Bybit launches platform to promote promising blockchain projects

Crypto exchange Bybit has unveiled its own Bybit Launchpad platform for promoting new tokens. It will provide access to a preliminary listing and allow you to purchase tokens directly from Bybit.

The service is available to Bybit users who have passed the first level KYC verification.

The BitDAO token BIT will be presented first at Bybit Launchpad.

We are inspired by bold creative experiments in the crypto space and talented, motivated people working to create a better financial future, ” says Ben Zhou, Co-Founder and CEO of Bybit. – The Bybit Laucnhpad platform was created in order to acquaint a wide audience with revolutionary ideas and give way to promising projects.

BIT token will be launched on Bybit Launchpad

BIT is the native token of BitDAO, one of the largest Decentralized Autonomous Organizations (DAOs) in the world. BitDAO is committed to leveraging investment and RD resources to develop DeFi innovations and services. BitDAO is backed by Peter Thiel, Founders Fund, Pantera, Dragonfly, Spartan, Alan Howard, Kane Warwick, SushiSwap, Polygon and others.

Bybit is a partner and founder of BitDAO and is committed to transferring 2.5bps of Bybit futures trading volume to BitDAO. For 2021, the volume of these investments will exceed $ 1 billion per year. As of September 16, the BitDAO fund is $ 540 million.

Participants in the BIT launch will be able to receive various rewards for participating and participate in giveaways. Announcements of the timing and procedure for the launch of BIT, as well as promotions with its free distribution will be posted on the Bybit blog.

For more information on the Bybit Launchpad and upcoming token launches, follow the link .

About Bybit

Bybit is a global cryptocurrency exchange launched in March 2018. It is a professional platform with an intuitive interface, user-friendly mobile application, 24/7 multilingual support. Spot, derivatives, cloud and DeFi mining services, as well as an API interface are available on the Bybit platform.

The Russian-speaking community of Bybit is a community of thousands of traders who communicate and help each other on Telegram, Instagram, Vkontakte, Twitter.

About BIT and BitDAO

BIT is the native token of BitDAO, one of the largest Decentralized Autonomous Organizations (DAOs) in the world. BitDAO was conceived with the goal of giving impetus to the development of a decentralized tokenized economy in order to create a level playing field for all people on the planet.

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