Bitcoin exchange Bybit has set up a $100 million fund to support institutional clients during “tough times for the industry.”
“We are all in this together, and it’s up to everyone to do what they can to support our industry and this is one way we are helping to give back” - @benbybit 💪💪#Bybit #TheCryptoArk https://t.co/mX8jW6O3vG
— Bybit (@Bybit_Official) November 24, 2022
This initiative is aimed at market makers and professional client managers using the platform.
ByBit Exchange:
After the FTX saga, the past two weeks have sent shockwaves through the cryptocurrency industry. Both merchants and organizations have been adversely affected by financial and/or operational issues. As a major cryptocurrency exchange, we feel and empathize with these difficulties.
At Bybit, our mission is to be the crypto ship of the world, and we strive to deliver next-level reliability, products, and features. To help institutional traders weather the storm, we’re excited to announce the launch of our $100 million support fund.
Our team buy cryptocurrencies like Bitcoin here:
✔️ (Exclusive rewards worth up to $4,150)
⚡ Bybit ➥ Official link
How to Trade Bitcoin with Bybit MT4

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Remember, on November 19, 2022, there was some important news about FTX and Grayscale exchange. After these events, we can see the market moving in the direction of a correction. What will the future of the cryptocurrency market look like or how long will the cryptocurrency winter last (hard to say).
The most important thing to remember is that investing in cryptocurrencies is always risky, just like investing in stocks, and you should only invest money that you can afford to lose.
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