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As much as the recent FTX saga created an adverse domino effect on the crypto industry, it served as a wake up call for us. Now, louder than ever, regulators and the crypto community are voicing their concerns for user safety and, above all, a call for openness and transparency. 

Our mission at Bybit is to be the Crypto Ark of the world — to move our users forward, for better or for worse, with next-level reliability, products and opportunities — enabling all crypto users to achieve their dreams and freedom. Despite the bearish state of the market, all hope is not lost. In fact, we see a silver lining — DeFi.

Over the years, we’ve built our reputation as a reliable exchange with advanced trading tools, unparalleled customer support, complete with educational resources to help users kick-start their crypto onboarding. Looking ahead, we see our role as being the gateway to Web3, combining the best of CeFi and DeFi by partnering with dApps and/or decentralized exchanges (DEXs) via our 

 platform. Ultimately, the goal is to actualize financial empowerment and inclusion for all. 

On this note, we are proud to officially announce our integration with 

ApeX Protocol is a multichain decentralized derivatives protocol, designed to address flaws in existing DEXs, such as high gas fees and poor order execution. The protocol is dedicated to realizing its Web3 vision — shaping a free and open ecosystem for all users to grow their wealth in a safe and trusted environment, where they can participate within an interconnected community. 

ApeX Pro is the key product of ApeX Protocol. Here are some advantages of the ApeX Pro platform:

  Bridges the gap for users who utilize order books in their trades, now on a permissionless, non-KYC and self-custodial trading platform.

 The protocol processes an average of 10 trades per second and 1,000 order placements and cancellations per second.

 ApeX Pro currently supports Arbitrum, BSC, Polygon and Ethereum for cross-chain deposits and withdrawals.

 Up to 30x leverage, instant settlement and some of the lowest gas fees, underpinned by the integration of StarkWare’s Layer 2 scalability engine StarkEx.

 ZK proofs ensure only balance charges are made visible on ETH. 

To access ApeX Pro, open your Bybit Wallet to start trading Derivatives on a secure, permissionless, non-KYC and self-custodial platform. That’s not all, be an ApeX Pro trader to unlock limitless Perpetual Contracts access with an order book model, and earn rewards in $BANA — the reward token of ApeX Pro — with a Trade-to-Earn event. More details 

Trade decentralized on a permissionless non-custodial DEX

The Future is Decentralized: Bybit x ApeX Pro Integration

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