Canadian project

In surprising comments made by the Russian director for financial policy, Russia could be softening its stance toward crypto. Ivan Chebeskov, a director within the Ministry of Finance, has come out in support of regulating crypto rather than banning it.

His support is a response to the Russian central bank proposing a blanket ban on crypto mining and trading

Bybit now officially opens its peer-to-peer (P2P) transactions to all its users around the world. In detail, all the traders in the exchange can now buy and sell Tether (USDT) along with the other users of the exchange.

The peer-to-peer (P2P) feature of Bybit is available on the network’s website. It offers its users an easy, and a secure way of buying and selling crypto with no hidden fee. The app version will launch soon.

The platform provides 80 different payment methods with over nine fiat options. These include some of the major currencies such as Australian dollar, Hong Kong dollar, Indian rupee, Malaysian ringgit, Philippine peso, Russian ruble, New Taiwan dollar, Ukrainian hryvnia and Vietnamese d**g to name a few.

In terms of user experience, Bybit provides its investors to have more control over their crypto assets. For example, once a buyer completes their order, the seller’s cryptocurrency will be placed in a temporary deposit until both parties confirm that the transaction is successful. There will also be an ad posting feature to allow whitelisted users to personalize their offers according to preferred price, payment method and local currency.

On the other hand, Bybit is a cryptocurrency exchange established in March 2018 to offer a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support.

Today, Bybit ranks as one of the top crypto exchanges in Coingecko.