Bybit Reaches 10 Million Users, Free Trading Fees For All Spot Pairs

To celebrate this achievement, Bybit are launching Perfect 10 Party, with no fees for both Spot Maker and Taker, as well as Grid Bot trading.

As a thank-you for signing up, the announcement, which has been interpreted as a marketing ploy to draw in more clients, would also provide new clients looking to use the spot trading option up to $600.

The company has also introduced benefits including a zero-fee promotion, but this won’t apply to fees for pending orders that were paid in advance of the promotion, which starts on September 6.

But what do customers actually mean by zero trading fees? Through the consolidated margin account, trading customers will be able to trade USDT perpetual and USDC options contracts simultaneously without moving assets back and forth between different accounts. Additionally, the gains and losses will be totaled in order to prevent liquidation.

Trading companies are moving to waive trading fees to attract more customers and to make crypto as accessible and inclusive as possible.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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