As the cryptocurrency industry continues to grow and attract more investors, crypto exchange ByBit has announced the launch of its Wealth Management product intended to address the needs of its clients with custom investment solutions.
Specifically, Bybit’s Wealth Management service aims to provide users with a secure environment and advanced strategies for long-term growth, attractive returns, and minimal risk, regardless of the market conditions, according to the information shared with Finbold on August 8.
Furthermore, the crypto trading platform stated it would roll out the product in two phases – the Fund Pool, which offers access to diversified assets managed by industry experts, and Structured Products, which focuses on growing investment scopes for its users.
In addition to offering various asset growth methods to all users, Bybit’s Wealth Management also includes a VIP system that provides “unparalleled benefits to high-net-worth individuals,” as well as opening doors to potential collaborations and strategic partnerships with institutions on creating the crypto investing landscape.
Bybit team at work
Commenting on the development, the crypto exchange’s co-founder and CEO Ben Zhou expressed his team’s excitement and joy, as well as stressed the primary selling points of its latest success. As he stated:
“We are thrilled to introduce Bybit’s Wealth Management, a product that embodies sophistication and prudence in the crypto investment space. (…) With tailored options, stable returns, and low-risk strategies, our Wealth Management product offers seamless access to the exponential opportunities in the crypto market.”
Notably, the introduction of this new program arrived one month after the crypto exchange boosted its copy trading, offering users advanced opportunities via automated trading, including the main derivatives terminal that provides access to a wide array of features and third-party tools for wealth management.
Earlier, Bybit teamed up with the Swiss luxury watch manufacturer Franck Muller to promote the exchange’s technology and the watch maker’s products in joint campaigns, featuring a co-branded card for shopping on the Franck Muller website and special discounts with partner shops.
In April this year, the crypto exchange also opened its native token sale platform ByStarter, which provides a whitelist and vesting schedule token sales, linking investors with positive Web3 initiatives to increase the likelihood of financial returns, as Finbold reported on April 17.
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