Bybit, the world's second-largest cryptocurrency exchange by trading volume, has expanded its TradFi Perpetual Contracts lineup to over 200 instruments. Users now get 24/7 access to global equities and pre-IPO assets through perpetual contracts.
What Are TradFi Perpetuals and Why Do They Matter?
TradFi perpetuals are perpetual contracts that allow trading traditional financial assets (stocks, indices) without physical delivery. Bybit offers access to stocks of companies like Tesla, Apple, NVIDIA, and more, as well as pre-IPO assets — shares of companies not yet listed on exchanges.
The key advantage is the ability to trade 24/7, unlike traditional exchanges with time restrictions. For USDT holders, this opens new opportunities: you can diversify your portfolio without leaving the crypto ecosystem.
Networks, Fees, and Speed: What You Need to Know
When funding your Bybit account, consider the USDT network choice:
- TRC-20 (Tron): low fees (usually $1–2), high speed (seconds). Ideal for frequent operations.
- ERC-20 (Ethereum): fees can be significantly higher (depending on network congestion), but compatibility with most DeFi protocols.
For trading perpetuals on Bybit, TRC-20 is recommended if speed and fee savings matter. However, if you plan to interact with DeFi services, ERC-20 might be preferable.
Practical Value for VirtCardPay Users
While VirtCardPay isn't directly related to trading, our users often use USDT for subscriptions and services. Bybit's expansion signals the growing integration of crypto and traditional finance. Perhaps in the future we'll see more options to pay for stocks directly with cards, simplifying life for investors.
Conclusion
Bybit is taking a step toward merging crypto and traditional markets, offering a convenient tool for trading stocks with USDT. For stablecoin holders, this is another way to utilize their assets, and for crypto newcomers, a chance to smoothly transition into traditional investing.
This material is informational and does not constitute financial advice. Cryptocurrencies and derivatives carry high risk.
A virtual card in 2 minutes
Pay for subscriptions, AI tools, travel, and international stores. Top up via USDT-TRC20 with no acquiring fees.