Cryptocurrency exchange Bybit has introduced a new cryptocurrency listing and delisting system to improve user protection and enhance operating standards.
Bybit representatives said they felt a heightened sense of responsibility for the transparency and security of their operations. More than 150 new tokens debuted on the trading platform in 2024.
New Bybit Rules
The key element of the new initiative is the pre-market mechanism. It is designed to prevent market manipulation. According to the Bybit team, the tool will create a more orderly trading environment and close the gap between the secondary and primary markets.
The marketplace’s listing and delisting system will also place a strong emphasis on ongoing compliance monitoring. Bybit plans to conduct regular audits of projects that appear on the platform.
In addition, the exchange will implement clear delisting protocols. With their help, the platform will remove projects that do not meet the requirements or do not show satisfactory results.
Earlier this year, crypto exchange Binance changed its criteria for listing and delisting coins.
Bybit Adds 20 USDC Trading Pairs
Almost simultaneously with the update of the listing rules and delisting of Bybit announced about adding a number of trading pairs with the USD Coin (USDC) stablecoin.
Already today, August 14, the following will appear on the spot trading platform:
- PEPE/USDC;
- WIF/USDC;
- TON/USDC;
From August 20 to 29, the crypto exchange will also list:
- NOT/USDC;
- BNB/USDC;
- BONK/USDC;
- NEAR/USDC;
- BCH/USDC;
- FLOKI/USDC;
- MEW/USDC;
- ONDO/USDC;
- KAS/USDC;
- JASMY/USDC;
- UNI/USDC;
- FET/USDC;
- ATOM/USDC;
- FTM/USDC;
- INJ/USDC;
- TIA/USDC;
- BRETT/USDC.
Stay up to date! Subscribe to World Stock Market on Telegram.
Source: Cryptocurrency
I am an experienced journalist and writer with a career in the news industry. My focus is on covering Top News stories for World Stock Market, where I provide comprehensive analysis and commentary on markets around the world. I have expertise in writing both long-form articles and shorter pieces that deliver timely, relevant updates to readers.
