Bybit Unveils Bybit Odds: A Lever-Free Way to Trade Crypto Price Views
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has introduced Bybit Odds, a new Price View Contract product. This innovative tool enables traders to bet on the future price movement of BTC and ETH with fixed returns and defined exposure without leverage or liquidation.
The launch adds an alternative to conventional leveraged products, providing a straightforward way for traders to participate in crypto price movements. Bybit Odds is available through three Price View Contract formats: Up/Down, Price Target, and Price Range, with trading periods ranging from five minutes to seven days.
The return for each trade is displayed before the order is placed, allowing users to determine their exposure at the point of entry. Positions are not subject to liquidation or margin calls associated with leveraged trading, making it a more secure option.