Bybit has just launched Bybit Lending, a value-added product that allows users to earn interest on their idle cryptocurrencies. Bybit Lending provides a simple and hassle-free way for cryptocurrency holders to earn hourly interest on their unused assets by depositing them into Asset Pools that will be lent out to borrowers.
One of the primary advantages of using Bybit Lending is the opportunity to earn hourly interest, which starts from just one hour after depositing your unused cryptocurrency into the platform. Additionally, Bybit’s strict risk management system ensures that users’ loaned assets are kept safe, providing them with the confidence to earn returns with peace of mind. Users can also enjoy flexible redemptions and can redeem their funds at any time, with successful redemptions credited immediately.
According to the announcement, Bybit Lending is currently only available on the Bybit App, and it will be available on Bybit.com at a later date. Users can learn more about Bybit Lending by checking out the Help Centre articles on the platform, including the introduction to Bybit Lending, FAQ, and how to get started with Bybit Lending.
Bybit also announced that in May, the platform will offer exclusive promotions and rewards for its Bybit Lending users. This announcement is exciting news for users who are interested in maximizing their earnings through the platform. Bybit encourages users not to miss out on this opportunity to start earning hourly interest on their idle crypto assets in just a few steps.
In conclusion, Bybit Lending is an innovative cryptocurrency value-added product that offers users a simple way to earn hourly interest on their unused cryptocurrency assets. With its low risk and flexible redemption options, Bybit Lending provides users with an opportunity to earn returns with peace of mind. Users can look forward to exclusive promotions and rewards in May and can learn more about the platform through the Help Centre articles on Bybit.
If you don’t have a Bybit account, sign up here.
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