Bybit Extends Support to HNT Network Upgrade

Scott CookJune 6, 2022Last Updated: June 6, 2022

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Bybit Extends Support to HNT Network Upgrade

Bybit has announced support for the network upgradation of Helium (HNT). The process starts on June 08, 2022, at midnight (UTC).

Deposits and withdrawals of HNT will be suspended on June 07, 2022, at 11 AM (UTC) until the upgrades are deemed stable. The exact duration of the suspension will be based on the speed of the network. Trading of HNT and other activities will, however, operate as usual.

Bybit is a crypto trading platform used by many crypto enthusiasts. The brand has quickly earned the reputation of being one of the bests in the market. Bybit has more than 5 million registered users who can trade in at least 100 assets and 100 perpetual & quarterly futures.

Users registering on Bybit are not required to go through the KYC process, shortening the period it takes to get started with a crypto trading journey. Operations are currently not regulated in a lot of regions. Bybit makes up for it by providing an Insurance Fund guarantee to compensate for losses suffered, if any.

The trading fee is minimal in comparison to other trading platforms. Those new to crypto trading should thoroughly research and Bybit reviews to know if it’s suited to their trading styles and eeds

A new user can register on the platform of Bybit by visiting its official website, filling up the required details, and signing up after reviewing all terms & conditions. The mobile app can also be used for signing up.

Some of the promotions run by Bybit are Rewards Hub, Affiliate Program, Flash Deals, and Referral Program. The mission is to empower those who believe in the future of cryptocurrencies. Values of Bybit center around revolutionizing the digital industry by blending the best of cryptocurrency and traditional financial systems.

All the progressive stages have been achieved by lending ears to its users and improving their functions based on feedback. Known for its best-in-class infrastructure, Bybit focuses on keeping itself updated per industry standards. Bybit is highly committed to creating a fair, transparent, and efficient exchange environment.

The team behind the success of the crypto trading platform consists of members from different industries like investment banking. Users find everything they need under a single umbrella/ Bybit offers services like Bybit Earn, NFT Marketplace, and Options.

NFT Marketplace of Bybit bridges creators & artists from one side to collectors & traders on the other side. Users can explore more trading opportunities through the offering of stablecoin-margined Options.

Bybit enables users to access its convenient and hassle-free APY from liquidity mining and staking products. It was founded in 2018, with its headquarters located in Singapore. More than 20 fiat currencies are supported on the platform along with cryptocurrencies, including, but not limited to, ETH, BTC, USDT, XRP, and EOS. Trading pairs supported by Bybit are:-