#Cryptocurrency #Bybit #Dubai #UAE #Web3

Bybit Debuts New Web3 Platform

DUBAI, UAE, August 8, 2025 – Bybit, recognized as the world’s second-largest cryptocurrency exchange by trading volume, has unveiled an upgraded version of its Web3 infrastructure that promises to enhance the trading experience for millions globally. The Bybit Web3 is now live, following a restructuring period that began in May of this year. This new iteration focuses on creating an accessible, innovative, and seamless on-chain experience for cryptocurrency enthusiasts.

Simple Access to On-Chain Trading

The latest Bybit Web3 introduces a simplified approach to on-chain trading. This platform integrates essential decentralized finance (DeFi) features while eliminating the complications associated with multiple Web3 wallets and gas tokens. Users can now trade without the stress of managing different wallets or worrying about the gas tokens typically required for transactions. Instead, Bybit Web3 allows users to utilize a Unified Trading Account (UTA) incorporating popular stablecoins like USDT, USDC, SOL, or bbSOL for a streamlined trading experience across the platform.

Navigate with Ease

Bybit Web3 enables users to move fluidly between the centralized exchange and the new Web3. This new functionality allows traders to access a broad array of in-demand on-chain assets such as TUNA, PUMP, FRAG, and Fartcoin directly through the Solana network. This service reinforces Bybit’s commitment to making on-chain trading as straightforward as possible for both novice and experienced traders.

Exciting Prize Pool Events

In alignment with this launch, Bybit Web3 users are given the opportunity to participate in a limited-time prize pool, totaling 200,000 USDT, available until September 7, 2025. This initiative consists of two primary events:

• - Task-Based Rewards: Users can earn Lucky Draw Tickets tied to a 120,000 USDT prize pool by completing simple tasks, such as executing their first trade on the new platform, regardless of the trade amount.
• - Performance-Based Competition: For those with greater confidence in their trading ability, they can aim for the top of the leaderboard based on trading volume. The top traders stand a chance to win part of the 80,000 USDT reward.

Rewards are distributed on a first-come, first-served basis, inspiring swift participation. Terms and conditions apply.

A Blend of Web3 Potential and User Convenience

The Bybit Web3 platform marries the potential of decentralized finance with the efficiency of centralized trading. This hybrid model offers users enhanced flexibility while simplifying their interactions with crypto markets. With plans for future features that will provide both on-chain and offline arbitrage opportunities, users can be excited for easier pathways to trade and earn within the blockchain space. Bybit is continually focused on bridging traditional finance and DeFi, ensuring that it remains at the forefront of the cryptocurrency revolution.

About Bybit

Founded in 2018, Bybit has built a robust user base of over 70 million global users while being committed to an open and equal crypto ecosystem. Bybit provides robust tools, secure custodial services, and an intuitive user interface that allows traders and investors to explore the full potential of Web3. To learn more about Bybit and what it offers, please visit their official website at Bybit.com.

For press inquiries or further information, connect with Bybit through their various social media outlets: Discord, Facebook, Instagram, LinkedIn, Reddit, Telegram, TikTok, X, and YouTube. Join Bybit and be part of the crypto revolution today!