Bybit, the only cryptocurrency exchange to offer USDC options, has partnered with trading solutions provider Actant to provide first-in-class trading tools for professional traders.
Bybit, which has one of the largest BTC futures open interest, is now fully integrated with Actant, bringing a full range of tools for risk, trading, automation, and quoting to the cryptocurrency exchange.
Actant provides trading solutions for financial firms, including proprietary trading and market making firms, investment banks, and hedge funds trading on the world’s major derivatives and stock exchanges. Building a strong partnership with Bybit allows Actant users to trade and clear on Bybit.
The full range of Actant tools for risk, trading, automation, and quoting are now available for trading on Bybit’s extensive derivatives platform. Bybit covers futures, perpetuals, and has recently introduced stablecoin-margined options contracts, which allows traders access to crypto options using USDC, without the need to buy/own the underlying crypto asset.
Traders on Bybit can take advantage of the platform’s margin and unified account system, which lowers margin requirements on hedged positions. This means traders can deploy profits from winning positions to offset the losses of losing positions in the same portfolio. Additionally, with Bybit’s industry-leading liquidation protocol and world-class security, traders can be assured of safety and fairness across all Bybit trades, every step of the way.