*Last updated: January 25, 2024 at 10AM UTC
As ApeX Pro goes one step further to bring you the best security and transparency from decentralized (DEXs) exchanges, and the usability and liquidity typically seen on centralized exchanges (CEXs), we're thrilled to announce the Bybit x ApeX integration.
Bybit is the world's leading cryptocurrency exchange and boasts a robust and dynamic ecosystem of crypto products for every crypto enthusiast out there. The exchange has been a long-time proponent of decentralized finance (DeFi); it has been and continues to commit to traders' safety when they trade With this integration, Bybit is firmly opening the gateways to DeFi and decentralized trading on ApeX Pro.
It is ApeX Pro's goal to remove common barriers to entry when trading on DEXs, including the lack of usability, less-than-optimal liquidity provisions, complex user interfaces and so much more.
ApeX Pro welcomes all of Bybit's users to immerse themselves in the permissionless DEX trading experience — the same easy-to-use order book interface for seamless user onboarding, USDC perpetual contracts, order types, price efficiency, high transaction speeds, up to 30x leverage and market depth that Bybit users are familiar with.
Moreover, instead of creating multiple wallets and having to manage multiple private keys and apps, this integration allows Bybit users to simply transfer their Bybit assets and funds from their Bybit Wallet. Users can access gas-free trades in three simple steps:
Connect their Bybit Wallet to ApeX Pro to begin depositing or trading on ApeX Pro
Once connected, traders can deposit to ApeX Pro via their Bybit Web3 wallet (Bybit Wallet)
Once deposits are made, traders can begin trading
Traders get access to trades of any size, and deposit and withdrawal services on ApeX Pro without having to go through Know-Your-Customer (KYC) processes. Multi-chain support for Ethereum and any EVM-compatible chains and tokens are also supported, starting with Arbitrum, BSC and Polygon, with more scheduled to be added.
Above all, the safety of our traders remains ApeX Pro's topmost priority. This includes the safety of a trader's funds, the transaction verification safeguards in place and its privacy-preserving measures. With the integration of StarkWare's Layer 2 scalability engine StarkEx:
Transactions are verified via zero-knowledge (ZK) proofs and require the trader's signature to confirm and process the transaction request
A trader's personal information and data are not visible to other traders and external parties
Traders will always have 100% ownership of their wallets and funds when they connect a supported, external wallet to ApeX Pro, as they're able to perform forced requests to recover their funds even in the unlikely event of service disruptions or downtimes
For traders looking for extra perks, check out ApeX Pro's year-long Trade-to-Earn event, where $190,000 worth in $BANA rewards are distributed without fail to trading users every week based on their trading volume.