ByBit is advancing its offerings to service institutional investors.
One of its latest moves is the integration of Cooper’s ClearLoop network.
ByBit, one of the fastest-growing cryptocurrency derivatives platforms, has successfully completed its integration of Cooper’s ClearLoop network. According to a Press Release shared with Crypto-News Flash, the integration provides clients with an off-exchange settlement option which reduces the risks of counterparty and also increases capital efficiency.
By integrating ClearLoop, ByBit is able to offer its institutional clients a streamlined and more efficient way to trade cryptocurrencies. This will allow for faster settlement times and reduced counterparty risk, making it easier and safer for institutions to invest in the cryptocurrency market.
ByBit and ClearLoop Solves Security Concerns for Institutional Traders
Likewise, one benefit of the integration for ByBit is that it increases the exchange’s credibility and appeal to institutiona
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