Bybit has expanded its crypto derivatives offerings by launching USDT-settled perpetual contracts for three major forex pairs: EUR/USD, GBP/USD, and USD/JPY. These contracts provide traders with 24/7 access and leverage of up to 100 times, enhancing opportunities for speculative trading in the FX market, according to CoinTelegraph.
Meanwhile, GBP/USD showed a slight upward movement, trading around 1.3545 with a modest bias toward 1.3565 in the near term, FX Street reported. This suggests cautious optimism among traders as the pair edges higher amid ongoing market developments.
For Japanese investors, the addition of USD/JPY perpetual contracts on Bybit offers a new avenue to engage with forex markets through a crypto-native platform, potentially bridging traditional FX and digital asset trading in a rapidly evolving landscape.