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HomeTechnologyCrypto exchange Bybit announces to support Helium(HNT) for infrastructure improvements

Crypto exchange Bybit announces to support Helium(HNT) for infrastructure improvements

Bybit, with over 6 million registered customers and the fastest-growing crypto currency exchange, has officially announced on Twitter that they will start supporting Helium(HNT) for infrastructure improvements. The process starts on June 8, 2022, at midnight (UTC).

HNT deposits and withdrawals will be halted on June 7, 2022, at 11 a.m. (UTC) until the improvements are considered stable. The actual length of the suspension will be determined by the network’s speed. However, HNT’s trading and other operations will continue as normal.

Many crypto enthusiasts use Bybit as a crypto trading platform. The brand has swiftly earned the reputation of being one of the best in the industry. Bybit has over 5 million registered customers who can trade in at least 100 assets, as well as 100 perpetual and quarterly futures contracts.

Bybit users do not need to go through the KYC procedure, which reduces the time it takes to get started with crypto trading. Many areas do not presently regulate operations. Bybit compensates for this by offering an Insurance Fund guarantee to pay for any losses incurred.

Compared to other trading platforms, the trading charge is low.

Those new to crypto trading should do extensive research and read Bybit reviews to see if it is appropriate for their trading styles and needs.

A new user may register on the Bybit platform by visiting its official website, filling out the necessary information, and signing up after checking all terms and conditions. Signing up may also be done using the mobile app.

All of the development has been done by talking to its users and developing its functionalities based on their feedback. Bybit, known for its best-in-class infrastructure, focuses on staying up to date with industry standards. Bybit is deeply committed to creating an exchange ecosystem that is fair, transparent, and efficient.

Bybit’s liquidity mining and staking solutions provide consumers with quick access to its convenient and hassle-free APY. It was established in 2018, with its headquarters in Singapore. More than 20 fiat currencies, as well as cryptocurrencies like ETH, BTC, USDT, XRP, and EOS, are supported on the platform.

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Jeewan Singh
Jeewan Singh
Jeewan Singh is CryptoShrypto’s content writer and a seasoned writer with over two years of experience in writing about Indian Securities Market. Jeewan's participation in Blockchain and Cryptocurrency started in late 2020, and he hasn't looked back since. The technical and economic outcomes of cryptocurrency are what spark his curiosity, and he keeps one eye on the market.
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