Superstar exchange Bybit unveils its Web3 wallet

When a key player in exchange platforms launches his wallet, it can only create the event. With just over 10 million users, the Bybit platform is known for its intuitiveness and ease of use. But it is above all its security that has seduced a plethora of users in the cryptosphere. In light of the gloomy crypto news with the bankruptcy of a former centralized exchange juggernaut FTX, Bybit stands out with its reliability. Also, the company has put its major assets to the benefit of a new innovative wallet solution: the Web3. Discover with us the new wallet that you will no longer be able to do without for your cryptos.

Web3 from Bybit, the wallet that makes life easier

With its new wallet, Bybit offers to discover Web3 with ease and security. Indeed, the Web3 from Bybit is designed to be easy to handle. Furthermore, what better than a secure platform like Bybit, which has never been the victim of hacking, to launch into Web 3.0 with confidence? Thus, this new wallet offers state-of-the-art security with various functionalities.

Web3 from Bybit, a 360Âş wallet

the Web3 from Bybit is an all-in-one solution that allows you to manage your digital assets on a single platform. In other words, no longer have to worry about keeping your cryptos and NFTs on different platforms.

With this custodial wallet, you benefit from the same services as with other wallets available on the market without having the responsibility to manage, store and secure your private keys. No more stress, Bybit’s cloud service takes care of everything. You finally have the opportunity to focus on the opportunities offered by Web3 with complete peace of mind, including your returns.

What are the advantages and disadvantages of custodial wallets compared to non-custodial – Sources: “ Introduction to Web3 Bybit »

A real boon for crypto neophytes, this wallet is easy to handle. Indeed, it only takes one click to configure it. It is accessible to everyone, even beginners or less experienced users who are starting to explore Web3. Bybit’s wallet allows them to get started simply and securely.

In order to create your Web3 wallet, go to the page dedicated to the wallet. Then simply click on “Connect Wallet” in the upper right corner of the Bybit Web3 page and then select “Bybit Wallet”.

But don’t take our word for it. Here is the video of a user talking about his experience with the Web3 Wallet:

A single wallet for different applications

The Bybit wallet opens the door wide to the decentralized web. It is a new user experience that allows access to the different spheres of the blockchain: DeFi, GameFi and NFT.

Thus, the DApp Store (Decentralized Apps) of Bybit Web3 offers a wide range of popular DeFi applications. These include Uniwsap, Aaeve, Curve, and many others.

In addition, gaming enthusiasts will also find their accounts there by having access to the most popular games: Axie Infinty, The Sandbox or even StepN.

As for NFTs, in addition to storing them, Bybit’s Web3 wallet provides direct access to the hottest collections.

It must be added that Bybit’s Web3 will make managing airdrops as easy as a breeze, since it will help you collect airdrops automatically on the blockchain. This feature will be available before the end of 2022, and many more will follow: swap, IoT functions, display of NFT assets, cross-chain accounting.

The wallet roadmap looks like this:

Bybit Web3 roadmap
Bybit Web3 roadmap

About Bybit

Founded in 2018 by Ben Zhou, Bybit is a multilingual crypto exchange platform present in 160 countries. Based in Singapore, the platform has a complete and universal range of services including crypto and fiat currency deposits, crypto purchases, a launchpad and a launchpool, and derivative trading. It is the third platform for the exchange of crypto derivatives according to CoinMarketCap.

The platform is highly appreciated for its ease of handling and its fluidity. Bybit is aimed at crypto investors of all levels, neophytes or professionals. The platform even has educational content to enrich their knowledge in this area. Powered by a lightning-fast matching engine, Bybit is built on three pillars: next-level service, reliability, and liquidity.

Its leading position is reinforced by its ability to be one of the safest exchange platforms, even more so in the face of the current crisis in the crypto sector in general, and centralized platforms in particular. Indeed, the collapse of FTX, former leader of the exchanges, created a real shock wave within the crypto community. It all started with rumors of the deposed leader’s insolvency following to the revelations from Coindesk regarding the balance sheet of its sister company, Alameda Research. Then followed the bankruptcy of the platform with the massive sale of FTT by its competitor Binance, which took this opportunity to deal a knockout blow to FTT. As if that weren’t enough, FTX was the victim of a massive hack, leaving its customers in disarray…

On the other hand, Bybit is one of the most SAFU (Safe Asset Funds for Users) exchanges on the market. They don’t hesitate to reward their users for choosing security: ” Get rewarded for staying SAFU with Bybit “. Something to reassure them by allowing them to have full visibility of their cryptos thanks to Bybit’s Web3 wallet. They will thus be able to avoid the misadventures of centralized wallets as the crypto sector is currently experiencing.

To conclude

Bybit thus positions itself as a true gateway to Web3. Its Web3 wallet meets the challenges of the future today. This is one more step in Bybit’s mission to become “the world’s crypto ark”. Bybit unfolds the full potential of Web 3.0. Also, it is an opportunity for everyone to discover the decentralized web in an intuitive and above all secure way thanks to a complete platform where beginners and experienced users meet. Thanks to its new decentralized wallet, Bybit is initiating a new standard, positioning itself as an undisputed leader of change.

You can already take part in the Bybit adventure. The platform is also distinguished by its generous rewards: the platform is currently offering trading free spot to celebrate its 10 million users.

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