Bybit Brings Wall Street to Crypto Traders with TradFi Perpetual Contracts
Bybit has expanded its Copy Trading feature to support traditional financial perpetual contracts (TradFi Perps), allowing users to replicate Master Traders' positions on assets such as Tesla, Apple, and NVIDIA. This move brings traditional financial assets to the classic crypto trading tool for the first time.
The addition of TradFi Perps enables users to follow Master Traders who take positions on both crypto pairs and traditional financial assets, with all positions settled in USDT. This allows users to gain exposure to traditional financial assets without navigating traditional brokerage accounts.
TradFi Perps on Bybit are traded 24/7, consistent with the always-on nature of perpetual contract models. To activate the feature, users can simply follow a Master Trader on Bybit Copy Trading Classic to mimic their moves in TradFi Perps.