Bybit Becomes Second Most-Preferred Bitcoin Futures Trading Platform

As retail participation in the crypto space grows, the Asian crypto exchange has seen a solid surge in the BTC futures trading volumes. Bybit alone contributes 16% of the total Bitcoin futures open interest across all global exchanges.

Asian cryptocurrency exchange Bybit is showing solid growth in recent times. Amid the recent Bitcoin craze, the industry ranking of Bybit has shot up making it the world’s second-largest bitcoin-futures trading platform by open interest. Interestingly, the recent jump in Bybit’s ranking also comes as the BTC futures open interest tops $23 billion.