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Bybit clarified that its TradFi Perpetual Contracts are independent financial instruments that are not issued, sponsored, endorsed, or affiliated with any issuer of an underlying asset or relevant exchange. The broker also notes that third-party names and trademarks are used for identification purposes only.
Bybit announced that its TradFi Perpetual Contracts operate as independent financial instruments, clarifying that they are not issued, sponsored, endorsed, promoted by, or otherwise affiliated with any issuer of the underlying asset or any relevant exchange. The broker specified that any third-party names and trademarks referenced are used solely for identification purposes. No additional details regarding the structure, terms, or scope of these contracts were provided in the post.
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Bybit is a cryptocurrency exchange focused on derivatives trading, offering both futures and perpetual contracts with leverage up to 100x. The platform integrates with TradingView for advanced market analysis, supports copy trading in derivatives and spot markets, and provides features such as a transparent fee structure, instant deposits/withdrawals, a crypto debit card, and 24/7 customer support. For more details on key features and regulation, see the broker profile on Traders Union.
For additional context, our earlier news about Bybit detailed the broker's clarification on the independent issuance of its TradFi Perpetual Contracts, explaining their lack of connection to underlying asset issuers or related exchanges. Read more in the previous Bybit update on Traders Union.