Bybit Introduces Fixed-Payout Contracts for Bitcoin and Ethereum Trading
- Bybit has launched Bybit Odds, a fixed-payout product allowing users to predict Bitcoin and Ethereum price movements.
- Users can select from three contract formats—up/down, target-price, and price-range—each with durations from five minutes to seven days.
- The minimum position size is set at 5 USDT, with no leverage, margin calls, or liquidation risks involved.
- Users can view potential payouts before confirming trades and the amount assigned represents their maximum loss.
- Bybit Odds integrates with the Unified Trading Account, allowing funding using existing USDT without needing a separate account.
This new offering aims to enhance trading options on Bybit by providing a straightforward way for users to engage in price prediction without traditional risks associated with leveraged trading.
With the introduction of Bybit Odds, users can now trade with a clear understanding of their maximum risk and potential payout on contracts linked to Bitcoin and Ethereum, starting from just a minimum investment of $5 USDT.
