Five Questions with Bill Xing from Bybit
Five Questions with Bill Xing
We are excited to ask Bill Xing, Head of Financial Products at Bybit five questions. Bill leads Bybit’s effort to develop and release new products as “one of the most user experience and trader focused platforms”. Get to know Bybit through Bill in this edition of “5 Questions”.
Questions & Answers
Q: What are some of the past or future products from Bybit you’re most excited about?
Bill Xing: I am excited about our strategy alert feature on the mobile. Super convenient and useful. Crypto is 24*7 and very volatile, without a tool like strategy alert, it’s almost impossible to manage risks or capture opportunities. We are also going to add features that allow you to automatically place orders once alerts are triggered. A way to capitalize on the signals immediately.
Q: What separates Bybit from other spot and derivative trading platforms?
Bill Xing: Super deep liquidity and user-friendly interface for traders from starters to advanced ones. Also, we have a world-class mobile app 🙂
Q: How does Bybit plan to continue to play a large role in making cryptocurrency safer and easier for retail clients to trade?
Bill Xing: I would say technology investment in-house and user education effort. We have hundreds of top-notch engineers in-house who are working on trading platform performance and security. Also, we have great content creators writing blogs to educate users on crypto, trading, and risk management. https://blog.bybit.com/en-us/
Q: What can clients who participate in World Series of Trading (WSoT) expect during one of these trading competitions?
Bill Xing: A lot of fun and trading experience. If you are really good at it, you could make money by winning prize as well.
Q: With the global push to legitimize cryptocurrency trading platforms with regulating entities, what can clients expect to happen with AML/KYC on Bybit?
Bill Xing: We have already supported KYC features on the platform. For AML, we have built all sorts of tools and procedures in place to prevent money laundering.
Bybit is a global cryptocurrency derivatives exchange established in March 2018 and registered in the BVI. It is headquartered in Singapore and has offices in Hong Kong and Taiwan. We have users from all over the world including North America, Europe, Russia, Japan, South Korea, and Southeast Asia. We are focused on serving everyone from individual retail clients to professional derivatives traders. Our technology team includes experts from numerous leading companies such as Morgan Stanley, Tencent, Ping’an Bank and Nuoya Fortune.
Our liquidity ranks second because we put our clients first.
Our matching engine never overloads with over 100,000 TPS dedicated to every single trading pair, and our servers are never down with our grey release feature and hot patches released on the go. Lastly, all funds are kept safe with our Hierarchical Deterministic Cold Wallet System storing all assets. All of these and much more are what makes Bybit committed to creating a fair, transparent and efficient trading environment for all.