Bybit Launches USD Trading Pairs, Simplifying USD On-Ramp for Traders

Bybit has launched direct USD spot trading pairs for USDT, BTC and ETH, effective April 30, 2026, aimed at simplifying the USD on‑ramp and cutting settlement steps and costs for traders. The move could increase USD inflows, liquidity and faster execution for mainstream crypto tokens on Bybit — the world’s No.2 exchange by volume — and may boost demand for BTC and ETH. A limited‑time promotion running through June 12, 2026 (25,000 USDT prize pool; new users earn 25 USDT on $1,000+ initial deposit) is likely to accelerate deposits and trading activity, though KYC/eligibility restrictions may limit immediate participation in some jurisdictions.