Bybit Will List OBX Token on Its 2.0 Launchpad

　　Bybit, a cryptocurrency trading platform, has announced plans to offer the first BloxVerse platform token OBX on Bybit Launchpad 2.0.

　　The company's maiden exchange offering for OBX, according to the statement, would be hosted on the Bybit Launchpad 2.0 on June 30.

　　OpenBlox is a non-fungible token (NFT) gaming and web3 platform based on the Ethereum Virtual Machine (EVM). It is primarily concerned with play-and-earn, move-and-earn, and IP branding.

　　Users can use the firm's token, BIT, to subscribe to token allocations or participate in Launchpad 2.0's new lottery approach, according to the company.

　　“Users stake a nominal amount of Tether (USDT) for the chance to win allocations of new tokens,” the announcement said.

　　Bybit customers can now use the Launchpad to purchase the top performing tokens from previous listings.

　　In addition, Bybit has introduced its grid trading bot.

　　On June 20, the new grid trading tools became available to all registered customers. Users will also be able to utilize the grid trading bot to automate their buy and sell orders and alter their investment amount, according to the company.

　　“By executing low purchase orders that lead to high sell orders during a lateral price movement, the system ensures profitability each time the sale price exceeds the purchase price, thus eliminating the need for market forecasting,” Bybit said in an announcement.

　　The grid trading bot aids users in implementing the Grid Trading Strategy. It allows customers to place a succession of buy and sell orders within a specified price range.

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