Bybit Announces Redefined Crypto/Fiat Swaps with Zero Fees on Its P2P Platform

The company, which is ranked among the top three cryptocurrency exchanges globally, said that the new fee structure is a “game-changer” for the P2P market. Bybit stated that the policy applies to all fiat trading pairs and aims to strengthen its brand presence in the Malay market while reaffirming its commitment to safety and customer satisfaction.

Bybit emphasized that its P2P platform prioritizes user safety by using a robust escrow service. The company explained that this service ensures the secure locking of crypto funds during transactions, protecting buyers from scams. Ben Zhou, co-founder and CEO of Bybit, was quoted as saying: “Our users’ safety and satisfaction are paramount. Through our zero-fee P2P trading platform, we foster a secure ecosystem where our community can trade with confidence.”

Bybit highlighted its commitment to security, which is complemented by its robust customer support system. The company encouraged traders to report any suspicious activity, ensuring that its dedicated support team is ready to address disputes and maintain fair trading practices. Bybit added that it continuously enhances its systems and implements rigorous risk control measures to uphold this commitment.

Finally, Bybit described its P2P platform as boasting a user-friendly interface accessible on both mobile and web platforms. The company emphasized that this platform streamlines fiat and crypto pair swaps for its users. Bybit further stated that it offers over 570 payment methods and support for more than 60 local currencies, along with a simple three-step trading process, making it a leader in efficiency and accessibility within the cryptocurrency trading space.

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