MetaTrader 5 Archives | MarketsXplora

Key Insights Bybit to launch MetaTrader 5 platform in August 2024 for crypto, forex, and CFD trading, featuring competitive fees and no minimum deposit. Exchange introduces Spot Liquidity Pairing Program and zero-fee Block Trading to enhance liquidity and facilitate large transactions. Bybit reaches 30 million users, issues Mastercard debit card in Argentina as part of ongoing expansion and financial inclusivity efforts. SINGAPORE (MarketsXplora) - Cryptocurrency exchange Bybit is set to introduce the MetaTrader 5 (MT5) platform for cryptocurrency, forex, and Contracts for Difference (CFDs) trading in early August 2024, the company announced on Monday. The new MT5 offering will feature high-quality liquidity and competitive fees, providing access to crypto perpetuals with minimal spreads and leverage options. Forex trading will also be supported, while CFDs will allow speculation on price movements of assets like gold and oil without direct ownership. https://twitter.com/Bybit_Official/status/1817862636547027228 Bybit's MT5 platform will not require a minimum deposit, with funds automatically credited to the Funding Account. However, traders will need to manually transfer funds to their Bybit MT5 Account. Currently, the MT5 Account only supports deposits in USDT. In a parallel move to enhance liquidity, Bybit has launched a Spot Liquidity Pairing Program, connecting market makers with projects seeking improved liquidity. For July, seven market makers, including Amber Group and Flow Traders, are listed as "Premium" providers. The exchange has also introduced a zero-fee Block Trading feature, facilitating large asset transactions in a single trade to minimize price slippage. This feature supports multiple fiat currencies, including the Nigerian Naira and Russian Ruble. Bybit's expansion efforts have seen the company reach a user base of 30 million, with 10 million users added in approximately seven months. The platform recently issued a new Mastercard debit card in Argentina, aiming to integrate digital assets with everyday transactions and boost financial inclusivity. "Our MT5 platform and liquidity initiatives reflect our commitment to providing comprehensive trading solutions and enhancing market efficiency," a Bybit spokesperson told MarketsXplora. "We're continuously working to bridge the gap between traditional and digital finance." These developments come as Bybit strengthens its position in the competitive cryptocurrency exchange market, focusing on user experience and market liquidity.

Bybit to Launch MetaTrader 5 Platform for Crypto, Forex, and CFD Trading

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