Bybit , the popular platform for crypto lovers, has announced its token launch platform, Bybit launchpad .
bybit Launchpad is designed to help connect innovative cryptocurrency projects with users interested in participating in promising projects, providing security and trust for both parties.
bybit Launchpad is open to Bybit users who have completed KYC Level 1, ensuring compliance with local regulatory requirements.
“At Bybit we are inspired and amazed by the high level of imaginative experimentation in the cryptocurrency space and by the talented and committed people working for a better future of finance,” said Ben Zhou, Co-Founder and CEO of Bybit . “With Bybit Launchpad , we look forward to shedding light on promising projects and helping bring groundbreaking innovations to a broader audience.”
BIT soon on Bybit launch pad
BIT is the native token of BitDAO , one of the world’s largest decentralized autonomous organizations (DAOs) that aims to allocate massive financial and talent resources to support the growth of DeFi technologies . BitDAO is supported by Peter Thiel, Founders Fund , Pantera, Dragonfly , Spartan , Alan Howard, Kain Warwick, SushiSwap , and Polygon , among others.
Bybit is an early promoter of BitDAO and has committed to contributing 2.5bps of futures trading volume to the BitDAO treasury . The contribution, at 2021 rates, is expected to exceed $1 billion per year. The BitDAO treasury balance stands at more than $540 million as of September 16, 2021.
More about Bybit
Bybit is a cryptocurrency exchange established in March 2018 that offers a professional platform where cryptocurrency traders can benefit from a lightning-fast matching engine, excellent customer service, and multilingual support. The company offers innovative spot trading and derivatives services, cloud mining and DeFi products , as well as API support, to retail and institutional clients around the world, and strives to be the most trusted exchange .
More information about BIT and BitDAO
$BIT is the native token of BitDAO , one of the largest decentralized autonomous organizations in the world. BitDAO was formed with the vision of leveling the economic playing field for the entire planet through accelerating the decentralized tokenized economy.