Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced that it is integrating MetaTrader 5 (MT5) on its platform. This integration provides traders with a comprehensive and advanced trading environment specifically designed for cryptocurrencies. Bybit’s MT5 platform offers robust security measures, flexible trading options, and support for real-time market data.
The addition of MT5 will also apparently be used by Bybit to offer high-leverage CFDs trading in non-crypto products to its clients.
Joan Han, Sales & Marketing Director at Bybit said,
“We are thrilled to be the first crypto exchange to offer the MT5 platform to our users. By integrating this industry-leading platform, we aim to empower traders with unparalleled capabilities. MT5’s advanced features and Bybit’s robust infrastructure and exceptional service create a powerful synergy that will redefine their crypto trading experience with other assets.”
Bybit also noted about its MT5 integration:
- Superior Crypto Pair Selection: Bybit MT5 offers a broader range of crypto trading pairs than other MT5 brokers, providing traders more opportunities to diversify their portfolios and capitalize on various market trends.
- Enhanced Trading Environment: MT5 offers an intuitive interface, advanced charting tools, and a wide range of technical indicators, enabling traders to make informed decisions.
- Advanced Trading Tools: Traders can leverage sophisticated charting tools, technical indicators, and algorithmic trading capabilities to make informed decisions and automate their strategies.
- Expanded Market Access: Beyond cryptocurrencies, MT5 provides access to forex, commodities, and indices, enabling traders to diversify their portfolios.
- Improved Trading Experience: The platform’s user-friendly interface and faster execution speeds contribute to a smoother trading experience.
- Exclusive Bybit Benefits: Bybit traders enjoy additional advantages such as up to 500x leverage on forex and CFDs, competitive fees, and a reduced Stop Out level.
To celebrate the launch, Bybit said it is offering traders up to 20% off in trading fee rebates. The event runs from Aug. 6, 2024, to Sept. 30, 2024. To participate, traders must register for the event and trade on the MT5 platform. By accumulating at least $50,000 in trading volume during the event period, they can earn up to 20% in fee rebates, calculated as a percentage of all fees incurred.
About Bybit
Bybit bills itself as the world’s second-largest cryptocurrency exchange by trading volume, serving over 40 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
