Bybit Opens 24/7 Access to Major FX Markets

Bybit has expanded its derivatives offering to foreign exchange by introducing perpetual contracts based on three primary currency pairs. The shift will allow the crypto trader to access forex forex exposure around the clock through an established USDT settled product. The launch also highlights growing competition between digital-asset exchanges and traditional financial markets.

Bybit Adds Major Forex Pairs

The new contracts track EUR/USD, GBP/USD, and USD/JPY. Traders can open positions without owning the underlying currencies. Each contract has no expiry date, while profits and losses settle in USDT.

Moreover, Bybit allows leverage of up to 100x on the new products. Trading continues throughout the week, including periods when traditional forex markets remain closed.

Consequently, traders gain greater flexibility when responding to global economic developments. H…

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