tl;dr
Bybit launched Bybit TradFi, a platform enabling users to trade gold, forex, stock CFDs, global indices, and commodities within its app, marking the first time a major crypto exchange offers this. The platform allows management of crypto and traditional assets from a single account without needing s...
Bybit has launched Bybit TradFi, a pioneering platform that merges cryptocurrency and traditional financial markets, allowing users to trade gold, forex, stock CFDs, global indices, and commodities all within a single app. This marks the first time a major crypto exchange has integrated these asset classes into one unified trading environment.
The platform enables users to manage both crypto and traditional assets from a single account and wallet, eliminating the need for separate software like MetaTrader 5. Bybit targets bridging traditional and emerging markets by offering access to the five largest global markets and including major stock CFDs such as Apple, Amazon, Tesla, and Google.
Bybit's 2025 roadmap outlines ambitions to evolve into a hybrid finance hub by expanding traditional finance product offerings, improving wallet security, and integrating Web3 tools like restaking, DeFi products, and a Web3 Points rewards program. This strategy reflects a shift towards combining centralized and decentralized finance services seamlessly.
The company has seen remarkable growth in 2024, tripling its user base to over 60 million and achieving an average daily trading volume of $36 billion. Earlier in the year, Bybit's Gold & FX pilot service recorded a daily trading volume high of $24 billion, highlighting strong market demand. To promote adoption, Bybit offers a 50% trading fee discount on stock CFDs for qualifying users through June 23.
Bybit TradFi is powered by Infra Capital under Mauritius FSC regulation but is not available in the European Economic Area and some restricted jurisdictions. The launch signals a broader trend of crypto-native firms expanding into traditional finance to meet diverse portfolio needs amid uncertain macroeconomic conditions.