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Bybit Unveils Partnership With Digital Finance Institution Cabital

Published 02/08/2022, 11:00 AM
Updated 02/08/2022, 11:30 AM
Bybit Unveils Partnership With Digital Finance Institution Cabital

    • Bybit partners with Cabital.
    • The partnership aims to give seamless experience to Bybit users.
    • Cabital uses technologies from Fireblocks.

Bybit, one of the world’s leading crypto exchanges, has announced its recent partnership with Cabital–a fast-growing digital assets institution. Furthermore, this collaboration aims to provide a seamless experience for Bybit users.

In detail, the partnership lets Bybit users purchase crypto using EUR and GBP directly on the Bybit platform through bank transfers, and transfer cryptos between their Bybit and Cabital wallets. What’s more, there are no deposit fees required.

On top of that, Capital’s system scans several exchanges to give users only the best rates for full-price transparency. It mainly seeks to empower people to earn passive income securely and safely by using their cryptocurrencies.

Additionally, it features a plethora of technologies from Fireblocks–one of the market’s prominent leaders in crypto security and infrastructure. It secures users’ funds with high-end institutional-grade protections.

According to Ben Zhou, the co-founder and CEO of Bybit, Capital’s goals are aligned with the company’s goals in bringing next-level trading to their users and elevating their experience. He further said:

We at Bybit are thrilled to embark on this new partnership with Cabital, and look forward to empowering folks from all walks of life in realizing their financial goals through crypto. Let’s revolutionize the industry together.

Meanwhile, the co-founder and CEO of Cabital Raymond Hsu commented that:

Cabital believes that it should be easy to buy crypto. We are very excited about partnering with Bybit and helping their customers buy crypto in a seamless and safe fashion. With Cabital’s fiat on-ramp solution, Bybit users can now buy crypto at some of the most competitive prices in the market. We achieve this through an off-chain settlement mechanism with Bybit, allowing their users to avoid hefty gas fees. Let’s take the crazy out of crypto and help millions of more people achieve financial independence.

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