Bybit Brings Wall Street to Crypto with TradFi Perpetual Contracts in Copy Trading

Bybit, one of the world's largest cryptocurrency exchanges by trading volume, has announced that its Copy Trading feature now supports TradFi Perpetual Contracts. This move brings traditional financial assets to the tool for the first time, allowing Master Traders to take positions on assets including Tesla, Apple, and NVIDIA within Copy Trading Classic.

The added support allows users to follow Master Traders who take positions on TradFi Perps in addition to crypto pairs, with all positions settled in USDT. Users can gain exposure to TradFi assets without navigating traditional brokerage accounts, and the perpetual contract model traded 24/7 is consistent with Bybit's always-on nature.

To activate the feature, an eligible user may simply follow a Master Trader on Bybit Copy Trading Classic to mimic their moves in Bybit TradFi Perps. This makes diversification convenient and straightforward within a single Copy Trading Classic account, as both crypto and stock positions can be managed.