Bybit Raises the Bar: VIP Program Upgrades Set to Redefine the Trading Experience

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 21 July 2023 – Bybit, the world’s third most visited crypto exchange, has unveiled its newly revamped VIP program. With a focus on enhancing user satisfaction and optimizing trading opportunities, the revamped VIP program introduces a range of new features and benefits.

Notable changes include revised fee rates for takers and makers across different VIP tiers. Bybit has lowered the taker fee rates while increasing the maker fee rates to beat rival crypto exchanges by offering unparalleled value to VIP and PRO clients. The updated fee structure ensures that traders enjoy a more lucrative and exciting trading environment.

Bybit has also expanded its PRO levels from three to five tiers. Current VIP users can now instantly upgrade to PRO Level when the proportion of their API transactions exceeds 20%. PRO users benefit from a more favorable maker rate, ensuring a competitive edge in their trading activities.

The level thresholds have also been adjusted to better reflect user activity, with PRO3 encompassing a transaction volume range of 500M to 1B, PRO4 spanning 1B to 2B, and PRO5 catering to volumes exceeding 2B.

As part of the VIP program update, the fee rates for these grades have been fine-tuned to further benefit traders. Precisely, the rates have been adjusted as follows: 0.035% reduced to 0.03% for PRO3, 0.0325% reduced to 0.0275% for PRO4, and 0.03% reduced to 0.025% for PRO5.

Finally, Bybit has meticulously fine-tuned option levels and rates, ensuring an optimized trading experience for options traders.

“Our unwavering commitment at Bybit lies in equipping traders worldwide with the means necessary to best navigate the waters of the contemporary crypto market,” said Ben Zhou, co-founder and CEO. “The revamped VIP Program is a substantial stride toward realizing this vision, promising key service improvements for our clientele.”

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About Bybit

Bybit is a cryptocurrency exchange established in 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions, the Oracle Red Bull Racing team, esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports..

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Sudan governor renews call for Darfuris to take up arms

Darfur governor and former rebel leader Minni Arko Minnawi renewed his call for civilians in the region to take up arms to defend themselves, saying the “current situation necessitates that”, Al Arabiya reported.

He said this administration was leading efforts to stop the fighting between the Rapid Support Forces (RSF) and the army, particularly in Darfur. The conflict is now in its fourth month.

Mr Minnawi has made similar remarks in the past, raising fears that Darfur, which is divided into five states, could descend into an all-out civil war amid growing ethnic tensions.

Elsewhere in the country, fierce fighting was reported between the army and the RSF in Khartoum, Omdurman and Bahri, the three cities that make up Sudan’s capital.

Eyewitnesses in Khartoum said the army carried out the “heaviest” airstrikes so far against RSF positions in several areas. The army said it killed 18 RSF fighters in clashes in Omdurman and Khartoum.

Renewed clashes were also reported in Nyala, the capital of South Darfur state, after a lull in fighting.

The fighting has persisted despite continuing indirect talks between the army and RSF representatives in the Saudi city of Jeddah.

Source: BBC

SUNDAY, JULY 23, 2023

10:30 am Symposium discussing former MP Nasser Kandil’s book at the National Library – Sanayeh, with the participation of Caretaker Minister of Culture, Mohammad Wissam Mortada.

Source: National News Agency – Lebanon

Two civil defence officers died during rescue operation in Karak

The Public Security Directorate (PSD) mourned Friday two civil defence personnel who died during the rescue operation of two people from inside an old well in Karak. The two officers who died were identified as Ibrahim Hamed Hamaydah and Mamoun Issa Khdour. One of the non-commissioned officers was wounded while on duty. The PSD stated that the rescue teams were able to rescue the two people, one of whom was found dead and the other injured.

Source: Jordan News Agency

Israeli forces kill 17-year-old Palestinian in occupied West Bank

Israeli forces killed Friday 17-year-old Muhammad Bayed after shooting him in the head, and another Palestinian was seriously wounded during clashes that broke out with Israeli forces in the village of Um Safa, north of Ramallah. The Palestinian Ministry of Health reported that two serious injuries arrived at the Istishari Hospital in Umm Safa village before the doctors announced the death of the one, knowing that he was from the Jalazoun refugee camp, north of Ramallah. The Palestinian News Agency Wafa reported that several Palestinian civilians struggled to breathe after Israeli forces threw toxic tear gas at them during the clashes that erupted after the Israeli soldiers stormed the village.

Source: Jordan News Agency

Gold heading for gains for third consecutive week

Gold prices continued theur gains for the third consecutive week Friday supported by hopes that the US Federal Reserve would stop raising interest rates after its meeting this month. Gold in instant transactions increased 0.1 per cent to $ 1970.69 an ounce, up 0.7 per cent this week. Gold fell on Thursday from its highest level in two months as the dollar and bond revenues rose after data showed that the US labour market was stronger than expected. US gold futures rose 0.1 per cent to $ 1972.80 an ounce, according to CNBC. Among other precious metals, silver rose 0.3 per cent to $24.82 an ounce, platinum rose 0.5 per cent to $958.40 an ounce, and palladium rose 0.3 per cent to $1,281.61 an ounce.

Source: Jordan News Agency