- Bybit published its liquidation data through its improved API.
- The relocation of village bit sets a precedent for other cryptout changes when it comes to transparency.
Bybit makes rounds over Krypto -Media with its bold features of making liquidation data public. This marks the first time an exchange makes all its liquidation data Available to the public. Bybit established a new standard with this feature when it comes to openness in the midst of increasing fraud and fraud in the industry.
With more than $ 5.7 billion daily trade volume appeared by bits up to be the one Top other crypto exchange platform. Bybit published its liquidation data through its improved API earlier today and took hold throughout the attention of the crypto industry. This not only increases transparency but also provides a precedent to other leading cryptout changes.
Bybit improved its API with a new website topic called “All Liquidations”, to offer users of openness. This upgraded API ensures that real -time data is delivered every 500 milliseconds. Thus, each liquidation event is captured and delivered without delay.
Is transparency the new standard for cryptop platforms?
Another leading Crypto Exchange Binance recently launched Binance Alfa To increase transparency and mark promising crypto projects. Thus, the importance given to openness by leading exchanges is clear in the industry. Co -founder and CEO of Bybit pronounced,
“The real spirit in crypto is transparency. By making all liquidation data completely public, we take a proactive approach in response to the demand for openness. This initiative ensures that traders and analysts can access complete market data and real -time market data and strengthen them with the insights they need. “
This first initiative from the Bybit platform offers several advantages for traders and institutional investors. It improves institutional investors’ confidence in choosing village bits for partnership and collaboration.
Real -time data helps investors find exact support and resistance levels and adjust their risk management frames. In addition, it will also help them get an advantage from other investors by implementing advanced trading strategies, back testing and predictable analysis.
Marked crypto news today:
ÞgrayScale’s XRP ETF review is ongoing when SEC puts on October 18 -time deadline
