Get 40% Off
☕ Buy the dip? After losing 17%, Starbucks sees an estimated 20% upside. See the top Undervalued stocks!Unlock list

CoinQuora Exclusive: ByBit to Take 50% of Crypto Options Market in 18 Months

Published 03/24/2022, 02:33 PM
Updated 03/24/2022, 03:00 PM
CoinQuora Exclusive: ByBit to Take 50% of Crypto Options Market in 18 Months

    • CoinQuora’s Exclusive Interview with Bybit’s Head of Communications, Igneus Terrenus.
    • CoinQuora met with the Bybit head in the recent Dubai Crypto Expo 2022.
    • Bybit focuses on getting 50% of the Options market share in only 18 months.

Bybit Head of Communications Igneus Terrenus proudly claimed that the company can get 50% of the Options Exchange market share within 18 months. In an interview with CoinQuora at Crypto Expo 2022, Terrenus revealed the company’s plan for the future.

Bybit is looking forward to an Options Exchange. Currently, 80% of the world’s crypto options have been on Deribit. Bybit brought together an A-Team and the exchange is already on the testnet. Terrenus claimed that the team has tested every metric and has surpassed Deribit in every single one.

“We brought together an A-Team and [the exchange] is already on the testnet. We’ve tested it in every metric and we do better than Deribit. Internally, we think we can take 50% of the market share in 18 months.”

Moreover, the company is also launch ...

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.