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Bybit Dual Asset Introduces New Simulator and Expands VIP Access for All Users

Bybit Dual Asset

Bybit Dual Asset has launched a major product upgrade, offering traders additional tools, improved accessibility and an upgraded investment experience. The newest update includes a new simulator, a redesigned user interface, and enhanced access to VIP-only investment products. Bybit Dual Asset aims to make structured crypto investing more accessible and help users make informed trading decisions with these upgrades.

Bybit, the world’s second largest cryptocurrency exchange by trading volume, has created Bybit Dual Asset as a short term structured investment product with built-in yield. The product does not guarantee principal protection. However, it does allow users to set their price target to buy or sell cryptocurrencies. Participants will continue to receive APR rewards on their principle, regardless of whether the specified target price is hit at settlement. This way, traders will be able to combine the flexibility in pricing with attractive earning opportunities.

New Simulator Provides Better Investment Planning

The most recent upgrade includes a user-friendly simulator that lets users see possible settlement results before placing an order. This allows traders to assess different investment scenarios with increased confidence.

The user can choose and search the token of interest among the list of available tokens in the simulator. They can also enter a custom amount to invest and choose from several investment periods. In addition, the simulator displays the settlement results along with a clear visual representation, which makes product evaluation easier.

The new “Match My Assets” filter also recommends suitable coins based on a user’s existing crypto holdings. This feature makes it easier to choose products and saves time in finding relevant opportunities. In the “Choose Product Plan” section, the simulator can be used by switching on “Beginner Mode”.

Bybit has also updated the Dual Asset interface to be more user-friendly. The updated layout eliminates redundant steps and enables users to more efficiently compare product terms and invest.

All Users Now Have Access to VIP Benefits

In addition to the interface upgrades, Bybit has also launched its Dual Asset products for VIPs only. All users can enjoy improved APR products every Friday without VIP membership status. Until now, these investment opportunities were only available to VIP-tier customers.

This weekly effort allows more traders to access premium yield opportunities while experiencing products usually only available to higher-tier accounts.

The upgraded Bybit Dual Asset is still the same product users love, with meaningful enhancements. Users can still earn competitive APR rewards upon the success of target trades. At the same time, they can possibly buy cryptocurrencies at lower prices or sell them at higher prices after hitting their chosen target levels. Additionally, the extended Friday access means that more members of the Bybit community can benefit from improved-rate investment products, helping to make structured crypto investing more inclusive and accessible.

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News Source: PRNewswire.com