One of Coingecko’s top five cryptocurrency exchanges, Bybit, is excited to announce that its peer-to-peer (P2P) trading service is now available for customers to purchase cryptocurrency on-chain.

With the P2P improvement, customers may presently buy USDT with more than 62 different fiat currencies while receiving cryptocurrency on the Ethereum and BNB blockchains. Users may instantly receive USDT in their secure Bybit Wallet. Also, more cryptocurrencies will be added in the near future. Taking into account variables like the nation/region, selected payment method, desired currencies, and suitable suppliers, Bybit intelligently presents the best deals.

As part of its mission to become the world’s Crypto Ark, Bybit connects cryptocurrency buyers and sellers. Additionally, Bybit Web3’s P2P capability offers secure peer-to-peer transactions by using an escrow mechanism to guarantee that each trade is carried out easily and transparently.

“At Bybit, we continuously strive to democratize access to financial services using decentralized blockchain technology,” said Ben Zhou co-founder and CEO. “To break down the difficulty barrier, we have invented Bybit’s Web3 Wallet, which allows users to interact with decentralized finance apps while their assets and keys and kept safe by Bybit. By connecting this service with our P2P system we are again throwing open the doors for anyone to come and take advantage of the next-level opportunities offered by the blockchain revolution.”

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Bybit is well known for its dedication to providing aggressive rates, minimal fees, and consistent conversion rates. Users may anticipate affordable pricing and the opportunity to choose from a variety of payment choices with this new feature.​