Cryptocurrency exchange ByBit has announced the launch of its new asset management service, ByBit Wealth Management.
Bybit Wealth Management is a comprehensive service that allows all users of the exchange to manage, plan, and invest cryptocurrency without fees. Managed by reputable third parties, Wealth Management offers professional investment strategies and diverse portfolios to help clients achieve their investment goals.
The annual percentage rate (APR) for deposits made in Tether stablecoin (USDT) is 4.5%, ByBit said.
ByBit ensures that all funds are securely stored on its platform and that all investment activity is conducted without any online transactions.
The exchange points out that its new service is perfect for users who are interested in managing their digital assets with the help of professional services.
It is worth noting that the funds under the control of Bybit Wealth Management are managed by trusted third parties, which may include individuals who have undergone rigorous vetting processes by the platform.
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