bank's instant payment platform called Pix.



To encourage bidding, Brazilians:

  • will be able to buy cryptocurrency through Pix with zero commission;
  • from May 1-14, 2022, if they create a Bybit account, they will receive a 50% bonus on all deposits (maximum 300 reais).

Bybit is a major cryptocurrency platform. More than 6 million traders are registered on it. The daily trading volume is $10 billion. The main headquarters of the exchange is located in Dubai.

Recently, the platform added ApeX (APEX) to the listing. The popular cryptocurrency will be traded in tandem with USDT both in the app and on the website. The commission for this altcoin is minimal - 0.1%.

Until May 4, 2022 (23:59 UTC), users with a trading volume of more than 2K APEX will be able to claim a portion of the 100K APEX prize pool!

CoinShark is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. This article is for informational purposes, prepared on the basis of materials and information from open sources . Cryptocurrency is a high-risk asset, investing in it can lead to losses. Readers should do their own research before taking any action.

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