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Bybit differentiates itself from other cryptocurrency exchanges in several ways: Derivatives trading: Bybit is primarily a derivatives exchange, offering perpetual contracts for Bitcoin, Ethereum, EOS, and XRP with up to 100x leverage. This allows users to trade on the price movement of these cryptocurrencies without actually owning them. User-friendly interface: Bybit has a user-friendly interface with advanced trading features, making it easy for users to navigate and trade on the platform. High performance and low latency: Bybit's matching engine is capable of handling 100,000 transactions per second with an average matching speed of 10 microseconds, ensuring fast and efficient trading. Strong security measures: Bybit implements strong security measures, including two-factor authentication, SSL encryption, and cold storage of funds, to protect user accounts and assets. Customer support: Bybit provides 24/7 customer support, offering users assistance with any issues they may encounter while trading on the platform.
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